Deputy CIO – Insurance

Location:

100% Remote (West Coast preferred; occasional travel to San Francisco & Los Angeles)

Preference for candidates domiciled in PST or MST time zones.

Type:
Full-Time, Permanent

We are partnering with a well-capitalized, fast-growing life and annuity insurer, backed by a premier global financial institution and in the middle of a multi-billion-dollar U.S. expansion. The firm is hiring a Senior Director of Investments to lead the investment strategy behind its individual annuity business (fixed and fixed indexed annuities), reporting directly to the CFO.

• Strategic asset allocation: develop and recommend SAA and TAA aligned to liabilities, profitability, liquidity and capital, and run ALM, stress-testing and optimisation work
• Portfolio oversight: IG fixed income, commercial mortgage loans, derivatives and alternatives, monitoring credit quality, duration, liquidity and performance against liabilities
• External managers: manager selection and due diligence, mandate compliance, performance and fee oversight
• Risk and capital: work with Actuarial on risk tolerances and assess the impact of investment decisions on earnings, surplus, RBC and rating agency metrics
• Hedging: oversee the annuity hedge programmes, including effectiveness, cost, collateral and counter party risk
• Governance: lead investment governance and reporting to the CFO, the Investment Working Group and the Investment Committee

• 10+ years of investment management experience, with significant exposure to life insurance portfolios and annuity liabilities
• 8+ years of people management
• Strong grounding in ALM, fixed income, derivatives, regulatory capital and STAT/GAAP considerations
• Experience managing external managers and presenting to senior executives and Board or committee audiences
• Bachelor's degree in Finance, Economics, Accounting, Mathematics or a related field; MBA or CFA preferred