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Senior Analyst, Products and Hedging Solutions
- Toronto, ON, Canada
Full-time
This opening has closed.
The original listing is kept below for reference.
Job details
- Job type
- Full-time
- Closing date
- Experience
- 3+ years of proven experience as a Python developer in a technology or investment management/risk management/hedging/model vetting role
- Posting language
- English
- Posted
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Search current openingsOriginal job description
Archived listing. The details below describe a past opening.
As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our PathWise® Solutions Group (PSG) business group within Aon Reinsurance, in Toronto, Ontario. As a Senior Analyst, you will report directly to the Managing Director, Products and Hedging Solutions.
Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit.
Aon is in the business of better decisions
At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.
As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.
What The Day Will Look Like
- Design and develop robust python processes for hedging, strategic asset allocation, scenario generator calibration and financial reporting.
- Assist in the Daily Hedge Reporting and P&L Analysis Services for Aon’s clients
- Play a key role in developing and implementing innovative hedging and asset management strategies in PathWise to effectively manage complex exposures that combine Actuarial, Financial, and Capital Market risks.
- Develop, maintain, and document sophisticated financial asset and liability models in PathWise to support various investment management and risk management projects.
- Participate in quantitative research projects that support investment decision processes, applying quantitative skills, such as time series regressions, optimization,
- Monte Carlo simulation, and data visualization techniques.
- Build and maintain Economic Scenario Generators used in the valuation of financial assets and insurance liabilities.
PathWise® Solutions Group (PSG) provides high productivity computing software, consulting services as well as advisory services to financial intermediaries, primarily insurance companies. PSG’s high-performance software platform, PathWise®, provides companies with the ability to easily model financial obligations without involved coding and is run on Graphical Processing Units (GPU), making it the fastest, readily available software platform currently in use in the insurance industry.
This position will support the Products and Hedging Solutions services provided by the PathWise® Solutions Group at Aon. The core responsibilities include developing Python models and analyzing hedging and asset allocation strategies in the PathWise® platform and designing new financial models and processes within the system.
Skills And Experience That Will Lead To Success
- Expert programming skills in Python, in particular NumPy and SciPy
- 3+ years of proven experience as a Python developer in a technology or investment management/risk management/hedging/model vetting role
- Bachelor's degree in Computer Science/Computer Engineering
- Strong analytical and problem solving skills
- Master’s degree or equivalent in a quantitative field (Financial Engineering, Mathematical Finance) a plus
- Knowledge of financial assets including derivatives and their valuation models a plus
- Knowledge of stochastic interest rate and equity models a plus
- Knowledge of statistics, finance and economics a plus
- Knowledge of numerical technique skills in time series analysis and Monte-Carlo simulation
- Strong communication skills for heavy team and client interactions
- Ability to work well in a fast-paced environment with changing priorities
- Experience working with financial software packages such as Numerix, FinCAD a plus
In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!
Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.
Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.
Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.
We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email ReasonableAccommodations@Aon.com
2543231
More about this job
Responsibilities
Develop Python processes and financial models for hedging, asset allocation, scenario generation, and reporting, and support daily hedge reporting and profit-and-loss analysis for clients. Contribute to quantitative research and implement hedging and asset management strategies in the PathWise platform to manage complex financial, actuarial, and capital market risks.
Requirements
Requires a bachelor's degree in Computer Science or Computer Engineering, expert Python skills including NumPy and SciPy, and at least three years of relevant Python development experience. Strong analytical, quantitative, communication, and problem-solving skills are needed; a quantitative master's degree and knowledge of financial assets, derivatives, stochastic models, and financial software are advantageous.
Skills
- Python
- NumPy
- SciPy
- Financial Modeling
- Hedging
- Asset Allocation
- Risk Management
- Derivatives Valuation
- Stochastic Modeling
- Time Series Analysis
- Monte Carlo Simulation
- Optimization
- Data Visualization
- Economic Scenario Generators
- Analytical Problem Solving
- Client Communication
Benefits
- Global Wellbeing Days
- Flexible Working Arrangements
- Continuous Learning And Development
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Data & Analytics
- Software
- Technology
- Science & Research
Keywords
- Python
- NumPy
- SciPy
- PathWise
- GPU Computing
- Hedging
- Strategic Asset Allocation
- Financial Reporting
- Profit And Loss Analysis
- Financial Modeling
- Liability Modeling
- Risk Management
- Investment Management
- Derivatives
- Derivatives Valuation
- Stochastic Interest Rate Models
- Equity Models
- Economic Scenario Generators
- Time Series Regression
- Time Series Analysis
- Optimization
- Monte Carlo Simulation
- Data Visualization
- Actuarial Risk
- Capital Market Risk
- Numerix
- FinCAD
- Quantitative Research