You desire impactful work.
You’reRGA ready
RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 500 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
Lead and manage a group of quantitative and financial risk analysts in management of dynamic and static hedging programs to manage the financial market risks associated with in GFS transactions. Provide appropriate review and/or development of capital markets projections, hedging performance and other risk mitigation analysis. Provide key input on macro-economic assumption development and risk measurement, risk mitigation, investment, and financing activities. Perform managerial duties, including the development and mentoring of associates
What you will do
- Manage active risk mitigation strategies and hedge portfolio management. Help influence, develop strategy, and execute decision making around risk management.
- Direct the monitoring of hedging exposures to ensure that all of the quantifiable risks for division hedging exposures have been modeled in a reasonable, accurate, and repeatable manner and, that such risk exposures taken are disclosed to and understood by the senior management team.
- Consult on the stochastic economic scenario generator(s) including projection of: interest rates, inflation, equity indices, currency exchange rates, credit spreads, and defaults.
- Direct the development and refinement of macro-economic assumptions.
- Contribute to the refinement and expansion of capital markets risk analyses (ex’s: PBEC, MCEV models, hedging analyses) for the division, serving as project lead where appropriate.
- Provide and/or direct economic analysis for assigned capital markets related pricing activities.
- Perform management duties including, but not limited to, hiring, training, evaluating, coaching, and disciplining direct reports. Foster a positive and engaged work environment. Mentor associates and give guidance on associate development.
- Participate in key unit and ad-hoc department projects as needed (ex: scenario reduction techniques).
- Maintain regular and predictable attendance.
Qualifications
Required:
- FSA accreditation (or Home Country Equivalent) OR
- Bachelor’s degree in Finance, Mathematics, Actuarial Sciences, Statistics or equivalent experience, and 10 years broad financial services experience; OR
- Master’s degree in Finance, Economics, or related field, or equivalent experience, and 7+ years broad financial services experience
Preferred:
- Advanced graduate degree with specialization in Quantitative Finance field
- FSA, ASA, or significant insurance experience
- CFA or other asset / risk based credentials
- 2+ years of experience with hedging analysis
- 2+ years management or leadership experience
Required:
- In-depth understanding of inflation linked insurance and pension products, including a solid working knowledge of the hedge assets (RPI Swaps, HICPxT Swaps, Inflation Linked Bonds) in Europe and Australia
- Understanding of Credit derivatives (CDS) with a view to management and valuation of a portfolio tranches.
- Understanding of FIA and VA insurance products, including all rider guarantees commonly offered in the market
- Advanced PC and technical skills, including statistical programs (ex.: SAS, MATLAB, Gauss) or a computing language (C/C++), spreadsheets, and database applications (Access, Oracle, SQL or equivalent technology).
- Advanced knowledge/experience in econometrics, statistics, math, and/or computational finance
- Knowledge of economic scenario generators, stochastic processes, and capital markets, including fixed-income and equity investments, derivatives, and asset pricing techniques
- Advanced knowledge of broad business practices
- Highly advanced people management skills, demonstrating the ability to lead, mentor, and develop associates; including the ability to delegate key areas of responsibility
- Highly advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received
- Highly advanced investigative, analytical and problem solving skills
- Expert ability to balance detail with departmental goals/objectives
- Advanced skills in customer relationship management and change management
- Highly advanced ability to translate business needs and problems into viable/accepted solutions
- Highly advanced ability to manage multiple projects and/or teams simultaneously
- Highly advanced ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines
- Highly advanced persuasion and negotiation skills when working with internal/external customers
Preferred:
- Knowledge of C / C++, VBA, and SQL.
- Advanced experience with SAS, MATLAB, or Gauss.
- Experience with hedging analyses.
- Advanced expertise in computational finance, econometrics, statistics, and math.
- Experience with structured financial service contracts involving embedded options.
What you can expect from RGA:
Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
Join the bright and creative minds of RGA, and experience vast, endless career potential.
United Kingdom
