VP - Investment Strategy - Life & Retirement
IN - Investment
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
AIG Asset Management (U.S.), LLC
As a part of AIG's Investment Management organization, the CIO team determines and develops discrete asset strategies designed to support the general account insurance liabilities customized by business unit, module, or line of business as necessary. The CIO unit also communicates investment activities to executive management, rating agencies, boards of directors, regulators and other interested parties. The group also plays an essential role in the pricing of insurance business (primarily annuities) and contributes to product design and pricing of new products being contemplated.
- Assist the US life insurance company CIOs in regular asset allocation decision, with analysis focusing on risk/return considering various capital regimes, asset credit and option risk, relative value, liquidity and tax considerations.
- Work with these businesses, their functions, and investment analytics to refine SAAs for both new business/products and existing portfolios, including representing the US life insurance company team on a day to day basis in modular ALM work. Substantial focus will be on the various annuity businesses, where assets are both internally and externally managed.
- Develop working relationships with various stakeholders required to do the above, including asset management portfolio managers, finance (ex. FP&A, capital planning, actuaries, tax), ERM.
- Devise and advance solutions, both fixed income and derivatives, to investment execution, liability pricing, and product design issues.
- Communicate to senior management and various committees, including Asset Liability Management, analysis and findings regarding pricing assumptions, capital management results, risk adjustments, peer comparisons as well as other relevant investment issues.
- Job requires frequent exchange of information requiring sensitivity or discretion, regular exchange of factual information with peers and superiors, other than immediate supervisor. Requires conceptual thinking to understand complex issues and their implications. Work is typically done independently but is subject to review.
- MBA and/or CFA preferred.
- Solid knowledge of capital markets and economics.
- Strong analytical and quantitative skills.
- Practical knowledge of various fixed income and alternative asset classes.
- Working knowledge of derivative instruments and hedging.
- Understanding of various insurance company capital models.
- Understanding of various economic, statutory, and publicly reported accounting regimes.
- Ability to synthesize business information from disparate raw data sources.
- Familiarity with optimization, efficient frontiers and other quantitative techniques involving tax, accounting, capital planning.
- Strong project management and presentation skills.
- Demonstrated ability to build relationships, and organizational savvy to work effectively across various businesses and functions.
- No day 1 direct reports but would be expected to take on such for future professional development.
It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives