Director, Quantitative Risk - Reinsurance Group of America, Incorporated : Job Details

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 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.

Overview

The Director, Quantitative Risk is an emerging leader.

The successful candidate can operate fully independently to produce solutions related to hedging insurance assets/liabilities, creating economic scenarios (Real World and/or Risk Neutral), and completing in-depth quantitative analysis of capital markets. This position combines technical strength with the ability to guide, teach, and lead other team members to success.

Key Responsibilities

• One or both of the following:

  • Lead or direct a small team of analysts, including setting goals and priorities, assessing and reviewing analysts' work, developing talent, and managing performance.

  • Provide thought leadership related to generating scenarios, hedging insurance assets or liabilities, and/or developing the models used to do so.

• Take ownership of processes that could include:

  • Creating and running Risk-Neutral models used by Pricing, Valuation, and Finance.

  • Creating and running Real-World scenarios for risk analysis throughout the organization.

  • Creating and running hedging programs for VA, FIA, inflation-linked, and/or other liabilities.

  • Creating and running custom quantitative solutions for corporate partners.

• Describe solutions, processes, and/or results to senior management, internal risk committees, corporate partners, and/or external audit.

• Participate in key unit and ad hoc department projects, as needed.

Candidate Requisites

Education & Experience

Must fully meet at least one of the following:

• A Bachelor's degree in Finance, Economics, or related field AND 7+ years of experience with quantitative capital markets analyses, economic scenario generation and/or hedging.

• A Master's degree in Finance, Economics, or related field AND 5+ years of experience with quantitative capital markets analyses, economic scenario generation and/or hedging.

• ASA and/or CFA designation AND 5+ years of experience with quantitative capital markets analyses, economic scenario generation and/or hedging.

Skills & Abilities

• Expert investigative, analytical, and problem-solving skills.

• Advanced background in econometrics, statistics, math, computer sciences, and/or computational finance.

• Basic Word and advanced Excel skills.

• Advanced optimization and debugging of NUMERIX, MATLAB and/or VBA code.

• Excellent oral and written communication skills, demonstrates the ability to guide/teach.

• Can successfully handle multiple competing priorities, deadlines, and deliverables.

• Highly adaptable; comfortable working in a changing environment.

• Ability to work both independently and within a team environment.

Preferred:

• Familiarity with database applications (e.g., Access, Oracle, SQL or equivalent).

• Familiarity with statistical programs (e.g., SAS, MATLAB, Gauss, R).

• Familiarity with a computing language (e.g., C/C++).

• Familiarity with Bloomberg API.

• Working knowledge of Hull-White model, LIBOR Market Model, Heston Stochastic Volatility, and Intensity credit models.

• In-depth understanding of VA and/or FIA insurance products, including rider guarantees commonly offered in the market, especially as related to hedging activities.

• Understanding of inflation indexed features of Pension liabilities.

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.

Compensation Range:

$104,350.00 - $155,350.00 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.

RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.