AVP Investments

Summary

Join Fidelity & Guaranty Life Insurance Company (F&G) as the AVP, Investments and report to the VP, Enterprise Investments and Hedging Solutions. Collaborate with the investments team to manage and produce investment-related deliverables, including researching investment ideas, strategic and tactical asset allocation, ALM, portfolio management, and ad-hoc projects. Direct reports will be managed, and interactions with external asset managers and internal teams will be essential. This role involves leading strategic asset allocation, co-owning dynamic and tactical asset allocation processes, portfolio optimization, overseeing external managers, and reporting on portfolio metrics. Responsibilities also include creating presentations for the Investment Committee, managing investment-related deliverables for stakeholders, developing portfolio benchmarking processes, supporting company initiatives, providing strategic insight, communicating with external managers, managing the asset class SME program, and handling day-to-day portfolio management and ad-hoc requests. The position offers a flexible work environment with options for in-office, hybrid, and remote work arrangements.

Requirements

• Bachelor’s degree in mathematics, economics, investments or related field
• 10+ years of related experience with a minimum of 5 years experience working within or with the investments team of an insurance company
• 4+ years experience leading a team
• Knowledge of fixed income portfolio management, and exposure to other general account assets – i.e. structured assets, real estate, alternatives
• Demonstrated strong asset modeling skills with the ability to automate/streamline current processes
• Ability to lead and manage large-scale projects & teams and manage competing priorities
• Understanding of STAT and GAAP accounting frameworks
• Understanding of insurance capital frameworks
• Strong collaborator with demonstrated project management skills
• Strong capabilities in MS Excel and, Bloomberg, Aladdin (or similar modeling and investment systems)
• Effective verbal and written communication skills
• Superior analytical and problem solving skills
• Team player who is comfortable working in a dynamic, fast-paced entrepreneurial environment
• Ability to lead and manage a team
• Perform other functions, duties and projects as assigned
• Regular and punctual attendance
• Ability to travel up to 30%

Responsibilities

• Lead the enterprise strategic asset allocation work in collaboration with internal F&G teams and external managers
• Co-own the dynamic and tactical asset allocation processes with the business verticals on the team
• Portfolio optimization –Design and execute portfolio programs to improve profitability of, or reduce risk in, the inforce portfolio
• Liaise and oversee external investment managers
• Work closely with the Investment Portfolio Analytics Team and external managers to report on portfolio metrics and provide analytical insight into the portfolio
• Lead the planning, coordination, analysis, and creation of presentation materials for the Investment Committee on behalf of the Investment Department
• Responsible for investment related deliverables, such as presentation materials and data requests from all external stakeholder (rating agencies, investors, etc)
• Work closely with the Investment Portfolio Analytics Team to develop, manage, and implement a robust process for portfolio benchmarking
• Support internal company-wide initiatives such as ESG, ICOLI and Corporate Development, as needed
• Provide strategic insight for senior members of the Investments team in the evaluation of assumptions used in various asset modeling, portfolio optimization, and trade program processes
• Communicate investment directives and needs to the external asset managers in a timely and regular manner, including assessment and execution of tactical asset allocations
• Manage and oversee the overall asset class SME program on the team
• Provide day-to-day management of the portfolio
• Provide ad-hoc analytical requests

Preferred Qualifications

• CFA and/or ASA designation
• Experience with life/annuity company liabilities

Benefits

F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements