Director, Product & Hedging Solutions (STG Life Solutions)

Aon View all jobs

  • Calgary, AB Edmonton, AB
  • Permanent
  • Full-time
  • 16 days ago
Job Description:Director, Products and Hedging SolutionsAon is looking for a Director, Products and Hedging Solutions within Aon Reinsurance in Canada.This is a hybrid role with the flexibility to work both virtually and from any of our Aon office in Canada.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 decisionsAt 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 team and we are passionate about helping our colleagues and clients succeed.What the day will look like
  • Build and maintain Economic Scenario Generators used in the valuation of financial assets and insurance liabilities.
  • Lead 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.
  • Further the development of robust processes for hedging, strategic asset allocation, scenario generator calibration and insurance company financial reporting.
  • Provide analytical support to portfolio managers, traders, and risk managers on the risk, return and transaction cost/market impact of investment portfolios and strategies.
  • Conduct quantitative research projects on AI and its applications
How this opportunity is differentThis position will support the Products and Hedging Solutions services provided by the PathWise Solutions Group (PSG) at Aon. The core responsibilities include developing 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
  • Strong analytical and problem solving skills
  • Strong programming skills in Python, experience in implementing quantitative finance libraries in Python or C++
  • 10+ years of experience as a quantitative analyst in an investment management/risk management/hedging/model vetting role
  • Master’s degree in a quantitative discipline (Financial Engineering, Mathematical Finance), PhD a plus
  • Expert knowledge of financial assets including derivatives and their valuation models
  • Expert knowledge of stochastic interest rate, equity and credit models
  • Knowledge of statistics, mathmatical finance and economics
  • Strong numerical technique skills in Monte-Carlo simulation, optimization, time series analysis and PDE
  • 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
How we support our colleaguesIn addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile 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 for our colleagues as well.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 and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.We are committed to providing equal employment opportunities and fostering an inclusive workplace. If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing us at or your recruiter. We will work with you to meet your needs and ensure a fair and equitable experience.Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.#LI-HYBRID#LI-NA12577679

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