Insurance Investment Solutions: Associate at BlackRock

New York, New York, United States

Apply Now

Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Insurance, Financial Services, Asset ManagementIndustries

Requirements

At least 3 years of professional experience in insurance investment strategy or related experience gained via an asset manager, investment bank, consultancy, or insurance company
Practical experience and/or knowledge of investment strategy design, asset classes, and asset-liability management techniques used by insurers
Some familiarity with the accounting, regulatory, risk management and strategic frameworks under which insurers in the region operate
Excellent communication skills and the ability to explain complex topics to non-technical individuals, both verbally and in writing
Excellent problem-solving abilities, intellectual curiosity, and experience understanding and solving complex issues
High level of integrity enabling the candidate to become a trusted partner to clients and peers
Proficiency in Python, VBA, R, or other programming languages a plus
Progress towards or attainment of professional designations such as CFA, FRM, CAIA, FSA, etc. would be viewed favorably, but not essential

Responsibilities

Assist with BlackRock’s coverage of insurers (particularly C-Suite officers, the Head of ALM, the Chief Actuary and Head of Asset Allocation) through technical engagement of enterprise objectives and the implications of these objectives on their investment strategy with a view to building relationships based on knowledge and trust which lead to the origination of commercial opportunities
Work directly with clients and internal partner teams on advisory engagements focused on asset allocation, risk and capital management, and ALM with a view to guiding the client towards the most appropriate investment solution or investment product given their unique considerations and objectives
Support all internal portfolio management and product strategy teams, and all distribution channels across the platform, with insurance investment, regulatory, accounting and liability expertise to help them position or design investment management products and services in a way that is appropriate for insurers
Develop a thorough knowledge of BlackRock’s capabilities, products and services, and integrate this knowledge into analytical solutions for insurers. Identify gaps in existing provision and drive the development of new services
Assist with the production of insurance focused research and thought leadership publications
Maintain strong relationships with internal partners in the BlackRock Investment Institute (economists), Financial Modelling Group (quantitative modelers), Financial Institutions Group (client relationship managers), and relevant investment teams to drive holistic portfolio solutions for insurers to generate strong commercial outcomes

Skills

Key technologies and capabilities for this role

Asset-Liability ManagementALMPortfolio ConstructionAsset AllocationRisk ManagementFinancial ModellingInsurance RegulationInsurance Liabilities

Questions & Answers

Common questions about this position

What experience is required for the Insurance Investment Solutions Associate role?

Candidates need at least 3 years of professional experience in insurance investment strategy or related experience gained via an asset manager, investment bank, consultancy, or insurance company, along with practical experience and/or knowledge of investment strategy design, asset classes.

Is this a full-time position?

Yes, this is a full-time employment opportunity.

What are the main responsibilities of the Associate role?

Responsibilities include assisting with coverage of insurers through technical engagement, working directly with clients on advisory engagements focused on asset allocation and ALM, supporting internal teams with insurance expertise, developing knowledge of BlackRock’s capabilities, producing research, and maintaining internal relationships.

Where is the Associate position located?

This information is not specified in the job description.

What is the salary or compensation for this role?

This information is not specified in the job description.

BlackRock

About BlackRock

New York City, New YorkHeadquarters

1988Year Founded

$78,647.7MTotal Funding

IPOCompany Stage

Fintech, Financial ServicesIndustries

Benefits

Health Insurance

Unlimited Paid Time Off

Mental Health Support

Wellness Program

401(k) Retirement Plan

Risks

FDIC scrutiny could lead to regulatory challenges for BlackRock.

Workforce reduction may indicate internal financial pressures or strategic shifts.

Involvement in Yangzijiang Shipbuilding exposes BlackRock to geopolitical risks.

Differentiation

BlackRock's Bitcoin ETF, IBIT, reached over $50 billion in assets quickly.

The firm is developing a layer-2 tokenized real-world asset platform on Ethereum.

BlackRock's partnership with Frax Finance enhances its stablecoin market presence.

Upsides

IBIT's success attracts a broader range of cryptocurrency investors.

The Ethereum platform positions BlackRock as a leader in blockchain financial services.

Partnership with Frax Finance enhances digital finance offerings and compliance.

Land your dream remote job 3x faster with AI

Try Jobo Free