Aquarian is a diversified global holding company with a strategic portfolio of insurance and asset management solutions.
After launching in 2017, Aquarian finalized its first investment in 2018. Since then, Aquarian has grown to over $19.5B in assets under management. Aquarian Insurance acquires and operates companies providing retirement income and reinsurance solutions for millions of people. Aquarian Investments deploys capital into opportunities that yield attractive risk-adjusted returns with downside protection for its clients.
Aquarian's approach combines a wide and holistic view of the investment landscape with incisive decision-making and deep investing acumen. The company invests across the capital structure and creates tailored financing solutions that enable high-quality companies to grow and evolve.
The Asset Liability Manager (ALM) will be responsible for developing, implementing, and managing strategies to optimize the alignment of assets and liabilities within the Aquarian Insurance Holdings division of Aquarian Holdings. This role involves analyzing the company's financial positions, designing strategies to mitigate risk from interest rate fluctuations, liquidity constraints, and other market variables. The ALM will collaborate closely with investment management, actuarial, finance, and risk management teams to ensure effective management of the balance sheet.
Specific responsibilities of the role include:
- Develop and execute asset-liability management strategies to optimize risk-adjusted returns while ensuring that the asset portfolio adequately supports liabilities from insurance contracts.
- Monitor and manage interest rate risks, liquidity risks, currency risks, and duration gaps between assets and liabilities.
- Assist in the management of capital and solvency requirements, ensuring compliance with regulatory requirements (e.g., US Statutory, GAAP, NAIC guidelines, Bermuda, IFRS 17) and internal risk management policies.
- Perform scenario testing, stress testing, and sensitivity analysis to assess the potential impact of various financial and economic conditions on the company's balance sheet.
- Build and maintain financial models for ALM purposes, including cash flow forecasting, duration matching, and economic capital models.
- Work closely with the investment team to recommend portfolio adjustments that align with liability-driven objectives and market conditions.
- Prepare detailed reports for senior management and stakeholders on ALM activities, risk exposures, and the performance of asset-liability strategies.
- Ensure compliance with relevant regulatory frameworks and reporting requirements related to asset and liability management for the insurance division.
- Utilize advanced analytical tools and techniques to track the performance of assets against liabilities and adjust strategies as needed to optimize the balance sheet.
- Support Aquarian Business Development projects
Desired coursework & experience:
- Bachelor's degree in Finance, Economics, Actuarial Science, or a related field; Master's degree or CFA/FRM designation preferred.
- 5+ years of experience in asset-liability management, investment risk management, or a related field within the insurance or financial services sector.
- Strong proficiency in financial modeling, risk analytics, and scenario analysis; advanced Excel skills, and familiarity with ALM software (e.g., QRM, Bloomberg, etc.).
- In-depth understanding of insurance company balance sheets, investment strategies, actuarial principles, and regulatory requirements (e.g., Solvency II, IFRS, GAAP).
- Excellent verbal and written communication skills with the ability to explain complex financial concepts to stakeholders.
- Strong analytical and problem-solving skills, with the ability to make data-driven decisions and provide actionable insights.