Corebridge Financial is seeking a Head of Quantitative Strategy to lead the evaluation of optimal strategies for their Inforce block of business, ceded and assumed reinsurance businesses, and to manage the economics of their Inforce business through asset modeling, capital models, and hedging strategies.
Requirements
- Minimum 7+ years of experience of designing and implementing highly visible, complex, and wide-scope analytics solutions with successful conclusions
- 10+ years of experience in quantitative analysis, financial modeling, or actuarial science; able to demonstrate experience in developing quantitative strategies within the insurance or financial services sector
- Minimum 5+ years of professional experience in the advanced statistical or economics space
- Advanced knowledge of projections used for asset liability management
- Familiarity with financial theory, including modeling of capital markets, asset valuation, and the capital asset pricing model
- Knowledge and experience applying advanced analytical techniques (statistical, optimization, artificial intelligence, machine learning, etc.) and tools to solving business problems
- Programming experience in Python/SQL/C++/C-Sharp/Java.
Responsibilities
- Lead the generation of real-time analytics to support our overall strategic approach, working across Corebridge analytics’ disciplines to establish consistency and leverage capability
- Establish cross functional team focused on driving balance sheet optimization (Investments, Hedging Strategies, etc.) particularly in various asset classes
- Build a framework for the synthesis of data to further facilitate data driven decision making in partnership with the Chief Data Office and other key stakeholders
- Lead the management of the economics, ALM, liquidity, and solvency of our onshore and offshore businesses.
- Design and implement quantitative risk models and frameworks to assess and mitigate risks effectively
- Develop and provide data-driven recommendations to leadership on balance optimization, liquidity, and financial risk management for the inforce block
- Monitor market trends, regulatory shifts, and competitor strategies to recommend strategic adjustments as needed
Other
- Able to interpret and present analyses to senior leadership to facilitate decision making
- Clear and accessible communicator, influencer, and facilitator
- Knowledge and understanding on drivers of profitability within businesses
- Advanced degree or designation preferred: MFE (MS in Financial Engineering), MBA, FSA or equivalent
- Candidates for the role must not have made any political contributions that, under 17 CFR 275.206(4)-5 or other federal or state pay-to-play regulations, would disqualify the candidate or Corebridge Financial from conducting Corebridge Financial’s business, or that would otherwise create a conflict of interest for Corebridge Financial.
