Job Details

About The Role

Market Risk Management is a multidisciplinary financial derivatives team that applies state‑of‑the‑art technology in performing highly dynamic work. The mandate is to hedge one of the most complex derivatives available today: retirement benefit guarantees. In service of that mandate we manage a $50 billion+ multi‑asset hedging portfolio, conduct research and development of new retirement products, and provide modeling and analytics expertise for the business, cultivating the entrepreneurial spirit of a small startup within a larger organization.

Responsibilities

• Lead the daily management of the derivatives book
  • Manage the portfolio and operations of the FIA/RILA/IUL hedging book
  • Aggregate and analyze risk data on both assets and liabilities
  • Ensure accurate and up‑to‑date risk reporting
• Perform quantitative analysis on a large‑scale derivatives portfolio
  • Advance new hedging strategies
  • Support new FIA/RILA product designs
  • Conduct strategic capital analysis
  • Communicate results to external constituents, including senior leadership
  • Interact with and maintain close relationships with banks and the investment community to stay abreast of new developments in capital markets space
• Communicate and coordinate with staff throughout the businesses and functions on specific risk issues
  • Provide technical expertise to questions from internal and external sources
• Engage in financial derivatives and investment‑related projects as needed
• Manage a team of 3 FTEs

Skills and Qualifications

• Able to perform under pressure in a fast‑paced environment where priorities can shift quickly
• At least 10 years of relevant experience in the financial services industry
• Master's degree in a numerate field is a plus
• CFA, FRM, CQF or other financial mathematics designation(s) is a plus
• Strong programming skills with knowledge of C++/VBA/Python/MATLAB preferred
• Knowledge/experience includes one or more of the following:
  • Capital Markets (CFA Level)
  • Risk Management (FRM Level)
  • Derivatives models and valuation techniques
  • Advanced hedging techniques
  • Annuity product design/structuring
  • Quantitative investment strategies
  • Fundamentals of GAAP/statutory accounting and regulation for life insurance liabilities
• User level data‑base expertise; Knowledge of Access or SQL is preferred
• Personal attributes of a successful candidate would include:
  • Enjoy working on a multidisciplinary team to solve analytically complex problems
  • Detail and process oriented
  • Comfortable working in a structured environment that emphasizes operational controls
  • Ability to work on multiple projects, often with tight deadlines

Compensation

Corebridge offers a competitive benefits package as part of total compensation.

Benefit Offerings Include

• Health and wellness: medical, dental, vision insurance plans, mental health support, and wellness initiatives
• Retirement savings: 401(k) plan with company matching up to 6% of eligible pay and a 3% contribution, vesting immediately
• Employee assistance program: confidential counseling services and resources
• Matching charitable donations: 1:1 up to $5,000
• Volunteer time off: up to 16 hours annually
• Paid time off: at least 24 PTO days

Work Location

The position is based in one of Corebridge Financial's hub offices (Houston, TX; Jersey City, NJ; Woodland Hills, CA). The role is subject to a hybrid working policy, benefiting both in‑office and remote work. Full‑remote candidates outside these areas may also be considered.

Regulatory Compliance

This role is deemed a “covered associate” under SEC Rule 206(4)-5, 17 CFR. Candidates must have no political contributions that would disqualify the company under 17 CFR 275.206(4)-5.

Equal Opportunity Employer

Corebridge Financial is committed to being an equal‑opportunity employer and complies with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job‑related qualifications and without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, disability, age, veteran status, or any other protected characteristic. The company also complies with security and immigration status requirements.

Corebridge Financial is committed to providing reasonable accommodations to job applicants and employees, including accommodations for disabilities or sincerely held religious beliefs. Requests should be emailed to TalentandInclusion@corebridgefinancial.com.

Qualified applicants with criminal histories will be considered in accordance with applicable law.