Thursday, April 25, 2013

Portfolio Manager, Derivatives, PacLife - Newport Beach

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 success.

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.

POSITION SUMMARY:
Assists with the execution of the Company’s hedging program and will be responsible for the day-to-day implementation of our hedge strategies.

RESPONSIBILITIES:
. 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
http://www.pacificlife.com/PL/Career+Center/Search+Jobs/Beginyoursearch/?fuseaction=mExternal.showJob&RID=62951&CurrentPage=1

*If 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

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