Northwestern Mutual Life Insurance Company in Milwaukee, Wisconsin seeks an Associate Quantitative Analyst III to develop economic scenarios and capital market assumptions for managing their investment portfolio, informing asset-liability analyses, and guiding client-facing financial planning and asset allocation decisions.
Requirements
- Quantitative Analysis, Statistical Analysis, Hypothesis Testing, Regression Analysis, Time Series Analysis, Machine Learning, Simulation, and Optimization
- programming in Python and MATLAB
- code version control with Git
- data analysis utilizing Excel, Pandas, and SciPy
- Data Visualization with Python
- working with databases including SQL Server, PostgreSQL, and Redshift
- ETL process
Responsibilities
- Develop economic scenarios and capital market assumptions for use in managing general account investment portfolio, informing various asset-liability analyses, and helping to inform client-facing financial planning and asset allocation decisions.
- Use Bloomberg to gather needed inputs and assumptions, and leverage database expertise to store and manage large amounts of required data in databases such as PostgreSQL.
- Perform data analysis utilizing Excel, Python, Pandas, SciPy and MATLAB to generate long-term assumptions about the performance of different financial asset classes and maintain code version control with Git.
- Develop forecasts using both Moody’s Economic Scenario Generator tool and internally developed tool for capital market assumptions.
- Maintain pricing data, curves and models used to value derivative positions, incorporating valuation models of asset classes including fixed income, equity, real estate, and derivatives.
- Perform periodic reporting and stress testing of derivative exposure.
- Develop new database solutions for archiving and reporting derivative exposures across numerous dimensions.
- Develop ETL (Extract, transform, and load) process and data visualization dashboard utilizing Python.
Other
- Telecommuting permitted 2 days per week.
- Master’s degree in finance, financial engineering, transportation engineering or a related quantitative field plus 1 year (or a Bachelor’s degree plus 5 years) of experience as a Quantitative Analyst or related occupation.
- Interested candidates send resume to apply@northwesternmutual.com. Reference code 470 in the subject line.
- Grow your career with a best-in-class company that puts our clients' interests at the center of all we do.
- Northwestern Mutual is an equal opportunity employer who welcomes and encourages diversity in the workforce.
