Location Brookfield Place New York - 250 Vesey Street, 15th Floor Business - Reinsurance Brookfield Reinsurance Ltd. (“Brookfield Reinsurance”, “BNRE”; NYSE/TSX: BNRE) is the public vehicle of Brookfield’s newest core pillar, Insurance Solutions, and operates a leading capital solutions business providing insurance and reinsurance services to individuals and institutions, with approximately $100 billion of AUM. Through its operating subsidiaries, Brookfield Reinsurance offers a broad range of insurance products and services, including life insurance, annuities, and personal and commercial property and casualty insurance. Brookfield Reinsurance’s assets are managed by Brookfield Asset Management (NYSE/TSX: BAM), Brookfield’s leading global alternative asset manager with over $900 billion of assets under management across real estate, infrastructure, renewable power and transition, private equity and credit. Brookfield Culture Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses. Job Description What We are Looking For BAM Re is seeking a Vice President to join our New York-based investment team. The Vice President of Asset Allocation will play a key role developing and executing portfolio strategy alongside BAM Re’s senior leadership team through involvement in the creation of strategic asset allocation, new business pricing, and relative value analysis spanning the complete fixed income universe. In this role, the Vice President of Asset Allocation will lead ongoing management of the existing life, annuities, and pension-risk transfer general account as well execute on the deployment of new premium each year. Key Accountabilities Lead development of asset allocation and deployment plans for investment portfolios backing life, annuities, and pension risk-transfer liabilities by working closely in tandem with BAM Re senior leadership and BAM Re credit teams Lead initiatives for in-force income enhancement and capital optimization and report on relevant metrics around risk, liquidity and capital Oversee day-to-day execution of investment portfolio Report on performance, portfolio updates, and other views to both internal and external parties Lead and develop team and ensure that staffing and skills are aligned with broader business needs Coordinate with the actuarial and finance teams on providing investment assumptions for actuarial modeling and business planning Candidate Profile Bachelor’s degree with an excellent academic record, degree in a quantitative field of study a plus 5-10 years of insurance asset allocation, portfolio management, asset-liability management, or cross asset class experience Strong capabilities in MS Excel, familiarity with programming languages preferred Outstanding analytical and problem-solving skills High attention to detail, intellectual curiosity, and motivation Excellent verbal and written communication skills Salary Range: $200,000 - $250,000 Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education and designations. Brookfield Asset Management is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment. Brookfield is an EEO employer and does not make hiring decisions based on status in a protected class. Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment. We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted. Brookfield Asset Management is a leading global alternative asset manager with over US$900 billion of assets under management across real estate, infrastructure, renewable power and transition, private equity and credit. Brookfield owns and operates long-life assets and businesses, many of which form the backbone of the global economy. Utilizing its global reach, access to large-scale capital and operational expertise, Brookfield offers a range of alternative investment products to investors around the world—including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. Brookfield Asset Management Ltd. (BAM) is a public company listed on the New York (NYSE: BAM) and Toronto (TSX: BAM) stock exchanges. Brookfield Corporation is a public company listed on the New York (NYSE: BN) and Toronto (TSX: BN) stock exchanges.