What are the responsibilities and job description for the Director, Manager Selection & Asset Class Expansion position at National Life Group?
Director, Manager Selection & Asset Class Expansion
Company Summary
For 175 years, National Life Group ("NLG") has aimed to keep their promises to provide families stability in good times and in bad. And throughout that history, they have provided peace of mind to those families as they plan their futures.
As a mission-driven business, the cause of what they do is as important as the products they sell. And their cause is a very simple one, directed at the people who live and work on America's Main Streets : "To Do good in our communities and with the individual families we serve."
NLG Capital, the investment management company of NLG, manages approximately $40 billion in AUM. Our purpose is simple - to allow NLG to keep its promises. How we do this - an obsessive focus on delivering investment results. We drive results through a rigorous but collaborative investment process, and we hold ourselves to the highest of standards, both as investors and teammates. While our process is based on rigor, our culture is based on our guiding principles : Meritocracy, Uncompromising Transparency, Intellectual Honesty, Performance Driven Learning, Relentless Pursuit of Excellence. These principles serve as the foundation of our team. They govern the way we conduct ourselves, how we interact with teammates and how we approach every investment decision. We act with the integrity and humility required to make the investment decision that is right for the firm, and ultimately our policyholders. Our culture has been deliberately built to foster curiosity and provide opportunities to learn and grow, both as people and investors. The flat and collaborative nature of our team promotes an atmosphere where the best ideas are continually expressed and rewarded. Our pursuit of excellence is unwavering.
Role Summary
We are seeking a highly motivated Director-level hire to join the NLG Capital Team. This role is purpose built to expand NLG Capital's investment capabilities through our partnerships with 3rd party asset managers. In doing so, the individual must have a demonstrated ability to identify differentiated asset classes that generate superior risk-adjusted income, conduct rigorous underwriting of top-tier managers, and support the design of bespoke investment strategies that are tailored to the specific needs of an insurance general account.
The ideal candidate will bring a proven ability to deliver value through strategic partnerships, innovative relationship structuring, and comprehensive manager evaluations. This is role is highly execution-focused, requiring the ability to manage multiple priorities, deliver results under tight deadlines, and support cross-functional initiatives that drive the success of the investment organization.
Essential Duties and Responsibilities
Manager Due Diligence and Selection :
- Conduct comprehensive due diligence on external managers across diverse asset classes, including public fixed income, private credit, real assets, and other alternatives.
- Evaluate managers' investment processes, performance history, risk management practices, and alignment with the firm's general account objectives.
- Prepare detailed underwriting reports with actionable recommendations for the investment committee and senior leadership.
Bespoke Investment Strategy Development :
Performance Monitoring and Analysis :
Execution Support for Key Initiatives :
Minimum Qualifications
Benefits & Compensation
In addition to base salary, other rewards may include an annual bonus, quarterly bonuses, commissions, and other long-term incentive compensation, depending on the position. National Life offers a competitive total rewards package which includes : a 401(k) retirement plan match; medical, dental, and vision insurance; a company funded wellness account for director and below employees; 10 paid holidays; a generous paid time off plan (22 days of combined time-off for non-exempt employees and exempt employees have discretion in managing their time, including scheduling time off in the normal course of business, but in no event will exempt employees receive less sick time than required by state or local law); 6 weeks of paid parental leave; and 6 weeks of paid family leave after a year of full-time employment
National Life is accepting applications for this role on an ongoing basis and the role remains open until filled.
National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT - founded in 1848, Life Insurance Company of the Southwest, Addison, TX - chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. Equity Services, Inc., Member FINRA / SIPC, is a Broker / Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group.
National Life Group
1 National Life Dr
Montpelier, VT 05604
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