VP, Investment Partnerships, Jackson Accounts

PPM America • Chicago, IL

6d • $150,000 - $190,000

About The Position

PPM is a US-based institutional asset manager. Established in Chicago in 1990, PPM exists to consistently support institutional clients in achieving their long-term value goals. We take a hard work, straight talk, full transparency and humility approach to our work. Our success is supported by a team-based culture that encourages debate, collaboration and consistency. At the center of our belief is the fact that our best ideas to date have and can come from any team member anywhere in our firm. We believe the success of our investment culture is best demonstrated by the strong retention of our clients and investment professionals. PPM was again named one of the Best Places to Work in Money Management by Pensions & Investments in 2024. We attract professionals who exhibit humbleness, directness, and dedication. PPM’s values guide our internal conduct and help define the type of relationships we share with our investors, affiliates, and other valued partners. Above all, PPM is passionate about giving back to our clients, to each other, and to our community. We understand that community and purpose are just as important as the job description when finding your next career.

The Jackson team is responsible for overseeing the management of Jackson’s general account and is responsible for asset allocation, capital management, risk management and the evaluation of new asset classes. The team is focused on delivering outstanding investment results for Jackson while enhancing strategic collaboration with Jackson’s product, asset/liability management and actuarial teams. The group also assists PPM’s Global Client Group in developing solutions to support third-party clients in the insurance channel.

The VP, Investment Partnerships, Jackson Accounts is responsible for leading the communication and interaction with Jackson's external investment managers.

Requirements

• Strong written and verbal communication skills, along with a record of professional and academic achievement required.
• Strong customer service orientation.
• Broad understanding of a variety of asset classes, including high yield direct lending, residential mortgage loans, and asset-backed finance.
• Knowledge of investment theory, capital markets, and the economy, with particular emphasis on fixed income markets.
• Good understanding of the implications of investing for a life insurance / annuity company general account, including cash flow matching and statutory accounting rules, among others.
• Strong communication skills.
• Ability to deal effectively with people in a variety of relationships and situations, and work in a team environment.
• Highly developed organizational skills and the ability to manage multiple tasks and projects.
• Bachelor's Degree in Finance or a related field required.
• 8+ years of relevant experience required.

Nice To Haves

• Previous experience working with external asset managers is preferred.
• Previous experience with investment analytical tools such as Bloomberg, Excel, Aladdin, etc.
• Masters of Business Administration (MBA) or Chartered Financial Analyst (CFA), or pursuit towards either, is preferred

Responsibilities

• Acts as principal point of contact between PPM and all external managers of general account assets.
• Provides guidance on desired investment characteristics to external managers given Jackson’s product sales, liability characteristics, and other considerations.
• Prepares and presents monthly content detailing external manager investment types, investment performance, and historical trends.
• Updates PPM and/or Jackson professionals on issues that may arise with external managers from a partnership perspective, as well as any other concerns related to external investment managers.
• Provides support for reporting and portfolio analysis, including preparation of required monthly and quarterly reports.
• Ensures externally-managed investment portfolios adhere to investment guidelines and regulatory requirements.
• Establishes and monitors the data feeds between external managers and PPM/Jackson to confirm accuracy.
• Attends conferences and meetings sponsored by external managers, as appropriate.
• Determines solutions for potential operational issues with external managers.
• Directs searches for additional external managers or asset classes based on initiatives put forward by PPM/Jackson.
• Partners with Quantitative and Risk Management professionals to provide Jackson with portfolio analytics which incorporate external manager investments.
• Performs special assignments as required and occasionally acts as a business liaison on technology-oriented projects.
• Performs other duties and/or projects as assigned.

Benefits

• Competitive salary and bonus
• Medical, dental and vision coverage
• For eligible employees, $2 for $1 matching on 401k contributions, up to a max matching contribution of 12% of your eligible compensation.
• Tuition and professional certification reimbursement
• Paid parental leave
• Adoption assistance
• Holidays and paid time off
• Paid time off to volunteer

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level