AVP, Quantitative & Hedging Strategy @Fidelity & Guaranty Life Insurance Company

[Hiring] AVP, Quantitative & Hedging Strategy @Fidelity & Guaranty Life Insurance Company

Mar 28, 2025 - Fidelity & Guaranty Life Insurance Company is hiring a remote AVP, Quantitative & Hedging Strategy. 💸 Salary: unspecified. 📍Location: USA.

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Role Description

The AVP, Quantitative & Hedging Strategy is responsible for owning and leading the development and enhancement of advanced quantitative models to assess risk in the derivatives portfolio and guide F&G’s derivatives trading activities.

Collaborate closely with the VP, Hedging Strategy, the Director, Quantitative Analytics, and other Traders and Quantitative Analysts.
Design and implement asset and liability hedging strategies, modelling capabilities, and other analytical competences aligned with the company's strategic objectives.
Lead and manage efforts to enhance the in-house derivative valuation system in collaboration with the Quantitative Analytics team and IT.
Report directly to the VP, Hedging Strategy, and work collaboratively with senior stakeholders across various departments.

Duties and Responsibilities

General Hedging Program Leadership
- Partner with the VP, Hedging Strategy in defining the risk strategy for the derivatives portfolio.
- Own advanced valuation models, risk analytics, and decision-support tools for derivatives trading.
- Lead macro trade strategy ideation designed to manage ALM, earnings, capital, and market volatility.
- Oversee systems and processes related to derivative portfolio analytics.
- Drive initiatives to enhance system performance and ensure accuracy of derivative models.
- Quickly learn the proprietary, in-house valuation system.
- Collaborate with IT and other analysts to ensure system alignment with future business needs.
Model Development and Analysis
- Lead the research and development of complex derivative pricing methodologies.
- Take ownership of derivative pricing models using advanced frameworks.
- Oversee model validation and performance testing.
- Provide leadership in supporting actuarial teams with detailed analytics.
- Propose hedging strategies for various annuity products.
- Monitor and compare model valuations daily.
Derivative Valuation System Ownership
- Lead the ongoing development and maintenance of the custom derivatives valuation system.
- Design and extend the system infrastructure for future model developments.
- Drive improvements in code efficiency and deliver innovative solutions.
- Generate ad-hoc reports using SQL and other data tools.
- Oversee the development and automation of key processes.
Additional Responsibilities
- Take ownership of strategic initiatives in partnership with various departments.
- Lead responses to regulatory and internal risk management requirements.
- Propose strategic trades leveraging strong business acumen.
- Demonstrate an ownership mentality while working with IT and stakeholders.
- Prioritize and manage multiple complex tasks and projects.

Qualifications

Bachelor’s degree in Computer Science, Finance, Economics, Statistics, Engineering, Mathematics, or a related field.
Master's degree in Mathematical Finance or a similar discipline preferred.
10+ years of advanced programming experience, including VBA, MATLAB, Python, C#, or Java.
Extensive experience with relational database systems (e.g., SQL Server, MS Access).
10+ years of experience in derivatives modeling, risk analysis, and application development.
CFA/FRM/CQF designations preferred.
Life and annuity business experience required.

Knowledge, Skills, and Abilities

Advanced understanding of capital markets, mathematical finance, economics, and accounting principles.
Ability to learn the proprietary system and lead initiatives to enhance its architecture.
Deep expertise in general account and liability hedging strategies.
Advanced programming skills for developing and refining risk and valuation models.
Advanced expertise in derivatives math and portfolio risk measurement techniques.
Strong life and annuity business acumen.
Proven track record of designing proprietary valuation systems.
Excellent interpersonal, written, and oral communication skills.
Ability to work independently and prioritize tasks efficiently.
Proficient knowledge of software for investment analysis and portfolio management.
Working knowledge of Excel, Access, SQL.
Familiarity with actuarial concepts and experience with FIA and IUL product lines desired.

Other Requirements

Perform other functions, duties, and projects as assigned.
Regular and punctual attendance.
Some travel may be required (less than 10%).

Work Environments

F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid, and remote work arrangements.

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📍	Be aware of the location restriction for this remote position: USA
‼	Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more.

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AVP, Quantitative & Hedging Strategy @Fidelity & Guaranty Life Insurance Company

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Salary 💸 unspecified	Remote Location USA
Job Type unspecified	Posted Mar 28, 2025

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📍	Be aware of the location restriction for this remote position: USA
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[Hiring] AVP, Quantitative & Hedging Strategy @Fidelity & Guaranty Life Insurance Company

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