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Annuity Hedging Jobs (NOW HIRING)

Utilizes in-depth knowledge of annuity product designs and optional benefit features as well as capital market instruments (options, swaps, futures, etc.) and hedging concepts. * Reviews work product ...

We create life insurance and annuity products that protect consumers' retirements, and are ... hedge position and results • Assist with competitive analysis and manager performance ...

Direct experience of the Annuity industry, including experience of annuity pricing, product ... Experience with hedge and private equity funds; experience in the alternative investments industry

We create life insurance and annuity products that protect consumers' retirements, and are ... Collaborate with actuarial, finance and investment teams on assumptions, hedging considerations and ...

AVP and Actuary, ALM

Rosemont, IL · On-site

$117K - $138K/yr

We create life insurance and annuity products that protect consumers' retirements, and are ... hedging and ALM efficiencies • Develop, manage, and maintain controls over ALM systems (e.g. AXIS ...

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Annuity Hedging information

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$113K

$131.8K

$137.5K

How much do annuity hedging jobs pay per year?

As of Jul 6, 2026, the average yearly pay for annuity hedging in the United States is $131,841.00, according to ZipRecruiter salary data. Most workers in this role earn between $116,500.00 and $137,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the Annuity Hedging position, and why are they important?

To thrive in Annuity Hedging, you need a solid background in financial mathematics, actuarial science, and risk management, often supported by a relevant degree such as finance, actuarial science, or mathematics. Proficiency with modeling tools like MATLAB, Excel, and specialized actuarial software, along with industry certifications such as CFA or actuarial credentials, is highly valued. Strong analytical thinking, attention to detail, and effective communication skills are essential for collaborating with cross-functional teams and conveying complex concepts clearly. These capabilities ensure precise risk analysis and allow for the successful implementation of strategies to mitigate the financial risks associated with annuity products.

What is an Annuity Hedging job?

An Annuity Hedging job involves managing the financial risks associated with annuity products, typically at an insurance or investment firm. Professionals in this role use derivatives, asset-liability management strategies, and financial modeling to hedge risks such as interest rate fluctuations, market volatility, and policyholder behavior. They collaborate with actuaries, traders, and risk management teams to ensure the company's annuity portfolio remains stable and profitable. Strong quantitative skills, knowledge of financial instruments, and experience in hedging strategies are essential for success in this role.

What are some typical challenges one might face in an annuity hedging role?

Professionals in annuity hedging often encounter challenges related to rapidly changing market conditions and managing complex financial models to accurately assess risk exposure. Balancing stakeholder expectations while ensuring compliance with regulatory standards can also add complexity to the role. Additionally, integrating new technology and data sources into existing hedging strategies requires continuous learning and adaptation. However, these challenges offer great opportunities for professional growth and allow you to develop advanced expertise in both risk management and collaborative problem-solving.

More about Annuity Hedging jobs
What are the most commonly searched types of Annuity Hedging jobs? The most popular types of Annuity Hedging jobs are:
What job categories do people searching Annuity Hedging jobs look for? The top searched job categories for Annuity Hedging jobs are:
Infographic showing various Annuity Hedging job openings in the United States as of June 2026, with employment types broken down into 86% Full Time, and 14% Part Time. Highlights an 100% In-person job distribution, with an average salary of $131,841 per year, or $63.4 per hour.
Derivative Sr. Analyst / Analyst II - Portfolio Management

