Manager, Investments - Retail Business

Job Summary

The Manager, Investments primary responsibilities are to support the company’s retail annuities and life business and its initiatives, including new business pricing, product development, investment performance monitoring, and reinsurance/capital initiatives. In addition, this role will also lead Investment-related modeling and analytic support to various internal functions, including Retail Pricing, Risk and Reinsurance.

Duties and Responsibilities

• Retail Pricing Support:
  • Responsible for the oversight and management of BAU submissions related to Retail pricing, encompassing weekly new business investment assumptions, monthly retail portfolio analytics, and retail performance tracking.
• Strategic Asset Allocation:
  • Collaborate with Investment Central Vertical to set parameters for Retail Strategic Asset Allocation
• Dynamic Asset Allocation:
  • Conduct periodic retail new business optimization exercises, considering asset and liability characteristics while optimizing key investment metrics.
• Tactical Asset Allocation:
  • Review economics & credits of special investment opportunities, and ultimately set recommendation to enhance retail investment performance.
• Retail Portfolio Monitor & Rebalance:
  • Perform periodic review of the retail portfolio and partner with Blackstone analysts on relative value analyses and ultimately make recommendations for rebalance strategies to enhance portfolio investments.
• Retail ALM:
  • Oversee asset & liability projections by partnering with corporate actuarial and retail pricing.
  • Incorporate ALM views into Investment decision making process.
• Reinsurance Portfolio Monitor:
  • Lead the design and implementation of Retail FWH portfolio and ALM monitoring process.
  • Make recommendations for investment strategies to enhancement Retail/Reinsurance objectives.
• Reinsurance Transaction Execution:
  • Support Retail reinsurance transactions by managing the asset selection process & review of investment guidelines.
• Resegmentation:
  • Oversee the quarterly resegmentation process to ensure sufficient assets are backing each line of business.
• MYP and CFT Support:
  • Provide support on Retail Investments for the Multi-year Projection and Cashflow Testing processes.

Experience and Education Requirements

• 7+ years of experience related to asset management, portfolio analytics, or credit research.
• Bachelor’s degree in mathematics, statistics, finance, actuarial science or related field.
• Progression towards attainment of CFA or similar professional designation is preferred.
• Life insurance product knowledge (e.g., FIA, MYGA, IUL, etc.) is preferred.

Knowledge, Skills & Abilities

• Effective verbal and written communication skills
• Superior analytical and problem-solving skills

• Team player who is comfortable working in a dynamic, entrepreneurial environment
• Proficiency with SQL, Tableau, Power BI or Alteryx is a plus.
• Proficiency with Factset, Bloomberg, Aladdin, Intex, AXIS, or similar asset modeling software is a plus.

Other Requirements

• Perform other functions, duties and projects as assigned
• Regular and punctual attendance
• Some travel required (less than 10%)

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