Mutual of Omaha is seeking a Portfolio Manager to join our growing Investment Management team, a talented group of 80+ investment professionals entrusted with managing the company’s investment portfolio of over $40 billion. This role contributes to the build out and enhancement of derivatives capabilities while working closely with senior stakeholders. You will consult in business product development as well as portfolio risk modification strategies. You will contribute to the growth and profitability of corporate invested assets through development, implementation and successful execution of strategic portfolio construction and tactical positioning strategies.
WHAT WE CAN OFFER YOU:
Estimated Salary (Levels have variable responsibilities and qualifications)
401(k) plan with a 2% company contribution and 6% company match.
Work-life balance with vacation, personal time and paid holidays. See our benefits and perks page for details.
Applicants for this position must not now, nor at any point in the future, require sponsorship for employment
WHAT YOU’LL DO:
Contribute to the development, monitoring, and execution of derivative strategy across all asset classes and product types.
Work closely with broader portfolio management team to develop Asset Liability Management (ALM) annuities and balance sheet risk macro hedge programs.
Contribute to the design and implement derivative strategies for hedging, replication, and income generation purposes.
Collaborate and assist with the management of derivative hedge programs to improve hedge performance and ALM risk management.
Price and ensure the best execution in a variety of derivative and option contracts.
Ensure compliance with all legal contracts, regulatory requirements, and internal risk controls.
WHAT YOU’LL BRING:
A minimum of 7 years of experience in derivatives trading or portfolio management with at least 3 years of experience in developing and executing derivative strategies
Bachelor's degree, preferably in a field requiring strong analytical and quantitative skills such as Mathematics, Actuarial, Finance, Engineering, Computer Science, or Financial Engineering
Knowledge of ALM, derivative pricing, financial market liabilities and risk management
An understanding of relevant insurance capital, regulatory and accounting standards
Excellent interpersonal and communication skills; proven success in establishing and maintaining relationships with internal and external business partners.
You promote a culture of diversity and inclusion, value different ideas and opinions, and listen courageously, remaining curious in all that you do.
PREFERRED:
Chartered Financial Analyst (CFA).
Knowledge of hedge accounting utilized for both asset and liability hedges within the life insurance space.
Direct experience hedging indexed universal life and/or fixed indexed annuity insurance products.
Experience with Bloomberg AIM and Bloomberg MARS.
Programming knowledge and experience with Python and SQL.
We value diverse experience, skills, and passion for innovation. If your experience aligns with the listed requirements, please apply!
If you have questions about your application or the hiring process, email our Talent Acquisition area at
careers@mutualofomaha.com
. Please allow at least one week from time of applying if you are checking on the status.
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