Deputy Chief Investment Officer
Location: 100% Remote (West Coast preferred; occasional travel to San Francisco & Los Angeles)
Preference for candidates domiciled in PST or MST time zones.
Type: Full-Time, Permanent
We are partnering with a well-capitalized, fast-growing life and annuity insurer, backed by a premier global financial institution and in the middle of a multi-billion-dollar U.S. expansion. The firm is hiring a Senior Director of Investments to lead the investment strategy behind its individual annuity business (fixed and fixed indexed annuities), reporting directly to the CFO.
Responsibilities:
- Strategic asset allocation: develop and recommend SAA and TAA aligned to liabilities, profitability, liquidity and capital, and run ALM, stress-testing and optimisation work
- Portfolio oversight: IG fixed income, commercial mortgage loans, derivatives and alternatives, monitoring credit quality, duration, liquidity and performance against liabilities
- External managers: manager selection and due diligence, mandate compliance, performance and fee oversight
- Risk and capital: work with Actuarial on risk tolerances and assess the impact of investment decisions on earnings, surplus, RBC and rating agency metrics
- Hedging: oversee the annuity hedge programmes, including effectiveness, cost, collateral and counterparty risk
- Governance: lead investment governance and reporting to the CFO, the Investment Working Group and the Investment Committee
Requirements:
- 10+ years of investment management experience, with significant exposure to life insurance portfolios and annuity liabilities
- 8+ years of people management
- Strong grounding in ALM, fixed income, derivatives, regulatory capital and STAT/GAAP considerations
- Experience managing external managers and presenting to senior executives and Board or committee audiences
- Bachelor’s degree in Finance, Economics, Accounting, Mathematics or a related field; MBA or CFA preferred
