Welcome to your interview.
The question is on your right: Risk Drivers and Hedging in VA. Take a moment with it first.
Talk your thinking through with me if you like - when you're confident, submit your answer and I'll grade it like a real screen (7/10 or better passes). Discussion and graded submissions share your five interviewer interactions, so spend them well.
What are the primary risk drivers in a variable annuity block, and how do hedging programs mitigate these risks?