At a Glance
- Tasks: Develop and execute innovative investment strategies to support reinsurance business.
- Company: Join RGA, a Fortune 200 company focused on life and health solutions.
- Benefits: Collaborative culture, global opportunities, and a respectful work environment.
- Other info: Embrace AI-driven processes for a modern and personalised application experience.
- Why this job: Make a real impact in financial protection while growing your career.
- Qualifications: CFA or relevant degree with extensive experience in investment strategies.
The predicted salary is between 75600 - 92400 £ per year.
You desire impactful work.
- You're
- RGA ready
RGA is a purpose-driven organization working to solve today's challenges through innovation and collaboration.
A Fortune 200 Company and listed among its World's Most Admired Companies, we're the only global reinsurance company to focus primarily on life- and health-related solutions.
Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.
A Brief Overview
The Investment Solutions team develops, recommends, and executes liability driven investment strategies, including portfolio construction and repositioning to support the acquisition of new reinsurance business.
These strategies and associated portfolios must meet business needs (sufficient return on capital, regular investment income), while considering RGA's appetite for investment risk, execution risks, and asset-liability matching.
The Portfolio Manager (I) is expected to support (and subsequently lead) all aspects of the asset strategy and asset risks underlying new reinsurance opportunities.
What You Will Do
- Develops transaction specific asset and hedging strategies that optimize excess yield vs. capital within regulatory, accounting, operating and risk management constraints.
- Supports development of asset and credit related pricing assumptions for Asset Intensive transactions, Structured Reinsurance transactions and upfront cash settled transactions involving credit risk to RGA.
- Craft target portfolio strategy for live deals to deliver the required risk-adjusted return for the transaction in partnership with the rest of the Investments.
- Work with Credit team to determine best path to execution, including analysis of the client's existing portfolio and the creation of a target portfolio given the portfolio strategy.
- Communicate the target portfolio strategy to various interested parties within RGA and gain approval for the target strategy.
- Negotiate investment guidelines and treaty terms with clients to deliver the flexibility necessary to manage asset risk and generate target return.
- Support (and subsequently lead) efforts to close the asset side of the transaction, including operational aspects of receiving the client portfolio.
- Direct the reposition required to move from the client's portfolio strategy to RGA's target strategy.
- Suggest and review new tools and frameworks to improve new business pricing process.
- Develop relationships with external contacts and internal cross-functional areas.
- Direct the efforts of analysts to support the transaction.
Qualifications & Experience
Required
- CFA and/or Actuarial qualification and 10+ years relevant work experience Or Bachelor's degree in Economics/Finance related field with 15+ years relevant work experience
- Highly advanced understanding of investment/market concepts, especially fixed income analytics (i. e. sector weightings, portfolio duration, performance attribution, convexity and term structure of interest rates, spread)
- Highly advanced knowledge of asset liability management
Preferred
- Technology savvy, programming and process improvement/automation skills
- 5+ years corporate credit experience
- 5+ years alternative investment experience
- 5+ years fixed income management experience in an insurance client environment
- Expert understanding of investment/market concepts, especially in the context of insurance asset management
- Demonstrable track record of the successful implementation of investment strategies, especially in an insurance or reinsurance context
What you can expect from RGA
- Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
- Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
- Join the bright and creative minds of RGA, and experience vast, endless career potential.
We're excited to get to know you and connect your unique skills with our global opportunities.
To create a modern and seamless experience, we use artificial intelligence (AI) in parts of our preliminary screening process.
This technology helps us personalize job recommendations, automate interview scheduling, evaluate candidates based solely on experience-without considering name, gender, or other personal details-and provide real-time answers through our chatbot.
AI is used only during early screening and never makes hiring decisions.
Your RGA recruiter will work closely with you every step of the way to ensure the process feels personal, thoughtful, and focused on you.
#J-18808-Ljbffr
Portfolio Manager I in London employer: CFA Institute
M&G plc is an exceptional employer that prioritises employee wellbeing and professional growth, offering a comprehensive benefits package including an 18% pension scheme, generous annual leave, and robust family support policies. Our inclusive work culture fosters collaboration and innovation, ensuring that every team member can thrive while contributing to our mission of providing confidence in financial solutions. Located in a vibrant area, we embrace flexible working arrangements to support a healthy work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Portfolio Manager I in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like CFA Institute. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Portfolio Manager I in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to CFA Institute.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on CFA Institute's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at CFA Institute
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with CFA Institute.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at CFA Institute will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former CFA Institute employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
