Insurance Portfolio Management Associate

4 days ago


New York, New York, United States Ares Management Full time
Job Title: Insurance Portfolio Management Associate

Ares Management is seeking a highly skilled and motivated Insurance Portfolio Management Associate to join our dynamic and growing Insurance Solutions team.

The successful candidate will provide day-to-day operations and analytics support across all aspects of our business, working closely with senior members of Ares Insurance Solutions on a variety of activities.

Key Responsibilities:
  • Monitor and analyze investment portfolios to develop an understanding of positioning and how the team can enhance portfolios to support the objectives of Aspida.
  • Prepare and maintain investment dashboards and reports, e.g. actual vs planned cash deployment, actual vs planned investment returns, standard portfolio and risk analytics, etc.
  • Help with the evaluation, due diligence and onboarding of new managers and new asset strategies
  • Partner with Aspida for the onboarding of new clients/entities as well as implementing the set-up of new investment strategies
  • Assist with client relationships for Aspida entities specific to investment portfolio
  • Support development of investment guidelines for new entities for implementation with managers
  • Collaborate with Ares / Aspida Accounting and Operation functions to ensure investment data integrity
  • Prepare investment committee memos, board presentations, regulator and / or rating agency materials
  • Provide ad-hoc analytical and reporting support as needed by the AIS Team
Requirements:
  • Minimum of 2+ years of asset management, investment consulting, investment banking, or other financial services experience with solid quantitative, financial, and analytical skills
  • Familiarity with insurance concepts helpful
  • Knowledge of core (insurance) asset classes and fundamental investment framework / analytics
  • Accuracy and attention to detail is essential with strong analytical acumen
  • Experience in working with investment data
  • Private equity caliber drive and self-motivation; ability to work effectively in a collegial, fast moving, demanding, and dynamic environment
  • Creative problem solver, with intellectual curiosity, positive attitude, and hands on attitude
  • Strong interpersonal and communication abilities; team player
  • Advanced Excel skills and experience in model building / validation
  • Ability to think and act as a business owner
  • Working knowledge of Bloomberg and Clearwater a plus
  • Bachelor's Degree required, preferably in Actuarial Science, Business, Economics, Finance, Business Management, or Mathematics. Professional designations such as CFA, CPA, FRM, CAIA, etc. or an accredited actuarial qualification would be viewed favorably, but not essential
Benefits:

Ares Management offers a comprehensive benefits package, including comprehensive medical/Rx, dental and vision plans, 401(k) program with company match, flexible savings accounts (FSA), healthcare savings accounts (HSA) with company contribution, basic and voluntary life insurance, long-term disability (LTD) and short-term disability (STD) insurance, employee assistance program (EAP), and commuter benefits plan for parking and transit.

Ares Management also offers a number of additional benefits, including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.



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