Venerable is currently working in a Hybrid Work Model, in the office 3 days/week and remote 2 days/week. This role is based in our West Chester, PA office.
- Please note that this position is not eligible for visa sponsorship at this time.
- Identifies and communicates insights into P&L drivers through in-depth knowledge of derivative instruments, underlying fund performance, positions and interactions with portfolio managers
- Design, develop, and implement solutions to migrate Excel data and processes into database formats (e.g., SQL, Access, cloud databases)
- Create dashboards and reporting tools that draw from centralized databases, enhancing data accessibility and accuracy.
- Researches investment style of funds to manage/reduce fund to hedge basket performance slippage (i.e. fund basis)
- Build quantitative/analytical tools to support portfolio management and/or hedge strategy development and/or risk reporting by leveraging financial engineering, capital markets, and product knowledge
- Participate in various quantitative projects as needed to help support overall Hedging/Risk teams goals and objectives
- Maintains procedures and process-level documentation on various aspects of the hedge reporting functions
- Minimum of 3-5 years of progressive, related professional experience in the insurance or broader financial services industry
- Proven experience automating Excel tasks using VBA, macros, and scripting languages.
- Strong knowledge of database design, data modeling, and integration techniques.
- Experience should be inclusive of exposure to equity and rate derivative instruments.
- Superior quantitative/analytic reasoning and problem-solving abilities and strong computer programming experience in VBA, Python, Matlab, C++ …etc
- Bachelor’s degree in Financial Mathematics (or related field); strong preference toward advanced degree (Master’s or PhD in a Quantitative field)
- Advanced knowledge of Financial Mathematics with solid understanding of Derivative Pricing Theory, and their applications
- Ability to work under pressure and in a fast-paced work environment
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.
About the company
Company website•Insurance
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.