What are the responsibilities and job description for the Senior Director, Insurance & Multi- Asset Portfolio Manager position at Barings LLC?
At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.
We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.
Title: Senior Director, Insurance & Multi- Asset Portfolio Manager
Business Unit: Portfolio Solutions & Analytics
Location: Charlotte, NC or Boston, MA
Barings is a leading global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct origination, we provide innovative solutions and access to differentiated opportunities across public and private capital markets. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe, and Asia Pacific.
Job Summary
The Insurance & Multi-Asset Portfolio Manager role is a product agnostic investment, strategy and structuring professional who focuses on key insurance and multi-asset clients. The investment professional will work within the broader Insurance and Multi-Asset Portfolio Management team, which oversees $25bn of multi-asset, fixed income investments on behalf on institutional clients. The portfolio manager will work with clients, Barings’ Investment Teams and the broader Multi-Asset and Portfolio Solutions Teams to design, implement and manage investment and risk management strategies. The Portfolio Manager will utilize his/her investment and insurance expertise to work collaboratively across the firm to successfully serve insurance and multi-asset clients.
Primary Responsibilities
The responsibilities of the role include, but are not limited to:
- Manage investment strategy, portfolio construction and asset allocation for key insurance and multi-asset clients, with a focus on liability, risk, capital, accounting, and liquidity considerations.
- Play a key role in development and execution of the clients’ asset strategy working closely with the clients’ senior management team.
- Develop a thorough understanding and expertise of Barings’ investment platform, technology, and other capabilities.
- Build and maintain strong relationships with internal partners across the Investment teams, Multi-Asset and Solutions teams, asset originators and other relevant partners.
- Recommend tactical portfolio shifts based on input from the investment teams and relative value considerations.
- Monitor all aspects of the portfolio including risk, accounting, and compliance.
- Coordinate, deliver and present investment risk and performance reporting to senior management, the board, regulators, and other stakeholders.
- Keep current on the implications of regulatory, accounting, and capital frameworks on investment and risk management decisions made by insurance and other institutional clients.
Qualifications
- At least 8 years of relevant industry experience, gained within an insurer, asset manager, investment bank or consultancy.
- Successful track record as a portfolio manager with insurance or comparable institutional clients.
- Experience in the design and implementation of investment and risk strategies utilized by (re)insurers.
- Can cite use, tool building, and application of modern financial mathematics (e.g. bond mathematics, option pricing, hedging, stochastic processes, Monte Carlo simulation in real and risk neutral environment, interest-rate modelling)
- Has successfully applied portfolio construction analytics.
- Has experience in the use of derivatives within an insurance environment.
- Experience working across global regulatory capital and accounting regimes.
- Detailed knowledge of wide range of public and private asset classes
- Can cite examples of successful cross-functional collaboration to provide total solutions to clients.
- Executive communication skills
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Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.
Barings offers a comprehensive benefits package including:
CORE BENEFITS & WELLNESS
- Medical (including Virtual Care), Prescription, Dental, and Vision Coverage
- Fitness Center Reimbursement Program (Including Online Memberships)
- Employee Assistance Program (EAP)
- Fertility Benefits
FINANCIAL WELL-BEING
- Highly competitive 401(k) Plan with Company Match
- Health Savings Account (HSA) with Company Contributions
- Flexible Spending Accounts (FSA) - Health Care & Dependent Care
- Retirement Health Reimbursement Account
LIFE INSURANCE
- Basic and Supplemental Life Insurance
- Spouse and Child Life Insurance
TIME OFF, DISABILITY AND LEAVE OF ABSENCE
- Paid Vacation, Sick Days and Annual Holidays
- Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
- Short and Long Term Disability Plans
- Paid Volunteer Time
OTHER BENEFITS
- Education Assistance Program
- Charitable Matching Gifts Program
- Commuter Reimbursement Program
- Adoption and Surrogacy Reimbursement Program
