Quantitative Developer

Milliman is a company focused on financial risk management, seeking a Quantitative Developer to work within their Financial Risk Management Practice. The role involves developing capital markets models and implementing them using various programming languages to support trading functions and risk management strategies. Responsibilities Designing models of exotic derivatives appropriate for pricing exercises, setting hedge positions, and projecting hedge strategy performance Implementing derivative models as VBA, C++, and C# modules Developing both risk neutral and real world economic scenarios used for hedge strategy testing purposes Calibration of capital markets models to market prices and historical capital markets data Developing trading strategies and performing historical regression tests Skills C++/C#/Java experience Demonstrated knowledge in quantitative finance Degree/Degree field: Masters in math, physics, engineering, computer science or quantitative finance Specific Credentials: progress towards CFA/FRM or similar Years industry experience: No requirement Years functional experience: 1 A minimum of three months of relevant work experience (inclusive of internships) is required Good communication skills, both written and verbal Ability to work in a fast-paced environment where the client is always our first priority Proven record of reliability and dedication to high quality work Sharp critical thinking skills, sound judgment, and decision-making ability Both the ability and willingness to clearly articulate your ideas Strong written and verbal communication skills Ability to work both collaboratively and independently A results-oriented work ethic The ability to work independently and in a team environment Obtained an advanced quantitative academic degree, preferably in math, physics, or quantitative finance Make successful progress toward CFA and/or FRM designations Experience carrying out quantitative financial analysis, preferably based on portfolio and option valuation theories Experience with stochastic modeling exercises including use of Monte Carlo techniques Demonstrated proficiency in computer programming languages including C++/C#/Java, and has an appreciation of object-oriented software design Demonstrated strong communication skills, capacity for leadership, and creative problem solving Benefits Medical, Dental and Vision – Coverage for employees, dependents, and domestic partners. Employee Assistance Program (EAP) – Confidential support for personal and work-related challenges. 401(k) Plan – Includes a company matching program and profit-sharing contributions. Discretionary Bonus Program – Recognizing employee contributions. Flexible Spending Accounts (FSA) – Pre-tax savings for dependent care, transportation, and eligible medical expenses. Paid Time Off (PTO) – Begins accruing on the first day of work. Full-time employees accrue 15 days per year, and employees working less than full-time accrue PTO on a prorated basis. Holidays – A minimum of 10 observed holidays per year. Family Building Benefits – Includes adoption and fertility assistance. Paid Parental Leave – Up to 12 weeks of paid leave for employees who meet eligibility criteria. Life Insurance & AD&D – 100% of premiums covered by Milliman. Short-Term and Long-Term Disability – Fully paid by Milliman. Company Overview Milliman is a risk management, benefits, and technology firm that offers insurance and retirement services. It was founded in 1947, and is headquartered in Seattle, Washington, USA, with a workforce of 1001-5000 employees. Its website is Company H1B Sponsorship Milliman has a track record of offering H1B sponsorships, with 36 in 2025, 18 in 2024, 21 in 2023, 29 in 2022, 23 in 2021, 27 in 2020. Please note that this does not guarantee sponsorship for this specific role.