Associate Analyst Derivative Operations

Reinsurance Group Of America; Atlanta (GA); On-site; USD 65,000 - 75,000; Full time

Job summary

Reinsurance Group of America, Incorporated (NYSE: RGA) is hiring an associate analyst for the Derivative Settlement Group in Atlanta. Responsibilities include daily validation of trades, collateral settlement, and derivative payments, with opportunities to manage projects and support teammates.

The role emphasizes independent work, collaboration, and growth in derivative instruments knowledge. Strong Excel/Word, SQL/Python, and communication skills are required.

Qualifications

• Bachelor's degree in business, accounting, finance, math, science, or equivalent working experience.
• 1–2 years related work experience in securities operations or an internship in derivative activities.
• Clear interest in deepening knowledge of derivative instruments.
• Strong communication and problem‑solving abilities.
• Ability to multitask, set goals, and work independently or in a team.
• Basic knowledge of derivative processing and ISDA documentation.
• Programming skills in SQL and/or Python or equivalent language.
• Word and Excel abilities.

Responsibilities

• Process routine day‑to‑day duties for the Derivative Settlement Group.
• Daily collateral management including trade valuation and settlement activities.
• Trade capture of all derivative activity.
• Derivative reporting and confirmation management.
• Reconciliations with dealers and accounting system.
• Interest payments on all positions and valuation monitoring.
• Weekly and monthly internal collateral reporting.
• Regulatory reporting compliance (incl. Dodd‑Frank).
• ISDA and FCM legal document management.
• Assist senior analysts and analysts.
• Maintain regular and predictable attendance.

Skills

SQL

Python

Communication skills

Teamwork

Attention to detail

Education

Bachelor's degree in business/finance or equivalent

Tools

Excel

Job description

Position Overview

Under supervision, serves as the associate analyst for the Derivative Settlement Group. This entails daily routine processing tasks including validation of new trades, settlement of collateral, and settlement of derivative payments. The associate is expected to be an independent thinker who manages their own projects and assists other teammates in their projects.

Responsibilities

• Process routine day‑to‑day duties associated with the group’s task list.
• Daily collateral management including trade valuation, interaction with external trade counterparties, and settlement activities.
• Trade capture of all derivative activity.
• Derivative reporting.
• Confirmation management.
• Reconciliations with dealers and accounting system.
• Interest payment processing on all external and internal positions.
• Monitoring reasonableness of derivative valuation.
• Weekly and monthly internal collateral reporting.
• Regulatory reporting (incl. Dodd‑Frank) compliance management.
• ISDA and FCM legal document management.
• Assist senior analysts and analysts.
• Maintain regular and predictable attendance.

Requirements

• Required:
  • Bachelor’s degree in Business Administration, Accounting, Finance, Math, Science, or equivalent working experience.
  • 1–2 years related work experience in securities operations processes, including 1+ year of global derivative processing, or
  • Internship at a Financial Services Firm dealing with derivative activities, or
  • RGA internship.
• Preferred:
  • 3+ years related work experience in securities operations processes.
  • Reinsurance or insurance industry knowledge, or Banking or Brokerage industry knowledge.
• Required:
  • Clear interest in deepening knowledge of derivative instruments.
  • Demonstrated ability to deal with complex issues and solve problems both within teams and independently.
  • Good communication skills (both written and verbal).
  • Ability to be flexible when needed, take initiative, and demonstrate accountability.
  • Ability to set goals, multitask and prioritize workload.
  • Ability to work well within a team environment and participate in departmental projects.
  • Ability to balance detail with departmental goals/objectives.
  • Ability to quickly adapt to new methods, work under tight deadlines and stressful conditions.
  • Ability to work independently.
  • Basic knowledge of derivative processing.
  • Basic knowledge of ISDA documentation.
  • Word and Excel abilities.
  • Programming skills in SQL and/or Python or equivalent language.
• Beneficial:
  • Understanding of relational databases.
  • Base knowledge of derivative pricing (discounted cash flows).
  • System knowledge of derivative trade capture system.

Company Overview

Reinsurance Group of America, Incorporated (NYSE: RGA) is one of the largest global providers of life reinsurance, with offices around the world. RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, financial solutions, facultative underwriting, and product development. Our mission is to enhance our clients’ prosperity by supporting their financial and risk management capabilities.

Compensation

General pay range: $65,000 – $75,000 base per year. Base pay varies depending on job‑related knowledge, skills, experience and market location. RGA provides an annual bonus plan that includes all roles. 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.