Quantitative Strategy Associate – Equity Risk Management recruitment
Responsibilities:
• Assist in the analysis of risk minimization multi-strategy hedging frameworks for a variable annuity portfolio.
• Critique and enhance various systems utilized in analyzing market risks inherent in variable and equity- indexed annuities.
• Research and evaluation effectiveness of hedging strategies across a wide range of fixed income, equity, and credit derivative products
• Develop a thorough understanding of equity risk management, including proficiency in risk management and pricing of exotic equity derivatives (baskets, cliquets, etc)
• Keep current on capital markets and assess the impact on the hedging program of developing trends.
• Partner with other areas of the company to enhance variable and equity-indexed annuities product analysis and risk management.
Requirements:
• 1-3 years derivatives structuring, strategy and/or financial engineering experience required.
• Understanding of the risk and volatility associated with its living benefits caused by changes in the equity markets, interest rates, and market volatility
• Experience with actuarial valuation and/or product development for variable annuities
• High proficiency in MS Excel and VBA required. Programming experience with SAS and C++ a plus.
• Actuarial exam progress preferred. ASA preferred. CFA, PRM or CQF also desirable.
• Masters degree in financial engineering, operations research, quantitative finance mathematics, actuarial science, computer science required
For immediate consideration, please forward resume and contact details to: info@ashtonlanegroup.com
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