Associate Analyst, Financial Planning & Analysis - Capital Management

Please note that we do not offer visa sponsorship for this position.

Role Summary

The Associate Analyst, Capital Management supports capital forecasting, regulatory capital reporting, and capital analysis activities for National Life Group. This role is responsible for running and maintaining capital forecasting models, validating quarterly capital results, preparing analysis and presentation materials, and supporting scenario and sensitivity work used to evaluate current and future capital positions.

The ideal candidate is analytical, detail-oriented, and comfortable working in a fast-paced finance environment with changing priorities and some ambiguity. This individual should be able to meet reporting deadlines, collaborate effectively with internal partners, and apply sound judgment when reviewing model outputs, capital impacts, and related financial analysis.

This position currently offers an onsite work schedule, with the expectation that you will be in the office four (4) days per week during onsite core days. Our current onsite core days are Monday, Tuesday, Wednesday, and Thursday. The work schedule type and core days are subject to change with advance notification and manager discretion.

Essential Duties and Responsibilities

• Run the Capital Forecasting Model on a quarterly and as-needed basis, including model population, error checking, translating results, and preparing presentation materials.
• Improve capital model efficiency and reporting capabilities on an ongoing basis.
• Document capital management processes and procedures.
• Assist in the preparation of quarterly RBC and S&P capital results, including validating results and developing waterfalls.
• Help develop quarter-end and year-end roll-forward forecasts of NLIC, LSW, and S&P AAA and AA capital levels based on known factors.
• Perform impact analysis of proposed capital charge changes for RBC and S&P models.
• Assist Risk Management in developing ORSA sensitivities and scenarios on an annual basis.
• Complete the Group Capital Calculation and file with the NAIC on an annual basis.
• Work with internal partners to accurately capture RBC and S&P capital impacts of proposed capital strategies, including reinsurance, non-admitted assets, and block sales.
• Provide support for capital management, board, and IRC meetings.
• Perform ad hoc analysis as requested to determine impacts on current and future capital positions.
• All other duties as assigned.

Minimum Qualifications

• Bachelor’s degree in Finance, Actuarial Studies, or a similar quantitative field.
• 3 or more years of related experience in finance, actuarial, capital management, risk management, or a similar analytical field.
• Strong analytical skills with the ability to work in a fast-paced finance environment.
• Ability to adapt to a changing environment and work through ambiguity.
• Ability to meet deadlines for recurring reporting and analysis.
• Proficiency in Microsoft Office, including advanced use of Excel and working knowledge of Word.
• Ability to collaborate effectively with others.

Preferred Qualifications

• Experience with capital forecasting, RBC, S&P capital models, ORSA, or Group Capital Calculation processes.
• Experience preparing financial analysis, model outputs, or presentation materials for management or governance meetings.
• Experience working with insurance, financial services, risk management, or actuarial teams.
• Strong process documentation and model improvement skills.

AI Proficiency Expectations

At National Life Group, we view AI as an enabler of human potential. We use AI to help us work smarter, serve more clients, and keep our promises, while remaining a relationship-driven business where our people are our greatest strength.

All applicants are expected to:

• Leverage approved AI tools, where appropriate, to improve the efficiency, quality, and impact of their work.
• Stay curious and open to new AI-enabled ways of working.
• Exercise sound judgment by reviewing and validating AI-generated content.
• Maintain accountability for the accuracy, quality, fairness, and integrity of work products by adhering to National Life’s AI guiding principles.
• Use AI responsibly and in accordance with company policies related to confidentiality, data privacy, security, compliance, retention and intellectual property.

Benefits

• Your benefits start day one and are flexible and customizable to your and your family’s specific needs. Check out the BENEFITS of a Career at National Life!