Senior Insurance Specialist

Aegon Asset Management is a leading global investor, our employees work from 13 locations across Europe, the Americas and Asia. We advise on assets for a global client base of pension plans, public funds, insurance companies, banks, wealth managers, family offices and foundations. We share a common belief in fundamental, research-driven active management, underpinned by effective risk management and a commitment to responsible investment.

Our people are our greatest asset, and we want Aegon Asset Management to be a place where they can bring their authentic self to work and do all they can to deliver on our strategic promises to our customers. We help people live their best lives. We help them with the big stuff, for the moments that matter.

Are you seeking a career in an inspiring, enthusiastic, international, entrepreneurial and agile environment? Want to be part of a team that energetically manages portfolios of Alternative Fixed Income? Would you like to be involved in our dedicated Insured Strategies? If so, Aegon AM should be your next employer!

The Alternative Fixed Income team focuses on delivering alluring risk-adjusted returns, by investing in less traditional or less liquid assets within the Fixed Income universe. The team covers a large spectrum of investment opportunities, including ABS/Structured Finance, Private ABS, Private Debt, Consumer loans, Renewables, Private Placements and Insured Strategies (ECA/government guaranteed loans and Insured Credit). The team manages around €81 billion in assets, predominantly for external clients, such as pension funds, insurance companies, banks and wholesalers.

We are looking to expand the Insured Strategies team with a Senior Insurance Specialist. Based in London, you will be involved in the end to end execution of insured transactions with particular focus on the Insured Credit strategy including driving new business origination, structuring and managing existing transactions. Reporting into the Head of Insured Strategies and EU Private Placements, the responsibilities of this role will entail:

• Negotiation, structuring and execution of Insured Credit transactions directly with transaction parties.
• In-depth analysis and negotiation of structures and legal documentation, including insurance policies, covering multiple asset classes.
• Assisting with comprehensive credit analysis, transactional due diligence and analysis of structural risks and mitigants.
• Monitoring and management of the portfolio and insurance policies, including periodic review and turn around management in case of a non-payment event.
• Building excellent relationships with sourcing parties such as insurance brokers, insurance companies, multilateral development and commercial banks and tech platforms with the aim of sourcing suitable investment opportunities for the portfolio.
• Identifying and developing client-focused products and origination strategies for the Insured Credit strategy.
• Commercial activities, including giving pitches to potential investors and maintaining relationships with existing investors for the Insured Credit strategy.

We'd love to hear from you if you:

• Have work experience in the field of credit insurance underwriting / broking or a legal / bank professional with credit insurance experience.
• Have in-depth knowledge of the credit insurance market and a broad knowledge of private credit instruments and enjoy in-depth documentary review and negotiation.
• Have the ability to assess new products from quick-scan stage to comprehensive review & execution.
• Are a dedicated team player with a hands-on mentality and you are both solution and detail oriented.
• Have high level drive, achievement oriented and with a deal maker mentality.
• Have very excellent communication skills with ability to communicate technical topics to non-technical stakeholders and able to give pitches to internal and external stakeholders and (potential) investors.
• Have proven influencing and relationship management skills and you are able to challenge conventional practices and pursue constant improvement.
• Excel in people skills, in order to build nourishing relationships with sourcing parties and the credit insurance market.
• You like to work within an active environment and are comfortable with hybrid working with cross-border teams.
• Possess distinguished analytical skills, and ability to analyse insurance policy documentation and ability to understand complex legal documentation.
• Knowledge of SPV repack structure (preferred).

What's in it for you?

• A competitive salary, depending on the experience you can bring.
• A non-contributory pension between 9%-13%.
• A discretionary bonus, depending on personal and company performance.
• 27 days leave per year (plus bank holidays, pro-rated for part-time).
• We also offer private medical cover, life assurance, critical illness cover, enhanced parental leave and a variety of lifestyle benefits to help our staff live their best lives, including retail discount vouchers, cycle2work scheme, subsidised restaurant and online GP appointments.

At Aegon Asset Management, we are committed to fostering a diverse workforce and an inclusive culture. We are more than a global Asset Management firm - we are a people business, and we recognise that delivering excellent client outcomes comes from embracing diverse perspectives. We value diversity in the full range of human uniqueness without limitation including race, gender, ability, language, culture, beliefs, age, origin, background, perspectives and experiences. We are open to considering flexible working practices. Please talk to us about what this means for you.

We serve a diverse, ever-changing world. It’s tough, but we work tirelessly to leave things better than we find them. If that sounds like the sort of place you’d like to work, hit the Apply button.

The legal bits: We'll need you to confirm you have the right to work in the UK. If we offer you a job and you accept, there are some checks we need to complete before you can start with us. This will include a credit and criminal record check, as well as providing satisfactory references. This role falls in scope of the Certification Functions subject to the Senior Manager and Certification Regime, your ongoing employment is conditional upon you being deemed a fit and proper person and maintaining your certification.