Investment Allocation Analyst

Description-

As an Investment Allocation Analyst, you will be part of the investment team responsible appropriately allocating new investments to subsidiaries and product lines. In this position you will monitor trade activity and collaborate with the front office to ensure that allocation decisions align with the portfolio management objectives and are performed timely. You will gain hands-on experience with our investment allocation tools and trade management systems.

The Team

The Investment Management (IM) department oversees and manages over $200 billion dollars in assets across its General Investment Account (“GIA”). It has primary responsibilities for conducting ALM on the GIA, growing and managing the investment portfolio, overseeing the performance of both affiliated and unaffiliated managers for the GIA, and directly selecting certain opportunistic and strategic investments.

The Quant R&D group of IM consists of a group of collaborative teams with interconnected responsibilities. The group’s core focus is on generating ALM analytics, asset modelling, developing advanced analytics, researching interest and credit rate specific strategies, adopting emerging technologies, and providing and ensuring operations continuity for the Quantitative and Fixed Income Portfolio Management groups within IM.

The “GIA and VA Asset Modeling & Development” team of Quant R&D has primary responsibilities for modeling all of the GIA’s assets, ensuring and maintaining critical Portfolio Management dependent operations for the GIA and Variable Annuity programs, and generating ALM pricing and risk analytics for all of Quantitative Portfolio Management’s hedging programs. In addition, the team receives and coordinates general and regulatory requests to various stakeholders across Enterprise Risk Management, Corporate Finance, Actuarial, and other internal and external parties.

The coordinated and combined efforts of the team, group, and department ensures our success in continually striving to add value for the organisation and its policyholders.

The Investment Allocation Analyst will contribute to the trade processing and investment tracking by:

· Allocate newly purchased securities to subsidiaries and product lines

· Coordinate allocations for upcoming purchases with asset managers and investment onboarding team

· Automate and continuously improve existing processes

· Share investment details with portfolio managers and solicit allocation preferences

· Partner with IT to validate new system functionality as well as regression test the allocation process

 

· Bachelor’s degree or higher.

· Familiarity with fixed income securities.

· Able to prioritize multiple projects simultaneously.

· Ability to work independently to meet deadlines.

· Clear and concise written and verbal communication skills.

· Working knowledge of public and private fixed income securities including but not limited to corporate bonds, mortgages, asset back securities, bank loans, and collateralized loan obligations.

· Experience using and creating Excel workbooks and VBA Macros.

· Ownership and accountability of work product.

· Curiosity to understand processes and apply judgement in ambiguous situations.

· 2+ years relevant work experience.