Who We Are
At Corebridge Financial we believe action is everything. Thats why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives for today and tomorrow.
We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:
About The Role
Market Risk Management is a multi-disciplinary financial derivatives team that applies state-of-the-art technology in performing highly dynamic work. Our mandate is to hedge one of the most complex derivatives available today: retirement benefit service of that mandate we: manage a $50 billion multi-asset hedging portfolio do research and development of new retirement products and provide modeling and analytics expertise for the business. We are part of a larger organization but cultivate the entrepreneurial spirit of a small start-up. Our work is cutting edge within the industry.
Responsibilities
Lead the daily management of derivatives book
Manage the portfolio and operations of the FIA/RILA/IUL hedging book
Aggregate and analyze risk data on both assets and liabilities
Ensure accurate and up-to-date risk reporting
Perform quantitative analysis on large scale derivatives portfolio
Advance new hedging strategies
Support new FIA/RILA product designs
Strategic capital analysis
Communicate results to external constituents including senior leadership
Interact/maintain close relationship with banks and investment community to stay abreast of new developments in capital markets space
Communicate and coordinate with staff throughout the businesses and functions on specific risk issues
Provide technical expertise to questions from internal and external sources
Financial derivatives and investment related projects as needed
Manage a team of 3 FTEs
Skills and Qualifications
Able to perform under pressure in fast paced environment where priorities can shift quickly
At least 10 years of relevant experience in the financial services industry.
Masters degree in numerate field a plus.
CFA FRM CQF or other financial mathematics designation(s) a plus
Strong programming skills with knowledge of C/VBA/Python/MATLAB preferred
Knowledge/experience includes one or more of the following:
Capital Markets (CFA Level)
Risk Management (FRM Level)
Derivatives models and valuation techniques
Advanced hedging techniques
Annuity product design/structuring
Quantitative investment strategies
Fundamentals of GAAP/statutory accounting and regulation for life insurance liabilities
User level data-base expertise. Knowledge of Access or SQL is preferred.
Personal attributes of a successful candidate would include:
Enjoy working on multidisciplinary team to solve analytically complex problems.
Detail and process oriented.
Comfortable working in a structured environment that emphasizes operational controls.
Ability to work on multiple projects often with tight deadlines.
Compensation
Corebridge also offers a range of competitive benefits as part of the total compensation package as detailed below.
Work Location
If the position is based in one of Corebridge Financials hub offices which are Houston TX Jersey City NJ. or Woodland Hills CA office the role is subject to our hybrid working policy which gives colleagues the benefits of working both in an office and remotely. However we are open to considering full remote candidates outside of these areas.
#LI-SB1#LI-SAFG #LI-Remote
This role is deemed a covered associate under SEC Rule 206(4)-5 17 CFR 275.206(4)-5 Political contributions by certain investment advisers and other federal and state pay-to-play rules. Candidates for the role must not have made any political contributions that under 17 CFR 275.206(4)-5 or other federal or state pay-to-play regulations would disqualify the candidate or Corebridge Financial from conducting Corebridge Financials business or that would otherwise create a conflict of interest for Corebridge Financial. Applicants who are selected to move forward with the application process will be required to disclose all U.S. political contributions they and their household family members have made over the past two years.Why Corebridge
At Corebridge Financial we prioritize the health well-being and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally ensuring that they have the resources and flexibility needed to thrive.
Benefit Offerings Include:
Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law governing Plan document(s) and Company policy.
We are an Equal Opportunity Employer
Corebridge Financial is committed to being an equal opportunity employer and we comply with all applicable federal state and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race color religion sex gender gender identity or expression sexual orientation national origin disability neurodivergence age veteran status or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation growth and profitability. Through a wide variety of programs and initiatives we invest in each employee seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.
Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process please send an email to . Reasonable accommodations will be determined on a case-by-case basis in accordance with applicable federal state and local law.
We will consider for employment qualified applicants with criminal histories consistent with applicable law.
Functional Area:
RK - RiskEstimated Travel Percentage (%):Relocation Provided:American General Life Insurance CompanyRequired Experience:
Director
At Corebridge Financial, formerly AIG Retirement Services, we believe everyone deserves financial security. We work hard to make it possible for people to take action in their financial lives—because action is the bridge from planning to outcomes, from today’s financial needs to tomor ... View more