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Vice President, Asset Allocation

Brookfield Asset Management
New York, New York
$200K-$250K a year
Full-time

Job Description

BAM Re is seeking a Vice President to join our New York-based investment team. The Vice President of Asset Allocation will play a key role developing and executing portfolio strategy alongside BAM Re’s senior leadership team through involvement in the creation of strategic asset allocation, new business pricing, and relative value analysis spanning the complete fixed income universe.

In this role, the Vice President of Asset Allocation will lead ongoing management of the existing life, annuities, and pension-risk transfer general account as well execute on the deployment of new premium each year.

Key Accountabilities

Lead development of asset allocation and deployment plans for investment portfolios backing life, annuities, and pension risk-transfer liabilities by working closely in tandem with BAM Re senior leadership and BAM Re credit teams

Lead initiatives for in-force income enhancement and capital optimization and report on relevant metrics around risk, liquidity and capital

Oversee day-to-day execution of investment portfolio

Report on performance, portfolio updates, and other views to both internal and external parties

Lead and develop team and ensure that staffing and skills are aligned with broader business needs

Coordinate with the actuarial and finance teams on providing investment assumptions for actuarial modeling and business planning

Candidate Profile

Bachelor’s degree with an excellent academic record, degree in a quantitative field of study a plus

5-10 years of insurance asset allocation, portfolio management, asset-liability management, or cross asset class experience

Strong capabilities in MS Excel, familiarity with programming languages preferred

Outstanding analytical and problem-solving skills

High attention to detail, intellectual curiosity, and motivation

Excellent verbal and written communication skills

Salary Range : $200,000 - $250,000

Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive.

Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education and designations.

Brookfield Asset Management is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it.

Accordingly, we do not tolerate workplace discrimination, violence or harassment.

Brookfield is an EEO employer and does not make hiring decisions based on status in a protected class.

30+ days ago
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