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Market Risk Analyst

AT The Hartford
The Hartford

Market Risk Analyst

Hartford, CT

Risk Analyst - KR08CE

Assoc Risk Analyst - KR08AE

We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.

Market Risk Analyst

The Market Risk Analyst will join a talented and high-performing Credit and Market Risk team that oversees credit and market risks across The Hartford and a wider set of risks of the Hartford Investment Management Company (HIMCO) subsidiary. They will ensure that The Hartford's exposure to credit, equity, interest rate, and foreign exchange risks remain within the established risk management framework by assessing and monitoring these financial risks over time and under different economic conditions. The Risk Analyst will be based in our Hartford, CT Home Office on a hybrid basis.

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Responsibilities:

• Conduct risk monitoring and analysis of market and credit risks within the Enterprise.
• Interact with investment teams to identify and review key market and credit risks.
• Assist in developing risk measurement, aggregation, and monitoring of relevant risk metrics and analytics, including stress testing across different capital management models and accounting 'lenses' (e.g., GAAP, Statutory, Economic)
• Develop and leverage Value-at-Risk (VaR) and other market risk models, including both historical and forward-looking "macro-factor" based models.
• Respond to market events and communicate risks to risk managers, portfolio managers, or investment teams as required.
• Assist in developing stress testing applications as part of ongoing risk responsibilities.
• Conduct market research as appropriate to strengthen risk analyses capabilities.
• Effectively communicate with Treasury, HIMCO, and Corporate Finance

Qualifications:

• 2+ years of experience in fixed income risk management with hands-on model development experience, preferably in a buy side setting.
• Excellent statistical and quantitative background,
• Programming and modeling skills (e.g., R).
• Excellent communication skills with senior leaders and key business partners.
• Curiosity and inquisitiveness with strong problem-solving skills and resourcefulness.
• Organized and detail oriented with an ability to adjust to multiple projects and shifting priorities.
• Hands-on experience with BlackRock's Aladdin, Bloomberg or similar third-party risk and performance systems a plus.
• Degree in a quantitative discipline (e.g., Quantitative Finance, Actuarial Science, Mathematics, Economics) and/or credentials (e.g., FSA, FCAS, CFA, FRM)

As a condition of your employment for HIMCO, you will be required to affirm to HIMCO's Code of Ethics and understand that you will be required to comply with the disclosure of accounts, holdings and pre-clearance of trades for the accounts of you and your household family members as more fully described in the Code of Ethics Key Points. If you will be deemed to be a "Covered Associate" under HIMCO's Pay to Play Policy, you will also need to disclose all political contributions that you have given within the past 2 calendar years.

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

75,200 - 112,800

The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.

Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

About Us | Culture & Employee Insights | Diversity, Equity and Inclusion | Benefits

Client-provided location(s): Hartford, CT, USA
Job ID: hartford-R2418150
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Health Reimbursement Account
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • On-Site Gym
    • Mental Health Benefits
    • Virtual Fitness Classes
    • Fitness Subsidies
    • FSA
    • HSA
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • Adoption Leave
  • Work Flexibility

    • Hybrid Work Opportunities
    • Remote Work Opportunities
    • Flexible Work Hours
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • On-Site Cafeteria
    • Company Outings
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Volunteer Time Off
    • Personal/Sick Days
  • Financial and Retirement

    • 401(K) With Company Matching
    • Stock Purchase Program
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
    • Profit Sharing
  • Professional Development

    • Internship Program
    • Leadership Training Program
    • Associate or Rotational Training Program
    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Lunch and Learns
    • Learning and Development Stipend
  • Diversity and Inclusion

    • Employee Resource Groups (ERG)
    • Diversity, Equity, and Inclusion Program