Director, Insurance Indices - Multi Asset Product Management

S&P Global; New York (NY); On-site; USD 160,000 - 210,000; Full time

Job summary

An established industry player is seeking a Director for Insurance Indices within their Multi-Asset Product Management team. This pivotal role involves developing innovative indices tailored for the insurance sector, including Fixed Indexed Annuities and Indexed Universal Life products. The ideal candidate will leverage their extensive experience in the indexed insurance ecosystem, showcasing their expertise in product development and strategic execution. With high visibility and the opportunity to collaborate with senior leaders and diverse teams, this position promises a rewarding challenge in a dynamic environment focused on client success and market leadership.

Qualifications

• 7+ years in indexed insurance products, technical or actuarial role.
• Strong communication skills and track record in product development.

Responsibilities

• Create product strategies for multi-asset indexed insurance market.
• Collaborate with teams to strengthen client relationships and promote indices.

Skills

Communication Skills

Analytical Skills

Product Development

Entrepreneurial Mindset

Education

Undergraduate degree in Mathematics or Finance

Masters degree in a relevant field

Tools

Python

R

Matlab

FactSet

Capital IQ

Bloomberg

MSCI / Barra

Axioma

Job description

About the Role:
Grade Level (for internal use):
13 S&P Dow Jones Indices

The Role: Director, Insurance Indices, Multi-Asset Product Management

The Firm
S&P Dow Jones Indices (S&P DJI) is the world's leading resource for benchmarks and investable indices. Our solutions are widely considered indispensable in tracking market performance, evaluating portfolios, and developing investment strategies.

The Team
Product management plays a lead role in developing new indices and managing the existing product suite. Focused on developing solutions for a broad range of clients, the Multi-Asset Product Management team is responsible for the P&L of outcome-oriented index solutions such as managed volatility, options strategies, retirement, dynamic allocation, and liquid alternatives. This is an exciting opportunity to join a product team in a growth stage.

The Role
The team is seeking a Director to support and promote our multi-asset indices for the Insurance Segment. The candidate will be responsible for developing new indices targeting Insurance products including, but not limited to, Fixed Indexed Annuities (FIAs), Indexed Universal Life (IULs), and Registered Indexed-Linked Annuities (RILAs). This will be done by generating new internal ideas pushed to the market, as well as proactively working on ideas coming from the market (clients, partners).

The role will also help develop, shape, and execute the insurance business strategy working with commercial teams. This is a highly technical role, but also requires effective communication and collaboration skills, and a commercial-focused mindset on maximizing P&L.

What's in it for you

• Regular interaction with clients to develop new strategies and act as subject matter expert on methodologies
• The opportunity to be a spokesperson for the world's most prominent and important multi-asset indices
• High visibility to senior leaders within our organization and with our key clients
• A challenging but rewarding role that requires collaboration with a wide range of internal teams and clients

Responsibilities

• Create product strategies, particularly development of multi-asset strategies for the indexed insurance market, develop product positioning, and help drive the commercial success of the multi-asset franchise
• Partner with client coverage, channel management, and marketing teams to strengthen our relationships with clients
• Be a subject matter expert on index methodologies
• Promote our indices via client meetings, webinars, and conferences
• Oversee the new index launch process
• Collaborate with a wide range of internal teams including research & design, client experience, governance, index management and production group, and communications
• Publish thought leadership including presentations, papers, blogs, index analysis, and commentary

What we're looking for

• 7+ years of experience working in the indexed insurance product ecosystem in a technical, product, or actuarial role, either at an insurance carrier or structured/QIS desk at an investment bank, or similar
• Strong communication skills - written, verbal and presenting
• Progress towards, or obtained the FSA or ASA designation
• Undergraduate degree or equivalent in mathematics, finance, or a related field
• Proven track record in product development and/or research
• Strong analytical and quantitative skills as well as attention to detail
• Demonstrated ability to work independently and as part of a team
• Entrepreneurial mindset with willingness to roll up the sleeves and execute

Preferred Skills and Experience

• Masters degree or equivalent in a relevant field
• Progress towards, or obtained a CFA charter
• Programming skills (Python, R, Matlab)
• Knowledge of analytical platforms such as FactSet, Capital IQ, Bloomberg, MSCI / Barra, or Axioma

Compensation/Benefits Information (US Applicants Only):
S&P Global states that the anticipated base salary range for this position is $160,000 to $210,000. Base salary ranges may vary by geographic location. In addition to base compensation, this role is eligible for additional compensation such as an annual incentive bonus.

Right to Work Requirements:
This role is limited to persons with indefinite right to work in the United States.

About S&P Global Dow Jones Indices

At S&P Dow Jones Indices, we provide iconic and innovative index solutions backed by unparalleled expertise across the asset-class spectrum. By bringing transparency to the global capital markets, we empower investors everywhere to make decisions with conviction. We're the largest global resource for index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500 and the Dow Jones Industrial Average. With over USD 7.4 trillion in passively managed assets linked to our indices and over USD 11.3 trillion benchmarked to our indices, our solutions are widely considered indispensable in tracking market performance, evaluating portfolios and developing investment strategies.

Equal Opportunity Employer
S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law.