Analyst/Sr Analyst/Associate - Allianz Investment Management - Hedging

Job Description

Note:  position will be based in Minneapolis, MN

The AIM Analyst/Sr Analyst/Associate – Hedging is responsible for designing and implementing dynamic hedging

programs for Allianz annuity products and carrying out production trading processes. These fixed-indexed and

variable annuity products may have both equity and fixed income exposure. Specific duties include:

• Designing and implementing dynamic hedging trading processes for annuities.

• Researching trading strategies or models for hedging.

• Developing systems for production trade decision-making.

• Designing test cases, testing functionality, and validating results for production systems.

• Running production processes for dynamic and static hedging.

Key Requirements/Skills/Experience

• Experience with multi-Greek dynamic hedging strategies for annuities.

• Understanding of exotic equity derivative pricing and Greeks.

• Advanced understanding of fixed income derivative pricing and Greeks.

• Trade preparation for production dynamic hedging (reviewing analytics and delivering final trade orders for

execution).

• Experience in system development for production trade decision-making (designing interfaces/workflow, writing

financial code, designing test cases, testing functionality, and validating results).

Education

(1) Master’s degree in Financial Mathematics or a related field or (2) Bachelor’s degree in Mathematics or a related

field.

Experience required in fixed-indexed or variable annuity dynamic hedging, quantitative analysis, option pricing and

hedging, or a related field.

• 0 - 3 years experience required with Master’s degree

• 1 - 4 years experience required with Bachelor’s degree.