Senior Associate, EMEA Insurance, Relationship Management

Senior Associate, EMEA Insurance, Relationship Management

Full-Time 36000 - 60000 £ / year (est.) On-site
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At a Glance

  • Tasks: Support EMEA Relationship Management team in structuring solutions for insurance companies.
  • Company: Join Ares, a leading global alternative investment manager with a collaborative culture.
  • Benefits: Inclusive work environment, career development opportunities, and a chance to make an impact.
  • Other info: Ongoing applications accepted; diverse backgrounds encouraged.
  • Why this job: Be part of a dynamic team driving innovative solutions in the insurance sector.
  • Qualifications: 4+ years of insurance experience and strong quantitative modelling skills required.

The predicted salary is between 36000 - 60000 £ per year.

Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Job Description

Summary: Ares Global Client Solutions - Relationship Management focuses on fundraising across all strategies of the firm including credit, private equity, real estate, infrastructure, and secondaries to institutional investors. The candidate will support creating customised solutions for EMEA insurance companies.

Primary Skills & Essential Responsibilities:

  • Provide support to EMEA Relationship Management team with focus on structuring solutions and growing AUM with EMEA insurance.
  • In-depth knowledge of insurance balance sheet dynamics and Solvency II regime particularly in UK, Europe, Switzerland.
  • Proven track record in new idea generation and implementation of insurance friendly asset strategies.
  • Strong quantitative modelling skills applied to asset and balance sheet optimisation under MA and VA.
  • Knowledge of market risk affecting the insurance business, sources of shareholder value, and experience working with insurance balance sheets as an advisor/employee/structurer.
  • Experience working with rating agencies and negotiating legal documentation / drafting term sheets.
  • Managing internal and external processes from origination to execution.

Education/Certification:

  • Undergraduate degree or equivalent.

Required Knowledge:

  • Financial modelling as applied to insurance asset allocation.
  • In-depth knowledge of the SII regime.

Required Experience:

  • Minimum 4 years of experience with insurance focus.

Skills/Abilities:

  • Fluent in English; another European language an advantage.
  • Strong communication skills (including pitch building), great interpersonal skills.
  • Team player, fast learner.
  • High energy, enthusiasm and drive.
  • Problem solver with ability to research solutions and suggest resolutions.
  • Takes initiative and has a strong work ethic.
  • Highly motivated with the ability to set priorities, multi-task and monitor own workload to meet aggressive deadlines.
  • Proficiency in Excel, PowerPoint, VBA/coding skills preferred.

Reporting Relationships: Managing Director, Relationship Management, Europe.

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.

Senior Associate, EMEA Insurance, Relationship Management employer: Ares Management Corporation

Ares Management Corporation is an exceptional employer located in the vibrant City of Westminster, offering a dynamic work culture that fosters collaboration and innovation. Employees benefit from comprehensive growth opportunities, competitive compensation, and a strong commitment to ESG principles, making it a rewarding place for professionals looking to make a meaningful impact in logistics and asset management.

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Contact Details:

Ares Management Corporation Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Associate, EMEA Insurance, Relationship Management

✨Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

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✨Leverage Your Current Connections

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We think you need these skills to ace Senior Associate, EMEA Insurance, Relationship Management

In-depth knowledge of insurance balance sheet dynamics
Understanding of Solvency II regime
Quantitative modelling skills
Asset and balance sheet optimisation
Knowledge of market risk affecting the insurance business
Experience with rating agencies
Negotiating legal documentation

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Ares Management Corporation.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Ares Management Corporation. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at Ares Management Corporation

✨Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Ares Management Corporation to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

✨Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

✨Prepare for Behavioural Questions

As a full-timer at Ares Management Corporation, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

✨Know the Company Culture Inside Out

Understanding Ares Management Corporation's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.