Associate/Senior Associate, P&C Portfolio Management

Location

Business - Wealth Solutions

Brookfield Wealth Solutions (“BWS”; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance

Brookfield Culture

Brookfield has a unique and dynamic culture.  We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader:  Entrepreneurial, Collaborative and Disciplined.  Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

Brookfield Wealth Solutions (“BWS”) is seeking a Associate / Senior Associate of P&C Portfolio Management to join our New York-based investment team. The Associate / Senior Associate will play a key role in overseeing the portfolio management of BWS’ property and casualty (“P&C”) portfolios alongside senior leadership. The role will involve day-to-day portfolio management, development and tracking towards long-term strategic asset allocation, and maintaining portfolio and capital projection models.

Key Accountabilities

• Lead development of asset allocation and deployment plans for investment portfolios backing P&C liabilities by working closely in tandem with BWS senior leadership and BAM credit and equity teams
• Lead initiatives for income enhancement and capital optimization and report on relevant metrics around risk, liquidity and capital
• Oversee day-to-day execution of investment portfolio
• Report on performance, portfolio updates, and other views to both internal and external parties
• Lead and develop team and ensure that staffing and skills are aligned with broader business needs
• Coordinate with the actuarial and finance teams on providing investment assumptions for actuarial modeling and business planning

Candidate Profile

• Bachelor’s degree with an excellent academic record, degree in a quantitative field of study a plus
• 4-6 years of insurance asset allocation, portfolio management, asset-liability management, or cross asset class experience
• Strong capabilities in MS Excel, familiarity with programming languages preferred
• Outstanding analytical and problem-solving skills
• High attention to detail, intellectual curiosity, and motivation
• Excellent verbal and written communication skills

Salary Range: $180k - $220k

Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education and designations.

Brookfield is an EEO employer and does not make hiring decisions based on status in a protected class.

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it.  Accordingly, we do not tolerate workplace discrimination, violence or harassment.