Tech Expert Risk – Model Development

Who We Are    At Corebridge Financial, we believe action is everything. That’s 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:
* We are stronger as one:
We collaborate across the enterprise, scale what works and act   decisively for our customers and partners.
* We deliver on commitments:
We are accountable, empower each other and go above and beyond for our stakeholders.
* We learn, improve and innovate:
We get better each day by challenging the status quo and equipping ourselves for the future.
* We are inclusive:
We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work.
** Who You’ll Work With
** The Modeling Team (FQA - Financial Quantitative Analysis) develops, tests, and maintains the valuation framework to support the management of the hedging portfolio. The team also manages the automation around the daily large-scale Monte-Carlo simulations used to value the 300K+ customer accounts we manage. We are seeking team members to help us maintain and enhance a best-in-class valuation framework. The team is also responsible for driving automation to financial management reports and designing dashboards to automate market risk monitoring.
** About

The Role
*** We need a talented quantitative risk analyst with strong programming skills to join our team. This analyst will work with the MRM Modelling Team and will be responsible for creating and maintaining code for both assets and liabilities.
* Maintain, build and extend economic models for multiple product lines like: FIA, RILA, FA, and VA including riders like living benefits and death benefits. These annuity products are complex exotic options that require sophisticated math, finance and computer science skills to correctly model.
* Build systems to generate analytics and systems that aggregate analytics from internal systems in support of hedging portfolios of these policies.  Risk management is on a daily cycle so automation in many aspects of process is required.
* Our ideal candidate will have experience in a financial engineering capacity however we are open to candidates with no financial experience.
** Responsibilities
* ** Develop, design, and maintain the in-house risk analytics platform
* Update the platform to support new/updated insurance products
* Document model and systems implementations and create unit/regression tests
* Provide production support to Operations/IT team
* Provide ad-hoc analysis to support testing, auditor, and stakeholder queries
** Skills and Qualifications
*** 2+ years of relevant experience.
* Detail and process oriented.
* Programming experience in Python/C#/Java and SQL a plus
* Familiarity with quantitative financial risk concepts, derivatives, hedging techniques a plus
* Experience supporting and working with cross-functional teams in a dynamic environment.
* Strong written and verbal communication skills.
* Self-starter
* Strong academic record in a subject(s) with a strong computational emphasis (e.g. computer science, engineering, applied math, computational science, etc.); bachelor’s degree required; master’s degree a plus.
** Compensation
* * The anticipated salary range for this position is $95,000 to $134,000 at the commencement of employment.  Not all candidates will be eligible for the upper end of the salary range. The actual compensation offered will ultimately be dependent on multiple factors, which may include the candidate’s geographic location, skills, experience and other qualifications.
** Work Location
** This position is based in Corebridge Financial’s Woodland Hills, CA office.
** Estimated Travel
** May include up to 25%.# 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.

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