Associate, Financial Institutions Group (FIG), Hong Kong

BlackRock

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profile Job Location:

Hong Kong - Hong Kong

profile Monthly Salary: Not Disclosed
Posted on: 19 hours ago
Vacancies: 1 Vacancy

Job Summary

About this role

The Financial Institutions Group (FIG) is responsible for creating and maintaining relationships with BlackRocks insurance companies globally. We pride ourselves on creating and delivering bespoke investment solutions advisory and analysis to our sophisticated client base. The group is the industrys largest 3rd party asset manager of insurance company assets and our insurance practice is a strategic focus of the firm. Global FIG team manages close to US$600bn of assets on behalf of c.500 insurance clients globally.

As an Associate of the FIG team you will work as part of a team of client facing insurance specialists with a deep understanding of industry trends client needs and BlackRocks capabilities across investment management risk and advisory. The team is comprised of insurance specialists with diverse backgrounds from across asset management investment banking insurance and consultancy. You will be a key point of contact for clients; supporting to design tailormade solutions which meet insurance specific needs and work across various internal partner teams globally with the goal of delivering the firm to our clients.

Key Responsibilities:

Reporting to Head of FIG Greater China he/she will work closely with the regional lead and various internal partners and stakeholders to support growth on insurance clients in Mainland China and offshore Hong Kong

Relationship Management and Servicing

  • Support senior Relationship Managers in managing and growing relationships with life and general insurance companies including onshore and offshore entities.

  • Prepare for insurer client meetings including agendas briefing materials pitch books and followups.

  • Coordinate responses to insurerspecific RFPs DDQs manager due diligence and governance reviews.

  • Track client interactions pipelines and commercial opportunities using internal CRM system

  • Support portfolio reviews asset allocation discussions capital efficiency considerations and mandate reviews.

  • Assist with onboarding funding ongoing monitoring and servicing of insurance mandates.

Business Development

  • Partner with investment teams and insurance solutions teams to deliver solutions aligned with insurers objectives.

  • Provide analysis and support for business development initiatives particularly in wholeportfolio solutions and private markets.

  • Build deep knowledge of the China insurance market including regulatory developments capital regimes accounting considerations and investment constraints.

  • Monitor market trends competitor activity and insurer investment behavior relevant to Chinabased insurance clients.

Key Skills and Qualifications:

  • Minimum 7 years of relevant experience in institutional sales insurance client coverage investment consulting or asset management.

  • Direct experience covering insurance companies is preferred with strong familiarity across life and/or general insurance investment portfolios.

  • Proven experience supporting or managing insurer relationships including mandates RFPs DDQs and ongoing client servicing.

  • Strong understanding of insurance investment portfolios ALM considerations and capitalefficient solutions.

  • Strong execution discipline with the ability to manage multiple complex stakeholder workflows.

  • Commercial mindset and longterm orientation toward institutional relationship management.

  • Bachelors degree in finance economics business or a related discipline; CFA or FSA designation is preferred.

  • Fluent in Simplified Mandarin Chinese (writing and speaking) and English; Simplified Mandarin fluency is mandatory due to client coverage requirements.

Our benefits

To help you stay energized engaged and inspired we offer a wide range of benefits including a strong retirement plan tuition reimbursement comprehensive healthcare support for working parents and Flexible Time Off (FTO) so you can relax recharge and be there for the people you care about.

Our hybrid work model

BlackRocks hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person aligned with our commitment to performance and innovation. As a new joiner you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock we are all connected by one mission: to help more and more people experience financial well-being. Our clients and the people they serve are saving for retirement paying for their childrens educations buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment the one we make in our employees. Its why were dedicated to creating an environment where our colleagues feel welcomed valued and supported with networks benefits and development opportunities to help them thrive.

For additional information on BlackRock please visit @blackrock Twitter: @blackrock LinkedIn: is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age disability family status gender identity race religion sex sexual orientation and other protected attributes at law.


Required Experience:

IC

About this roleThe Financial Institutions Group (FIG) is responsible for creating and maintaining relationships with BlackRocks insurance companies globally. We pride ourselves on creating and delivering bespoke investment solutions advisory and analysis to our sophisticated client base. The group i...
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BlackRock is one of the world’s preeminent asset management firms and a premier provider of investment management. Find out more information here.

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