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Job Purpose

The Financial Risk Management function plays a key role in identifying, monitoring and analyzing Jackson’s risk exposures. We partner with Asset/Liability Management, Actuarial and other departments to protect Jackson’s financial strength and ensure we can deliver on promises made to policyholders and meet stakeholder expectations. The FRM function also performs in-depth reviews of significant processes and models used by Jackson to manage financial risk.

The FRM intern will have an opportunity to work on challenging and value-add projects critical to Jackson’s success. The 12-week summer internship experience will provide the candidate with a unique experience in a leading financial services company with direct exposure to senior financial risk management professionals.

Essential Responsibilities

The FRM intern will work closely with the Director, Financial Risk and other senior Risk professionals to improve Jackson’s capabilities for projecting and assessing Jackson’s capital and liquidity positions. During their internship, the FRM intern will:

• Assist in the development and testing of financial risk models
• Write and test code to value complex financial derivatives and their use in risk management
• Run models and summarize findings for consumption by senior members of the Risk function and other members of the management team
• Review and update model documentation

Other Duties

• Performs other duties and/or projects as assigned.

Knowledge, Skills and Abilities

• Strong understanding of financial mathematics and modeling concepts
• Strong quantitative, analytical, and organizational skills
• Experience with general purpose programming languages, preferably Python
• Effective interpersonal/communication skills
• Ability to manage time and competing priorities effectively
• Advanced proficiency with Microsoft Excel

Qualifications

• Undergraduate level - must have completed at least sophomore year
• Major in Finance, Mathematics, Actuarial Science or closely related field of study

Location

• Onsite in Lansing, MI.

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.

Jackson is committed to helping clarify the complexity of retirement planning. Our range of annuity products, financial know-how, history of *award-winning service, and streamlined experiences strive to reduce the confusion that complicates retirement plans.

We dedicate our time, money, and resources to strengthening financial literacy, striving to make sure every American has access to the resources they need to master their money and their future.

Interested in becoming one of our associates? We develop and celebrate talent in many areas, from sales and marketing to consulting and compliance. We know that diversity and inclusion make us all stronger together. Learn more at jackson.com/careers.

Jackson® is the marketing name for Jackson Financial Inc., Jackson National Life Insurance Company® (Home Office: Lansing, Michigan), and Jackson National Life Insurance Company of New York® (Home Office: Purchase, New York).

*SQM (Service Quality Measurement Group) Call Center Awards Program for 2004 and 2006-2022. (Criteria used for Call Center World Class FCR Certification is 80% or higher of customers getting their contact resolved on the first call to the call center (FCR) for 3 consecutive months or more.)