Derivatives Strategist

1 week ago


Montpelier, Vermont, United States National Life Group Full time

Summary

National Life Group is seeking a highly skilled Derivatives Strategist to join our Hedging team. As a key member of our team, you will play a pivotal role in executing our hedging strategy across all asset classes, ensuring the financial security of the company.

Responsibilities

  • Develop and execute timely and accurate derivative transactions (options, futures, rates, and CDS) to implement the hedging program effectively.
  • Employ derivative strategies to achieve NLG's goals and objectives, fostering financial stability and growth.
  • Proactively recommend innovative execution strategies to enhance the firm's financial performance.
  • Develop, implement, and refine market risk management (hedging) strategies, tools, and controls, safeguarding the company's financial position.
  • Ensure trade specifications are precise and instruments are accurately reflected in the hedging system, maintaining data integrity.
  • Utilize derivatives trading platforms to execute trades that hedge equity market exposure within our insurance products.
  • Foster real-time market awareness among the investment team, aligning market opportunities with portfolio objectives.
  • Manage relationships with public and private sell-side counterparties, representing NLG's interests and securing optimal access to trading desks.
  • Collaborate with the team to maintain a framework for informed risk exposure and assessment.
  • Monitor credit, liquidity, and market risks to support risk management and balance sheet valuation activities.

The Ideal Candidate

We are looking for a highly motivated and experienced professional with a strong background in derivatives and risk management. The ideal candidate will have:

Direct experience developing and executing derivative strategies that address the unique nature of the assets and liabilities of an insurance company.5+ years of experience in a hedging, market risk, quantitative analytics, or a related field.Proficient in Excel/VBA, SQL, Python, Tableau, and Bloomberg.An in-depth knowledge of capital markets, derivatives modeling, and valuation techniques.Required: Bachelor's degree in finance, mathematics, economics, computer science, or a related quantitative field.Preferred: Master's degree (or foreign equivalent) in quantitative / mathematical finance, statistics, economics, computer science, engineering, or a related field.Experience in an insurance company a strong plus but not required.Data analytics and/or programming experience is helpful but not required.Experience with relative value.

Cultural Fit

We are a dynamic and collaborative team that values innovation, integrity, and teamwork. If you are a results-driven professional with a passion for risk management and derivatives, we encourage you to apply.

What We Offer

National Life Group offers a competitive total rewards package, including a 401(k) retirement plan match, medical, dental, and vision insurance, a company-funded wellness account, 10 paid holidays, a generous paid time off plan, 6 weeks of paid parental leave, and 6 weeks of paid family leave after a year of full-time employment.

How to Apply

National Life Group is an equal opportunity employer and welcomes applications from diverse candidates. Please submit your application through our website.


  • Derivatives Strategist

    3 months ago


    Montpelier, United States National Life Group Full time

    Summary & Responsibilities NLG Capital seeks a Derivatives Strategist to join our Hedging team. You will play a pivotal role in executing our hedging strategy across all asset classes, ensuring the financial security of the company. Oversee and execute timely and accurate derivative transactions (options, futures, rates, and CDS) to implement the...