AIM AVP Investment Manager

4 days ago


Minneapolis, Minnesota, United States Allianz US Life Full time
About the Role

At Allianz US Life, we're seeking an experienced Investment Manager to join our Asset and Investment Management team. As an Investment Manager, you will be responsible for leading the sourcing, due diligence, and execution of new investment opportunities and monitoring of in-force alternative asset strategies.

Key Responsibilities
  • Develop new relationships and use existing asset manager and fund manager relationships across private and alternative debt strategies for the Allianz Life general account portfolio to fulfill growth and income goals consistent with asset allocation targets.
  • Lead and coordinate all aspects of comprehensive due diligence and document review for new strategies, including collaborating with AIM and Allianz Life expert teams across accounting, tax, legal, risk, and operations functions.
  • Conduct deep-dives and periodic reviews of alternatives portfolio to assess performance, changes in risk profile, collateral composition, and macro/regulatory trends.
  • Oversee asset manager selection and performance monitoring across relevant KPIs, with particular focus on yield-enhancing strategies.
  • Coach and mentor junior professionals on the team.
  • Lead asset class research and financial modeling for alternative assets with a focus on private debt (direct senior lending, junior debt, and opportunistic) with the perspective of relative value, capital efficiency, and risk assessment for insurance balance sheet.
  • Conduct deep dives focused on fund collateral composition, credit subordination, stress testing, ratings migration trends, payment waterfalls, and capital consumption under RBC and S&P capital models.
  • Oversee preparation of regular asset class reports; support the preparation and sharing of investment narratives within AIM and external partners in collaboration with other investment management functions.
  • Lead asset manager selection and oversight on assessing performance and other KPIs for separate accounts and fund managers for the Allianz Life general account portfolio in collaboration with AIM and global colleagues.
  • Collaborate with portfolio allocators on investment recommendations within alternative assets sub-sectors with view on SAA and portfolio fit, capital consumption, liquidity, and excess returns.
Requirements
  • 8+ years of relevant work experience at an insurance company, bank, or asset manager with focus on private debt and alternative assets in a client-facing capacity.
  • Strong leadership and excellent verbal and written communication skills (storytelling ability with market and portfolio data).
  • Investment systems experience for alternative assets modeling (Excel, Bloomberg, Aladdin, and eFront, etc.).
  • Four-year degree required: Accounting, Finance, Mathematics, Economics, or related technical field.


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