About the position
This newly added Quantitative Analyst role will have accountability for contributing to one or more functions in oversight of VA hedge programs, designing and developing tools and/or processes to report P&L and attribution, with a focus on managed volatility funds and VIX-correlated fee analysis. Venerable is currently working in a Hybrid Work Model, in the office 3 days/week and remote 2 days/week. This role is based in our West Chester, PA office. Please note that this position is not eligible for visa sponsorship now or in the future.
Responsibilities
• Identifies and communicates insights into P&L drivers through modelling of VIX fee, managed volatility funds activity, positions and interactions with trading team.
• Builds, maintains, and automates interactive dashboards and reporting tools that draw from centralized databases, enhancing data accessibility and accuracy.
• Build quantitative/analytical tools to support hedge strategy development and/or risk reporting by leveraging financial engineering, capital markets, and product knowledge.
• Design, develop, implement and maintain attribution reports and dashboards in Datalore/PowerBI and Python.
• Participate in various quantitative projects as needed to help support overall Hedging/Risk teams goals and objectives.
• Maintains procedures and process-level documentation on various aspects of the hedge reporting functions.
Requirements
• Minimum of 1-2 years of progressive, related professional experience in the insurance or broader financial services industry.
• Bachelor’s degree in Financial Mathematics (or related field); strong preference toward advanced degree (Master’s or PhD in a Quantitative field).
• Superior quantitative/analytic reasoning and problem-solving abilities and strong computer programming and scripting experience in VBA, SQL, Python, Matlab, C++…etc...
• Advanced knowledge of Financial Mathematics with solid understanding of Derivative Pricing Theory, and their applications.
• Proven experience automating Excel tasks using macros.
• Strong knowledge of database design, data modeling, and integration techniques.
• Experience should be inclusive of exposure to equity and rate derivative instruments.
• Ability to work under pressure and in a fast-paced work environment.
Benefits
• Competitive Compensation
• Benefits
• Current Hybrid Work Schedule
• Generous PTO Package