Head of OCIO Insurance - Global Investment Office, Executive Director

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Outsourced Chief Investment Officer (“OCIO”) group partners with Morgan Stanley Financial Advisors across all channels to offer full discretion portfolio management services to institutional and private clients (e.g., Defined Benefit plans, Endowments, Foundations, Ultra-High Net-Worth, Family Offices, etc.) of Morgan Stanley Wealth Management.

Purpose:

This role will lead the buildout of Morgan Stanley’s OCIO insurance proposition—developing portfolio solutions and repeatable advisor tools for insurance companies and insurance asset pools (captives, reinsurers, run-off, etc.). The leader will partner with Financial Advisors, consultants, and internal product teams to win mandates and deliver institutional-quality outcomes

Responsibilities

• Own the insurance OCIO solution roadmap: define target segments (P&C, life, health, reinsurance, captives/risk retention groups), value prop, model portfolios, constraints, guidelines, and implementation playbooks.
• Translate insurance constraints into portfolios (ALM, liquidity, capital charges, ratings, duration/cash-flow, surplus optimization).
• Develop advisor resources: training, pitch materials, diagnostic questionnaires, IPS templates, and proposal toolkits tailored to insurance asset pools.

• Partner cross-functionally with product, research, trading/implementation, risk, legal/compliance, and ops to industrialize the offering.
• Manage client portfolios’ asset allocation and manager selection as well as risk management and monitoring within insurance regulatory/accounting constraints
• Engage with clients to perform client discovery, draft investment policy statements, provide quarterly reporting, etc.
• Oversee operational excellence for insurance OCIO accounts in partnership with trading, reporting, and custody partners
• Along with other subject matter experts, create institutional content such as white papers for advisors to use with clients and prospects to engage on topics related to the areas of expertise

Qualifications

• 12+ years’ experience building out solutions and servicing institutional insurance assets in an asset management or investment consulting capacity
• Demonstrated expertise advising or managing portfolios for insurance asset pools, including liquidity and collateral considerations.
• Deep working knowledge of insurance regulatory capital and reporting frameworks (e.g., NAIC/RBC, statutory accounting; plus exposure to Bermuda/Solvency II/IFRS as relevant), and ability to translate constraints into portfolio construction and tradeoffs
• Experience with ALM-informed portfolio design (duration/convexity, cash-flow matching, liquidity stress, surplus optimization)
• Experience and knowledge in investment platforms and vehicles, including managed account platforms, mutual funds, ETFs, separate accounts, and alternative investments
• Experience and knowledge in global capital markets, technical expertise across asset classes
• Firm understanding of portfolio management concepts including modern portfolio theory, asset allocation, portfolio construction, manager selection, risk management and performance attribution
• Proficiency in Microsoft Office including Excel, PowerPoint, and Word
• Strong organizational and project management skills
• Must be very detail-oriented, with an ability to multi-task and handle multiple priorities
• Exemplary verbal and written communication skills
• Proactive & hard working with strong professional accountability
• Undergraduate degree is required
• Graduate degree, CFA, CAIA and other professional designations are preferred
• FINRA Series 7 and 66 (or 63 and 65) licenses required or willingness to obtain within 180 days of hire (additional licensing may be required)

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years.  Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

Expected base pay rates for the role will be between 175,000 and 265,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).