AVP, Quantitative Risk Analyst

About the role

We are seeking an experienced Quantitative Risk Analyst to join our team. This role is hybrid, requiring 60% in-office presence at an Aflac office in New York, NY, with the remainder of the work week from home within the continental US.

Responsibilities

• Works with GIRM team members to advance the development of the company’s risk analysis system, leading the technical development and/or maintenance of the investment risk system production environment.
• Leads efforts to automate the data flow, calculation, and production of regular investment risk reports for senior management and business partners.
• Provides quantitative support and business insight to senior management for different investment and risk management decisions, through analyses of financial impacts due to exposures in market risk, credit risk, etc.
• Works closely with front office teams for different types of asset classes portfolio monitoring, including credit, derivatives, and alternative assets, and performs relevant risk analysis.
• Collaborates with GIRM team members to perform second line comprehensive risk analyses across investment risks to ensure compliance with the firm’s risk appetites, tolerances, and investment risk limits.
• Works closely with the Quantitative Analytic Solutions team to validate and calibrate models to support implementation.
• Provides documentation and validation of models and calibration techniques.
• Collaborates with GIRM’s technologists to ensure models are efficient and robust as deployed into production.
• Provides support for market and credit risk analysis.
• Participates in the production and presentation of oral and written analyses and concepts, including management recommendations, to senior management; assists in the preparation of management and committee reports.

Requirements

Knowledge of statistics and its application to the financial services industry.

Familiarity with life insurance company financial statements preferred.

Strong analytical and critical thinking skills.

Strong verbal and written communication skills.

Hightly organized with the ability to work on multiple projects with different deadlines.

Team player.

Qualifications

• Bachelor's degree in Financial Engineering, Mathematical Finance, Mathematics or a related major
• 5+ years of relevant work experience in financial services risk management (preferably life insurance), either in industry, or as a consultant.
• Strong model development experience in programming languages such as C#, Python, and VBA required.

Preferred Qualifications

• Master's degree in Financial Engineering, Mathematical Finance, Mathematics or a related major
• Certification in CFA, FRM, Actuarial credentials or similar investment risk management credentials preferred
• Experience modeling public and private fixed income asset classes, public and private equity, derivatives and alternatives is preferred.
• Life insurance actuarial modeling and implementation experience is preferred.

Skills

• Knowledge of statistics and its application to the financial services industry.
• Familiarity with life insurance company financial statements preferred.
• Strong analytical and critical thinking skills.
• Strong verbal and written communication skills.
• Hightly organized with the ability to work on multiple projects with different deadlines.
• Team player.

Benefits

• Total Rewards: Salary range $140,000 to $185,000, with additional benefits including medical, dental, vision, prescription drug, health care flexible spending, dependent care flexible spending, Aflac supplemental policies, 401(k) plans, annual bonuses, and stock options.
• Paid holidays, PTO, and state-mandated sick leave.

Pay

The salary range for this job is $140,000 to $185,000. This range is specific to the job and salary offers consider a wide range of factors that are considered in making compensation decisions, including, but not limited to: education, experience, licensure, certifications, geographic location, and peer compensation.

Schedule

This role is hybrid, requiring 60% in-office presence at an Aflac office in New York, NY, with the remainder of the work week from home within the continental US.