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Aflac

Associate, Quantitative Analyst

Aflac, New York, New York, us, 10261

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Overview Aflac Asset Management, LLC, d.b.a. Aflac Global Investments (GI) is a wholly owned subsidiary of Aflac Incorporated (Aflac). GI is located in New York’s financial district and oversees the overall investment activities of Aflac and its subsidiaries in Japan, Bermuda, and the U.S. With 150 employees globally, GI seeks investments to maximize long-term returns with a focus on preservation of capital, subject to our asset-liability profile and liquidity and capital requirements. GI has primary investment and asset management responsibility for Aflac’s general account consisting of public, private, and growth assets (including strategic partnerships), which generates approximately $3.5 billion a year in net investment income. As of year-end 2024, Aflac’s total general account portfolio was approximately $100 billion. The investment teams support GI’s goals by providing market insight and knowledge of assigned asset classes. GI oversees the strategic deployment of capital for life and supplemental health insurance company balance sheets using both internal teams and external third-party asset managers.

Position Summary Working as a member of Aflac Global Investments (GI) and the Quantitative Analytic Solutions (QAS) / Investment Risk Architecture team, you will work closely with other quantitative analysts, quantitative investment risk analysts, asset liability management analysts, and enterprise risk management teams, along with other Global Investment business partners throughout the U.S. and Japan. Collaborate on the development of quantitative analytic solutions to support the implementation of a large, primarily fixed income, investment strategy. Apply solid knowledge of mathematical finance to a growing, state-of-the-art quantitative platform focused on scenario analysis of current and potential investment strategies.

Key Relationships Reports to: Quantitative Analytic Solutions/Investment Risk Architecture Manager

Primary Relationships: Quantitative Analytic Solutions, Investment Risk, Operational Risk, Asset Liability Management, Credit analysts, Credit and Derivatives traders, Investment Analysts, IT, Operations, Investment Accounting and senior GI leaders

Overall Responsibilities

Contribute to the development and calibration of models concerning:

Hedging strategies and optimization in FX, IR, Credit, and Equities domains

Strategic Asset Allocation with both total-return and income lenses

Economic Scenario Generation and Portfolio Optimization

Tactical Asset Allocation

Support capital measurement and regulatory analytics (US and Japan focus) with potential exposure to other regulatory jurisdictions and rating agencies

Longer-term projects associated with building out key functionality in the platform

Tactical analysis using existing tools, with immediate impact on business decisions

Explaining modeling methodology and model results to non-quants within the business

Candidate Qualifications Technical Skills

Bachelors Degree in mathematics, quantitative finance, physics, financial engineering, computer science or other related field; advanced degree a plus

Minimum 1 year experience in a similar quantitative role; preferably in an institutional investment environment or insurance asset manager; will consider internship experience

Knowledge of standard quantitative finance models (and stochastic calculus) on a practical level

Deep orientation toward probabilistic thinking; Bayesian mindset

Appreciation for the financial meaning and economic basis of models

Familiarity with major fixed income asset classes, basic bond math, Vanilla FX/IR derivatives

Hands-on programming experience involving large projects, implementation of quantitative models, and intuition for how to write usable, and understandable, code—Python preferred, C++, SQL or similar experience desired as well

Knowledge of source control (Git/Github), databases (Snowflake), visualization tools (Plotly/Dash) and Big Data / ML frameworks (Scikit-learn, Apache Spark) is a plus

Non-Technical Skills

Takes ownership of problems and seeks to add value, not just complete assigned tasks

Systematic thinker who acts to increase, not decrease, the organization and clarity of information

Seeks conceptual understanding, not just technical precision

Comfortable with explaining quantitative ideas to non-quants and strives to break-down technical ideas into intuitive, digestible bits

Intellectual curiosity with the ability to generate and brainstorm ideas with colleagues

Team player

Please note:

Aflac Global Investments’ hybrid working environment requires a minimum of 3 days in the office each week

Compensation and Benefits Salary range:

This position has a range of $101,000 - $142,000. This range is specific to the job level and reflects factors including education, experience, licensure, certifications, geographic location, and internal equity. The range is provided in good faith based on information known to Aflac at the time of posting. Compensation decisions depend on the circumstances of each case. This salary range does not include potential incentive pay or benefits, which will be provided separately when appropriate.

Benefits:

In addition to base salary, we offer medical, dental, and vision coverage, prescription drug coverage, health care flexible spending, dependent care flexible spending, Aflac supplemental policies, 401(k) plans, generous paid time off, designated paid holidays, and other leaves of absence where eligible. Aflac complies with applicable leave laws in all states and localities.

EEO Statement:

We will consider for employment all qualified applicants, including those with a criminal history, in a manner consistent with federal, state, and local laws, including the Los Angeles Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act. Applicants with criminal histories are encouraged to apply.

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