AVP, Quantitative Risk Analyst

AFLAC, INCORPORATED.; New York (NY); Hybrid; USD 80,000 - 175,000; Full time

Job summary

Join a forward-thinking company as part of a dynamic team focused on investment risk management. In this role, you will collaborate with experts to develop and validate risk models, ensuring robust risk assessment and compliance. Your analytical skills will be crucial in supporting investment strategies that maximize returns while preserving capital. This position offers an exciting opportunity to influence key investment decisions within a globally recognized firm. With a hybrid work environment, you will enjoy flexibility while contributing to meaningful projects that impact the financial landscape.

Benefits

Medical Coverage

Dental Coverage

Vision Coverage

401(k) Plans

Generous Paid Time Off

Flexible Spending Accounts

Paid Holidays

Qualifications

• 6+ years in financial services risk management, preferably life insurance.
• Strong model development experience in C#, Python, and VBA.

Responsibilities

• Collaborate on risk analyses to ensure compliance with risk appetites.
• Validate and calibrate models to support implementation.

Skills

Programming in C#

Python Programming

VBA Programming

Analytical Skills

Critical Thinking

Communication Skills

Education

Master’s Degree in Financial Engineering

Master’s Degree in Mathematical Finance

Master’s Degree in Mathematics

Tools

Risk Management Models

Statistical Analysis Tools

Job description

Aflac Asset Management, LLC, (d.b.a. Aflac Global Investments or GI) is a wholly owned subsidiary of Aflac, Incorporated (Aflac). GI is headquartered in New York’s financial district at 100 Wall Street and is responsible for the overall investment activities of Aflac and its subsidiaries in Japan, the U.S., and Bermuda. With ~150 employees globally, GI manages an investment strategy focused on maximizing long-term returns with a focus on preservation of capital. GI is responsible for generating approximately $3.5 billion of annual investment income from Aflac’s general accounts from a mix of public and private assets across multiple geographies and currencies.

Please note: Aflac Global Investments' hybrid working environment requires a minimum of 3 days in the office each week.

POSITION SUMMARY

Working as a member of Aflac Global Investments (GI) and the Global Investments Risk Management (GIRM) team, participate in the delivery of second line risk management and associated analytics for investment and investment-related activities in Aflac’s subsidiary, Aflac Asset Management LLC (AAMLLC). Collaborate on the development, implementation, and validation of the division’s investment risk and capital models. Support the enhancement of the investment risk framework to ensure robust identification, assessment, measurement, and monitoring of key risks.

KEY RELATIONSHIPS

Role Reports to: Vice President, Investment Risk

Primary Relationships: GIRM team members, Quantitative Analytic Solutions team, GI information technology, GI business leaders and staff, ERM, and business partners including accounting, tax, legal, actuarial, and treasury.

OVERALL RESPONSIBILITIES

1. Collaborate with GIRM team members to perform second line comprehensive risk analyses across investment risks to ensure compliance with the firm’s risk appetites, tolerances, and investment risk limits.
2. Work closely with the Quantitative Analytic Solutions team to validate and calibrate models to support implementation.
3. Provide documentation and validation of models and calibration techniques.
4. Collaborate with GIRM’s technologists to ensure models are efficient and robust as deployed into production.
5. Provide support for Market and Credit risk analysis.
6. Participate in the production and presentation of oral and written analyses and concepts, including management recommendations, to senior management.

CANDIDATE QUALIFICATIONS

1. 6+ years of relevant work experience in financial services risk management (preferably life insurance), either in industry or as a consultant.
2. Master’s Degree in Financial Engineering, Mathematical Finance, Mathematics, or a related major is desirable.
3. CFA, FRM, Actuarial credentials, or similar investment risk management credentials a plus.
4. Strong model development experience in programming languages such as C#, Python, and VBA is a must.
5. Experience modeling public and private fixed income asset classes, public and private equity, derivatives, and alternatives is desirable.
6. Knowledge of statistics and its application to the financial services industry.
7. Life insurance actuarial modeling and implementation experience is a plus, as is familiarity with life insurance company financial statements.
8. Strong analytical and critical thinking skills are a must.
9. Strong verbal and written communication skills.
10. Highly organized with the ability to work on multiple projects with different deadlines.
11. Team player.

The range on this position is: $80,000 to $175,000.

This compensation range is specific to the job level and takes into account the wide range of factors that are considered in making compensation decisions including, but not limited to: education, experience, licensure, certifications, geographic location, and internal equity. The range has been created in good faith based on information known to Aflac at the time of the posting. Compensation decisions are dependent on the circumstances of each case. This salary range does not include any potential incentive pay or benefits, however, such information will be provided separately when appropriate.

In addition to the base salary, we offer an array of benefits to meet your needs including medical, dental, and vision coverage, prescription drug coverage, health care flexible spending, dependent care flexible spending, Aflac supplemental policies, 401(k) plans, and generous paid time off. You’ll also be granted time off for designated paid holidays and other leaves of absence, if eligible, when needed to support your physical, financial, and emotional well-being. Aflac complies with all applicable leave laws, including, but not limited to sick, adoption, and parental leave, in all states and localities.

We will consider for employment all qualified applicants, including those with a criminal history, in a manner consistent with the requirements of all applicable federal, state, and local laws, including the Los Angeles Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act. Applicants with criminal histories are encouraged to apply.

Nearest Major Market: Manhattan
Nearest Secondary Market: New York City