Associate/Sr. Associate - Investment Risk Analyst, Ares Insurance Solutions (AIS)

Ares Operations•Charlotte, NY

About The Position

The Ares Insurance Solutions team is seeking an experienced resource to assist in performing asset stress testing and cash flow projection analytics on a proprietary Ares insurance analytics platform for all insurance regulatory, actuarial valuation, and ALM needs. This role will also support the risk and analytics needs of the Ares Insurance Solutions team more broadly, including the maintenance and support of the analytics platform and associated data, processes, and pipelines. Additionally, the role involves supporting the testing of a comprehensive in-house analytics platform/models as required when onboarding new asset models.

Requirements

Undergraduate and/or advanced degrees in finance, mathematics, engineering and/or computer science preferred
3+ years of risk modelling and development experience within a financial services firm
3+ years of practical development experience in Python, preferably in a production environment, is essential
Basic understanding of modern financial mathematics (e.g. bond mathematics, Monte Carlo simulation in real and risk neutral environment, interest-rate modelling) are essential
An understanding of bond mathematic concepts such as duration, convexity, option-adjusted spread, z-spread, spread duration, key-rate duration, interest curve building, bootstrapping, etc. are required
SQL, Python required
Practical experience using GIT is required
Excellent problem-solving abilities, intellectual curiosity, and experience in understanding and solving complex issues
High level of integrity enabling the candidate to become a trusted partner to clients and peers

Nice To Haves

Professional designations such as CFA, FRM, etc., would be viewed favorably, but not essential
experience using Postgres, Databricks, VS Code IDE, and shell scripting languages (e.g. bash) preferable
An understanding of basic accounting, regulatory, risk management and strategic frameworks under which insurers operate, would be viewed favorably

Responsibilities

Provide asset stress testing and cash flow projection analytics on proprietary Ares insurance analytics platform for all insurance regulatory, actuarial valuation, and ALM needs
Support investment analytics and data needs for regulatory filings in various jurisdictions
Test new asset models’ projected cashflows, valuations, and risk metrics, under different deterministic and stochastic scenarios
Executing processing of big data outputs to create informative reporting for senior leadership
Test insurance-based metrics and analytics generation based on business guidance
Continue support and maintenance of the analytics platform / reoccurring regulatory deliverable processes
Compile documentation for asset models and be able to confidently explain to other business leaders and stakeholders within the insurance company
Partner with portfolio management and other team members to support AIS analytic needs as required
Build strong relationships with portfolio managers and members of other operational and quant teams across Ares and outside managers as needed to act as a key point of contact to prioritize and answer questions relating to investment data/analytics