Jobs · Analyst · Missouri

Structured Quantitative Analyst I

Reinsurance Group of America, Incorporated · Chesterfield, MO · 1 mo ago
On-siteAnalyst$78k–$111k/yrFull-time
We need to output HTML fragment with sections: headings

for sections like About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Only include sections that have real specific content. We need to parse the posting. The posting includes: - Intro: "You desire impactful work. You’re RGA ready ..." This is about the organization, maybe "About the role" or "About RGA". We can treat as "About the role" or "About the company". The instruction: use

for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). So we can have "About the role" heading. - Then "A Brief Overview Supports the analysis of RGA's MBS, ABS, and CMBS portfolios through the creation and enhancement of quantitative models..." This is description of role; could be part of About the role or Responsibilities. We'll treat as part of About the role. - Then "What You Will Do" list of duties: many bullet-like sentences separated by semicolons. We need to convert to
  • . So we need a Responsibilities section with list items. - Then "Qualifications" heading appears in the text: "Qualifications Bachelor’s Degree...". So we need a Qualifications section with list items. - Then "What you can expect from RGA" includes benefits: "Gain valuable knowledge... Enjoy a respectful... Join the bright... We’re excited...". Also later: "Compensation Range $78,080.00 - $110,860.00 Annual Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits." Thus we have Pay (compensation range) and Benefits (health, retirement, etc). Also maybe Skills? The qualifications include skills like Python, Excel, etc. Could be a Skills section. But we already have Qualifications covering education and experience; we could split skills into Skills section. However instruction: Prefer a few substantive sections over many thin ones. We could combine qualifications and skills into one Qualifications section, but we already have Qualifications heading present. The posting includes "Qualifications" as a heading; we should keep that. The skills are listed within Qualifications (e.g., Intermediate skills in Python, Excel, Database Management, and SQL Query. required). So we can keep them as part of Qualifications list. We also have "What you can expect from RGA" which is more about culture and benefits; we could treat as Benefits section. Also we have Compensation Range => Pay section. We should not include Schedule (no info). So we omit Schedule. We need to remove boilerplate: EEO, AI description, etc. Remove lines about AI, equal opportunity, etc. Also remove "To create a modern and seamless experience..." etc. Also remove "RGA is an equal opportunity employer..." etc. Also remove "Qualified applicants will be considered..." etc. Also remove "Your RGA recruiter will work closely..." etc. Also remove "Compensation Range ..."? Actually we need to keep compensation range as Pay section. But we need to remove the sentence "Annual Base pay varies depending on job-related knowledge, skills, experience and market location." That's part of Pay description; we can keep it as part of Pay section. Also "In addition, RGA provides an annual bonus plan..." and "RGA also maintains a full range of health, retirement, and other employee benefits." Those are benefits. We need to preserve all substantive information; do not invent or summarize away detail. So we need to keep the exact compensation range numbers, the bonus plan, long-term equity incentive plan, health, retirement, other employee benefits. We need to format as HTML fragment only. Let's extract sections: About the role: includes first paragraph(s) up to "A Brief Overview". Actually the intro: "You desire impactful work. You’re RGA ready RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 200 Company and listed among its World’s Most Admired Companies, we’re the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all. A Brief Overview Supports the analysis of RGA's MBS, ABS, and CMBS portfolios through the creation and enhancement of quantitative models that are both grown organically and received from third parties, while also developing and improving upon reporting tools. Conducts analysis of the aggregate portfolio of these asset classes for cash flows, interest rate risk positioning, credit risk positioning, and all other security analysis work with the use of quantitative models and other reporting tools." We can combine into a couple paragraphs. Responsibilities: "What You Will Do" list. Let's parse each duty separated by semicolons or periods. The text: "Support the structured product group build new and maintain existing quantitative models that facilitate in the decision making process of a purchase or sale; assist in facilitating needs of other departments inside and outside of Investments when the structured product group is called upon; stay up-to-date on all third party modeling and tool enhancements and communicate updates with the group; support deal flow and administrative tasks involved with private transactions that the structured product group manages.Gather data and intelligence to support in the creation or enhancement of structured security models and reporting from sources such as sales and trading staff at Wall Street firms, Bloomberg news and messages, selective research and other emails from Wall Street brokers and analysts. Communicate these findings with the structured product group and how it will affect the relative value analysis on structured securities.Maintain documentation required for deals and sectors that allows the team to analyze the collateral and structure, facilitating in the decision making process.Work with Operations and the Middle Office on assets that need cashflows to be loaded versus using a third-party model such as BlackRock Anser engine provides.Demonstrate the ability to provide credit and relative value analysis of potential portfolio purchases and provide ongoing monitoring of credit trends for existing portfolio holdings of non-government guaranteed structured securities.Track spreads of all sectors and sub-sectors of the structured products market including RMBS, CMBS, ABS and CDOs/CLOs.Support the Traders and Middle Office in reviewing and challenging prices of securities in the different portfolios documenting the reasons for challenges according to accounting standards.Use available systems and tools (Bloomberg, BlackRock Aladdin, etc) to facilitate in quantitative analysis and report building." We need to split into sensible list items. Could break at each semicolon and period that starts a new sentence. Let's produce items: - Support the structured product group build new and maintain existing quantitative models that facilitate in the decision making process of a purchase or sale. - Assist in facilitating needs of other departments inside and outside of Investments when the structured product group is called upon. - Stay up-to-date on all third party modeling and tool enhancements and communicate updates with the group. - Support deal flow and administrative tasks involved with private transactions that the structured product group manages. - Gather data and intelligence to support in the creation or enhancement of structured security models and reporting from sources such as sales and trading staff at Wall Street firms, Bloomberg news and messages, selective research and other emails from Wall Street brokers and analysts. - Communicate these findings with the structured product group and how it will affect the relative value analysis on structured securities. - Maintain documentation required for deals and sectors that allows the team to analyze the collateral and structure, facilitating in the decision making process. - Work with Operations and the Middle Office on assets that need cashflows to be loaded versus using a third-party model such as BlackRock Anser engine provides. - Demonstrate the ability to provide credit and relative value analysis of potential portfolio purchases and provide ongoing monitoring of credit trends for existing portfolio holdings of non-government guaranteed structured securities. - Track spreads of all sectors and sub-sectors of the structured products market including RMBS, CMBS, ABS and CDOs/CLOs. - Support the Traders and Middle Office in reviewing and challenging prices of securities in the different portfolios documenting the reasons for challenges according to accounting standards. - Use available systems and tools (Bloomberg, BlackRock Aladdin, etc) to facilitate in quantitative analysis and report building. That seems fine. Qualifications: list each requirement. Text after "Qualifications": "Bachelor’s Degree in Arts/Sciences (BA/BS) in Math, Statistics, Economics, Risk Management, or Finance related field requiredMBA, MS Finance, or related postgraduate degree preferredIntermediate skills in Python, Excel, Database Management, and SQL Query. requiredBasic knowledge and understanding of quantitative factors, tools, and modeling techniques. requiredIntermediate oral and written skills to be able to clearly and concisely communicate research and ideas. requiredBasic knowledge and understanding of asset/liability management in an insurance context. requiredBasic skills in portfolio analysis and fixed income analytics (i.e. sector weightings, portfolio duration, performance attribution, convexity, and term structure of interest rates) requiredBasic knowledge of investment management systems, including trade order management, fixed income analytics and compliance. requiredBasic skills in portfolio and security-level analysis system tools. requiredIntermediate ability to make timely and effective decisions and produce results through strategic planning and the implementation and evaluation of programs and policies. requiredIntermediate ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines. requiredAdvanced skills in managing multiple tasks, projects and/or sub-teams simultaneously, including the ability to handle changing priorities. requiredAdvanced project management skills. Demonstrates ability to evaluate project objectives and scope feasibility, gain understanding, schedule resources, and manage budget to plan. requiredBasic knowledge of investment accounting requiredCFA, FRM, or PRM accreditation or progress toward preferred" We need to split into items, each ending with "required" or "preferred". Let's parse: - Bachelor’s Degree in Arts/Sciences (BA/BS) in Math, Statistics, Economics, Risk Management, or Finance related field required - MBA, MS Finance, or related postgraduate degree preferred - Intermediate skills in Python, Excel, Database Management, and SQL Query. required - Basic knowledge and understanding of quantitative factors, tools, and modeling techniques. required - Intermediate oral and written skills to be able to clearly and concisely communicate research and ideas. required - Basic knowledge and understanding of asset/liability management in an insurance context. required - Basic skills in portfolio analysis and fixed income analytics (i.e. sector weightings, portfolio duration, performance attribution, convexity, and term structure of interest rates) required - Basic knowledge of investment management systems, including trade order management, fixed income analytics and compliance. required - Basic skills in portfolio and security-level analysis system tools. required - Intermediate ability to make timely and effective decisions and produce results through strategic planning and the implementation and evaluation of programs and policies. required - Intermediate ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines. required - Advanced skills in managing multiple tasks, projects and/or sub-teams simultaneously, including the ability to handle changing priorities. required - Advanced project management skills. Demonstrates ability to evaluate project objectives and scope feasibility, gain understanding, schedule resources, and manage budget to plan. required - Basic knowledge of investment accounting required - CFA, FRM, or PRM accreditation or progress toward preferred Note some have duplicate "required" after period; we keep as is. Now Benefits / Pay sections. Compensation Range: "Compensation Range $78,080.00 - $110,860.00 Annual Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits." We need Pay section: include the compensation range and base pay variation. Benefits section: include annual bonus plan, long-term equity incentive plan, full range of health, retirement, and other employee benefits

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