What are the responsibilities and job description for the Associate Quant Analyst position at Reinsurance Group of America, Incorporated?
You desire impactful work.
You’re RGA ready
RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 500 Company and listed among its World’s Most Admired Companies, we’re the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.
A Brief Overview
The Associate Quant Analyst is part of a team that develops and delivers tools, models, research, and reporting packages that inform and accelerate portfolio construction, investment decision making, risk analysis and monitoring, and performance reporting and attribution. The Associate Quant Analyst leads/participates in efforts to build and calibrate cash flow, pricing, and various other risk models across a broad span of asset types, while focusing on assessing, monitoring, stress testing and reporting on all components of risk arising for RGA's investments.
What You Will Do
$65,050.00 - $92,400.00 Annual
Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.
RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.
You’re RGA ready
RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 500 Company and listed among its World’s Most Admired Companies, we’re the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.
A Brief Overview
The Associate Quant Analyst is part of a team that develops and delivers tools, models, research, and reporting packages that inform and accelerate portfolio construction, investment decision making, risk analysis and monitoring, and performance reporting and attribution. The Associate Quant Analyst leads/participates in efforts to build and calibrate cash flow, pricing, and various other risk models across a broad span of asset types, while focusing on assessing, monitoring, stress testing and reporting on all components of risk arising for RGA's investments.
What You Will Do
- Assist in the design, development, and maintenance of investment strategies, portfolio optimization and risk models utilizing market, position, and transaction investment data.
- Build and calibrate models that measure and stress the investment portfolios under deterministic scenarios or utilizing a stochastic economic scenario generator.
- Evaluate, develop, and implement refinements to risk models for the investment portfolio including reporting packages for management to review investment model outputs, sensitivities, and results.
- Work closely with the Investment Solutions team in the construction of portfolios for reinsurance blocks by enhancing the asset cashflow projection framework for new asset types.
- Develop models or tools for measuring relative value, risks, capital usage, and risk-adjusted return.
- Develop knowledge and expertise of the investment systems and data platform and leverage such knowledge and expertise to enhance efficiency and accuracy of our quantitative processes.
- Bachelor’s Degree in Arts/Sciences in Mathematics, Actuarial, Finance, Engineering, Physics, Chemistry, Computer Science, Financial Engineering, or related field AND 1-2 years related work experience with quantitative modeling and development within a financial services firm required OR current or former RGA internship experience required OR Master's Degree with 0 - 2 years related work experience
- Advanced programming and software design skills in at least one object orientated programming language (Python / MATLAB / C ) and experience with database technologies (SQL)
- Advanced Excel skills and experience working with Bloomberg
- Strong problem-solving abilities, intellectual curiosity, and experience understanding and solving complex issues. required
- Organized and detail oriented. High degree of comfort with large datasets
- Ability to work well in an environment with multiple concurrent projects, managing project-based workflow within demanding time frames and adapt quickly to new methods
- Work well within a team environment and participate in department/team projects
- Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
- Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
- Join the bright and creative minds of RGA, and experience vast, endless career potential.
$65,050.00 - $92,400.00 Annual
Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.
RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.
Salary : $65,050 - $92,400
