Vice President/Principal, Portfolio Manager, Ares Insurance Solutions

Job Description

Ares is seeking a full-time Vice President/Principal to join our dynamic and growing Insurance Solutions team. The candidate will be an integral part of the investment team and work closely with senior members of Ares Insurance Solutions (“AIS”) on a variety of activities pertaining to the investment portfolio.

Ares is seeking a full-time Vice President/Principal to join our dynamic and growing Insurance Solutions team. The candidate will be an integral part of the investment team and work closely with senior members of Ares Insurance Solutions (“AIS”) on a variety of activities pertaining to the investment portfolio.

AIS is an in-house team that provides asset management, capital solutions and corporate development services to Ares Management’s strategic initiatives in insurance, including Ares’ new life and annuity platform, Aspida Financial (Aspida.com).

Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

The candidate will provide input for the day-to-day investment portfolio activities for senior members of Ares Insurance Solutions. Key responsibilities include, but not limited to:

• Management of existing portfolios to execute strategic asset allocation plans, ensuring alignment with AIS/Aspida goals.
• Drive ongoing discussions with asset managers on investment portfolio to include market opportunity for cash deployment, portfolio performance and ensure manager compliance with guidelines by entity.
• Help enhance investment capabilities across new asset classes to support Aspida’s competitive positioning in the market.
• Develop and manage portfolio management monitoring, tracking and reporting tools to support investment management initiatives across portfolios.
• Assist with the evaluation, due diligence of new asset class strategies and managers including implementation across Aspida entities based on investment objectives, guidelines risk appetite and ALM constraints.
• Oversee the preparation of investment committee memos and manage onboarding for new managers/strategies.
• Lead relationship with specific Aspida entities and be responsible for communicating market observations, investment strategy, portfolio positioning, performance and guideline compliance.
• Partner with Aspida for the onboarding of new clients/entities.
• Develop professional business relationships and partner with risk management, actuarial, financial and other Ares / Aspida team members to support Aspida.
• Provide mentoring and guidance to junior members on the team as AIS continues to grow.

Education: bachelor’s degree required, preferably in Economics, Math or Business. Professional designations such as CFA, CPA, FRM, CAIA, etc., MBA would be viewed favorably.

Experience/Skills Required:

• 8+ years of relevant experience as an insurance investment professional with a preference towards involvement with liability-centric portfolios and working with third-party asset managers.
• Broad strategic investment perspective with advanced knowledge of asset liability management, accounting and regulatory capital specific to life and annuity insurance companies.
• Significant exposure to fixed income insurance portfolio management across private and public markets, including portfolio performance measurement, and asset and liability management as it relates to an insurance company. Experience with structured assets is a plus.
• Experience developing and implementing strategies, creating investment policies and guidelines and building infrastructure to support needs of an insurance company’s balance sheet across multiple jurisdictions.
• High level of business integrity, together with an entrepreneurial and hands-on mindset.
• Previous experience with leading the evaluation, implementation, and oversight of external managers.
• Accuracy and attention to detail is essential with strong analytical acumen.
• Ability to work effectively in a collegial, fast moving, demanding, and dynamic environment.
• Proven record of delivering and exceeding expectations in a client-centric role across numerous stakeholders; internal and external.
• Solid quantitative/analytical and problem-solving skills; ability to multi-task in a dynamic environment.
• Strong interpersonal and communication skills; team player with a positive attitude.
• Ability to think and act as a business owner.
• Experience mentoring, teaching and training more junior team members.
• Advanced Excel and PowerPoint skills.
• Working knowledge of Bloomberg and Clearwater a plus.

Reporting Relationships

Compensation

$200,000-250,000

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.