Zurich NA ZNA Regional Investment Manager, NA, Managing Director in Albany, New York
ZNA Regional Investment Manager, NA, Managing Director
Zurich North America is on the search for a Regional Investment Manager, NA, Managing Director. This role reports to the Head of Investment Strategy Implementation and matrices to the CEO of North America and will be based in our New York Office.
In this role you will be responsible for leading the implementation of the Group´s investment strategy for local balance sheets to ensure an optimal construction of Zurich's investment portfolios This role is responsible for Zurich North America, Zurich Canada, ZLS, Zalico, Farmers New World Life, and other related investment portfolios. We are looking for a candidate who has a strong investment management background and has managed asset portfolios, analyze market developments and can deliver sustainable risk-adjusted returns aligned with the business’s risk appetite and economic and income targets.
This is a critical role and requires strong stakeholder management and influencing skills. We are looking for an inclusive leader with strong communication skills and who can navigate through a complex organization
Strategic Asset Allocation, Investment Strategy, Asset Liability Management and Tactical Asset Allocation implementation:
In collaboration with key stakeholders, formulates and implements a bottom up Strategic Asset Allocation, Asset Liability Management strategy, and Tactical Asset allocation for the local investment units
Responsible for development and optimization of the associated investment strategies, seeking to maximize economic value
Portfolio construction and asset manager oversight:
Formulates and reviews the portfolio mandates and investment guidelines applying to internal and external asset managers to ensure effective implementation of Strategic Asset Allocation decisions, as well as compliance with the Zurich Risk Policy and other relevant constraints
Regularly reviews performance of portfolios and mandates with asset managers, and defines and implements remedial actions where required
Financial results and liquidity management:
Responsible for delivery of the region’s Net Investment income, in coordination with local Business Units’ finance and treasury teams (planning and controlling)
Supports the management of liquidity strategies in conjunction with the regional treasury teams
Supports the management of realized gains/losses that impact Group Profit & Loss
Unit Linked and related Investments:
- Lead advisor in terms of investment content and strategies with respect to the region’s Unit-Linked Investments (BOLI, Variable Universal Life, etc)
- Design and deliver derivative programs in alignment with the Group’s Financial Engineering team
Regional investment governance:
- Lead local Investment Committees (ALMIC) and ensure that relevant Investment Management strategies are syndicated and implemented in a timely and efficient manner, taking into consideration local regulatory and group governance considerations
Line manager responsible for the North American investment team
Key stakeholder liaison between the local Business management and Group Investment Management, providing support and resolution for all investment related matters
Bachelor’s Degree and 15 or more years of experience in the Investment Management areaAND
Experience with Asset management company or investment department of an insurance company as CIO, portfolio manager, financial analyst, economist, investment strategist, or risk manager
Knowledge of current insurance markets
Experience in defining and implementing creative solutions for investment risks
People management experience
Specialist knowledge of investments, capital markets and investment structures, asset classes and derivatives gained through experience in asset management, finance, or banking
Excellent communication skills at all levels and demonstrated ability to influence and engage internal and external stakeholders.
Insurance industry experience
Proven ability and willingness to challenge constructively the ‘status quo’ and to manage change by transitioning from strategic recommendations to practical implementation
Chartered Financial Analyst (CFA) or equivalent
Within the Zurich Group, we are a community of about 500 investment professionals worldwide. Being responsible for managing Zurich’s own assets of about 200 billion dollars and providing investment solutions for over 100 billion dollars in Unit Linked products, we are an important partner for the Group’s insurance business. Our people are at the core of what we do. We recognize that people and culture are important for our business. This defines how we hire, develop, and motivate our people. We welcome diversity and are proud to offer a broad range of flexible work environments that allow you to balance work and private life.
A future with Zurich
Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 148 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500®. Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please clickhere (https://www.zurichna.com/careers) to learn more.
As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers’ expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vets
Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.
Location(s): AM - New York
Remote working: false
Schedule: Full Time