Plotly Dash Skills: Knowledge of source control (Git/Github) and visualization tools (Plotly/Dash).
Company: Aflac
Title: Associate, Quantitative Analyst
Category: Full Time
Location: New York City, NY, USA (Hybrid)
Experience: Minimum of 3 years of direct quantitative or financial experience
Application: Link to apply
About Our Company
Aflac Global Investments located in downtown financial district located at 100 Wall Street, corner of Water Street and is the organization responsible for the overall investment activities of Aflac, Inc. With approximately 150 employees in US (New York) and Japan (Tokyo); Aflac’s Global Investments organization seeks to maximize risk-adjusted returns subject to our liability profile and capital requirements and generates in excess of $3.0 billion a year in net investment income. Aflac Global Investments is a wholly owned subsidiary of Aflac, Inc. As of December 31, 2021, Aflac assets were $149.8 billion with revenues totaling $22.3 billion.
Position Summary
Working as a member of Aflac Global Investments (GI) and the Quantitative Analytic Solutions (QAS) team, work closely with other quantitative analysts, credit and derivatives investment teams along with other front office businesses. Collaborate on the development of quantitative analytic solutions to support the implementation of a large, primarily fixed income, investment strategy. Apply solid knowledge of mathematical finance to a growing, state-of-the-art quantitative platform focused on scenario analysis of current and potential investment strategies.
Overall Responsibilities
- Contribute to the development and calibration of models concerning:
- Hedging strategies and optimization in FX, IR, Credit, and Equities domains
- Strategic Asset Allocation with both total-return and income lenses
- Economic Scenario Generation and Portfolio Optimization
- Tactical Asset Allocation
- Support capital measurement and regulatory analytics (US and Japan focus) with potential exposure to other regulatory jurisdictions and rating agencies
- Longer-term projects associated with building out key functionality in the platform
- Tactical analysis using existing tools, with immediate impact on business decisions
- Explaining modeling methodology and model results to non-quants within the business
Candidate Qualifications
Technical Skills
- BS in mathematics, quantitative finance, physics, financial engineering, computer science or other related field; advanced degree a plus
- Minimum of 3 years of direct quantitative or financial experience working in an insurance asset manager, investment bank, asset manager, or similiar financial services firm. Additional internships are welcomed to demonstrate knowledge of quantitative applications to a growing insurance asset manager.
- Direct experience and knowledge of standard quantitative finance models (and stochastic calculus); financial meaning and economic basis of models
- Deep orientation toward probabilistic thinking; Bayesian mindset
- Experience working with fixed income asset classes, intermediate bond math, Vanilla FX/IR derivatives required, experience with private and growth assets welcomed.
- Hands-on programming experience involving large projects, implementation of quantitative models, and intuition for how to write usable, and understandable, code—Python preferred, C++, SQL or similar experience desired as well.
- Knowledge of source control (Git/Github), databases (Snowflake), visualization tools (Plotly/Dash) and Big Data / ML frameworks (Scikit-learn, Apache Spark) is a plus
Non-Technical Skills
- Takes ownership of problems and seeks to add value, not just complete assigned tasks
- Systematic thinker who acts to increase, not decrease, the organization and clarity of information
- Seeks conceptual understanding, not just technical precision
- Comfortable with explaining quantitative ideas to non-quants and strives to break-down technical ideas into intuitive, digestible bits
- Intellectual curiosity with the ability to generate and brainstorm ideas with colleagues
- Team player
Schedule: This is a hybrid role and requires a minimum of 3 days in the office each week at our NYC location
The current salary range for this job is $80,000 to $135,000