Senior Associate, Asset Allocation

Brookfield Asset Management, Inc
New York, United States
$190K-$220K a year
Permanent
Full-time

Location

Brookfield Place New York - 250 Vesey Street, 15th Floor

Business - Reinsurance

Brookfield Reinsurance Ltd. (Brookfield Reinsurance", BNRE"; NYSE / TSX : BNRE) is the public vehicle of Brookfield's newest core pillar, Insurance Solutions, and operates a leading capital solutions business providing insurance and reinsurance services to individuals and institutions, with approximately $100 billion of AUM.

Through its operating subsidiaries, Brookfield Reinsurance offers a broad range of insurance products and services, including life insurance, annuities, and personal andmercial property and casualty insurance.

Brookfield Reinsurance's assets are managed by Brookfield Asset Management (NYSE / TSX : BAM), Brookfield's leading global alternative asset manager with over $900 billion of assets under management across real estate, infrastructure, renewable power and transition, private equity and credit.

Brookfield Culture

Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader : Entrepreneurial, Collaborative and Disciplined.

Brookfield ismitted to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

What We are Looking For

BAM Re is seeking a Senior Associate to join our New York-based investment team. The Senior Associate 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 theplete fixed ie universe.

In this role, the Senior Associate 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 ie 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
  • 5-7 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 writtenmunication skills

Salary Range : $190,000 - $220,000

Ourpensation structure isprised of a base salary and a short-term incentive program (cash bonus). Cashpensation tends to vary based on geography to account for local market conditions and is set to be marketpetitive.

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

Brookfield Asset Management ismitted 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.

Brookfield ismitted 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.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted. Job ID R2036640-1

30+ days ago
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