Senior Insurance Portfolio Manager - ALM & Returns

National Life Group; Montpelier (VT); On-site; USD 206,250 - 302,500; Full time

Benefits offered by this job

Comprehensive benefits program

Medical, dental, and vision

401(k) eligibility

Paid time off

Discretionary annual incentive programs

Job summary

National Life Group is looking for an Insurance Investment Portfolio Manager to oversee its investment portfolio, ensuring optimal risk-adjusted returns. The role involves managing asset allocation and collaborating with actuarial teams for asset-liability matching.

The ideal candidate should have a Bachelor’s degree in Finance or related fields, with 5–12+ years of relevant experience. The position offers a comprehensive benefits program.

Base pay ranges from $206,250 to $302,500 USD.

Qualifications

• 5–12+ years of experience in institutional asset management, insurance investments, or fixed‑income portfolio management.
• Strong understanding of insurance balance sheets and statutory accounting.
• Experience with ALM frameworks and capital modeling.
• Deep knowledge of fixed income markets (corporates, sovereigns, structured products).
• Excellent communication and presentation skills.

Responsibilities

• Manage fixed income, equity, and alternative investments in line with risk appetite.
• Optimize portfolio duration and credit quality to align with insurance liabilities.
• Monitor portfolio performance against benchmarks and internal targets.
• Collaborate with actuarial teams to ensure asset‑liability matching.
• Present asset class reviews to the investment committee.

Skills

Institutional asset management

Fixed income portfolio management

Quantitative and analytical skills

Communication skills

Strategic thinking

Education

Bachelor’s degree in Finance, Economics, Mathematics, or related field

MBA or Master’s degree

CFA charterholder

Tools

Excel

Bloomberg

Portfolio management systems

Job description

National Life Group is looking for an Insurance Investment Portfolio Manager to oversee its investment portfolio, ensuring optimal risk-adjusted returns. The role involves managing asset allocation and collaborating with actuarial teams for asset-liability matching.

The ideal candidate should have a Bachelor’s degree in Finance or related fields, with 5–12+ years of relevant experience. The position offers a comprehensive benefits program.

Base pay ranges from $206,250 to $302,500 USD.