Executive Director, Derivatives & Hedging Strategy

National Life Group; New York (NY); On-site; USD 243,750 - 357,500; Full time

Job summary

National Life Group in New York, NY, seeks a seasoned Managing Director, Derivatives & Hedging to lead the enterprise hedging program across asset classes and product types. You will architect a scalable platform, oversee risk, and collaborate with actuarial, product development, finance, and treasury teams.

The role demands deep derivatives expertise, executive leadership, and the ability to clearly communicate strategies to CIOs, boards, regulators, and rating agencies.

Qualifications

• Master’s degree in quantitative or mathematical finance, statistics, economics, computer science, engineering, or a related field.
• Minimum of fifteen (15) years of progressively senior experience in derivatives and hedging, including significant time at the executive leadership level.
• At least five (5) years of experience developing and executing derivative strategies for insurance assets and liabilities.
• Proven track record of designing, implementing, and scaling enterprise hedging programs in insurance, reinsurance, or asset management.
• Broad understanding of life and annuity products, including IUL, FIA, MYGA, and RILA, and embedded market risks.
• Demonstrated experience building and leading hedging teams across trading, analytics, systems, and portfolio management.
• Proven ability to communicate complex hedging strategies to senior executives, boards, regulators, and rating agencies.
• Track record balancing risk management with capital and collateral efficiency objectives.

Responsibilities

• Set enterprise vision and strategy for derivatives and hedging across asset classes and product types.
• Develop and refine a scalable hedging framework and oversee execution, governance, and controls.
• Lead and mentor trading, analytics, systems, and portfolio management teams.
• Communicate hedging strategy, results, and risk profile to CIO, leadership, boards, and regulators.
• Collaborate with actuarial, product development, distribution, and treasury on new products and M&A hedging needs.
• Optimize collateral posting, counterparty exposure, and capital efficiency.

Skills

Executive leadership

Derivatives & hedging

Strategic planning

Team leadership

Stakeholder communication

Education

Master’s degree in quantitative or mathematical finance

Job description

National Life Group in New York, NY, seeks a seasoned Managing Director, Derivatives & Hedging to lead the enterprise hedging program across asset classes and product types. You will architect a scalable platform, oversee risk, and collaborate with actuarial, product development, finance, and treasury teams.

The role demands deep derivatives expertise, executive leadership, and the ability to clearly communicate strategies to CIOs, boards, regulators, and rating agencies.