Investment Solutions Portfolio Manager II

2 weeks ago


Des Moines, Iowa, United States Reinsurance Group of America Full time

Position Overview:
The Investment Solutions team is dedicated to crafting, proposing, and implementing liability-driven investment strategies. This includes portfolio construction and adjustments aimed at facilitating the acquisition of new reinsurance business.

These strategies and their corresponding portfolios are designed to align with business objectives, ensuring adequate returns on capital and consistent investment income, while also taking into account RGA's risk appetite, execution challenges, and asset-liability alignment.

Key Responsibilities:
- Formulate transaction-specific asset and hedging strategies that maximize excess yield relative to capital, adhering to regulatory, accounting, operational, and risk management parameters.
- Establish asset and credit pricing assumptions for various transaction types, including Asset Intensive and Structured Reinsurance transactions.
- Develop a target portfolio strategy tailored to specific opportunities, aiming for superior risk-adjusted returns in collaboration with Portfolio Management.
- Collaborate with the Credit team to identify optimal execution paths, analyzing existing client portfolios and designing target portfolios based on the established strategy.
- Present the target portfolio strategy to key stakeholders within RGA, including executive leadership, and secure necessary approvals.
- Negotiate investment guidelines and treaty terms with clients to ensure flexibility in managing asset risks and achieving target returns.
- Oversee the asset transaction closure process, including operational steps for integrating client portfolios.
- Direct the necessary repositioning from the client's portfolio strategy to RGA's target strategy.
- Recommend and evaluate new tools and frameworks to enhance the new business pricing process.
- Cultivate relationships with external partners and internal teams across functions.
- Lead analysts in supporting transaction efforts.
- Undertake additional responsibilities as required.

Qualifications:
Required:
- MBA with 5+ years of relevant experience, or a Bachelor's degree in Economics/Finance with 10+ years of relevant experience.
Preferred:
- CFA designation or significant progress towards it.
- Proficiency in technology, programming, and process improvement/automation.
- 5+ years of experience in corporate credit, alternative investments, and fixed income management within an insurance context.

Skills and Abilities:
Required:
- Exceptional investigative, analytical, and problem-solving capabilities.
- Advanced proficiency in Microsoft Office, particularly Excel.
- Strong Bloomberg skills.
- Excellent oral and written communication skills, with the ability to convey complex information effectively.
- Advanced negotiation skills for internal and external discussions.
- Strong customer relationship management and change management abilities.
- In-depth understanding of investment and market concepts, particularly fixed income analytics.
- Comprehensive knowledge of asset-liability management.
- Ability to set objectives and manage multiple tasks and projects concurrently.
- Strong teamwork skills and participation in departmental projects.
Preferred:
- Expert knowledge of investment and market concepts, especially in insurance asset management.
- Proven track record of successfully implementing investment strategies in insurance or reinsurance settings.

Company Overview:
Reinsurance Group of America, Incorporated (RGA) is a leading global provider specializing in life and health reinsurance and financial solutions that assist clients in effectively managing risk and optimizing capital. RGA is committed to fostering a diverse, equitable, and inclusive workplace where all employees are valued and supported to reach their full potential.



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