AVP, Risk, Europe – 29148
London
The role will represent Risk on the Europe and North America Market Leadership Committee, be expected to fulfil the UK branch ‘SMF 4 – Chief Risk’ regulated responsibilities and report to the Global VP, Risk.
Portfolio Manager – 29131
The Portfolio Manager is expected to support (and subsequently lead) all aspects of the asset strategy and asset risks underlying new reinsurance opportunities.
Ref: 29131
- Location: London
- Category: Portfolio Management
- Type: Permanent
Overview
Key Duties (Including but not limited to):
- Develops transaction specific asset and hedging strategies that optimize excess yield vs. capital within regulatory, accounting, operating and risk management constraints
- Supports development of asset and credit related pricing assumptions for Asset Intensive transactions, Structured Reinsurance transactions and upfront cash settled transactions involving credit risk to the Company
- Craft target portfolio strategy for live deals to deliver the required risk-adjusted return for the transaction in partnership with the rest of the Investments
- Work with Credit team to determine best path to execution, including analysis of the client’s existing portfolio and the creation of a target portfolio given the portfolio strategy
Qualifications required:
- CFA and/or Actuarial qualification and 10+ years relevant work experience Or Bachelor’s degree in Economics/Finance related field with 15+ years relevant work experience
Experience required:
- Highly advanced understanding of investment/market concepts, especially fixed income analytics (i.e. sector weightings, portfolio duration, performance attribution, convexity and term structure of interest rates, spread)
- Highly advanced knowledge of asset liability management