Share this Job

Client Insurance Portfolio Specialist, Insurance Asset Management (IAM)

Apply now »

Date Posted: Jun 25, 2022

Location(s): Whippany, NJ, US, 7981

Company: MetLife

Position: Client Insurance Portfolio Specialist, Insurance Asset Management (IAM)

 

Job Location: Whippany, NJ

 

MetLife Investment Management:

MetLife Investment Management, (MIM) provides public fixed income, private capital, and real estate investment solutions to institutional investors worldwide. With over $670 billion of total assets under management as of December 31, 2021, MIM is the institutional asset management business of MetLife, Inc., one of the world’s leading financial services companies. With over 150 years of disciplined risk-management experience we provide deep expertise in skillfully navigating markets with the goal of delivering strong, risk-adjusted returns. Our client-centric culture enables our dedicated team of investment professionals to singularly focus on creating the tailored solutions designed to help our clients meet their unique needs and objectives—both today and moving forward in the future. MetLife Investment Management was named a “2021 Best Place to Work in Money Management” by Pensions & Investments. Visit us at www.metlife.com/investments  to learn more about MIM. 

 

Department:

MIM’s Insurance Asset Management group is responsible for the overall portfolio management of the MetLife’s General Account Assets (~$467 billion AUM) and supports MIM’s Insurance Asset Management business. MIM has unaffiliated insurance investors globally with approximately $194 billion in AUM invested across all MIM strategies.  The Insurance Asset Management group provides value added capabilities including strategic asset allocation, portfolio optimizations and other insurance advisory services.

 

The Role:

MetLife Investment Management (MIM) is seeking a senior client portfolio manager to join its Insurance Asset Management group to provide coverage for third party insurance asset management clients. In this role as the Client Insurance Portfolio Specialist, Insurance Asset Management, you will act as the primary investments contact for third party insurance clients and lead efforts on insurance portfolio strategies and support portfolio solutions. You will be responsible for client engagement, partnering with MIM Institutional Client Group (ICG), Insurance portfolio management and Insurance Advisory team in representing the full spectrum of MIM’s asset product offering.  You will also partner with MIM’s asset specialists and portfolio management teams globally to develop and implement portfolio strategies to grow both existing and new client relationships. Working closely with the insurance portfolio management and Advisory team, you will help formulate customized portfolio solutions and investment strategies for insurance clients. Additionally, you will partner with the ICG to support the development and maintenance of insurance client relationships as well as product development. 

 

 

 

Key Responsibilities:

  • Act as primary investments point of contact with insurance clients and coordinate all portfolio related questions; engage investments teams when deeper dive is necessary
  • Proactively engage with insurance clients to understand portfolio objectives and constraints
  • Support MIM asset sector specialists in managing to guideline constraints including liaising with client on gain/loss limits, guideline breaches, trading concerns and overall portfolio requirements
  • Support cross-selling of MIM platform across investment sectors, teaming with ICG and sector specialists
  • Partner with ICG in on new prospect leads, and support ICG in building and maintaining strategic client relationships
  • Lead and support client portfolio reviews coordinating with asset sector specialists as needed
  • Answer ad hoc questions regarding the portfolio such as impairments, headlines, downgrades, as well as insurance specific issues, such as capital impact and regulatory concerns
  • Work closely with MIM teams to ensure good, effective communication between client, IPS and PMs

              

Key Relationships:

  • Reports to: Global Head of Insurance Asset Management
  • Direct reports/team: None
  • Key Stakeholders: Institutional Client Group

 

Candidate Qualifications:

   Essential Business Experience and Technical Skills:

  • 10-15+ years insurance industry and related asset management experience
  • Strong understanding of insurance industry and insurance balance sheets, investment objectives and constraints; deep understanding of US regulatory environment, Bermuda and Canada a plus
  • Previous experience in managing insurance portfolios across multiple return and financial priority metrics preferable
  • Strong quantitative and technical expertise, previous experience in building portfolio optimization tools, portfolio construction and hedging strategies for insurance portfolios is a requirement
  • Strong understanding of fixed income and equity investments and how they fit in insurance portfolios in varying regulatory regimes
  • Strategic investment perspective, able to research and formulate opinions/conclusions leading to formulate strategies and recommendations
  • Strong team building and organizational skills, established success in partnering with diverse teams to contribute to MIM growth 
  • Excellent written and oral communication skills, able to present topic to internal and external clients

 

 

      MetLife Success Principles

  • Experiment with Confidence – Courageously learn and test new ideas without fear of failure
  • Act with Urgency – Demonstrate speed to action with agility and determination
  • Seek Diverse Perspectives – Source ideas and feedback to expand thinking and make informed decisions
  • Seize Opportunity – Drive responsible growth and identify areas for continuous improvement
  • Champion Inclusion – Foster an environment where everyone is valued, heard, and can speak up
  • Create Alignment – Partner with others across the organization with candor and transparency
  • Take Responsibility – Be accountable and act in pursuit of the right outcomes
  • Enable Solutions – Anticipate and address obstacles while managing risk
  • Deliver What Matters – Execute meaningful priorities and follow through on commitments


 

MetLife:

MetLife, through its subsidiaries and affiliates, is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.

 

We are one of the largest institutional investors in the U.S. with over $670 billion of total assets under management as of December 31, 2021.  We are ranked #44 on the Fortune 500 list for 2019. In 2019, we were named to the Dow Jones Sustainability Index (DJSI) for the fourth year in a row. DJSI is a global index to track the leading sustainability-driven companies.

 

MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.

We want to make it simple for all interested and qualified candidates to apply for employment opportunities with MetLife. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to accommodations@metlife.com or call our Employee Relations Department at 1-877-843-3711.

 

MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.

 

MetLife maintains a drug-free workplace.

 

For immediate consideration, click the Apply Now button. You will be directed to complete an on-line profile. Upon completion, you will receive an automated confirmation email verifying you have successfully applied to the job.

 

#MIM