Derivative Portfolio Analyst - Quant & Hedging

Venerable; Chester (Delaware County); Hybrid; USD 95,000 - 140,000; Full time

Benefits offered by this job

Hybrid work model (3 days in office)

Office in West Chester, PA

Hybrid work schedule

Job summary

Venerable is seeking a Derivative Portfolio Associate to support hedge strategies for Variable Annuity liabilities and related risk exposures. The role emphasizes strong quantitative skills, Python-based tooling, and proficiency with SQL reporting.

You will work in a hybrid model, based in West Chester, PA, with 3 days in the office and 2 remote days. The position requires expertise in derivatives pricing theory and managing portfolio risk under pressure.

Qualifications

• Master’s degree in a quantitative field is required.
• 1–3 years in derivatives, hedging or capital markets.
• Strong knowledge of derivative pricing theory and Greeks.
• Experience with SQL reporting and Python-based tools.

Responsibilities

• Monitor derivative portfolios including listed and OTC instruments and hedging strategies.
• Research new ideas and explain P&L and risk through reporting.
• Build quantitative tools and models to support hedge strategy development and risk reporting.
• Contribute to quantitative projects to support Hedging/Risk objectives.
• Monitor market trends, news and indicators impacting the portfolio.
• Conduct market research on instruments and new strategies.

Skills

Python

SQL

VBA

Quantitative reasoning

Education

Master’s degree in Financial Mathematics / Quantitative Finance

Tools

Excel

Job description

Venerable is seeking a Derivative Portfolio Associate to support hedge strategies for Variable Annuity liabilities and related risk exposures. The role emphasizes strong quantitative skills, Python-based tooling, and proficiency with SQL reporting.

You will work in a hybrid model, based in West Chester, PA, with 3 days in the office and 2 remote days. The position requires expertise in derivatives pricing theory and managing portfolio risk under pressure.