Associate Quantitative Analyst at Venerable

This newly added Associate Quantitative Analyst role will have accountability for supporting one or more functions in oversight of VA hedge programs, design and develop tools and/or processes to report P&L and attribution with focus on fund basis/tracking error.Principle Responsibilities:

Identifies and communicates insights into P&L drivers through in-depth knowledge of derivative instruments, underlying fund performance, positions and interactions with portfolio managers
Researches investment style of funds to manage/reduce fund to hedge basket performance slippage (i.e. fund basis)
Prepares recurring and ad-hoc presentation decks to management on fund basis results
Researches new techniques and build tools to help analyze complex problems related to risk, hedging derivatives and to support special projects
Build quantitative/analytical tools to support portfolio management and/or hedge strategy development and/or risk reporting by leveraging financial engineering, capital markets, and product knowledge
Participate in various quantitative projects as needed to help support overall Hedging/Risk teams goals & objectives
Maintains procedures and process-level documentation on various aspects of the hedge reporting functions

Required Qualifications:

Minimum of 0 - 2 years of progressive related work experience within the insurance or broader financial services industry.
Experience should be inclusive of exposure to equity and rate derivative instruments.
Superior quantitative/analytic reasoning and problem-solving abilities and strong computer programming experience in VBA, Python, Matlab, C++ …etc
Bachelor’s degree in Financial Mathematics (or related field); strong preference toward advanced degree (Master’s or PhD in a Quantitative field)
Advanced knowledge of Financial Mathematics with solid understanding of Derivative Pricing Theory, and their applications

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Venerable Values:

Every position at Venerable has responsibility for living out the company's values as described here:

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.

Life at Venerable

Founded in 2018, Venerable is the legacy annuity business of Voya Financial, Inc. Created by an investor group led by affiliates of Apollo Global Management, LLC, Crestview Partners and Reverence Capital Partners. Venerable is a private company and an emerging business with well-established, strategic investors, experienced in successfully building and growing insurance businesses with patient, long-term capital. Venerable is based in West Chester, Pennsylvania and Des Moines, Iowa.