Evaluate the embedded market risks inherent to Variable Annuity products and builds an understanding of how those risks are strategically managed through a hedge program and investment portfolio while attempting to reduce risk to a strategically acceptable level at Venerable
Requirements
- Statistics, Modeling, and Regression
- Quantitative/analytic reasoning, problem-solving abilities, and applying numerical methods to business problems
- Knowledge of systems design and development principles, database design, optimization and technologies
- Utilizing reporting tools SQL and PowerBI
- Performing data analysis utilizing Python and/or R
- Designing & developing ETL processes using tools like SSIS or Knime to extract, transform, and load data from multiple sources
- Knowledge of market consistent valuations, statistics, optimization problems, analytics and attributions
Responsibilities
- Assist in the research of theoretical valuation methodologies and models for derivatives and/or financial instruments
- Assist in the implementation of practical valuation solutions for the business to utilize
- Work toward attaining a high level of knowledge of the derivatives and/or investments contained in the company portfolio
- Utilize code libraries for market consistent valuations, statistics, solve optimization problems, analytics and attributions
- Enhance tools required to analyze strategic hedging, investment and business decisions
- Develop a strong knowledge of market parameters and their impact on the value of VA Products and financial/derivative instruments within the company portfolio
- Performs research, ad-hoc analysis and report
Other
- Master’s degree or foreign equivalent in Quantitative Finance, Data Analytics, Computer Science, or closely related field
- Must have experience or academic training with quantitative/analytic reasoning, problem-solving abilities
- We are Courageous - We think critically, ask 'why?' and seek out creative solutions
- We are Curious - We take calculated risks, learn from out failures, and challenge traditional ways of thinking
- We are Connected - We are connected to each other, our customers and our community
