Director, Derivative Management (Finance)

TL;DR

Director, Derivative Management (Finance): Managing the Asset Owner hedging framework and providing derivative expertise in dealing and fund management with an accent on Asset Liability Management (ALM), investment hedging, and risk management. Focus on designing and implementing robust hedging strategies, providing technical leadership, and ensuring policy compliance across the group.

Location: London (flexible working arrangements considered)

Company

hirify.global is a long-standing investment and insurance firm with a heritage of over 175 years, specializing in asset management and life insurance solutions.

What you will do

• Maintain and enhance the Asset Owner hedging framework to ensure alignment with regulatory requirements and best practices.
• Review and challenge ALM hedging strategies across insurance businesses and the wider hirify.global Group.
• Design, implement, and oversee the risk management of hedging programmes to optimize capital outcomes.
• Collaborate with stakeholders to develop ALM solutions and derivative-based investment or product ideas.
• Manage relationships with external derivative counterparties to ensure governance and execution quality.
• Support operational processes including collateral and lifecycle management of derivative trades.

Requirements

• Substantial experience in an investment, ALM, or hedging function.
• Strong understanding of life insurance investment strategies and financial instruments, specifically derivatives.
• Deep knowledge of risk profiles for With-Profits, Annuities, and Unit-Linked business lines.
• Working knowledge of investment-related regulation and prudential regulatory frameworks.
• Proven ability to manage complex stakeholder environments with competing priorities.

Nice to have

• Experience designing or overseeing large-scale hedging programmes.
• Actuarial experience and governance oversight within a regulated insurance environment.
• Track record of contributing to strategic initiatives involving risk management or derivatives.

Culture & Benefits

• Competitive pension scheme (18% total: 13% employer, 5% employee).
• Generous annual leave of 38 days, including bank holidays, with options to purchase additional days.
• Comprehensive health and protection cover, including private healthcare, critical illness, and life assurance.
• Market-leading parental leave through the Inspiring Families policy.
• Inclusive culture with employee-led networks and a Disability Confident Leader certification.