AVP, Quantitative Strategies

Unum is a company of people serving people.  As one of the world’s leading employee benefits providers and a Fortune 500 company, Unum helps protect more than 25 million working people and their families in the event of illness or injury.  Headquartered in Chattanooga Tennessee, Unum has significant U.S. operations in Portland, Maine, Worcester, Massachusetts and Glendale, California with 35 field offices nationwide. The primary focus of this job is to develop and apply statistical tools to identify potential investment and derivative strategies. The incumbent will also partner with the ALM actuaries to model the characteristics of the potential strategies against existing asset/liability portfolios to measure their impact on the overall portfolio. The analysis of this information provides the foundation for making appropriate decisions in the context of portfolio management and its focus on risk, return, and long term profitability. Principal Duties and ResponsibilitiesModels assets using accurate and efficient processes and assumptions. Develop tactical asset trading models which exploit relative value opportunities in the market. From these models further develop basic desktop analysis tools (and provide training) for traders to use to analyze the capital and income impact of trades prior to execution. Integrates alternative asset models into the asset / liability systems and processes. Adapts ALM models to various purposes (for example, strategy testing, cash flow testing, etc.). Performs research on trends in asset and derivative market pricing and models assets and derivatives to identify trading opportunities. Maintain current knowledge of products and modeling methodology in the investment field to continually update and enhance modeling capabilities. May perform other duties as assignedRequires highly technical skills in both the mathematics of asset modeling and systems processes. Quantitative background with the ability to learn specialized software programs. 5-7 years of statistical modeling experience preferably focused on regression, optimization, option pricing, time series, stochastic projections, Monte Carlo simulations, and or multi-variate analysis. CFA or currently pursuing CFA designation preferred. Ability to effectively communicate technical ideas with asset managers, investment systems and accounting personnel and senior management. Graduate degree in quantitative discipline (math, finance, economics). PhD preferred.Unum is an equal opportunity and affirmative action employer regardless of a person's race, color, religion, national origin, age, disability, military status, gender or sexual orientation.