Senior Portfolio Manager

Reinsurance Group of America, Incorporated; Greater London; On-site; GBP 75,000 - GBP 95,000; Full time

Job summary

A leading global reinsurance company based in Greater London is seeking a Senior Portfolio Manager to join their Global Portfolio Management team. This role involves setting strategic asset allocations, enhancing investment income in a risk-controlled environment, and collaborating with various business partners. Candidates should have a strong background in credit and alternative investments, advanced negotiation skills, and a degree in a related field. The company offers a supportive work environment with growth opportunities.

Benefits

Valuable knowledge from diverse colleagues

Respectful and welcoming environment

Vast career potential

Qualifications

• 5+ years corporate or structured credit, or alternative/private investment experience.
• 5+ years experience in portfolio management in an asset liability framework.
• Demonstrable track record of successful investment strategies.

Responsibilities

• Collaborate to set and monitor Strategic and Tactical Asset Allocation.
• Enhance risk and capital adjusted investment income.
• Support efficient cash management and compliance.

Skills

Corporate or structured credit experience

Portfolio management in asset liability framework

Investment/portfolio strategies implementation

Advanced persuasion and negotiation skills

Advanced programming skills

Experience using Blackrock Aladdin

Experience using Bloomberg

Team collaboration

Education

Bachelor's or postgraduate degree in Economics/Finance/Mathematics

CFA or significant progress towards

Tools

MS Office

Blackrock Aladdin

Bloomberg

Job description

Overview

You desire impactful work.

You’re RGA ready

RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 500 Company and listed among its World’s Most Admired Companies, we’re the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.

A Brief Overview

Portfolio managers in RGA’s investment division are at the heart of the department working with credit research and trading, alternative asset class managers (both internal and external) and business partners across the business and geographies to ensure portfolios meet their long term goals. Portfolio managers formulate and present the structural, long term asset allocation and the tactical investment strategy of portfolios, whilst maximizing investment income in a risk and capital controlled framework to meet insurance liabilities. The individual would balance the day to day responsibilities of portfolio management across global public fixed income and alternative asset classes, with technical project-based work with a broad array of stakeholders.

What you will do

• Senior member of the Global Portfolio Management team collaborating to set and monitor the Strategic and Tactical Asset Allocation of Reinsurance transactions and business lines
• Enhance and maximise, risk and capital adjusted investment income through day to day management and strategic investment initiatives
• Supports the efficient implementation of cash management, compliance to reinsurance treaties, and fundamental, value-driven views of the credit research and trading team
• Working closely with business development and new deal team representing the inforce portfolio management team and, providing detailed support and input on investment strategy and deal construction
• Support and help develop talent in the Global Portfolio Management team
• Works closely with Treasury, Structured Finance and other business areas on projects related to balance sheet optimization
• Suggests, reviews, and assesses new tools and frameworks to improve portfolio construction, relative value, performance attribution and other tools related to the investment process
• Conduct detailed portfolio reviews and optimize assets across reinsurance deals, collateral arrangements, legal entities and capital jurisdictions
• Develop strategic relationships with external contacts and internal cross-functional areas
• Drives growth of the private asset platform internationally through detailed underwriting and structuring
• Leads due diligence process and oversight for new asset class opportunities, including external manager RFPs and reinsurance deal related opportunities
• Continues to enhance the asset liability framework across regulatory jurisdictions and business lines
• Track performance relative to the investment income plan of reinsurance transactions and business lines, and make adjustments based on market conditions
• Supports the efficient formulation and response to management and regulatory requests

Qualifications

• Bachelor’s or postgraduate degree in an Economics/Finance/Mathematical related field
• CFA or significant progress towards
• 5+ years corporate or structured credit, or alternative/private investment experience
• 5+ years experience in a portfolio management in an asset liability framework, or insurance client solutions environment
• Demonstrable track record of the successful implementation of Investment/portfolio strategies
• Understanding of various regulatory frameworks for insurance, including Solvency II, BSCR and other RBC frameworks
• Advanced programming and MS Office skills
• Experience using Blackrock Aladdin and Bloomberg (preferred)
• Advanced persuasion and negotiation skills when working with internal and external customers to resolve issues or problems
• Advanced ability to work well within a team environment and participate in department/team projects

What you can expect from RGA:

• Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
• Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
• Join the bright and creative minds of RGA, and experience vast, endless career potential.