Portfolio Manager – 29131

The Emerald Group; City Of London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading investment firm in London is seeking an experienced Portfolio Manager to support and lead asset strategies for reinsurance opportunities. The ideal candidate will have over 10 years of relevant experience and possess a CFA or Actuarial qualification. Responsibilities include developing asset strategies and support for credit pricing assumptions. This position offers a permanent contract.

Qualifications

• 10+ years of relevant work experience or 15+ years with a Bachelor's degree.
• Highly advanced understanding of investment concepts and analytics.

Responsibilities

• Develop transaction specific asset and hedging strategies.
• Support development of asset and credit related pricing assumptions.
• Craft target portfolio strategy for live deals.
• Work with Credit team for execution analysis.

Skills

Investment/Market Concepts

Fixed Income Analytics

Asset Liability Management

Education

Bachelor’s degree in Economics/Finance

CFA or Actuarial qualification

Job description

The Portfolio Manager is expected to support (and subsequently lead) all aspects of the asset strategy and asset risks underlying new reinsurance opportunities.

• Location: London
• Type: Permanent

Key Duties (Including but not limited to):

• 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 the Company
• 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
• 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