Insurance Solutions Chief Investment Office, Associate
New York City, NY - USA
Job Summary
About this role
Team Overview
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 Advisory & Insurance Investment Solutions (IA&IIS) team is a group of insurance specialists with diverse backgrounds from asset management investment banking insurance and consultancy.
A key focus of the team is engaging with insurance clients to help solve their most complex asset allocation portfolio construction risk and capital management challenges. This work also requires the team to develop bespoke modelling and analytical capabilities both independently and leveraging the broader BlackRock analytical platform.
We use our collective insurance analytics and investment expertise and experience to deliver effective investment propositions that address the needs of our insurance clients.
We are seeking a motivated intellectually curious Associate looking to expand their career and work closely with the teams CIO.
Responsibilities:
- Assist in management and oversight of multi-asset insurance mandates
- Develop portfolio analytics to facilitate effective asset-liability strategies
- Engage with portfolio managers and originators across public and private platforms to identify investment opportunities optimized to insurance balance sheets
- Partner with Insurance Solutions teams to define investment parameters and assumptions across asset classes and support new transaction analysis
- Monitor portfolio performance liquidity risk capacity collateral and emerging risks
- Track credit markets and leverage underwriting expertise of our platforms to help assess relative value opportunities
- Support development of strategic asset allocations benchmarks and hedge strategies
- Assist in developing portfolio commentary and client focused content
Qualifications:
- 4 years of experience in supporting portfolio management activities for insurance companies
- Working knowledge across the multi-asset spectrum with particular focus on public and private credit and interest rate derivatives
- Proficient in Aladdin Bloomberg and core fixed income analytics
- Ability to translate complex regulatory and financial concepts
- Strong communication and client relationship skills
- Strong technical background; BS/MS degree in financial engineering quantitative finance mathematics or computer science
For New York NY Only the salary range for this position is USD$116000.00 - USD$155000.00 . 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.
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.
Guidance on AI use for candidates
At BlackRock AI has long been part of how we work enhancing decision-making improving operations and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn prepare and work more effectively; but during our interview process we want to focus on getting to know you through your own experiences thinking and judgment. To support you weve provided guidanceon when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
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.
To learn more about BlackRock please visit . We also encourage you to get to know us on LinkedIn Instagram YouTube X and TikTok.
BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees and we evaluate qualified applicants without regard to race creed color national origin sex (including pregnancy and gender identity/expression) sexual orientation age ancestry physical or mental disability marital status political affiliation religion citizenship status genetic information veteran status or any other basis protected under applicable federal state or local law.View theEEOCs Know Your Rights poster and its supplementand thepay transparency statement.
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process please email . All requests are treated in line with our.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law including any applicable fair chance law.Required Experience:
Chief
About Company
BlackRock is one of the world’s preeminent asset management firms and a premier provider of investment management. Find out more information here.