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 Actuary, Quantitative Model Developer/Researcher to join the Actuarial Hedging team. The ideal candidate will have a well-rounded background in financial engineering, programming, or actuarial science. In this role, you will lead the design and implementation of state of the art actuarial and quantitative models that drive our hedging program and collaborate across different functional teams in the organization.
Responsibilities include, but are not limited to:
- Design, implement and maintain hedging models for hedging operations and hedge strategy for Variable Annuity products.
- Lead the development of tools and platform enhancements to increase productivity through innovative system-building and automation.
- Utilize high-performance computing to accelerate result production and enhance model robustness.
- Create documentation for analysis, reporting, internal control and external auditing purposes.
- Contribute to improvements of hedging strategies for Variable Annuity using innovation.
- Lead initiatives aimed at derivatives/market modeling, analytical research and infrastructure/process development.
- Actively monitor P&L attribution and performance measurement and hedge effectiveness.
- Work with internal controls and external auditors/regulators; take proactive actions to mitigate operational risks.
In Office Schedule: This role will work in office 2 to 3 days per week.
The base salary range for this position is $140,0000 - $175,000. Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility.
For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below.
Equitable Pay and Benefits: Equitable Total Rewards Program
Working at
Equitable
Offers a range of financial services, including life insurance, annuities, and investment products, designed to help clients secure their financial well-being and retirement security.