Drimva

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

First seen Oct 29, 2026 · Last verified Nov 5, 2026 (UTC)