National Life Group · 2 days ago
Executive Director Derivatives & Hedging
Montpelier, VT
Full-time
Hybrid
Lead/Staff
$174K/yr - $256K/yrNational Life Group is one of America’s fastest-growing insurance companies, focused on providing families with stability. The Hedging Leader at NLG Capital is responsible for designing, implementing, and overseeing the hedging framework for the company’s insurance and reinsurance operations.
Health CareInsuranceLife Insurance
No H1B
Responsibilities
Develop and implement a scalable hedging program to manage market, interest rate, and option risks across NLG’s insurance companies
Oversee day-to-day hedging operations, starting with static hedging programs and evolving toward dynamic overlays as business and asset volumes increase
Monitor and report on hedge effectiveness, including metrics such as value-at-risk, hedge P&L attribution, and capital impacts
Partner with investment, actuarial, and finance teams to design and execute hedging strategies for new products, M&A, and reinsurance deals—including FX hedging and in force risk management
Optimize collateral and capital efficiency associated with hedging activities
Build and lead a high-performing team of 2–3 professionals responsible for hedge execution, reporting, and analytics
Collaborate with actuaries, distribution partners, and banking counterparties on the development and launch of new FIA and RILA products, including custom and indexed-linked strategies
Work with corporate finance and actuarial valuation teams to support projections, capital planning, and stress testing
Qualification
Required
Proven track record of successfully designing and implementing hedging programs in insurance or reinsurance contexts
Broad understanding of life and annuity products, including IUL, FIA, MYGA and RILA
Strong ability to communicate complex hedging strategies simply and effectively to diverse stakeholders
Experience balancing risk management and capital efficiency objectives
Strong technical proficiency, including Microsoft Office (Excel, Word, PowerPoint); experience with quantitative tools preferred
Self-motivated with demonstrated excellent leadership, collaboration, and communication skills
Preferred
Actuarial, quantitative finance, or CFA background preferred but not required
Experience with U.S. statutory accounting, GAAP, insurance regulatory and actuarial guidelines
Experience managing collateral and counterparty relationships
Prior leadership of derivatives or hedging teams in an insurance or asset management setting
Benefits
401(k) eligibility
Various paid time off benefits, such as vacation, sick time, and parental leave
National Life’s discretionary annual incentive programs
Company
National Life Group
National Life Group offers life insurance, and annuity products to help individuals, families and businesses pursue financial needs.
Founded in 2006
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
M
Mehran Assadi
Chairman, CEO & President
Recent News
2025-11-26
2025-11-08
Company data provided by crunchbase