Manager, Investments - Retail Business

Posted 15 Days Ago
Be an Early Applicant
Hiring Remotely in USA
Remote
Senior level
Insurance
The Role
The Manager, Investments is responsible for overseeing retail pricing support, strategic asset allocation, dynamic and tactical asset allocation, and managing the retail portfolio. The role involves collaboration with internal teams, implementing investment strategies, and leading analysis related to retail's asset liability management.
Summary Generated by Built In

F&G is hiring for a Manager, Investments. The roles 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%)

#IND-HP

#LI-MK1

#LI-Remote


Additional Information

Work Environments

F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements. During the hiring process, you'll work with your leader to decide what works best for your role.

F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G.  If reasonable accommodation is needed to participate in the job application or interview process, please contact [email protected]

Join our employee-centric hybrid work environment: F&G Careers

About F&G

Since 1959, Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life’s unexpected events.

As a national Top Workplace1, an Iowa Top Workplace2 and a proud equal opportunity employer, F&G team members are empowered, collaborative, dynamic and authentic. We believe that by embracing these values, we will continue to build and strengthen the company while continuing to be a great place to work.

1Top Workplaces USA 2022 – 2023

2Des Moines Register Top Workplaces 2018 – 2022


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Top Skills

SQL
The Company
Des Moines, IA
587 Employees
On-site Workplace
Year Founded: 1959

What We Do

Established in 1959, F&G is headquartered in Des Moines, Iowa, and offers unique life insurance and annuity solutions to meet individual financial security needs through a national network of financial professionals. Our products have protected over 700,000 people across the United States.
F&G is a company of individuals who believe in the power of partnerships, encourage innovation and creativity, and are transparent about decisions while delivering on their commitments. These values allow F&G to help you turn your aspirations into reality.

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