What are the responsibilities and job description for the Global Head of Private Credit Investments position at American International Group?
Global Head of Private Credit Investments page is loadedGlobal Head of Private Credit Investments Postuler locations London time type Full time posted on Offre publiée il y a 9 jours job requisition id JR2403026AIG Inc is a multinational general insurance company with net premium written of USD 26.7bn in 2023.The investment portfolios of the parent holding company, and the associated group insurance affiliates are managed by AIG Investments. Led by the Group Chief Investment Officer (CIO), and supported by a team of regional CIOs and associated support staff, AIG Investments designs and manages the asset allocation of the investment portfolio aligned to the specific risk and return targets of the underlying businesses. Day to day management of individual asset classes is outsourced to a number of approved external asset managers. The CIO team oversees the relationships with the external managers, which includes tasks such as evaluating performance, assessing tactical asset allocation recommendations and appraising suggested changes to investment portfolio guidelines.As part of the evolution of the AIG Investments Target Operating Model (TOM), the CIO Team are seeking Subject Matter Experts (SMEs) across a number of asset classes, including private debt.How you will create an impact : Oversee all investment activity in their designated asset classes globally.Advise the CIO team on current and future allocation levels given changing market conditions and risk appetite.Make proposals in conjunction with other members of the CIO team with respect to external manager selection, market opportunities (including bespoke transactions), relative value and issuance / redemption activity within the asset class, including advising on the annual investment plan and strategic asset allocation.Establish the formal external manager oversight process for private credit asset classes.Be the primary point of contact with all external managers in the asset class including managing relationships and driving effectiveness.Develop regular reporting, meeting cadence and other processes with all external managers in the asset class. Summarize reporting as needed to AIG Regional and Global CIOs.Establish and maintain performance benchmarks for all external managers in the asset classes as needed.Foster productive relationships with key internal stakeholders including Enterprise Risk Management (ERM) and Finance.Produce materials as needed, and present to various AIG governing committees including local and global Investment Committees and senior management.Liaise with the external managers and co-ordinate all aspects of risk management and required reporting.Collaborate across AIG CIOs and AIG third party investment managers to evaluate emerging credit or risk issues across the portfolio.Develop, implement and maintain AIG Asset Class Frameworks for private credit asset classes.Utilize AIG platforms (including Aladdin where relevant) to aggregate data and perform internal analysis as needed.Attend investment manager meetings and industry conferences, as appropriate.On scheduled reporting dates, co-ordinate with the external managers to provide the agreed reporting with data to be used by CIOs, ERM, Investment Accounting and any other AIG departments as needed.What we are looking for : 10 years of demonstrated experience in investment management or insurance asset management, with a focus on private debt.Strong knowledge of risk frameworks, and credit, liquidity and capital constraints of regulated insurance companies.Exceptional communication skills (written and oral) with the ability to infuse the internal investment process with new ideas.Experience with Aladdin preferred although not required.Ability to multi-task across a wide number of activities and multiple, tight deadlines.#LI-AIG#J-18808-Ljbffr
Salary : $27