Full-Time

Managing Director

Insurance

Confirmed live in the last 24 hours

The Voleon Group

The Voleon Group

51-200 employees

Investment management using machine learning algorithms

Quantitative Finance
Financial Services

Compensation Overview

$200k - $300kAnnually

+ Bonus

Expert

No H1B Sponsorship

Berkeley, CA, USA

Hybrid work is available with required travel to Berkeley, CA as requested.

Category
Insurance
Finance & Banking
Required Skills
Market Research

You match the following The Voleon Group's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Strong entrepreneurial skills and mindset, proven ability to innovate and create new business opportunities
  • 10+ years in insurance, private equity, consulting, or other strategic and entrepreneurial roles with some direct experience in the insurance industry
  • Proven track record of building and launching successful products and business lines in insurance
  • Strong leadership skills
Responsibilities
  • Build a new business line dedicated to insurance, including development of business models, revenue streams, and a go-to-market strategy. Ensure compliance with industry regulations and best practices
  • Drive the development of internal products tailored to the insurance sector's unique needs. Collaborate with our Research, Engineering, Legal, Compliance and Finance teams to take products from conceptualization to launch. Develop and execute a comprehensive product strategy that leverages our capabilities to create innovative solutions
  • Conduct in-depth market research to inform product development and identify opportunities, and potential risks within the insurance industry that can inform our market strategy
  • Source and cultivate strategic partnerships in the insurance industry. Understand specific requirements, collaborate on bespoke solutions, and forge relationships. Be familiar with the M&A landscape
  • Initially the role will work with teams across the organization. As the strategy development progresses, grow and lead a dedicated team for the business line

Voleon focuses on investment management by utilizing machine learning to analyze financial market trends. The firm uses advanced statistical models to process large datasets and identify patterns that inform investment decisions, contrasting with traditional methods that rely on human intuition. Serving institutional clients like pension funds, Voleon's proprietary algorithms are scalable and adaptable to market changes, generating revenue through performance-based fees. With a strong emphasis on academic research, Voleon's team is composed of experts in statistics and computer science, ensuring a data-driven approach to financial prediction.

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Berkeley, California

Founded

2007

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased interest in ESG investing aligns with Voleon's data-driven approach.
  • Alternative data sources enhance predictive models for quantitative hedge funds like Voleon.
  • Cloud computing adoption enables Voleon to scale machine learning models efficiently.

What critics are saying

  • Competition from other quantitative hedge funds may erode Voleon's market share.
  • Technological advancements require costly updates to Voleon's proprietary algorithms.
  • Regulatory scrutiny on machine learning in finance could impose new compliance costs.

What makes The Voleon Group unique

  • Voleon uses machine learning to predict financial market trends, unlike traditional strategies.
  • The firm serves institutional clients, focusing on scalability and risk management.
  • Voleon's academic approach emphasizes intellectual rigor and continuous learning.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Paid Vacation

Paid Sick Leave

401(k) Retirement Plan

401(k) Company Match

Company News

MarketBeat
Feb 16th, 2025
AvePoint, Inc. (NASDAQ:AVPT) Short Interest Update

Voleon Capital Management LP acquired a new stake in AvePoint in the fourth quarter valued at approximately $367,000.

Stanford University
May 19th, 2024
Belle Battistoni Earns Pac-12 Women's Rowing Scholar-Athlete of the Year Award

Post graduation, Battistoni will join the Voleon Group as an Operation Associate.