Vice President, Asset Allocation, Ares Insurance Solutions (AIS)

Ares Management LLC; New York (NY); On-site; USD 185,000 - 220,000; Full time

Benefits offered by this job

Medical/Dental/Vision coverage

401(k) with company match

Flexible Savings Accounts

HSA with company contributions

Life insurance

Disability insurance

Employee assistance program

Commuter benefits

Job summary

Ares Management LLC is seeking an experienced investment professional to join the Asset Allocation team within Ares Insurance Solutions. The role focuses on strategic and tactical asset allocation across life and annuity insurance and reinsurance clients globally, working with senior investment professionals to deliver portfolio performance objectives.

The position supports ALM and liquidity planning, portfolio design for new business, and end-to-end asset work for reinsurance transactions, with

Qualifications

• Bachelor’s degree in finance, accounting, economics, mathematics or related field (CFA a plus).
• 7+ years of progressive experience in asset allocation, portfolio management, and ALM.
• Demonstrated expertise in constructing strategic and tactical allocation plans across a broad set of asset classes.
• Deep understanding of insurance product liability profiles and capital requirements across multiple jurisdictions.
• Proven track record executing complex reinsurance transactions.
• Experience communicating with investors and boards, articulating investment strategy and risk positioning.
• Strong analytical, communication, and leadership abilities.
• Proficiency in Excel, PowerPoint, and Word (Python a plus).

Responsibilities

• Strategic and tactical asset allocation for new business and in-force portfolios (30bn+ AUM).
• Design and implement pricing portfolios for new business (10bn+ per year).
• Asset–liability management (ALM) including cash flow matching and liquidity planning.
• Lead end-to-end asset work for reinsurance transactions (Block, Flow).
• Manage enterprise liquidity across account groups and funding sources.
• Coordinate daily allocations of liquid and illiquid assets across clients.
• Oversee relationships with third-party asset managers and mandates.
• Contribute to integration and standardization across the investment office.

Skills

Analytical thinking

Communication

Leadership

Mentoring

Education

Bachelor’s degree in finance, accounting, economics, mathematics or related field

Tools

Excel

PowerPoint

Word

Python

Job description

Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Job Description

Roles & Responsibilities

Ares is currently seeking an experienced investment professional to join the Asset Allocation team within Ares Insurance Solutions. AIS is our dedicated in-house team that seeks to provide asset management, origination, risk analytics, capital, and M&A services to insurance clients globally. The team currently manages ~$30bn of AUM across a broadly diversified asset portfolio and is the investment manager, capital solutions provider and corporate development partner to Aspida, a leading U.S. life and annuity insurance and reinsurance company.

The position would support the construction and implementation of strategic and tactical asset allocation across multiple asset classes for clients in the Life and Annuity Insurance and Reinsurance space. This role will play an integral part in the investment process, working closely with senior investment professionals to deliver on portfolio performance objectives.

• Strategic and tactical asset allocation for new business and in-force portfolios (30bn+ AUM), incorporating top-down macro views, asset sourcing constraints, and relative value across public and private markets.
• Design and implement pricing portfolios for new business (10bn+ per year), aligning liability and asset cashflows while optimizing across capital, return, and investment guideline constraints.
• Asset–liability management (ALM), including cash flow matching under multiple market scenarios, liquidity planning, and profitability sensitivity analysis across product lines (e.g., FDA, FIA, RILA, UL) and geographies (US, UK, Europe, Asia).
• Lead end-to-end asset work for reinsurance transactions (Block, Flow), including inherited asset negotiation, derivatives strategies for risk management, investment guideline negotiation, and target portfolio rotations over defined horizons.
• Manage enterprise liquidity across account groups, deploying capital and raising liquidity via tools such as repo and FHLB funding
• Coordinating daily allocations of liquid and illiquid assets across clients.
• Oversee relationships with third-party asset managers including mandate design, guideline alignment, performance monitoring, and deployment.
• Contribute to integration and development efforts across broader Ares platform driving standardization of frameworks, best practices, and reporting across the investment office.

Requirements

• Bachelor’s degree in finance, accounting, economics, mathematics or related field (CFA a plus)
• 7+ years of progressive experience in asset allocation, portfolio management, and ALM
• Demonstrated expertise in constructing strategic and tactical allocation plans across a broad set of asset classes
• Deep understanding of insurance product liability profiles and capital requirements across multiple jurisdictions.
• Proven track record executing complex reinsurance transactions
• Experience managing investor and board-level communications with the ability to articulate investment strategy, performance, and risk positioning to senior stakeholders.
• Excellent analytical, communication, and leadership abilities
• Demonstrated capacity to build and refine investment frameworks, mentor junior staff, and drive integration and process improvement across an investment office.
• Highly proficient in Excel, PowerPoint, and Word (Python a plus)

Reporting Relationships

Partner, Head and Chief Investment Officer, Ares Insurance Solutions

Compensation

The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.

$185,000 - 220,000

• 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
• Employee Assistance Program (EAP)
• Commuter Benefits plan for parking and transit.

Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.