Capital Modeling Analyst (Galveston, TX or Remote) at American National (Houston, TX)

| Houston, TX
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American National is an established, stable, and successful multi-line insurance corporation that has provided financial strength and a sense of security to employees, customers and business partners since 1905. We've been recognized by Forbes as one of America's most trustworthy financial companies and best mid-sized employers. With focus on our organization's values and cultural richness: Financial Strength, Integrity, Respect, Service and Teamwork (FIRST) and Agility, Collaboration, and Engagement (ACE) we continue to pursue our vision to be a leading provider of financial products and services for current and future generations.

What's in it for you?

American National supports a comfortable, diverse, and inclusive work environment, following a casual dress code and focus on healthy work-life balance. We understand that comprehensive benefits are important which is why we offer a generous package that includes: medical, dental, vision, short and long-term disability, life insurance, flexible spending accounts, matching 401(k), paid time off, paid holidays, tuition reimbursement, health-wellness initiatives, and a volunteer program where employees are provided PTO for giving their time to a charity of choice, and referral bonuses! We also offer a comprehensive wellness program that includes onsite fitness centers and classes or discounted gym memberships, free health screenings, free flu shots, and more.

Job Posting

American National is seeking a Capital Modeling Analyst for our Galveston, TX location. Remote option is also available. This position is responsible for several American National capital management activities, including but not limited to, rating agency model development, capital planning, evaluation of strategic investments and ad-hoc decision support. The position will also be responsible for serving in a supporting role to the Chief Risk Officer related to Internal Capital Model evaluation and analysis, stress testing, capital optimization, capital allocation and regulatory reporting. Additionally, the position will challenge and develop economic capital models and risk management processes and procedures consistent with the company's risk management framework.

Responsibilities

  • Develop forecasts and proforma capital models; performing market research and preparing board of directors and senior management presentations as it relates to capital.
  • Preparation of annual capital plan and regular capital assessments aligned to business plans and management's strategic objectives.
  • Develop, implement and maintain rating agency capital models for S&P and Fitch.
  • Develop a corporate model that reflects statutory risk-based capital forecasting and evaluation
  • Support activities lead by the Chief Risk Officer related to other capital models, to include the Internal Capital Model (ICM) and AM Best.
  • Integration of capital models within planning, forecasting and target setting, and determining excess capital for the company as it relates to assigned rating agency and statutory RBC models.
  • Provide primary leadership for improvements and maintenance of the S&P, Fitch and corporate RBC models based upon internal team observations as well as ongoing feedback from internal stakeholders.
  • Assist in the production of the 'Owned Risk and Solvency Assessment' report (ORSA).
  • Assist the CRO, CFO and Actuary leaders to ensure the development of guardrails to the business teams with respect to capital adequacy and profitability requirements.
  • Function as a subject matter expert for different capital regimes used by the company for different purposes - Stat, GAAP, Rating Agencies and Economic.
  • Develop a perspective on key industry trends as it relates to capital and ROE, and how they impact the company.
  • Participate in the analysis of organic and inorganic growth strategies from a capital evaluation perspective.
  • Involvement in the execution of capital planning, financial feasibility, and investment appraisal engagements.
  • Lead the effort surrounding forecasting of future capital impacts and/or the impact of changes in assumptions and communicate with internal stakeholders.
  • Support the American National ERM program by providing analysis and insight on risk drivers.
  • Interact with company executives, rating agencies, regulators, investors and other external stakeholders
  • Manage complex transactions or processes with multiple stakeholders


Qualifications:

  • Bachelor's degree.
  • Six to eight years of experience.
  • Additional Qualifications:
    • Strong capital and financial modeling skills developed through relevant experience in an insurance regulated environment
    • MS PowerPoint and MS Word skills in developing quality presentations and reports
    • Advanced knowledge of MS Excel
    • Team player able to work effectively in a team environment
    • Ability to take initiative, multi-task, and work effectively under pressure
    • Demonstrated professionalism in handling confidential and sensitive information
    • Demonstrated enthusiasm, high motivation, and passion to develop fast in a multinational working environment
    • The ability to thrive in picking up new skills and talents; natural curiosity, critical thinking, and the confidence to speak up when something could be improved
    • Demonstrated leadership and strong verbal and written communication skills


Preferences:
  • Undergraduate degree required; Finance or business major preferred
  • Enterprise risk management and actuarial experience in a regulated insurance company
  • Exposure to life insurance regulatory capital modeling and other capital regimes
  • Knowledge and experience on life and annuity regulations, valuation, and accounting.
  • An interest in programmatic approaches and capital modeling tools
  • Professional designation of CPA or CFA preferred
  • Experience in a finance function where responsibilities included budgeting, forecasting, variance analysis, financial modeling, and cash management.
  • Understanding of financial statements
  • Experience in Finance, Treasury, Risk Management, life insurance actuarial or a related field, preferably within the insurance industry with demonstrated knowledge in rating agency capital models, risk-based capital models (RBC)


Additional Information

Salary for this position can range from $ 94,638 for candidates who are minimally qualified through $141,957 for more highly qualified candidates. Candidates outside of the range are encouraged to apply, and will be considered based on experience, skill and education.

Disclaimer

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

Hiring Practices

The preceding job posting was designed to indicate the general nature and level of work performed by employees assigned to this position. It is not intended to be interpreted as a comprehensive list of all duties, responsibilities, and qualifications.

American National's recruitment policies help us place individuals in a timely and efficient manner. Only the most qualified candidates will be contacted by our recruiting team. Candidates may check the status of their application(s) by logging into our Career Portal .

Learn more about our company, by following us on social media: LinkedIn , Facebook , Instagram , Twitter: @CareerswithAN

American National is an equal opportunity employer , committed to enhancing a diverse and inclusive environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
More Information on American National
American National operates in the Insurance industry. The company is located in Galveston, TX, League City, TX, Springfield, MO and Glenmont, NY. American National was founded in 2022. It has 4265 total employees. To see all 24 open jobs at American National, click here.
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