- Partner with teams across the organization to understand, implement, monitor and explain complex hedging and investing strategies designed to mitigate market risks deriving primarily from insurance liabilities.
- Drive strategic projects and key participant in growth initiatives, including reinsurance deals and other business acquisitions.
- Exhibit thought leadership, influence and consensus building by effectively communicating to Senior management and/or investors and managing the expectations and priorities of multiple stakeholders.
- Act as a strong advocate to adopt best practices in terms of quantitative analytics needed within the team and across other teams.
- Contribute to infrastructure development of quantitative tools to conduct research and support hedging and investing activities across the organization. Serve as an innovator on theoretical valuation methodologies and models for various financial instruments.
- Create frameworks to help teams make sound decisions under pressure in a dynamic fast paced environment.
- Manage relationships with banks and/or vendors and maintain continuous dialogue to proactively identify areas of support and partnership.
- Attract, develop, and retain quantitative and/or actuarial talent with a vision to meet current and future needs of the company.
- Bachelor’s degree in a Quantitative field, preference towards advanced degrees (Master's or PhD in a Quantitative field)
- 7+ years of progressive experience in the financial services industry with exposure to capital markets
- Expert level knowledge in a wide array of capabilities like derivatives trading, investment portfolios, risk management, derivatives modeling, strategy development & execution, technology, etc.
- Entrepreneurial spirit with the ability to seek out change, push forward abstract ideas, change focus quickly, balance multiple priorities, and see projects through to the end.
- Strong quantitative/analytic reasoning and problem-solving abilities. Understanding of how to apply numerical methods to business problems. Curve-fitting, Optimization, Root-Finding Algorithms, Interpolation, Statistics, etc.
- Ownership mindset with the ability to influence and drive change by building consensus among senior leadership for strategic decisions.
- Strong communication skills (verbal and writing) to convey complex ideas in a simple manner
- Ability to focus on "big picture" view while diving into details
- Strong computer programming experience in C#, C++, Python, Java, etc
- Understanding of insurance products and capital market liabilities embedded therein (particularly VA) would be beneficial
#LI-DP1
Venerable Values:
Every position at Venerable has responsibility for living out the company's values as described here:
We are Courageous - We think critically, ask "why?" and seek out creative solutions.
We are Curious - We take calculated risks, learn from out failures, and challenge traditional ways of thinking.
We are Connected - We are connected to each other, our customers and our community.
Please note: The use of AI tools (such as ChatGPT or similar platforms) during interviews is not permitted without the prior approval of Venerable, as the use of such tools may interfere with company confidentiality, misrepresent a candidate’s skills and experience or otherwise conflict with Venerable’s hiring policies. If you are selected for an interview and a reasonable accommodation is needed, please notify the Venerable Human Resources recruiter aligned to the open position in which you are interviewing for.
If Venerable, in its sole discretion, determines that AI is being used during an interview without prior approval, Venerable reserves the right to end the interview early and/or disqualify a candidate.
Skills Required
- Bachelor's degree in a quantitative field (advanced degree preferred)
- 7+ years progressive experience in financial services with capital markets exposure
- Expert knowledge in derivatives trading, investment portfolios, risk management, derivatives modeling, and strategy development
- Strong quantitative/analytic reasoning and numerical methods (curve-fitting, optimization, root-finding, interpolation, statistics)
- Strong computer programming experience in C#, C++, Python, Java
- Experience leading strategic projects, including reinsurance deals and business acquisitions
- Ability to communicate complex ideas clearly to senior management and investors
- Ability to attract, develop, and retain quantitative and/or actuarial talent
- Entrepreneurial mindset with ability to manage multiple priorities and drive change
- Understanding of insurance products and embedded capital market liabilities (particularly VA)
What We Do
Venerable is a privately held company with business operations based in West Chester, Pennsylvania and Des Moines, Iowa. Venerable owns and manages legacy variable annuity business acquired from other entities. Created by an investor group led by affiliates of Apollo Global Management, LLC, Crestview Partners, Reverence Capital Partners, and Athene Holdings, Ltd., Venerable is a business with well-established, strategic investors, experienced in successfully building and growing insurance businesses with patient, long-term capital. Growth through acquisition is long storied at Venerable. While we have the nimbleness and flexibility of a start-up, our beginnings are a result of a series of small business ventures by ING Group, who later evolved to Voya Financial, and which began nearly five decades ago. We are led by a highly trusted and experienced team, a significant portion of whom transitioned from Voya at the time of the transaction. With unparalleled knowledge and expertise, the organization remains primed to carry on the tradition of growth. From day one, leaders at Venerable have prioritized the employee experience by focusing on a strong culture. One where employees feel highly engaged, are encouraged to offer feedback often, are supported by a strong management structure, and can collaborate with colleagues without roadblocks. Opportunity awaits for individuals who think critically, ask why, and seek out creative solutions.
