Tech Expert Risk – Model Development

Corebridge Financial • Los Angeles, CA

1d • $95,000 - $134,000 • Onsite

About The Position

We need a talented quantitative risk analyst with strong programming skills to join our team. This analyst will work with the MRM Modelling Team and will be responsible for creating and maintaining code for both assets and liabilities. Maintain, build and extend economic models for multiple product lines like: FIA, RILA, FA, and VA including riders like living benefits and death benefits. These annuity products are complex exotic options that require sophisticated math, finance and computer science skills to correctly model. Build systems to generate analytics and systems that aggregate analytics from internal systems in support of hedging portfolios of these policies. Risk management is on a daily cycle so automation in many aspects of process is required. Our ideal candidate will have experience in a financial engineering capacity however we are open to candidates with no financial experience.

Requirements

• 2+ years of relevant experience.
• Detail and process oriented.
• Programming experience in Python/C#/Java and SQL a plus
• Familiarity with quantitative financial risk concepts, derivatives, hedging techniques a plus
• Experience supporting and working with cross-functional teams in a dynamic environment.
• Strong written and verbal communication skills.
• Self-starter
• Strong academic record in a subject(s) with a strong computational emphasis (e.g. computer science, engineering, applied math, computational science, etc.); bachelor’s degree required; master’s degree a plus.

Responsibilities

• Develop, design, and maintain the in-house risk analytics platform
• Update the platform to support new/updated insurance products
• Document model and systems implementations and create unit/regression tests
• Provide production support to Operations/IT team
• Provide ad-hoc analysis to support testing, auditor, and stakeholder queries

Benefits

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level