Who You’ll Work With:
AllianceBernstein is seeking a highly skilled Insurance Portfolio Manager, reporting to the Deputy Chief Investment Officer (CIO) of Insurance. This person will combine their deep understanding of insurance company needs and AB’s investments offerings to achieve client objectives while minimizing risk. The candidate will help design and implement insurance specific optimization and quantitative tools. The candidate should have a successful track record of delivering investment performance and a reputation of being client focused. The candidate must work well in a team-based environment and will be part of the AB Insurance Asset and Analytics team.
What You’ll Do:
The Insurance Asset and Analytics team acts as the key investments point of contact between AB Insurance and other AB investment teams. The successful candidate would own asset analytics, assumptions and securities-level optimization model construction; manage flows and in-force portfolios based on tactical asset allocation and client portfolio guidelines/objectives, always through the insurance lenses; manage aggregate client portfolio asset risk level, provide asset level analysis and own credit surveillance and impairment review process tailored to insurance clients; and partner with dedicated AB investments team on process improvement, ensure best ideas are shared and, and generate asset performance evaluation analysis.
What We’re Looking For:
Deep knowledge of public and private fixed income instruments and experience in portfolio management
Strong understanding of insurance company regulations across various regimes; statutory and GAAP insurance investment accounting, and risk management framework
Experience in managing both income-oriented and total-return focused portfolios
Asset-liability management experience in an insurance company environment
Working knowledge in formulating and implementing insurance-specific strategic and tactical asset allocation
Good understanding of derivative strategies and Responsible Investing
Ability and willingness to design, implement, and utilize systematic quantitative tools
Client focused with history of developing relationships with new and existing clients
Strong oral and written communication skills
Excellent time and project management skills
Detail-oriented, service-oriented and self-directed
Team-orientation is vital. AB emphasizes it’s striving, yet collegial culture as a cornerstone to its successful track record
Bachelor’s degree. MBA and/or CFA/FSA a plus
About AB
We are a leading global investment management firm offering high-quality research and diversified investment services to institutional clients, retail investors, and private-wealth clients in major markets around the globe. With over 4,000 employees across 57 locations operating in 26 countries and jurisdictions, our ambition is simple: to be the most trusted investment firm in the world. We realize that it’s our people who give us a competitive advantage and drive success in the market, and our goal is to create an inclusive culture that rewards hard work.
Our culture of intellectual curiosity and collaboration creates an environment where you can thrive and do your best work. Whether you’re producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to our clients, we are fully invested in you. If you’re ready to challenge your limits and empower your career, join us!
Salary Disclosure (Insert only if roles are to be located or posted in NY, California, Washington, Colorado,)
In accordance with applicable law, the minimum and maximum base annual salary for this role is as follows:
Base Salary Range: $175,000 to $200,000
Actual base salaries may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors. Base salary is just one component of total compensation at AB, which may include, depending on eligibility, commissions, year-end incentive compensation, short- and long-term incentives and Department-specific awards. In addition AB provides a variety of benefits to eligible employees, including health insurance coverage, an employee wellness program, life and disability insurance, a retirement savings plan, paid holidays, sick and vacation time off
People of color, women, and those who identify as LGBTQ people are encouraged to apply. AB does not discriminate against any employee or applicant for employment on the basis of race, color, religion, creed, ancestry, national origin, sex, age, disability, marital status, citizenship status, sexual orientation, gender identity, military or veteran status or any other basis that is prohibited by applicable law. AB’s policies, as well as practices, seek to ensure that employment opportunities are available to all employees and applicants, based solely on job-related criteria
well as practices, seek to ensure that employment opportunities are available to all employees and applicants, based solely on job-related criteria
New York, New York