Quant jobs / Macquarie

Associate ALM Analyst

Manage liability hedges and investment exposures for InEvo Re within Macquarie’s insurance investment team. The work connects portfolio construction with the cash flows and capital requirements of a reinsurer.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Rebalance interest-rate, currency and inflation hedges as markets move.
Match private-asset cash flows to the currencies of insurance liabilities.
Run the balance-sheet model and improve regulatory reporting.
Assess new trade ideas with fixed-income colleagues.

What they ask for

Required

ALM, LDI or related markets experience
Swap products and duration or convexity
Excel proficiency
Clear communication and careful analysis

Preferred

Python, VBA or Bloomberg
Insurance investment and capital frameworks
CFA, FRM or actuarial study

Education: No degree requirement stated; progress towards CFA, FRM or actuarial credentials is beneficial.
Experience: At least 2 years in ALM, LDI, insurance investing or transferable markets work.
Languages and tools: Excel
Python
VBA
Bloomberg
Markets: fixed-income, fx, multi-asset

How to prepare

Build a liability cash-flow matching example with rate and FX swaps.
Explain how duration and convexity change after a hedge rebalance.
Practise collateral and margin calculations under an ISDA/CSA.

What to study

The Treasury and ALM Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on Macquarie’s site before applying: requirements, location and pay can change after we check them.

View the posting on Macquarie’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Macquarie and doesn’t handle applications.