This management role will contribute to the Quantitative Research and Development functions of our Hedging, Risk Management, and Investment teams and leads the development of our propriety systems and tools to support our hedge program, investment portfolio, and overall business management. This includes trading systems, back-testing tools, valuation software, analytics, reporting, capital markets research, and various models.

Principle Responsibilities:

• Act as subject matter expert with respect to the analysis, valuation, and use of derivative positions to hedge capital market risk exposures of variable annuity liabilities and/or other risk exposures.
• Directly support our trading desk and contribute to research efforts to solve market-related challenges for the business. Develop practical solutions and tools for the trading desk to utilize.
• Assume ownership of bespoke business systems, data sets, & models for our derivatives trading desk and acts as the primary consultant for systems that bridge the business and technology domains, including our trading execution platform (“Avatar”).
• Design or enhance code libraries and tools to analyze strategic hedging, risk management, and business decisions.
• Demonstrate a strong knowledge of market parameters and their impact on the value of VA products and financial/derivative instruments within the company portfolio.
• Perform ad-hoc analysis and reporting as needed.
• Apply scalable technology to support the trading desk and overall business with the aim of enhancing efficiency of our main profit centers.
• Act as a communication liaison between the business and IT areas.
• Manage large data sets; consult on database structures, organize data, and work on database optimization, etc.
• May manage a team directly and/or coach and develop junior colleagues.
  
  

Key Qualifications:

• Bachelor’s degree in Financial Mathematics (or related field); strong preference toward advanced degree (Master’s or PhD in a Quantitative field.)
• Min of 7+ years of progressive experience in highly technical derivatives-related role while accountable for overall business results. Insurance variable-annuity experience a plus.
• Exhibits entrepreneurial spirit and actively seeks out change, pushes forward abstract ideas, and balances multiple priorities while seeing projects through to the end.
• Strong internal customer centric mindset, understands business drivers, and adapts focus as needed to deliver value.
• Deep understanding of equity and rate derivatives pricing theories, markets, dynamics, and flows as well as knowledge of fixed income investment products. Knowledge of VA product features and embedded optionality a plus.
• Ability to conceptualize/understand novel ideas and implement via concrete business solutions and infrastructure.
• Ability to translate between business needs and IT solutions.
• Ability to lead and coach junior employees.
• Computer programming experience in Python, C#, C++, VBA, etc.
• Knowledge of systems design and development principles.
• Knowledge of reporting tools, SQL, Power BI Suite, etc.
• Knowledge of AWS technologies. EC2, RDS, Lambda, S3, etc.
• Knowledge of Data Analysis utilizing either Python or R
  
  

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.