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The Enterprise Risk Management (ERM) group is responsible for management monitoring reporting and oversight of risk at an enterprise level. Within ERM the Financial Risk team is specifically responsible for quantifying and communicating sensitivities of the Companys financial condition to changes in the capital markets. The Risk Analyst role will provide critical hands-on support for all Financial Risk related initiatives via a portfolio of regular reporting and analytical functions as well as participation in ad hoc projects of varying scope.
In this role the incumbent will work collaboratively with different functional areas including ALM Investments Actuarial and Finance and will be responsible for ensuring the end-to-end integrity of expected deliverables. This role will offer the incumbent a deep exposure to the financial markets and facilitate a thorough understanding of fixed-income investing and portfolio management market/investment risk and liquidity and asset-liability management.
Responsibilities:
Contribute to the evaluation and analysis of new asset classes and outside asset managers
Own regular production and reporting of the full suite of liability interest rate-risk metrics and contribute to the ALM analysis of significant corporate transactions such as M&A material reinsurance treaties large portfolio block trades and similar through the production of pro forma market risk metrics and impact reporting
Work with the ALM Valuation and Projection teams to understand and productionalize any changes in our ALM reporting environment
Engage in macroeconomic and capital market surveillance which includes gathering data from market and other external sources synthesizing input from various other areas of the Company
Produce periodic financial market updates and presentations for key stakeholders in Enterprise Risk and Investment functions
Support the ongoing maintenance and enhancement of our Aladdin Portfolio Management system with an emphasis on the accuracy of all system reporting while developing sufficient technical expertise to help facilitate adoption of the system by peers outside of Risk
Support special projects across the full gamut of Financial Risk via quantitative and technical analysis
Qualifications:
Undergraduate degree in quantitative discipline such as finance statistics mathematics engineering economics accounting computer science or similar
Ability to develop complex data models in Excel required
Strong analytical communication and multitasking skills
Strong problem-solving skills and the ability to explain results (both oral and written)
Fluency in PowerPoint
Prior experience with common industry tools such as BlackRock Aladdin S&P Global Intelligence (SNL) Bloomberg etc. is a plus
Prior experience in financial services is a plus (ultimate job grade may be impacted)
Intent to participate in or progress towards CFA FRM or related professional certification is a plus
$85800 - $115000 a year
Protectives targeted salary range for this position is $85800 to $115000. Actual salaries may vary depending on factors including but not limited to job location skills and experience. The range listed is just one component of Protectives total compensation package for employees.
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The internal title for this position is Associate II Risk Mangement
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Employee Benefits:
We aim to protect the wellbeing of our employees and their families with a broad benefits offering. In addition to offering comprehensive health dental and vision insurance we support emotional wellbeing through mental health benefits and an employee assistance balance is important and Protective offers a variety of paid time away benefits (e.g. paid time off paid parental leave short-term disability and a cultural observance day).The financial health of our employees is just as important as physical and emotional health. Some of the financial wellbeing benefits include contributions to healthcare accounts a pension plan and a 401(k) plan with Company matching. All employees are encouraged to protect their overall wellbeing by engaging in ProHealth Rewards Protectives platform to improve wellbeing while earning cash rewards.
Eligibility for certain benefits may vary by position in accordance with the terms of the Companys benefit plans.
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