Senior Insurance Structurer

Obra Capital, Inc; New York (NY); On-site; USD 150,000 - 250,000; Full time

Benefits offered by this job

Daily lunch stipend

Comprehensive benefits

401(k) with company match

Job summary

Obra Capital, Inc. seeks a Senior Insurance Structuring Professional to lead investment structuring across private credit, structured credit and asset-backed finance. You will advise on U.S.

and international insurance capital rules, collaborate with investment, legal and finance teams, and design bespoke structures for novel deals. The role requires staying ahead of regulatory changes, coordinating with rating agencies, and delivering leading-edge structuring solutions within Obra's private

Qualifications

• 7+ years of experience in investment structuring or related field.
• Deep knowledge of U.S. insurance regulatory capital rules (NAIC RBC, statutory accounting).
• Experience across structured credit, asset-backed finance, private credit or securitizations.
• Ability to design bespoke structures and translate regulatory developments into action.

Responsibilities

• Lead the structuring of complex investment transactions across private credit and private asset strategies.
• Design structures aligning with liabilities, portfolio objectives and capital framework.
• Serve as internal expert on insurance capital rules (U.S., Bermuda, Cayman).
• Stay current on market trends and regulatory changes affecting structured credit.
• Collaborate with Structured Credit, legal and finance teams to align strategy and execution.
• Engage rating agencies and counsel on documentation and financing agreements.
• Provide senior leadership with structure recommendations and risk mitigants.

Skills

Investment structuring

Insurance investments

Regulatory capital rules

Structured credit

Cross-functional collaboration

Leadership

Job description

Obra Capital is seeking a Senior Insurance Structuring Professional to lead investment structuring across our private credit, structured credit, asset-backed finance, and other private asset strategies. This individual will bring deep command of insurance regulatory capital rules and an active awareness of market developments across the structured credit landscape. The role sits within Obra's Structured Credit team and requires close collaboration across investment, legal, and finance functions. Obra's investment activity spans a wide range of asset classes – from residential transition loans and trade finance to aviation and bespoke one-off structures – and the ideal candidate is equally comfortable operating within established frameworks and navigating novel deal types from scratch.

Responsibilities

• Lead the structuring of complex investment transactions across private credit, structured credit, asset-backed finance, fund investments, lending platforms, and other private asset strategies – including residential transition loans, aviation, trade finance, and bespoke structures.
• Design investment structures that align with insurance liabilities, portfolio objectives, risk appetite, liquidity needs, and Obra’s capital framework.
• Serve as the firm’s internal expert on insurance capital rules – including U.S. statutory frameworks, Bermuda, and Cayman – and translate regulatory developments into actionable structuring decisions.
• Stay current on market trends, regulatory changes, and evolving best practices in structured credit and insurance-linked investing, bringing timely perspectives to the investment team.
• Integrate closely with Obra’s Structured Credit team to ensure structuring work is aligned with broader portfolio strategy and investment objectives.
• Act as primary liaison with rating agencies and collaborate with internal and external counsel on legal documentation, vehicle formation, collateral arrangements, and financing agreements.
• Provide senior leadership with recommendations on structure, risk mitigants, and portfolio fit – including on asset classes and deal types where no established template exists.

Qualifications

• 7+ years of relevant experience in investment structuring, insurance investments, or a related field.
• Deep, working knowledge of U.S. insurance regulatory capital – NAIC designations, RBC, and statutory accounting – as well as Bermuda and Cayman frameworks (BSCR, MCR/PCR).
• Breadth across asset classes: experience with residential transition loans, aviation finance, trade finance, or other specialty asset-backed strategies is strongly preferred.
• Demonstrated ability to stay current on regulatory and market developments and apply them practically to structuring decisions.
• Experience with structured credit, asset-backed finance, private credit, securitizations, or reinsurance transactions.
• Comfortable working on bespoke and first-of-kind structures with limited precedent.
• Collaborative team player with the ability to work cross-functionally within a fast-moving investment platform.

Compensation

The expected base salary range for this role is outlined below. In addition to the base salary, total compensation may include a discretionary bonus based on performance. This range given is a best faith estimate which reflects a variety of factors, including years of relevant experience, education, location and other qualifications pertinent to the position. Base salary does not include any other performance based compensation such as year end cash bonus.
The firm also offers robust Benefits offerings which include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; and Commuter Benefits plan for parking and transit. In addition all employees of Obra are provided with a daily lunch stipend.

Salary Range

$150,000 - $250,000 USD