Talent.com
Investment Director

Investment Director

CoverysBoston, MA, United States
6 days ago
Job type
  • Full-time
Job description

Overview

Great opportunity to join our Investment Management team in this newly created role. The Investment Director supports the asset / liability and balance sheet management of the general account by designing, monitoring, and overseeing asset positioning relative to liabilities. This role collaborates with Actuarial, Risk Management, Finance and other departments to optimize portfolio performance while maintaining appropriate risk tolerance and regulatory compliance.

Responsibilities

  • Partner with cross-functional teams including Actuarial, Risk Management, and Finance to optimize asset positioning relative to general account liabilities
  • Develop and maintain monthly and quarterly investment reports for senior management and Board of Directors
  • Analyze market sectors including public / private corporate, municipal, asset backed, mortgage backed, commercial backed, and equity investments
  • Coordinate manager due diligence processes with consultant and CIO while fostering connectivity across asset classes
  • Monitor and improve liquidity management processes and frameworks
  • Support Strategic Asset Allocation process by refining input assumptions and evaluating asset classes for inclusion
  • Lead enhancement of asset Liability Management (ALM) framework to optimize asset positioning and maintain analytical platforms
  • Collaborate with investment analytics partners and internal teams to design tools, dashboards and applications that enable data-driven decision-making
  • Manage Federal Home Loan Bank margin banking Program by monitoring collateral and asset performance to achieve favorable risk-adjusted returns and increase investment income
  • Execute trading activities for potential internal portfolio carveout, identifying opportunities in odd-lot and closed-end fund markets
  • Conduct research on special projects to enhance portfolio composition, including Insurance Company Owned Life Insurance (ICOLI) and acquisition target optimizations
  • Integrate artificial intelligence and automation into investment workstream to improve efficiency and decision-making

Education, Experience, Competencies & Values

  • Bachelor’s degree in finance, economics, data analytics, or equivalent experience
  • 5-8 years of experience supporting insurance investment portfolios
  • CFA designation or active progression toward CFA designation
  • Proficiency in Excel, Word, and PowerPoint with advanced analytical capabilities
  • Strong understanding of capital markets and insurance products required
  • Demonstrated expertise in investment data and analytics with focus on accuracy, scalability, and performance
  • Knowledge of portfolio and capital risk frameworks preferred
  • Experience with Python or other programming languages preferred
  • Fixed income trading experience (1-3 years) advantageous but not required
  • Excellent written and verbal communication skills with the ability to articulate complex financial concepts to diverse stakeholders
  • Demonstrated creativity and problem-solving abilities in analytical environments
  • Ability to work independently while contributing effectively in collaborative team settings
  • Strong interest in incorporating artificial intelligence into investment processes
  • Willingness to travel as needed

    • The base salary range is $122,000 - $143,000. Individual compensation packages are based on a variety of factors that are unique to each candidate including geographic location, skill set, experience, qualifications and education.

    If you\'re a caring and customer focused individual who enjoys working with passionate team members, Coverys is the right company for you!

    #J-18808-Ljbffr

    Create a job alert for this search

    Director Investment • Boston, MA, United States