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Investment Portfolio Management Associate - AIC

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Date Posted: May 21, 2022

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

Company: MetLife

Role Value Proposition: 

MetLife Investment Management (MIM) is one of the largest institutional investors and asset managers in the world, with over $651 billion in combined managed assets, and has consistently generated superior returns for both policyholders and shareholders. The enterprise has more than 900 dedicated professionals with extensive experience and expertise across public and private fixed income and private assets, including real estate.  Visit us at www.metlife.com/investments to learn more.

 

The Affiliated Insurance Companies Investment Management (AIC IM) group is responsible for the development of investment and asset-liability management strategies for MetLife’s general account portfolio, which totals more than $450 billion in assets.  AIC IM oversees the management of MetLife’s existing asset portfolio and provides support to line of business partners on new business pricing.  AIC IM has regional offices in Whippany, NJ, Hong Kong, London, and Santiago as well as investment professionals located in multiple country offices. The Associate role is part of the AIC IM team and is responsible for developing investment strategy and providing new business pricing support to MetLife line of business partners.  The Associate will partner closely with representatives from RIS and Group Benefits businesses to design optimal investment strategies in support of new business opportunities and growth. 

 

Key Responsibilities: 

  • Support the annual plan process by:
    • partnering with MIM to gather requirements, investment assumptions and asset production limits and
    • running portfolio optimizations and compiling various reports with the results.
  • Develop investment strategies via portfolio optimization analysis, maximizing risk-adjusted return within guideline and other constraints.
  • Present plan investment strategy, sensitivities, and scenario analysis to AIC partners and management, including Global Risk Management, Finance, and MIM.
  • Maintain/improve existing models such as Pricing Guidance, Portfolio Optimization and Margin models.
  • Support AIC IM team on strategic projects aimed at increasing portfolio profitability and/or mitigating portfolio risks.
  • Partner with Investments IT to develop new models (prototype to end-user) in support of investment decision making.
  • Lead development of and/or present investment-related presentation materials to AIC management.
  • Lead model-related responses, develop materials and respond to requests for information from AIC, our line of business partners and MIM.

 

Essential Business Experience and Technical Skills

Required:

  • Strong quantitative skills and knowledge of Microsoft Excel, Access, MS SQL Server.
  • Experience in programming with VBA/Visual Basic or C# and using Visual Studio.
  • Excellent communication and prioritization skills.
  • Strong interpersonal skills and ability to build partnerships and work in a team environment.
  • 2 to 5 years work experience at an insurance company or in financial services industry

Preferred:

  • MBA or CFA preferred.
  • Asset-liability management experience.
  • Bachelor’s degree preferred in Economics, Finance, Engineering, Math, or related field
  • Ability to multi-task in a fast paced, less structured environment.

 

Travel

Negligible

 

Business Category

Investments

 

Number of Openings

1

 

#MIM

 

At MetLife, we’re leading the global transformation of an industry we’ve long defined. United in purpose, diverse in perspective, we’re dedicated to making a difference in the lives of our customers.” 

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 $642.4 billion of total assets under management as of March 31, 2021. We are ranked #46 on the Fortune 500 list for 2021. In 2020, we were named to the Dow Jones Sustainability Index (DJSI) for the fifth year in a row. DJSI is a global index to track the leading sustainability-driven companies. We are proud to have been named to Fortune magazine's 2021 list of the "World's Most Admired 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.  For further information about how to request a reasonable accommodation, please click on the Disability Accommodations link below.

 

 

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.

 

 

Requisition #: 125026