Actuarial/Quantitative Analyst

Equitable • New York, NY

83d • $100,000 - $140,000

About The Position

At Equitable, our power is in our people. We're individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential? We are seeking a creative, highly motivated and detail-oriented Actuarial/Quantitative Analyst to join the Actuarial Hedging team. The ideal candidate will have a strong background in financial engineering, programming or actuarial science. In this role, you will lead the GMxB annuity liability valuation and reporting, support the design, develop and testing of hedge models and strategies, and collaborate across various functional teams in the organization.

Requirements

• Bachelor's degree in a quantitative field such as Mathematics, Actuarial Science, Statistics, Computer Science, Engineering, or Physics.

Nice To Haves

• Master's degree in a quantitative field.
• Fellow of the Society of Actuaries (FSA) designation.
• Hands-on experience in insurance industry, specifically with Hedging and/or Variable Annuity products.
• Coding experience in C/C++, Python, MATLAB or similar programming language.

Responsibilities

• Leads efforts in actuarial hedging and liability valuation using actuarial software and reporting tools.
• Drives continuous improvement in processes and tools.
• Monitors P&L attribution and performance measurement and hedge effectiveness.
• Assists in the design, development, and testing of hedge strategies aimed at optimizing P&L of hedged guarantees utilizing standard and exotic capital markets instruments.
• Assists in the development, testing and implementation of actuarial hedging models.
• Develops documentation for analysis, reporting, internal control and external auditing purposes.
• Collaborates across various functional teams in the Finance organization.
• Work with internal controls and external auditors/regulators.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• 401(k) plan
• Paid time off

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree