Senior Quant Strategist (12-Month FTC)

Pension Insurance Corporation plc; London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading company in the pension sector is seeking a Talent Acquisition Manager to enhance their asset and liability management strategies. The role involves developing quantitative models, improving pricing strategies, and collaborating with various teams to optimize performance and ensure positive policyholder outcomes. The ideal candidate will have a strong background in financial modeling and a degree in a quantitative discipline.

Benefits

Competitive salary

Performance bonus

Private medical insurance

28 days' annual leave

Study support

Pension scheme

Qualifications

• Proven experience in delivering complex modeling and analytical tasks.
• Experience in a fast-paced investment environment.

Responsibilities

• Design, enhance, and maintain advanced quantitative models.
• Lead improvements in bulk annuity pricing and implementation optimization models.
• Collaborate with the ALM and wider investment teams.

Skills

Financial Modeling

Analytical Skills

Collaboration

Education

Degree in a quantitative discipline

Tools

SQL

Job description

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Direct message the job poster from Pension Insurance Corporation plc

Talent Acquisition Manager - Specialist Hires and Projects at Pension Insurance Corporation

Pension Insurance Corporation ("PIC") provides secure retirement incomes through comprehensive risk management, asset and liability management excellence, and exceptional customer service. Our purpose is to pay pensions for current and future policyholders. We achieve this by setting strategic objectives and fostering a culture rooted in our PIC Values: Resilient, Adaptable, and Loyal.

• The role requires effective collaboration with Investments and partner teams across the firm to secure buy-in and implement improvements to systems, processes, and technology.
• Apply knowledge of Asset Liability Management of the Investment Portfolio and its impact on policyholders.
• Deliver strong business outcomes related to capital, profitability, the Company brand, and market reputation, while ensuring positive policyholder outcomes.
• Reflect our company values in every role's delivery and performance.

Role purpose of Senior Quant Strategist within the ALM Team:

The ALM team is central to PIC's business, generating value through asset and liability management. It aims to optimize PIC's investment strategy aligned with the firm's risk appetite. The Quant Strategist develops, maintains, and enhances key quantitative models, including hedging infrastructure and portfolio optimization tools. The team comprises professionals from diverse investment backgrounds, and the Quant Strategist will develop and improve these models, working closely with other ALM teams to manage risks, drive transactions, and identify market opportunities.

Accountabilities:

• Design, enhance, and maintain advanced quantitative models supporting PIC's balance sheet management, ensuring accuracy and robustness.
• Lead improvements in bulk annuity pricing and implementation optimization models to support efficient portfolio construction and maximize performance.
• Own key modeling initiatives, working independently and guiding junior team members in developing tools and methodologies for portfolio construction, asset selection, and risk monitoring.
• Collaborate with the ALM and wider investment teams to contribute to strategic analysis and identify opportunities for improving balance sheet metrics and portfolio outcomes.
• Contribute to developing the new quant platform by delivering modules and functions for stress testing and scenario analysis.
• Commit to continuous learning and development in technical and non-technical skills across the Investment Team.
• Stay informed on industry trends, market developments, regulatory changes, and best practices related to SII by attending seminars, reading, and sharing relevant articles.

Requirements:

Knowledge:

• Good understanding of fixed income products, derivatives, and LDI strategies.
• Strong financial modeling skills, especially in derivative modeling like LPI.
• Solid understanding of Defined Benefit pension schemes and Solvency II.
• Familiarity with API usage, SQL, and modeling infrastructure integration.

Experience:

• Proven experience in delivering complex modeling and analytical tasks with clear business impact.
• Experience in a fast-paced investment environment, translating insights into decisions under tight deadlines.
• Degree in a quantitative discipline (mathematics, physics, engineering); advanced qualifications (PhD, FIA, CFA) are advantageous but not essential.

Benefits:

Competitive salary, performance bonus, private medical insurance, 28 days' annual leave, study support, pension scheme, and more.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Research, Analyst, and Information Technology