Insurance Investment Solutions: Associate

About this role

Insurance Investment Solutions; Associate

 

The Insurance Solutions Group provides a wide range of advisory, portfolio construction, capital formation and whole portfolio solutions to insurers globally.  Within the Insurance Solutions Group, the Insurance Investment Solutions team combines its knowledge of insurance liabilities, asset-liability management, insurance regulation and financial modelling with portfolio construction, asset allocation and risk management expertise to support BlackRock's insurance clients, partners and investment teams with the design and delivery of tailored mandates and investor risk assessments.

 

The Insurance Investment Solutions team is hiring for an Associate in the Americas region to support the team’s responsibilities below. Insurance Investment Solutions Associates are regional insurance investment experts who assess local needs and work with client and investment teams to design and deliver appropriate mandates for insurers. 

 

Responsibilities

• Assist with BlackRock’s coverage of insurers (particularly C-Suite officers, the Head of ALM, the Chief Actuary and Head of Asset Allocation) through technical engagement of enterprise objectives and the implications of these objectives on their investment strategy with a view to building relationships based on knowledge and trust which lead to the origination of commercial opportunities

• Work directly with clients and internal partner teams on advisory engagements focused on asset allocation, risk and capital management, and ALM with a view to guiding the client towards the most appropriate investment solution or investment product given their unique considerations and objectives

• Support all internal portfolio management and product strategy teams, and all distribution channels across the platform, with insurance investment, regulatory, accounting and liability expertise to help them position or design investment management products and services in a way that is appropriate for insurers

• Develop a thorough knowledge of BlackRock’s capabilities, products and services, and integrate this knowledge into analytical solutions for insurers.  Identify gaps in existing provision and drive the development of new services

• Assist with the production of insurance focused research and thought leadership publications

• Maintain strong relationships with internal partners in the BlackRock Investment Institute (economists), Financial Modelling Group (quantitative modelers), Financial Institutions Group (client relationship managers), and relevant investment teams to drive holistic portfolio solutions for insurers to generate strong commercial outcomes.

 

Skills / Qualifications / Experiences:

• At least 3 years of professional experience in insurance investment strategy or related experience gained via an asset manager, investment bank, consultancy, or insurance company

• Practical experience and/or knowledge of investment strategy design, asset classes, and asset-liability management techniques used by insurers

• Some familiarity with the accounting, regulatory, risk management and strategic frameworks under which insurers in the region operate

• Excellent communication skills and the ability to explain complex topics to non-technical individuals, both verbally and in writing

• Excellent problem-solving abilities, intellectual curiosity, and experience understanding and solving complex issues

• High level of integrity enabling the candidate to become a trusted partner to clients and peers

• Proficiency in Python, VBA, R, or other programming languages a plus

• Progress towards or attainment of professional designations such as CFA, FRM, CAIA, FSA, etc. would be viewed favorably, but not essential

 

 

For New York, NY Only the salary range for this position is USD$116,000.00 - USD$155,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

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