Portfolio Manager, Private Credit

Job Description Summary

Manage and support the selection, onboarding, and ongoing oversight of third‑party asset managers, with a primarily focus on Direct Lending and other Private Credit strategies. Lead and/or support key investment activities such as portfolio construction, risk monitoring, and day‑to‑day portfolio management to ensure alignment with objectives, risk parameters, and performance expectations.

• Manage the selection, diligence, onboarding, and ongoing oversight of third‑party asset managers.
• Assist with due diligence of individual investment opportunities and new investment strategies, including underwriting, documentation review, and committee presentations.
• Support the development and implementation of investment and risk management strategies, portfolio optimizations, and portfolio construction.
• Monitor mandates, managers, deployment, guidelines, compliance, risk, and performance for the Private Credit portfolio.
• Maintain market intelligence on Private Credit asset classes, trends, and relative value.
• Lead reporting and portfolio management tools, evaluate and onboard new technologies.
  
  Partner with internal and external stakeholders to lead strategic initiatives focused on delivering superior investment results and maximizing value creation.

• Bachelor’s degree in Finance, Economics, Accounting, or a related field.
• Eight years of progressive experience investing in Private Credit asset classes.
• Experience conducting investment and operational due diligence on asset managers and identifying best practices across a range of strategies and instruments.
• Demonstrated ability to due diligence new investment opportunities by leveraging deep knowledge of private markets, asset managers, asset classes, and investment frameworks within life insurance organizations.
• Knowledge of insurance investment concepts, regulatory frameworks, and risk‑based capital requirements.
• Advanced Excel skills for sourcing, managing, and analyzing data for ad‑hoc requests, formal projects, and reporting.
• Proficiency in PowerPoint, including preparation of executive‑ready presentations.
• Strong written and verbal communication.

• Experience managing large General Account portfolios.
• Experience using agentic AI to improve or expand investment capabilities.
• Experience using and creating Microsoft Power BI dashboards.

• Office Environment.
• Moderate travel (10%-25%).
• Moderate travel for internal meetings.

The salary for this position generally ranges between $165,000 - $210,000 annually. Salary may vary above and below the stated amounts, as permitted by applicable law. Additionally, this position is typically eligible for an annual bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

• Pension Plan
• 401(k) Match
• Employee Stock Purchase Plan
• Tuition Reimbursement
• Disability Insurance
• Medical Insurance
• Dental Insurance
• Vision Insurance
• Employee Discounts
• Career Training & Development Opportunities

• Paid Time Off starting at 160 hours annually for employees in their first year of service.
• Ten paid holidays per year (typically mirroring the NYSE holidays).
• Be Well Company holistic wellness program, including Wellness Coaching and Reward Dollars.
• Parental leave – fifteen days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
• Adoption assistance.
• Employee Assistance Program.
• Back‑up care program.
• PTO for volunteer hours.
• Employee matching gifts program.
• Employee Resource Groups.
• Inclusion and diversity programs.
• Employee recognition program.
• Referral bonus programs.