AIM Associate - ALM | Hybrid

At Allianz Life, we are guided by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting societal equity.

What you do:

As an Asset and Liability Management (ALM) Associate, you will enhance our company's financial performance by analyzing our assets and liabilities and developing recommendations and strategies aligned with the company’s risk tolerance to support long-term growth. You'll prepare actionable analyses covering interest rate, credit, liquidity, and non-financial risks, optimizing our asset and liability position to ensure financial stability and profitability. You'll also support and drive ALM model development and assist the actuarial team with related topics for PBR, CFT, and model assumptions. This position reports to the AIM VP – ALM.

Asset and Liability Analysis:

• Conduct comprehensive and actionable ALM analysis on asset and liability positions, evaluating risks like interest rates, credit, liquidity, and market fluctuations
• Monitor and analyze financial metrics such as duration gap and cashflow mismatch.
• Identify and report trends, risks, and opportunities to senior management for informed decision-making.

Strategic Asset Allocation:

• Assist in developing and maintaining the Strategic Asset Allocation (SAA) framework, ensuring alignment with the company’s risk and return objectives.
• Analyze asset classes with specialists to understand their risk-return characteristics.
• Assess the impact of different investment strategies on the liabilities and surplus position as well as capital generation.

Financial Modeling and Forecasting:

• Use and develop our financial models to project and stress test scenarios on the company’s assets and liabilities.
• Provide forecasts and insights for strategic planning and risk management.
• Extend and test the ALM model for new scenario analysis, support the model development process to integrate new changes into the production models.
• Support actuarial ALM-related modeling for cash flow testing and PBR.
• Ensure compliance with regulatory and accounting standards. 

What you bring:

• 4+ years of experience required. Minimum 3+ years of experience within an insurance company or related financial services company in areas that are related to ALM, investment management, or pricing.
• Strong actuarial or investment modelling experience from first principles including use of actuarial modeling software.
• Demonstrated written and verbal communication for an executive audience.
• Four-year degree required: Quantitative field including mathematics, engineering, economics, actuarial science or related
• Utilization of artificial intelligence tools and resources (e.g. generative AI).
• You must be legally authorized to work in the U.S. and will not require immigration sponsorship for visa status now or in the future (e.g. H1-B, L-1, TN, etc). If you are currently on CPT/OPT, you are ineligible due to the need for future immigration sponsorship. 

Base Salary Range $66,000 - $131,000

Actual base salary may vary based upon factors such as relevant experience, qualifications, internal equity of peers, and geographic location. In addition to base salary, this position is eligible for an annual incentive program. 

What we offer:

At Allianz Life, we’re proud to provide a benefits package that supports the True Balance of our employees and their families. We offer: a choice of comprehensive medical, dental and vision plan options, health savings account, tuition reimbursement, student loan retirement plan, annual paid leave, an outstanding 401(k) company match, and life insurance. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that welcomes, includes and celebrates diversity. Our great benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re recognized as a top workplace employer.

75666 | Asset & Investment Management | Professional | Allianz US Life | Full-Time | Permanent
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Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us. Let's care for tomorrow.   #LI-TD1