Director, Derivative Portfolio Management

Insight Global is seeking a strategic and experienced Director of Derivative Portfolio Management to lead key initiatives in managing and optimizing derivative strategies. This role is critical in overseeing trading and performance of derivative positions used to hedge capital market risks, particularly related to Variable Annuity liabilities and other exposures. We are looking for an expert in equity derivatives with hands on experience building pricing models.

The Director will lead one or more aspects of the derivative performance programs and will also develop and provide direction to more junior staff members.

Day to day

• Lead and manage derivative portfolio performance across listed and OTC instruments (e.g., futures, swaps, options, swaptions).
• Develop and execute innovative hedging strategies using equity, rate, and credit derivatives-both vanilla and exotic.
• Calculate Delta & Gamma exposure for Variable Annuity and Reinsurance portfolios.
• Using Quant models to calculate Greeks (Deltas and Gamas) across portfolios then using Python / VBA / Matlab to automate Delta Gama tracking and rebalancing.
• Provide clear, actionable trade recommendations and insights to senior leadership.
• Guiding and leading two direct reports
• Maintain strong relationships with banks, vendors, and internal stakeholders.

Ensure robust quantitative analytics and financial engineering support for portfolio decisions.

Job Details

Permanent in West Chester, PA (preferred) or New York, New York

230K with bonuses and relocation assistance

Two round interview : First virtual, second round in person (Travel and lodging covered)

Hybrid schedule (Three days a week onsite, two days a week onsite during the summer)

We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity / affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and / or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to HR@insightglobal.com.To learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy :

Required Skills & Experience

Advanced degree (Masters or PhD in a quantitative field)

Bachelors in Financial Mathematics or related field

Advanced knowledge of Financial Mathematics with solid understanding of Derivative Pricing Theory, and their applications

Superior quantitative / analytic reasoning and problem-solving abilities and strong computer programming experience in VBA, Python, Matlab, C++ ...etc

Minimum of 7 years of progressive professional experience in the financial services industry

Strong understanding of equity derivatives markets, dynamics and flows

Experience in developing derivative trading strategies, back-testing and managing asset liability risks

Ability to influence; support and drive change.

Ability to focus on "big picture" view while driving into details

Strong communication skills (verbal and writing) to convey complex trade ideas in a simple manner

Nice to Have Skills & Experience

Experience leading groups with a drive to lead

Past experience as a quantitative analyst

Benefit packages for this role will start on the 31st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and / or other paid time off as provided by applicable law.