VP / Principal, Ares Insurance Solutions Strategy Group
Ares Management Corporation ("Ares" or the "Firm") is a publicly traded, leading global alternative asset manager with approximately $572 billion of assets under management ("AUM") and approximately 4,100 employees. We seek to deliver attractive returns across each of our strategies and believe our investment groups are market leaders based on assets under management and investment performance. Our distinct but complementary teams have the ability to invest across a company's capital structure, from senior debt to common equity. The Firm was built upon the fundamental principle that each group benefits from being part of the broader platform. We believe the synergies from this multi-asset strategy provides our professionals with insights into industry trends, access to significant deal flow and the ability to assess relative value.
Since our inception in 1997, we have adhered to a disciplined investment philosophy that focuses on delivering compelling risk-adjusted investment returns throughout market cycles. We believe our growth in becoming one of the largest alternative asset managers is a testament to our experienced management team, our focus on performance and our high-quality investor base, which includes large pension funds, university endowments, sovereign wealth funds, banks and insurance companies.
Ares is currently searching for a highly motivated, diligent teammate to join as a full time VP / Principal in our Ares Insurance Solutions ("AIS") Strategy Group. AIS is our dedicated, in-house team that seeks to provide asset management, origination, risk analytics, capital, and M&A services to insurance clients globally. The team currently manages ~$25Bn of AUM across a broadly diversified asset portfolio and is the investment manager, capital solutions provider and corporate development partner to Aspida, a leading U.S. life and annuity insurance and reinsurance company.
The AIS Strategy Group consists of investment professionals working directly with the heads of AIS and leaders across Ares to source, evaluate and implement upon our highest priority growth initiatives. Projects led by this group include management company acquisitions, minority investments, strategic partnerships, global expansion, and business development.
The group seeks to strategically deploy Ares, Aspida, and third-party capital in accretive opportunities that enhance our current capabilities and / or expand our product offerings. The VP / Principal will provide support for the sourcing, evaluation and execution of potential new pivotal initiatives for Ares Management and AIS. Key role responsibilities include :
Requirements :
Reporting Relationships :
Principal, Ares Insurance Solutions
Compensation :
The anticipated base salary range for this position is $200,000.00 - $225,000.00. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.
The firm also offers robust benefits including comprehensive medical / Rx, dental and vision plans; 401(k) program with company match; flexible savings accounts (FSA); healthcare savings accounts (HSA) with company contribution; basic and voluntary life insurance; long-term disability (LTD) and short-term disability (STD) insurance; employee assistance program (EAP), and commuter benefits plan for parking and transit.
Additional benefits include access to a world-class medical advisory team, a mental health app, financial wellness benefit, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.
Strategy • New York, NY, US