The board
- Pay
- $93,750–$137,500/hr
- Where
- Addison, TX; Montpelier, VT; New York, NY
- Posted
- 5 days ago
Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures.
Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard.
We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good. Be good. Make good.
What you'd do
- Build and maintain the models used to price residential whole loans and RMBS and run their cash flows, updating assumptions as rates and borrower behavior change.
- Crack and clean bid tapes and loan-level data, price pools, and prepare memos for Transaction Committees overseeing whole loan trading activity.
- Evaluate securitization vs. whole loan markets, and quantify both prepayment and credit risk.
- Evaluate portfolio data and develop repeatable institutional analytics tracking portfolio performance.
- Model prepay and default behavior, develop market comparables and benchmarks, and present performance data to portfolio managers and Investment Committee.
- Support servicing oversight by converting raw servicing data into clear takeaways on servicer performance and loan-level exceptions.
- Own the data pipelines and tooling behind the analytics, including Databricks, Python, and SQL, with a focus on continual improvement.
- Reconcile loan data across systems and work with Operations and Transaction Management to resolve.
- Provide ad hoc analysis and support for trading and portfolio management functions.
- All other duties as assigned.
What they want
- A quantitative degree or equivalent work experience.
- 2–5 years experience in mortgage analytics or a related field.
- A strong understanding of mortgage cash flows, prepayment modeling, and pricing of residential mortgage risk in both whole loan and securitized form.
- Comfortable working with servicing and remittance data.
- Strong Python and SQL skills and experience, plus hands-on work in Databricks or a similar platform.
- A solid grasp of mortgage analytics and prepayment modeling systems (Aladdin, Intex, Bloomberg, etc.).
- Leverage approved AI tools, where appropriate, to improve the efficiency, quality, and impact of their work.
- Stay curious and open to new AI-enabled ways of working.
- Exercise sound judgment by reviewing and validating AI-generated content.
- Maintain accountability for the accuracy, quality, fairness, and integrity of work products by adhering to National Life's AI guiding principles.
What you get
- Your benefits start day one and are flexible and customizable to your and your family’s specific needs. Check out the BENEFITS of a Career…
About National Life · 5101 - 5051010
NLG Capital, the investment management company of NLG, manages approximately $40+ billion in AUM. Our purpose is simple – to allow NLG to keep its promises. How we do this – an obsessive focus on delivering investment results. We drive results through a rigorous but collaborative investment process, and we hold ourselves to the highest of standards, both as investors and teammates.