National Life
Managing Director, Derivatives & Hedging
$244K–$358K
Addison, TX +5 · Director · Full-time · Posted Jun 15, 2026
- Location
- Addison, TX
Montpelier, VT
New York, NY
Addison, TX
Montpelier, VT
New York, NY - Experience
- Minimum 15 years of progressively senior derivatives and hedging experience, including significant executive leadership; at least 5 years developing and executing strategies for insurance company assets and liabilities.
- Education
- Master’s degree (or foreign equivalent) in quantitative or mathematical finance, statistics, economics, computer science, engineering, or a related field.
- Visa sponsorship
- The company does not offer visa sponsorship for this position.
About the job
Leads NLG’s enterprise-wide derivatives and hedging strategy, operations, and team to manage risk, support insurance product innovation, and improve capital and collateral efficiency.
What you'll do
- Set the strategy and oversee execution, monitoring, controls, and reporting for hedging across asset classes and insurance products.
- Partner with investment, actuarial, finance, treasury, and product teams on hedging for products, transactions, and enterprise risk needs.
- Build and lead a high-performing hedging team and communicate strategy and risk to executives, boards, regulators, and other stakeholders.
What they ask for
- Master’s degree (or foreign equivalent) in quantitative or mathematical finance, statistics, economics, computer science, engineering, or a related field.
- Minimum of fifteen (15) years of progressively senior experience in derivatives and hedging, including significant time at the executive leadership level.
- At least five (5) years developing and executing derivative strategies addressing the unique nature of insurance company assets and liabilities.
- Track record designing, implementing, and scaling enterprise hedging programs in insurance, reinsurance, or asset management contexts.
Nice to have
- CFA, FRM, FSA, or equivalent professional designation.
- Working knowledge of U.S. statutory accounting, GAAP, and insurance regulatory and actuarial guidelines; hands-on collateral, ISDA/CSA, or counterparty experience is also preferred.
Pay
$243,750 — $357,500 USD (base salary)
Tools
value-at-risk, ISDA/CSA, GAAP, IUL, FIA, MYGA, RILA
AI focus
Expected to use approved AI tools where appropriate to improve work, validate AI-generated content, and follow company policies on confidentiality, privacy, security, compliance, retention, and intellectual property.
Model-written summary · the original posting is authoritative