Sr. Director, Insurance Portfolio Management

Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures.

Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard. We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good.

Be good. Make good. About Us NLG Capital, the investment management company of NLG, manages approximately $40+ billion in AUM.

Our purpose is simple – to allow NLG to keep its promises. How we do this – an obsessive focus on delivering investment results. We drive results through a rigorous but collaborative investment process, and we hold ourselves to the highest of standards, both as investors and teammates.

While our process is based on rigor, our culture is based on our guiding principles: Meritocracy, Uncompromising Transparency, Intellectual Honesty, Performance Driven Learning, Relentless Pursuit of Excellence. These principles serve as the foundation of our team. They govern the way we conduct ourselves, how we interact with teammates and how we approach every investment decision.

We act with the integrity and humility required to make the investment decision that is right for the firm, and ultimately our policyholders. Our culture has been deliberately built to foster curiosity and provide opportunities to learn and grow, both as people and investors. The flat and collaborative nature of our team promotes an atmosphere where the best ideas are continually expressed and rewarded.

Our pursuit of excellence is unwavering. Please note that we do not offer visa sponsorship for this position.

Requirements

, and capital constraints. This role monitors asset allocation including fixed income and alternative investments, liquidity management, and asset-liability matching strategies to support the company’s long-term financial stability. Specifically, the role will manage underlying portfolio exposure for life and annuity product lines including Index Universal Life, Fixed Index Annuities and the operating leverage program.

The position requires strong knowledge of insurance balance sheets, regulatory frameworks, and institutional portfolio management principles.

Key Responsibilities

Portfolio Management Asset Allocation Manage fixed income, equity, and alternative investments in line with risk appetite. Optimize portfolio duration and credit quality to align with insurance liabilities. Monitor portfolio performance against benchmarks and internal targets.

Asset-Liability Management (ALM) Collaborate with actuarial teams to ensure asset-liability matching. Conduct duration exposure analysis to actively manage to targets. Support capital efficiency initiatives and surplus optimization.

Risk Management Compliance Monitor market, credit, liquidity, and concentration risks. Ensure compliance with insurance regulatory investment guidelines. Performance Monitoring Reporting Present asset class reviews to investment committee.

Present analysis on yield, spread movements, total return, and risk metrics. Track key metrics such as yield-to-maturity, duration, convexity, and capital charges.

Qualifications

Education Bachelor’s degree in Finance, Economics, Mathematics, or related field. MBA or Master’s degree preferred. CFA charterholder (from CFA Institute) strongly preferred.