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Aflac

Supplemental health and life insurance provider

AVP – Quantitative Risk Analyst

Quantitative RiskUpdated on Nov 14
Full-timeNew York, NY, USA

About the Job

Requirements

  • Knowledge of statistics and its application to the financial services industry.
  • A bachelor's degree in Financial Engineering, Mathematical Finance, Mathematics, or a related major, or an equivalent combination of education and experience.
  • At least 5 years of relevant work experience in financial services risk management, preferably life insurance, either in industry or as a consultant.
  • Strong model development experience in C#, Python, and VBA.
  • Strong analytical and critical thinking skills.
  • Strong verbal and written communication skills.
  • Ability to work on multiple projects with different deadlines while remaining organized.

Responsibilities

  • Advance development of the company's risk analysis system with GIRM team members, including leading technical development and/or maintenance of the investment risk system production environment in Python and C#, such as its risk simulation tool, regulatory capital ratio methods, extreme tail event stress testing, and economic scenario generator.
  • Lead automation of data flow, calculation, and production of regular investment risk reports for senior management and business partners.
  • Provide quantitative support and business insight to senior management for investment and risk management decisions by analyzing financial impacts from market risk, credit risk, and other exposures.
  • Work with front office teams to monitor portfolios across asset classes, including credit, derivatives, and alternative assets, and perform relevant risk analysis.
  • Collaborate with GIRM team members on second-line comprehensive analyses across investment risks to ensure compliance with risk appetites, tolerances, and investment risk limits.
  • Work with the Quantitative Analytic Solutions team to validate and calibrate models for implementation.
  • Document and validate models and calibration techniques.
  • Collaborate with GIRM technologists to ensure models are efficient and robust when deployed into production.
  • Support market and credit risk analysis.
  • Participate in producing and presenting oral and written analyses and concepts, including management recommendations, to senior management, and assist with management and committee reports.

Desired Qualifications

  • Familiarity with life insurance company financial statements.
  • A master's degree in Financial Engineering, Mathematical Finance, Mathematics, or a related major.
  • CFA, FRM, actuarial credentials, or similar investment risk management credentials.
  • Experience modeling public and private fixed income asset classes, public and private equity, derivatives, and alternatives.
  • Life insurance actuarial modeling and implementation experience.

About the Company

Aflac

Supplemental health and life insurance provider

Aflac provides supplemental health and life insurance products to individuals and families, operating mainly in two regions: Aflac Japan and Aflac U.S. Its policies are designed to cover out-of-pocket costs from health events and income loss, including cancer, critical illness, accidents, hospital stays, and life events. These benefits are paid directly to policyholders to help manage medical expenses not fully covered by primary insurance. The products are distributed through a network of independent agents, brokers, and financial advisors, enabling a high-volume, low-premium model that supports a large, stable customer base and ongoing revenue. Japan is its largest market, and the company uses this broad distribution and scale to differentiate itself from competitors. The goal is to provide straightforward financial protection against unexpected health-related costs while expanding its presence in the U.S. and Japanese markets.

Company size
10,001+
Company stage
IPO
Headquarters
Columbus, GA
Founded
1955

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