Senior ALM Modelling Expert (New York)

Our client a US life insurance company has acquired the Pension Advisory Group of a major investment bank and has launched a new business initiative providing state-of-the-art Pension Risk Management/Advisory services.

We are seeking to recruit a Senior member of a small ALM/Modeling team that interacts regularly with other functions in the business. This is an ideal opportunity to work in a growing business with an entrepreneurial, innovative culture as well as making a significant impact on the business and help to shape its future

Our client A US life insurance company has acquired the Pension Advisory Group of a major investment bank and has launched a new business initiative providing state-of-the-art Pension Risk Management/Advisory services.

This new initiative is building on an existing and successful business that already has many billions of dollars of pension assets under advisory

We are seeking to recruit a Senior member of a small ALM/Modeling team that interacts regularly with other functions in the business. This is an ideal opportunity to work in a growing business with an entrepreneurial, innovative culture as well as making a significant impact on the business and help to shape its future

The role is a hands-on role that involves working closely with other members of the ALM team, Actuarial team, Tech team, Traders, Investment team and Client Coverage teams

Responsibilities:

• Taking responsibility for the development of a series of strategic risk/ALM models to meet the needs of different clients and different business lines. For example, developing models for pension plan ALM, pension liability hedge optimization, pension investment strategy, structured investments, tactical trading strategies, etc.

• Managing and actively contributing to the different aspects of model development including: (i) conceptualization of the model (ii) design of the model (iii) working with Technology and ALM teams to get it implemented (coded).

• Working with proprietary in-house ALM and risk management models and analytical tools to deliver cutting-edge analysis to clients

The role is New York City based. The ideal candidate will have 5-10 years of direct experience in ALM/risk modelling/structuring. FIA, CFA or similar qualifications would be beneficial but not essential.

For a confidential discussion please contact Sean Payne on +44 (0) 7771 665 142 or submitt your CV to sean.payne@hanoversearch.com