Investment, Portfolio Manager

  • 36229
  • Life - Other
  • |
  • Singapore
  • |
  • Nov 12, 2019
Reinsurance
RESPONSIBILITIES
  • Develops transaction-specific asset and hedging strategies that optimize yield vs. capital within regulatory, accounting, operating, and risk management constraints
  • Develops asset and credit related pricing assumptions for Structured Reinsurance transactions.
  • Has responsibility for adequate treatment of all investment and ALM related risks during scoping and pricing phase of a transaction, including asset-related pricing Assumptions.
  • Supports the Global Financial Solutions business development team in analysing opportunities, developing new structures and products, preparing pitch books and acts as asset and ALM subject matter expert in client discussions.
  • Works with credit teams to determine the best path to execution, including analysis of the client’s existing portfolio and the creation of a target portfolio matching the asset strategy.
  • Communicates the asset strategy to various interested parties within the company, including the C-suite, to inform and to gain approval.
  • Negotiates investment guidelines and treaty terms with the client to deliver the flexibility necessary to manage asset risk and generate target return.
  • Leads efforts to close the asset side of the transaction.
  • Directs the reposition to move from the client’s portfolio to the company’s target portfolio.
  • Suggests, develops, documents and reviews new tools and models to improve new business pricing process.
  • Develops relationships with external contacts and internal cross-functional areas.
  • Directs the efforts of analysts to support the transaction.
  • Performs other duties as assigned.
QUALIFICATIONS
  • MBA/Master’s degree in relevant field and 4+ years of relevant work experience or Bachelor’s degree with 8+ years of relevant work experience.
  • Expert understanding of portfolio management in the context of insurance.
  • Exceptional investigative, analytical, negotiation, and problem-solving skills.
  • Ability to work in a highly collaborative environment.
  • Expertise in investment and market concepts, especially fixed income analytics.
  • Advanced oral and written communication skills, demonstrating ability to share and impart knowledge effectively.
  • Knowledge of asset liability management, preferably in life insurance context.
  • Strong technical skills, especially Excel, with Bloomberg/Blackrock a plus.
  • Ability to adapt to changing circumstances while managing multiple concurrent deadlines.
  • Expert ability to work well in an environment with multiple concurrent projects, cyclical work flow and demanding time frames.
  • Expert oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received.
  • Expert ability to interact with individuals across a wide variety of operational, functional, and technical disciplines.
  • Expert persuasion and negotiation skills when working with internal/external customers to resolve issues/problems.
  • Preferred:
  • CFA or possibly Fellowship-level actuarial accreditation.
  • Fixed income management experience, especially for insurance companies.
  • ALM/LDI experience.
  • Experience in financial services, especially portfolio construction for life insurers, in either insurance/reinsurance, investment banking, asset management, or consulting roles
  • Demonstrable track record of the successful implementation of investment strategies, especially in an insurance or reinsurance context.
  • In-depth knowledge of life insurance, including investments and ALM.
  • A working understanding of insurance regulation such as Solvency II, as well as, accounting standards such as US GAAP.