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Job Purpose

The Sr. Financial Risk Analyst supports the Financial Risk Team in its assessment and analysis of Jackson’s exposures to market, credit, liquidity and other key financial risks. The Sr. Financial Risk Analyst will also support independent analysis and perspectives provided by the Team to the Board and Risk Committees on key risk indicators, material changes to exposures, risk management programs and product offerings.

Essential Responsibilities

• Leads the monthly production of risk scenario generation and risk limit calculations to support capital and liquidity management processes.

• Builds and enhances tools and quantitative models used for risk analysis.

• Monitors and analyzes Jackson’s capital positions, risk exposures, hedging activities, valuations and related processes.

• Supports model risk management efforts, including performing validations of Actuarial, Financial Reporting and Asset/Liability Management models.

• Produces key risk reports, management information and additional analysis to Risk leadership and other Jackson senior leadership on the nature and materiality of various risks confronting Jackson.

• Drives continuous improvement to enhance the quality of models and analysis produced by the Risk function and reduces the time taken to produce them.

• Provides analysis in support the Risk function’s recommendations for various assumptions, risk limits and stress scenarios.

• Supports the Risk team in providing constructive challenge to risk management activities.

• Develops and maintains effective relationships within the Risk function and other functions at Jackson (Asset/Liability Management, Treasury, Finance, Actuarial, Audit, Compliance, etc.) to allow a holistic view of risk across the organization and to strengthen cross-discipline risk management.

Other Duties

• Performs other duties and/or projects as assigned.

Knowledge, Skills and Abilities

• Knowledge of variable annuity, registered index-linked annuity and fixed indexed annuity product pricing and ALM techniques, and enterprise and financial risk exposures facing annuity writers.

• Knowledge of the financial derivatives used to hedge annuity risk exposures.

• Knowledge in the design, development, operation and testing of quantitative models, especially models of financial derivatives/guarantees.

• Demonstrated proficiency using Microsoft Excel.

• Ability to program in C and/or Python.

• Familiarity with data analysis and statistical software such as SAS, R or MATLAB is desired.

• Strong verbal and written communication skills, especially when articulating technical concepts in a compelling manner to engage both technical and non-technical audiences.

• Strong analytical, problem solving skills and detail orientation. Ability to exercise sound judgment when analyzing situations and resolving issues.

Qualifications

Bachelor's Degree in a quantitative discipline, such as Finance, Actuarial Science, Economics or Mathematics required.

3+ years experience in a risk management role in diversified life and annuity/financial services company or related consulting services organization required.

Progress towards professional designation in related risk management, actuarial or investment management (such as PRM, FSA, CFA, CERA) area required.

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We don't just accept difference - we celebrate it, we support it, and we thrive on it for the benefit of our employees, our products and our community. Jackson is proud to be an equal opportunity workplace. The Company subscribes to and endorses federal and state laws and regulations relating to equal employment opportunity for all persons without regard to race, color, religion, gender, age, national origin, legally-recognized disability, marital status, legally-protected medical condition, citizenship, ancestry, height, weight, sexual orientation, veteran status, or any other factor not related to the needs of the job. The Company is committed to a policy of equal opportunity. Company facilities and campuses are tobacco-free environments.

At Jackson, our employees are empowered to bring a fresh perspective, confront new challenges, and define their own career paths. We value the unique perspectives and innovative ideas that come from our employees' diverse backgrounds.

Jackson is the marketing name for Jackson National Life Insurance Company (Home Office: Lansing, Michigan) and Jackson National Life Insurance Company of New York (Home Office: Purchase, New York). Jackson National Asset Management, LLC (JNAM) located in Chicago, Illinois, is an SEC-registered investment adviser and Jackson subsidiary.

Annuities are distributed by Jackson National Life Distributors LLC, Member FINRA.

Jackson companies offer an outstanding benefits package including competitive pay, bonuses, comprehensive health insurance benefits, a matching 401(k) retirement plan, adoption assistance, education matching gift program and dependent tuition program. Online applications requested. Contact human.resources@jackson.com for alternate formats for accommodation.

To learn more about Jackson's financial strength and results, visit jackson.com (https://www.jackson.com/our-company/financials/landing.xhtml) .