Investment Manager

Summary

Join Fidelity & Guaranty Life Insurance Company (F&G) as an Investment Manager supporting investment deliverables for institutional business, Pension Risk Transfer (PRT), Funding Agreement Backed Notes, and offshore reinsurance. You will manage the portfolio, handle asset/liability management, strategic and tactical asset allocation, and evaluate new investment opportunities. A key focus is portfolio monitoring, including cash deployment, liquidity management, and reinvestment strategy. This individual contributor role reports to the Director of Investments and involves interaction with external asset managers and internal teams. The position offers a flexible work environment with options for in-office, hybrid, and remote work arrangements. F&G is an equal opportunity employer committed to creating a great workplace.

Requirements

• Bachelor’s degree in mathematics, economics, investments or related field
• 7+ years of investment-related experience
• Advanced technical and financial modeling skills with the ability to automate/streamline current processes
• Effective verbal and written communication skills
• Superior analytical and problem-solving skills
• Proficiency in MS Excel and PowerPoint
• Familiarity with Access/database, SQL, VBA, Bloomberg and FactSet (or similar)
• Perform other functions, duties and projects, as assigned
• Regular and punctual attendance
• Ability to travel up to 25%

Responsibilities

• Analyze actual vs. expected new business investment deployment – develop strategies for deviations when necessary and inforce portfolio runoff
• Monitor inforce portfolio to manage liquidity and reinvestment strategy
• Track and report on asset liability cashflow profile & portfolio attributions in relation to risk limits and investment guidelines
• Support the design and implementation of Strategic Asset Allocation in relation to the three core institutional business lines as well as the offshore reinsurance business
• Support new business asset allocation framework coordinating with external asset managers and key internal stakeholders to forecast future purchases
• Support intra-year optimization around the asset allocation strategy to support product specific pricing
• Liaise with Treasury/Middle Office/Investment Accounting to ensure trade activity is flowing appropriately to downstream systems
• Improve operational efficiency of the cash management process
• Detect and correct data errors coming from the existing database
• Coordinate, automate and manage consolidated reporting for the Company’s investment portfolio
• Help communicate investment directives and needs to the external asset managers in a timely and regular manner
• Collaborate cross-functionally across departments such as Actuarial and Finance FPA to communicate investment activity for use in actuarial modeling and corporate planning and analysis
• Provide ad-hoc analytical requests
• Responsible for assisting in the training of analysts/interns, as appropriate

Preferred Qualifications

CFA and/or ASA designation

Benefits

Ability for in-office, hybrid and remote work arrangements