Quantitative Developer - ALM

Quantitative Developer – ALM 1823 Partners (US) LLC is a Registered Investment Adviser conducting business as a differentiated asset management firm focused on long‑term, insurance‑first investment strategies. The firm supports independent insurance companies with tailored investment strategies that back real promises with real assets. 1823 Partners manages a growing portfolio of private‑market investments with the objective of generating compelling returns for insurance companies and their policyholders, as well as other long‑term‑oriented institutional investors. 1823 Partners will initially focus on real estate, asset‑backed finance, credit, insurance solutions and private equity, with a $18.7 billion‑dollar asset mandate from JAB Insurance US Holdings, Inc. (“JAB Insurance”). The firm is headquartered in Miami and has an office in New York. Location: New York, New York, United States. Responsibilities Design and development of ALM model architecture, including building out asset analytics, projected portfolio construction and core ALM modeling framework. Establish and evolve the asset assumption framework, including interest‑rate and spread curves, reinvestment assumptions, prepayment models and behavioral overlays, ensuring assumptions reflect current market conditions and portfolio strategy. Drive strategic balance‑sheet analysis in quantitative and qualitative measures, translating ALM model output into actionable insights on portfolio positions, liability matching, duration management, and hedging strategy. Develop and enhance scenario and sensitivity frameworks to stress‑test balance‑sheet resilience across interest‑rate, credit and liquidity risk dimensions. Identify and evaluate strategic optimization opportunities across the asset portfolio, including sector allocation, instrument selection and hedging overlays. Own the quantitative methodology underpinning key ALM metrics—including duration, convexity, surplus volatility and liquidity coverage—and drive continuous improvement in modeling sophistication. Collaborate with senior stakeholders to communicate complex quantitative findings clearly, supporting board‑level and regulatory reporting requirements. Qualifications 5–7 years of experience in a quantitative, financial engineering, or ALM‑focused role within insurance, banking or another financial institution. Bachelor's degree in Mathematics, Engineering, Computer Science, Finance or a related quantitative field. FSA, CFA or an advanced degree is preferred. Proficiency in Python and SQL; experience with Excel/VBA required. Experience working with an enterprise ALM modeling platform (including but not limited to Moody’s Axis, Prophet, ALFA/Integrate). Familiarity with fixed‑income asset valuation and projection platforms (including but not limited to Black Rock Aladdin, Numerix CrossAsset/PolyPaths, Beacon, Bloomberg MARS). Solid understanding of insurance ALM concepts, including liability‑driven investing, cash‑flow matching, interest‑rate risk and liquidity risk management. Familiarity with insurance liability structures such as annuities, life insurance or other long‑duration products. Knowledge of statutory and GAAP reporting frameworks relevant to life insurance (US STAT/GAAP, BMA, IFRS). Strong analytical and problem‑solving skills with a high attention to detail. Ability to communicate complex quantitative concepts clearly to non‑technical stakeholders. Ability to work efficiently both in a team setting and independently. What We Offer Opportunity to work with a high‑performing, collaborative team at the intersection of finance, strategy, and investment. Exposure to sophisticated investment structures and institutional capital partners. A culture that values integrity, partnership and long‑term thinking. Competitive compensation and benefits package. 1823 Partners is committed to equal employment opportunity and encourages people from all backgrounds to apply. We make hiring decisions based on merit and do not discriminate on the basis of race, religion, color, national origin, gender identity, sexual orientation, age, disability or any other protected status. The pay range for this role is: 175,000–200,000USD per year (NewYork). #J-18808-Ljbffr