Portfolio Manager Insurance, FIG

Financial Institutions Portfolio Manager

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients' capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world's largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.

The FIG PM team reports to the Global CIOs and is responsible for ensuring our overall portfolio aligns with firm strategy. The FIG PM team is dedicated to covering insurance companies and banks and has direct accountability for the portfolios they manage. While FIG mandates may include constraints that restrict sectors and tools to implement themes, our portfolio managers use their expertise to ensure that themes are aligned with the firm's outlook.

• The FIG PM team is structured in a hub and spoke manner. As generalists, they partner heavily with specialist portfolio managers for sector insight. This structure leverages the resources of PIMCO's extensive portfolio management capabilities to the benefit of our insurance clients. It allows FIG PMs to use specialists across the firm (e.g., corporate desk, ABS desk) to source individual positions while retaining responsibility for risk across the overall portfolio.

PIMCO manages >

$400Bn in affiliated financial institutions assets and >

$100Bn in unaffiliated global insurance assets.

We are seeking a hybrid role that will combine the expertise of a Portfolio Manager with strong quantitative skills in Optimization to support our Financial Institutions team at PIMCO in New York. This position will focus on managing investment portfolios for FIG clients while leveraging quantitative techniques to optimize risk-adjusted returns, both accounting returns (e.g., book yield and net interest income optimization) and economic returns (e.g., total return alpha, security rich / cheap analysis, sector relative value, etc.). The ideal candidate will possess a deep understanding of the insurance sector, fixed income / bond markets, along with exceptional communication and presentation skills to engage effectively with internal stakeholders and clients.

Responsibilities

Requirements

Benefits

PIMCO follows a total compensation approach when rewarding employees which includes a base salary and a discretionary bonus. Base salary is the fixed component of compensation that is determined by core job responsibilities, relevant experience, internal level, and market factors. The discretionary bonus is used to award performance and therefore is determined by company, business, team, and individual performance. Salary Range : $205,000.00 - $305,000.00

Equal Employment Opportunity and Affirmative Action Statement

PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.

Applicants with Disabilities

PIMCO is an Equal Employment Opportunity / Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.