Associate​/Sr. Associate - Investment Risk Analyst, Ares Insurance Solutions; AIS

Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

• Perform asset stress testing and cash flow projection analytics on proprietary Ares insurance analytics platform for all insurance regulatory, actuarial valuation, and ALM needs
• Support the risk and analytics needs of the Ares Insurance Solutions team more broadly, including the maintenance and support of the above analytics platform and associated data, process and pipelines
• Support testing of comprehensive in-house analytics platform/models as required when onboarding new asset models

• Provide asset stress testing and cash flow projection analytics on proprietary Ares insurance analytics platform for all insurance regulatory, actuarial valuation, and ALM needs
• Support investment analytics and data needs for regulatory filings in various jurisdictions
• Test new asset models’ projected cashflows, valuations, and risk metrics, under different deterministic and stochastic scenarios
• Executing processing of big data outputs to create informative reporting for senior leadership
• Test insurance-based metrics and analytics generation based on business guidance
• Continue support and maintenance of the analytics platform / reoccurring regulatory deliverable processes
• Compile documentation for asset models and be able to confidently explain to other business leaders and stakeholders within the insurance company
• Partner with portfolio management and other team members to support AIS analytic needs as required
• Build strong relationships with portfolio managers and members of other operational and quant teams across Ares and outside managers as needed to act as a key point of contact to prioritize and answer questions relating to investment data/analytics

• Undergraduate and/or advanced degrees in finance, mathematics, engineering and/or computer science preferred
• 3+ years of risk modelling and development experience within a financial services firm
• 3+ years of practical development experience in Python, preferably in a production environment, is essential
• Professional designations such as CFA, FRM, etc., would be viewed favorably, but not essential
• Basic understanding of modern financial mathematics (e.g. bond mathematics, Monte Carlo simulation in real and risk neutral environment, interest-rate modelling) are essential
• An understanding of bond mathematic concepts such as duration, convexity, option-adjusted spread, z-spread, spread duration, key-rate duration, interest curve building, bootstrapping, etc. are required
• SQL, Python required; experience using Postgres, Databricks, VS Code IDE, and shell scripting languages (e.g. bash) preferable
• Practical experience using GIT is required
• An understanding of basic accounting, regulatory, risk management and strategic frameworks under which insurers operate, would be viewed favorably
• Excellent problem-solving abilities, intellectual curiosity, and experience in understanding and solving complex issues
• High level of integrity enabling the candidate to become a trusted partner to clients and peers

Principal, Ares Insurance Solutions

The anticipated base salary range for this position is listed below. Total compensation may also include…