Head of Variable Annuity Risk Management Hedge Reporting recruitment

Responsibilities:

• Responsible for the variable annuity hedge program’s performance reporting and analysis, and management of the hedging program’s operations

• Articulate hedge program’s objectives, processes, and performance to external parties

• Continually improve reporting, and attribution methodology

• Identify opportunities to reduce reconciliation issues, Improve and streamline production processes, and Maintain Policy and Procedure documents

• Act as an Audit Coordinator, Assist in testing, and documentation of models, Make changes to models for research purposes

• Understand the detailed assumptions and limitations of the models, Participate in model input validations, new products discussions

• Assist in the department’s effort to create a centralized depositories of historical market, hedge assets, assumptions, and hedge performance information

• Interact with a variety of professionals, including actuaries, financial engineers, programmers, IT professionals, accountants and auditors;

• Partner with other areas on the Company to enhance annuities product analysis and risk management

• Provide ad-hoc support for IT projects, pricing, GAAP audit, hedging strategies, and corporate Enterprise Risk Management

Requirements:

• 7+ years’ prior investment, market risk, quantitative and/or research experience required.

• Knowledgeable of risk mitigation associated with changes in the equity markets, interest rates, and market volatility.

• Strong understanding of annuity hedging strategies

• Full understanding of sources of breakage affecting hedge program performance; able to investigate and resolve abnormal results       

• Knowledge of relational database, SQL. Programming experience with C++, MATLAB, and SAS a plus

• Excellent oral and written communication skills; Clear, concise writer

• Quantitative Bachelors/Masters. FSA. CFA, PRM or CQF desirable

For immediate consideration, please forward resume and contact details to: info@ashtonlanegroup.com

Ashton Lane Group is a boutique executive recruitment firm serving the Banking, Insurance, and Alternative Investment sectors. For the latest opportunities, visit www.AshtonLaneGroup.com

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