Associate Quantitative Risk Analyst

About the Role

Aflac Asset Management is seeking an Associate Quantitative Risk Analyst to join their Global Investment division in New York City. This position supports risk management by utilizing quantitative methods and financial mathematics to address investment-related challenges. The role involves close collaboration across teams to ensure investment risks comply with established limits.

Key Responsibilities

• Conduct second-line comprehensive risk analyses to ensure adherence to investment risk appetites and limits.
• Collaborate with Quantitative Analytic Solutions to calibrate and validate models for investment risk, capital management, and asset/liability management frameworks.
• Provide quantitative analyses supporting risk management decisions spanning market, credit, asset/liability, and operational risks.
• Prepare documentation and validation materials for models and calibration methodologies.
• Manage code repositories and source code related to analytics performed within the team.
• Work with technologists to ensure deployed models are efficient and robust in production environments.
• Present analyses and recommendations through written reports and oral presentations.
• Assist with additional duties as assigned.

Required Qualifications

• Bachelor’s degree in Quantitative Finance, Financial Mathematics, Financial Engineering, Actuarial Science, Physics, Computer Science, or closely related field.
• Minimum of one year relevant financial services experience in quantitative risk management; recent graduates with relevant internship or related experience will be considered.
• Strong theoretical knowledge in valuation, stress testing, and quantitative analytics for both vanilla and exotic asset structures, including embedded options and structured credit assets.
• Proficiency in programming languages such as C#, Python, and VBA; demonstrated model development experience is essential.
• Excellent analytical, critical thinking, verbal, and written communication skills.
• Ability to manage multiple projects effectively, highly organized, and a team-oriented mindset.

Preferred Qualifications

• Master’s degree in related quantitative or financial disciplines considered an advantage.
• Certifications such as CFA, FRM, Actuary credentials, or other investment risk management credentials are favorable.

Work Arrangement

This role requires a hybrid work schedule, with at least 60% of the time spent onsite at the New York office and the remainder remote from within the continental U.S. Specific scheduling details will be established with leadership.

Compensation and Benefits

Salary ranges from $110,000 to $150,000 annually, influenced by education, experience, certifications, and location. This figure excludes incentive pay or benefits.

Benefits include comprehensive medical, dental, vision, prescription drug coverage, flexible spending accounts, supplemental insurance options at no employee cost, 401(k) plans, annual bonuses, opportunities to purchase company stock, 11 paid holidays, up to 20 days PTO, and state-mandated sick leave where applicable. Aflac supports applicable federal, state, and local leave laws, including parental and adoption leaves.

Company Overview

Aflac is a Fortune 500 leader in voluntary insurance products, known for direct policyholder cash payouts and recognized for workplace diversity and ethical practices. The company emphasizes personal growth, community involvement, and supportive culture under its "Aflac Way" motto.