The Chief Investment Office (CIO) at Prudential needs significant analytical resources to support business plans involving new business and reinsurance activities within Lotus Re and Gib Re, requiring effective portfolio management and asset sourcing planning.
Requirements
- Proficient in Python with practical experience.
- Possess a strong understanding of derivative pricing theory, with a keen interest in applying theoretical knowledge in real-world scenarios.
- Hold an advanced degree in financial engineering, mathematics, computer science, statistics, or related quantitative disciplines.
- Candidates with a Bachelor's degree and substantial work experience will also be considered.
Responsibilities
- developing analytical tools and delivering quantitative analysis to support Prudential’s asset-liability management and capital markets solutions in a dynamic environment.
- Serve as a quantitative developer, initially focusing on the implementation of pricing tools for derivatives (equity, rate, credit, and FX), risk analytics, and profit and loss attribution methodologies as directed by senior team members.
- Collaborate directly with the Trade Desk to assess, discuss, and craft models/tools that aid daily trading and hedging operations.
- Contribute to organization-wide projects, such as financial derivative forecasting and/or simulation scenarios.
- research and development of Asset, Liability and ALM models that supports both General Account and hedging portfolio.
- review and construction of asset allocation strategies, including hedging strategies on various product lines.
- providing quantitative support on broad strategic initiatives on pricing, hedging and valuation of capital market sensitive insurance guarantees.
Other
- The Employee Work Arrangement (EWA) for this role is hybrid, with three days per week in the office.
- H1-B sponsorship is available for this role.
- The salary range for this role is from $95,000 to $115,000.
