Portfolio Manager

The Portfolio Manager is expected to support (and subsequently lead) all aspects of the asset strategy and asset risks underlying new reinsurance opportunities.

• Location: London
• Type: Permanent

Key Duties (Including but not limited to):

• Develops transaction specific asset and hedging strategies that optimize excess yield vs. capital within regulatory, accounting, operating and risk management constraints
• Supports development of asset and credit related pricing assumptions for Asset Intensive transactions, Structured Reinsurance transactions and upfront cash settled transactions involving credit risk to the Company
• Craft target portfolio strategy for live deals to deliver the required risk-adjusted return for the transaction in partnership with the rest of the Investments
• Work with Credit team to determine best path to execution, including analysis of the client’s existing portfolio and the creation of a target portfolio given the portfolio strategy
• CFA and/or Actuarial qualification and 10+ years relevant work experience Or Bachelor’s degree in Economics/Finance related field with 15+ years relevant work experience
• Highly advanced understanding of investment/market concepts, especially fixed income analytics (i.e. sector weightings, portfolio duration, performance attribution, convexity and term structure of interest rates, spread)
• Highly advanced knowledge of asset liability management