Mid America Search – the Insurance Recruiter. And one of the world’s best Insurance Recruiters.

Asset Management Associate

Our Client designs and services annuity and investment products for consumers worldwide. With a strong focus on innovation and execution, they create proprietary financial products and also manage and support tailored solutions for organizations. Their annuity products provide both stability and growth opportunities, offering guaranteed returns, potential market gains, and reliable income benefits. Whether it's a multi-year guaranteed annuity or a fixed-indexed annuity, these products help individuals confidently plan for the future. Backed by a New York-based asset management firm with $6+ billion in assets, our Client delivers innovative savings and investment solutions to a global audience.

Ideal opportunity for an individual looking to grow their career with a growing company. The Asset Management Associate job salary is $175k to $225k DOE + Excellent Incentive Plan and Benefits. This Asset Management Associate job is a hybrid job in Midtown Manhattan, New York City and preferably 4 days/week in the office. Apply now for this excellent Asset Management Associate job by following the instructions at the end of this Job description!

Summary

Our Client, a NYC-based insurance business owned by an asset manager, is seeking a highly motivated individual to join its Asset Management team. This role primarily involves working with the Head of Investments and focusing on:

• General Account oversight and monitoring
• Subadvisor relationship and data management
• Asset allocation support
• Reporting processes

This highly analytical position emphasizes the design and management of internal models and processes, investment oversight, and support for the CIO and Head of Investments. This Asset Management Associate job is not eligible for immigration sponsorship.

Responsibilities

• Develop and manage internal models and investment infrastructure, including portfolio monitoring, evaluation, and asset class research.
• Support day-to-day portfolio management by conducting strategic asset allocation reviews, optimizing portfolio construction, and analyzing asset-liability matching.

• Oversee subadvisor relationships, including:
  • Conducting oversight calls
  • Collecting and analyzing data
  • Performing benchmark analysis
  • Preparing materials for Investment Committee reviews
  • Enhancing portfolio performance, diversification, and investment spread optimization

• Monitor portfolio performance and develop content for:
  • Weekly Investment Committee meetings
  • Requests for proposals
  • Third-party OCIO efforts

• Assist the Head of Investments in:
  • Selecting and overseeing subadvisors and investment vehicles
  • Managing risk and performance
  • Researching investment management strategies

Job Requirements

• Bachelor's degree
• 5+ years of relevant experience in insurance portfolio management or fixed-income investing

• Strong background in:
  • Insurance portfolio management and monitoring
  • Insurance asset/liability management

• Proven ability to manage internal and external projects in a fast-paced environment
• Detail-oriented with strong quantitative and analytical skills
• Intelligent, creative, and adept at problem-solving
• Deep understanding of portfolio investment metrics, including fixed-income and liability-hedging

• Expertise in Excel, Bloomberg, and PowerPoint, with the ability to:
  • Create and analyze bespoke data models
  • Develop and review detailed presentations

This role offers an exciting opportunity to work closely with senior leadership and contribute to strategic investment decisions within a dynamic insurance asset management environment.

Additional resource links for Midtown, Manhattan | Your Guide to Attractions & Dining, and Wikipedia.

If you prefer, back to the hub; our Home page.

To Apply for this Job, please use the Apply for Job Here form below: