Job summary
Job post source
This job is directly from Venerable
Job overview
The Quantitative Analyst role at Venerable supports derivative portfolio managers by managing functions related to hedging capital market risk exposures, contributing to risk management and performance improvement.
Responsibilities and impact
The role involves quantifying and monitoring risk exposures, analyzing hedge program performance, preparing reports and presentations, researching new analytical techniques, collaborating across teams, and maintaining documentation on hedge reporting functions.
Experience and skills
Candidates need 1-3 years of experience in derivative trading strategies or risk reporting, strong knowledge of equity and rate derivatives, proficiency in Python and Excel/VBA, strong quantitative skills, and a bachelor's degree in Financial Mathematics or related field, with preference for advanced degrees.
Work environment and culture
Venerable values courage, curiosity, and connectedness, encouraging critical thinking, creative solutions, learning from failures, and strong connections within the company and community.
Company overview
Venerable is a company specializing in the management of legacy variable annuity business, focusing on risk management and capital efficiency. The company generates revenue by acquiring and managing closed blocks of variable annuity policies, optimizing their performance through sophisticated risk management strategies. Established in 2018, Venerable emerged from a strategic transaction involving Voya Financial, acquiring its closed block of variable annuities. This move positioned Venerable as a significant player in the insurance industry, with a strong emphasis on financial stability and policyholder protection.
How to land this job
Position your resume to highlight your experience with derivative trading strategies, risk reporting, and your ability to explain key drivers of P&L, aligning with Venerable's focus on managing hedge programs and market risk exposures.
Emphasize your strong programming skills in Python and Excel/VBA, your quantitative reasoning, and your knowledge of equity and rate derivatives, as these are critical for this role.
Apply through multiple platforms including Venerable's corporate careers page and LinkedIn to maximize your application visibility.
Connect with professionals in Venerable’s risk management or quantitative analysis teams on LinkedIn; start conversations by referencing recent company growth or asking about innovative risk management techniques they use.
Optimize your resume for ATS by including keywords such as 'derivative trading strategies,' 'risk exposures,' 'Python programming,' 'financial mathematics,' and 'hedge program performance' directly from the job description.
Leverage Jennie Johnson’s Power Apply feature to automate tailored applications, identify multiple application channels, and discover LinkedIn connections to network with, allowing you to focus your energy on preparing for interviews and refining your skills.
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