Associate/Sr. Associate - Investment Risk Analyst, Ares Insurance Solutions (AIS)

Ares Management Corporation; New York (NY); On-site; USD 130,000 - 175,000; Full time

Benefits offered by this job

401(k) program with company match

Healthcare (Medical/Dental/Vision)

Life Insurance

Disability Insurance

EAP

Commuter Benefits

Job summary

Ares Management Corporation is seeking an experienced professional to support the Insurance Solutions analytics platform, focusing on asset stress testing, cash flow projections, and regulatory reporting. You will work with portfolio managers and risk teams to ensure accurate analytics across multiple jurisdictions.

The role requires strong Python and SQL skills, experience in risk modelling, and familiarity with financial mathematics.

Qualifications

• Undergraduate and/or advanced degrees in finance, mathematics, engineering and/or computer science preferred
• 3+ years of risk modelling and development experience within a financial services firm
• 3+ years of practical development experience in Python, preferably in a production environment, is essential
• Professional designations such as CFA, FRM, etc., would be viewed favorably, but not essential
• Basic understanding of modern financial mathematics (e.g. bond mathematics, Monte Carlo simulation in real and risk neutral environment, interest-rate modelling) are essential
• An understanding of bond mathematic concepts such as duration, convexity, option-adjusted spread, z-spread, spread duration, key-rate duration, interest curve building, bootstrapping, etc. are required
• SQL, Python required; experience using Postgres, Databricks, VS Code IDE, and shell scripting languages (e.g. bash) preferable
• Practical experience using GIT is required
• An understanding of basic accounting, regulatory, risk management and strategic frameworks under which insurers operate, would be viewed favorably
• Excellent problem-solving abilities, intellectual curiosity, and experience in understanding and solving complex issues
• High level of integrity enabling the candidate to become a trusted partner to clients and peers

Responsibilities

• Provide asset stress testing and cash flow projection analytics on proprietary Ares insurance analytics platform for all insurance regulatory, actuarial valuation, and ALM needs
• Support investment analytics and data needs for regulatory filings in various jurisdictions
• Test new asset models’ projected cashflows, valuations, and risk metrics, under different deterministic and stochastic scenarios
• Executing processing of big data outputs to create informative reporting for senior leadership
• Test insurance-based metrics and analytics generation based on business guidance
• Continue support and maintenance of the analytics platform / reoccurring regulatory deliverable processes
• Compile documentation for asset models and be able to confidently explain to other business leaders and stakeholders within the insurance company
• Partner with portfolio management and other team members to support AIS analytic needs as required
• Build strong relationships with portfolio managers and members of other operational and quant teams across Ares and outside managers as needed to act as a key point of contact to prioritize and answer questions relating to investment data/analytics

Skills

Python

SQL

Git

PostgreSQL

Databricks

VS Code

Shell scripting

Education

Finance/Math/Engineering/CS degree

Tools

Postgres

Databricks

VS Code

Job description

Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Job Description

The Ares Insurance Solutions team is seeking an experienced resource to assist in:

Responsibilities

• Provide asset stress testing and cash flow projection analytics on proprietary Ares insurance analytics platform for all insurance regulatory, actuarial valuation, and ALM needs
• Support investment analytics and data needs for regulatory filings in various jurisdictions
• Test new asset models’ projected cashflows, valuations, and risk metrics, under different deterministic and stochastic scenarios
• Executing processing of big data outputs to create informative reporting for senior leadership
• Test insurance-based metrics and analytics generation based on business guidance
• Continue support and maintenance of the analytics platform / reoccurring regulatory deliverable processes
• Compile documentation for asset models and be able to confidently explain to other business leaders and stakeholders within the insurance company
• Partner with portfolio management and other team members to support AIS analytic needs as required
• Build strong relationships with portfolio managers and members of other operational and quant teams across Ares and outside managers as needed to act as a key point of contact to prioritize and answer questions relating to investment data/analytics

Qualifications

• Undergraduate and/or advanced degrees in finance, mathematics, engineering and/or computer science preferred
• 3+ years of risk modelling and development experience within a financial services firm
• 3+ years of practical development experience in Python, preferably in a production environment, is essential
• Professional designations such as CFA, FRM, etc., would be viewed favorably, but not essential
• Basic understanding of modern financial mathematics (e.g. bond mathematics, Monte Carlo simulation in real and risk neutral environment, interest-rate modelling) are essential
• An understanding of bond mathematic concepts such as duration, convexity, option-adjusted spread, z-spread, spread duration, key-rate duration, interest curve building, bootstrapping, etc. are required
• SQL, Python required; experience using Postgres, Databricks, VS Code IDE, and shell scripting languages (e.g. bash) preferable
• Practical experience using GIT is required
• An understanding of basic accounting, regulatory, risk management and strategic frameworks under which insurers operate, would be viewed favorably
• Excellent problem-solving abilities, intellectual curiosity, and experience in understanding and solving complex issues
• High level of integrity enabling the candidate to become a trusted partner to clients and peers
• Reporting Relationships Principal, Ares Insurance Solutions

Compensation

The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.

$130,000-175,000

The firm also offers robust Benefits offerings.

• Comprehensive Medical/Rx, Dental and Vision plans
• 401(k) program with company match
• Flexible Savings Accounts (FSA)
• Healthcare Savings Accounts (HSA) with company contribution
• Basic and Voluntary Life Insurance
• Long-Term Disability (LTD) and Short-Term Disability (STD) insurance
• Employee Assistance Program (EAP)
• Commuter Benefits plan for parking and transit

• access to a world-class medical advisory team
• a mental health app that includes coaching, therapy and psychiatry
• a mindfulness and wellbeing app
• financial wellness benefit that includes access to a financial advisor
• new parent leave
• reproductive and adoption assistance
• emergency backup care
• matching gift program
• education sponsorship program

Ares Management LLC (together with its related operating and administrative subsidiaries, “Ares Management”) is an Equal Employment Opportunity employer and considers all applicants for employment without regard to race, color, religion, ethnicity, creed, sex, age, national origin, alienage or citizenship status, disability, medical condition, pregnancy, marital status, partnership status, sexual orientation, status regarding public assistance, military or veteran status, domestic violence victim status, gender identity and expression, transgender status, genetic information, status as unemployed, political affiliation or any other characteristic protected by federal, state or local law. Ares Management will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Chance Initiative for Hiring Ordinance.

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of June 30, 2026, Ares Management's global platform had approximately $671billion of assets under management (AUM) with more than 4,400 employees operating across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.