Insurance Investment Solutions: Associate

BlackRock • New York, NY

8d • $116,000 - $155,000 • Hybrid

About The Position

About this role BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. BlackRock’s mission is to create a better financial future for our clients. We have a responsibility to be the voice of the investor, and we represent each client fairly and equally. Constant communication with a diverse team of partners strengthens us and delivers better results for our clients. Continuous innovation helps us bring the best of BlackRock to our clients. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs. Insurance Investment Solutions: Associate The Insurance Solutions Group provides a wide range of advisory, portfolio construction, capital formation and whole portfolio solutions to insurers globally. Within the Insurance Solutions Group, the Insurance Investment Solutions team combines its knowledge of insurance liabilities, asset-liability management, insurance regulation and financial modelling with portfolio construction, asset allocation and risk management expertise to support BlackRock's insurance clients, partners and investment teams with the design and delivery of tailored mandates and investor risk assessments. The Insurance Investment Solutions team is hiring for an Associate in the Americas region to support the team’s responsibilities below. Insurance Investment Solutions Associates are regional insurance investment experts who assess local needs and work with client and investment teams to design and deliver appropriate mandates for insurers.

Requirements

• At least 3 years of professional experience in insurance investment strategy or related experience gained via an asset manager, investment bank, consultancy, or insurance company
• Practical experience and/or knowledge of investment strategy design, asset classes, and asset-liability management techniques used by insurers
• Some familiarity with the accounting, regulatory, risk management and strategic frameworks under which insurers in the region operate
• Excellent communication skills and the ability to explain complex topics to non-technical individuals, both verbally and in writing
• Excellent problem-solving abilities, intellectual curiosity, and experience understanding and solving complex issues
• High level of integrity enabling the candidate to become a trusted partner to clients and peers
• Proficiency in Python, VBA, R, or other programming languages a plus

Nice To Haves

• Progress towards or attainment of professional designations such as CFA, FRM, CAIA, FSA, etc. would be viewed favorably, but not essential

Responsibilities

• Assist with BlackRock’s coverage of insurers (particularly C-Suite officers, the Head of ALM, the Chief Actuary and Head of Asset Allocation) through technical engagement of enterprise objectives and the implications of these objectives on their investment strategy with a view to building relationships based on knowledge and trust which lead to the origination of commercial opportunities
• Work directly with clients and internal partner teams on advisory engagements focused on asset allocation, risk and capital management, and ALM with a view to guiding the client towards the most appropriate investment solution or investment product given their unique considerations and objectives
• Support all internal portfolio management and product strategy teams, and all distribution channels across the platform, with insurance investment, regulatory, accounting and liability expertise to help them position or design investment management products and services in a way that is appropriate for insurers
• Develop a thorough knowledge of BlackRock’s capabilities, products and services, and integrate this knowledge into analytical solutions for insurers.
• Identify gaps in existing provision and drive the development of new services
• Assist with the production of insurance focused research and thought leadership publications
• Maintain strong relationships with internal partners in the BlackRock Investment Institute (economists), Financial Modelling Group (quantitative modelers), Financial Institutions Group (client relationship managers), and relevant investment teams to drive holistic portfolio solutions for insurers to generate strong commercial outcomes

Benefits

• employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits
• strong retirement plan
• tuition reimbursement
• comprehensive healthcare
• support for working parents
• Flexible Time Off (FTO)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed