Manager Strategy, Variable Annuity Hedging

at  Manulife

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• Analyze proposals for new hedging strategies, completing due diligence work. Conduct research to compare alternative strategies to determine the overall effectiveness of a hedging strategy.
• Analyze large data sets and conduct statistical analysis using R/Python.
• Provide, or research to acquire, subject matter expertise on specific segments of capital markets (such as equities, commodities, FX, credit and/or fixed income). Particularly product details, and valuation and risk measurement methodology of the following products:
• IR swaps, equity futures, bond futures, FX futures, total return swaps, equity/index options, IR Swaptions.
• Develop new tools and metrics using Excel/VBA/Matlab/Python/etc. to evaluate hedging strategies.
• Collaborate closely with Actuarial Modeling, Equity Risk Oversight, traders, product and pricing teams on hedging programs targeting in-force and new business, as well as drive hedging improvements.
• Provide specifications to development teams and assist with interpretation from a capital markets perspective, to ensure the implementation meets business needs.
• Complete updates to production model parameters maintained by VAH, specifically fund mapping decomposition of target indices into tradable instruments.