Derivative Sr. Analyst / Analyst II - Portfolio Management

Protective

Birmingham, AL

$79K - $120K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 11 days ago


Protective Life rating

8.4

Company rating: 8.4 out of 10

Based on 16 frontline employees who took The Breakroom Quiz

123rd of 277 rated insurance


Job description

The work we do has an impact on millions of lives, and you can be a part of it.
We help protect our customers against life's uncertainties. Regardless of where you work within the company, you'll be helping provide protection and peace of mind when our customers need it most.
Key Responsibilities
  • Support derivative hedging programs across variable annuity (VA), fixed indexed annuity (FIA), and other insurance products.
  • Develop expertise in derivatives capital markets, including the design and execution of hedging strategies.
  • Build, modify, and maintain models and systems used for portfolio management and risk management.
  • Collaborate with Derivatives, IT, Risk, and Middle Office teams to ensure effective system design and operation.
  • Perform ad hoc research and analysis in support of hedging and portfolio decisions.
  • Provide data, analysis, and reporting to internal stakeholders as needed.
  • Interpret internal and external issues and recommend solutions or best practices.
  • Communicate analysis and results to senior staff and leadership.
  • Participate in training, professional development, and ongoing learning related to derivatives, capital markets, and technology.
  • Contribute to project-based work supporting enhancements to models, systems, and processes.
Core Competencies
  • Derivatives & Capital Markets Analysis
    • Foundational understanding of derivatives, capital markets, and hedging strategies
    •  Ability to support the design, execution, and monitoring of derivative hedging programs
    • Understanding of the interaction between market risk, insurance liabilities, and portfolio outcomes
  • Financial Modeling & Quantitative Analytics
    •  Experience working with financial, quantitative, or actuarial models
    • Ability to run, interpret, and troubleshoot models supporting portfolio and risk management
    • Experience performing scenario, sensitivity, and ad hoc analysis to support decision-making
  • Portfolio & Hedging Program Support
    •  Support ongoing hedging programs across multiple products, including VA and FIA
    • Ability to provide timely data, analysis, and reporting to Risk, Middle Office, and other partners
    • Comfort supporting day-to-day portfolio management activities and special projects
  • Technology, Tools & Systems
    • Experience working within a modeling or analytics technology stack
    • Coding experience with Python and SQL preferred; exposure to C++, C#, R, or similar languages a plus
    • Ability to maintain and enhance systems used for portfolio management and hedging operations
  • Communication & Collaboration
    • Clear written and verbal communication skills
    • Ability to communicate complex analytical results to senior leaders and key stakeholders
    • Comfortable collaborating across teams including Derivatives, IT, Risk, and Middle Office
  • Professional Effectiveness
    • Strong analytical thinking, attention to detail, and sound judgment
    • Ability to manage shifting priorities in a fast-paced, team-oriented environment
    • Intellectual curiosity, willingness to learn, and proactive approach to problem solving
Minimum Qualifications:
  • Bachelor's degree in a quantitative or technical discipline such as finance, mathematics, engineering, actuarial science, computer science, or a related field.
  • 4 years cumulative work experience, including relevant internships.
  • Experience with analytics or modeling, preferably in a financial, derivatives, quantitative, or actuarial context.
  • Demonstrated interest in capital markets and risk management.
  • Strong communication skills and a collaborative working style.
  • Ability to work in an in-office environment.
Preferred Qualifications
  • Advanced degree (MS, MBA, etc).
  • Experience with asset management, capital markets, or derivatives modeling.
  • Actuarial science background or actuarial designation.
  • Understanding of fixed income securities, derivatives, insurance liabilities, and risk management.
  • Coding experience, preferably in Python and SQL; experience with C++, C#, R, or similar languages is highly preferred.
  • Experience working with or supporting senior leadership.
  • Interest in progressing toward portfolio ownership and broader investment responsibility over time.
$79,500 - $120,000 a year
Employee Benefits:  
We aim to protect the wellbeing of our employees and their families with a broad benefits offering. In addition to offering comprehensive health, dental and vision insurance, we support emotional wellbeing through mental health benefits and an employee assistance program. Work/life balance is important and Protective offers a variety of paid time away benefits (e.g., paid time off, paid parental leave, short-term disability, and a cultural observance day). The financial health of our employees is just as important as physical and emotional health.  Some of the financial wellbeing benefits include contributions to healthcare accounts, a pension plan, and a 401(k) plan with Company matching. All employees are encouraged to protect their overall wellbeing by engaging in ProHealth Rewards, Protective's platform to improve wellbeing while earning cash rewards.   

Eligibility for certain benefits may vary by position in accordance with the terms of the Company's benefit plans.

Accommodations for Applicants with a Disability:
If you require an accommodation to complete the application and recruitment process due to a disability, please email [email protected]. This information will be held in confidence and used only to determine an appropriate accommodation for the application and recruitment process.

Please note that the above email is solely for individuals with disabilities requesting an accommodation.  General employment questions should not be sent through this process.

We are proud to be an equal opportunity employer committed to being inclusive and attracting, retaining, and growing an inclusive workforce.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
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