Associate / Vice-President, Portfolio Management
Headquartered in Rosemont, IL with offices in New York, KSI provides investment services for Kuvare's operating companies. Led by a seasoned team of insurance industry investment professionals and asset class specialists, KSI oversees approximately $30 billion in total invested assets.
Kuvare is a technology-enabled financial services platform that provides insurance, reinsurance, and insurance services solutions. Headquartered in Chicago, IL, Kuvare focuses on delivering value-oriented solutions to the middle market. Founded in 2015, Kuvare is committed to a sustainable growth strategy, backed by a consortium of long-term capital partners. The family of Kuvare companies includes Lincoln Benefit Life Company, Guaranty Income Life Insurance Company, United Life Insurance Company, Kuvare Life Re, and Ignite Partners.
The Associate / Vice-President, Portfolio Management will report to and work closely with the Head of Insurance Asset Management to manage and coordinate the full range of activities across Kuvare's onshore and offshore insurance investment portfolios, including new origination, liquidity and ALM management, monitoring and management of investment positions (in coordination with the PM teams), and evaluating asset class allocations. KSI invests across a wide range of markets with a primary focus on investment grade fixed income, including core liquid credit, private corporate, and structured credit in addition to commercial real estate. The position will also be actively involved in providing oversight of Kuvare's third party advisors in addition to supporting Kuvare's services business with a focus on portfolio construction.
Collaborate with internal stakeholders (Traders, Operations, Treasury, Accounting, Actuarial) to develop and implement both long-term and short-term trade strategies designed to optimize income and capital
Assist the Head of Insurance Asset Management with oversight of existing external asset managers
Manage FHLB and reverse Repo leverage facilities
Assist the Head of Portfolio Management with development, implementation, and oversight of the company's SAA, ensuring compliance with applicable guidelines
Maintain new business pricing models for retail and institutional business as well as third-party clients
Provide support for weekly, monthly, and quarterly portfolio monitoring processes
Track existing and prospective investment activity across the client accounts
Generate customized and / or ad-hoc analysis
Exhibit high attention to detail and discipline to check work to produce error free and properly formatted work on a consistent basis with minimal oversight
Travel may be required (up to 15%) and based in either Chicago or New York
Bachelor's degree or higher. MBA and / or CFA Charter is a plus
A minimum of 5-15+ years of experience in general institutional asset management
Experience within or with an insurance company investment function is required.
Understanding of the operating functions of an asset manager : Origination, Compliance, Reporting
Highly proficient with fixed income analytics
Excellent communication, presentation, and interpersonal skills targeting C-Suite and third-party clients
Strong results orientation and ability to work in a fast-paced environment
Self-starter with a strong work ethic and genuine willingness and desire to learn
Strong organizational and analytical skills, ability to multi-task and manage several projects at a time
Highly proficient with Microsoft Office
Vp Portfolio Management • Chicago, IL, US