Portfolio Manager, Derivatives, PacLife - Newport Beach
Pacific Life offers life insurance, annuities, and mutual funds, along
with a variety of investment products and services, all of which provide
The Power to Help You Succeed.
Headquartered in Newport Beach,
CA, Pacific Life is a Fortune 500 company with approximately 2700
employees. We pride ourselves on providing a stimulating work
environment which is highly challenging and exceptionally rewarding. We
firmly believe each employee plays a part in our continued growth and
Currently, we are seeking a talented Derivatives Trarder
to join the Company’s Investment Management Group. The Investment
Management Group invests in a variety of fixed income instruments
including investment-grade and high-yield corporate bonds and high
quality residential mortgage-backed securities (RMBS) to support our
Life Insurance and Retirement Solutions business as well as to support
the business of managing the assets of other companies.
with the execution of the Company’s hedging program and will be
responsible for the day-to-day implementation of our hedge strategies.
. Execution of interest rate, equity, or currency derivatives
. Pre-trade analysis and modeling
. Position reporting and ad-hoc risk analysis
. Monitoring of risk positions
Reports to the Head of Derivatives Trading, and will work with internal
clients as well as other members of the investment team
FACTORS FOR SUCCESS:
. MBA, CFA or equivalent preferred
. 6-8 years experience with capital markets pricing, trading dynamics, bond math, and derivatives valuation
A background in derivatives trading, structuring, or similar function
at a global bank or in a hedging role at an insurance company
. An understanding of variable annuity and/or indexed annuity products
. Demonstrated attention to detail and ability to “reality check” trade pricing
Ability to communicate complex trading strategies in simple terms with
internal clients and other members of the investment team.
Join the Pacific Life team and watch your career grow!
We offer competitive pay/ bonus program and a comprehensive benefits package including:
. Medical/Dental coverage
. TWO retirement plans:
.401k retirement plan with company match
.Company-paid Retirement Benefit Account (company contributes 4% up to taxable wage base and 8% over to IRS compensation maximum
. Vacation/holiday pay
. Medical and dependent care flexible spending accounts
. And much more!
Interested candidates should apply online: www.pacificlife.com
you are a qualified individual with a disability or a disabled veteran,
you have the right to request an accommodation if you are unable or
limited in your ability to use or access our career center as a result
of your disability. To request an accommodation, contact a Human
Resources Representative at Pacific Life Insurance Company.
*Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V