Manager, Investments - Retail Business

Job Description

Job Summary

The Manager, Investments primary responsibilities are to support the company's retail annuities and life business and its initiatives, including new business pricing, product development, investment performance monitoring, and reinsurance/capital initiatives. In addition, this role will also lead Investment-related modeling and analytic support to various internal functions, including Retail Pricing, Risk and Reinsurance.

Duties and Responsibilities

Retail Pricing Support:

Responsible for the oversight and management of BAU submissions related to Retail pricing, encompassing weekly new business investment assumptions, monthly retail portfolio analytics, and retail performance tracking.

Strategic Asset Allocation:

Collaborate with Investment Central Vertical to set parameters for Retail Strategic Asset Allocation

Dynamic Asset Allocation:

Conduct periodic retail new business optimization exercises, considering asset and liability characteristics while optimizing key investment metrics.

Tactical Asset Allocation:

Review economics & credits of special investment opportunities, and ultimately set recommendation to enhance retail investment performance.

Retail Portfolio Monitor & Rebalance:

Perform periodic review of the retail portfolio and partner with Blackstone analysts on relative value analyses and ultimately make recommendations for rebalance strategies to enhance portfolio investments.

Retail ALM:

Oversee asset & liability projections by partnering with corporate actuarial and retail pricing.

Incorporate ALM views into Investment decision making process.

Reinsurance Portfolio Monitor:

Lead the design and implementation of Retail FWH portfolio and ALM monitoring process.

Make recommendations for investment strategies to enhancement Retail/Reinsurance objectives.

Reinsurance Transaction Execution:

Support Retail reinsurance transactions by managing the asset selection process & review of investment guidelines.

Resegmentation:

Oversee the quarterly resegmentation process to ensure sufficient assets are backing each line of business.

MYP and CFT Support:

Provide support on Retail Investments for the Multi-year Projection and Cashflow Testing processes.

Experience and Education Requirements

7+ years of experience related to asset management, portfolio analytics, or credit research.

Bachelor's degree in mathematics, statistics, finance, actuarial science or related field.

Progression towards attainment of CFA or similar professional designation is preferred.

Life insurance product knowledge (e.g., FIA, MYGA, IUL, etc.) is preferred.

Knowledge, Skills & Abilities

Effective verbal and written communication skills

Superior analytical and problem-solving skills

Team player who is comfortable working in a dynamic, entrepreneurial environment

Proficiency with SQL, Tableau, Power BI or Alteryx is a plus.

Proficiency with Factset, Bloomberg, Aladdin, Intex, AXIS, or similar asset modeling software is a plus.

Other Requirements

Perform other functions, duties and projects as assigned

Regular and punctual attendance

Some travel required (less than 10%)

#IND-HP

#LI-MK1

#LI-Remote

Additional Information

Work Environments

F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements. During the hiring process, you'll work with your leader to decide what works best for your role.

F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G. If reasonable accommodation is needed to participate in the job application or interview process, please contact .

Join our employee-centric hybrid work environment: F&G Careers

About F&G

Since 1959, Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life's unexpected events.

As a national Top Workplace1, an Iowa Top Workplace2 and a proud equal opportunity employer, F&G team members are empowered, collaborative, dynamic and authentic. We believe that by embracing these values, we will continue to build and strengthen the company while continuing to be a great place to work.

1Top Workplaces USA 2022 – 2023

2Des Moines Register Top Workplaces 2018 – 2022

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