Hamilton Recruitment

INVESTMENT MANAGER – LIFE – BERMUDA – 10% TAX – HR102

About this opportunity

Our client is a Bermuda-based specialist life reinsurer. The Investment function is critical to the success of the company given its focus on asset-intensive reinsurance. The Investment Manager sits within the Investment team and owns critical processes such as external manager onboarding, portfolio analytics, capital markets assumption setting and other ad-hoc research projects.

Principal accountabilities include:

  • Assist with Investment manager research, due-diligence – including tax and legal - and operational onboarding process
  • Assist with shadow underwriting of credit and structured products deals from external asset managers. Draft deal opinions that evaluate a proposed transaction based on rating and return and the attractiveness of the new business as part of the Portfolio. Ensure investments align with portfolio requirements and manage the execution processes along with the asset manager
  • Maintain pipeline of direct investments through different managers, and work towards managing cash and liquidity appropriately
  • Develop balance sheet portfolio analytics and asset allocation tools to evaluate tactical trading ideas across the Corporate Bonds, Structured Assets and Private Credit universe
  • Coordinate with both internal and external asset managers to source data to monitor North American and European liquid fixed income markets and develop illiquidity premium for direct investments
  • Prepare regular reports and updates on portfolio performance, market trends, and investment metrics to ensure the portfolios continue to meet investment objectives
  • Build and maintain strong relationships with asset managers, banks, and other key internal and external stakeholders
  • Collaborate with broader investment team on new business opportunities and assist with mew business portfolio construction
  • Deliver effective written and verbal communication, including report writing and presenting asset strategy, solutions development and progress to plan at Committee/Board level
  • Assist with various tasks and projects as needed, which may include duties outside the primary scope of the job
  • Develop and maintain highly collaborative and effective relationships at all levels within the organization, as well as externally with the company’s investment managers and clients
  • Actively promote the company’s culture of ownership across the organization and be a role model for the company behaviours
  • Carry out duties with integrity, purpose and diligence, ensuring that appropriate professional standards are maintained, that business requirements and deadlines are met, that records are maintained appropriately, and that internal governance and processes are fit for purpose and meet internal and relevant regulatory requirements

What you’ll need

  • Fully qualified CFA or Life Actuary
  • 4-6 years of experience, with a minimum of 2 years directly in trading or structuring experience in derivatives, or structured products or insurance portfolio management
  • In depth knowledge and experience working in key insurance asset classes, including fixed income, equities, private assets and alternatives
  • A demonstrated track record and understanding of the various factors and considerations affecting insurance company strategic asset allocation, and the interactions with liabilities, capital and risk, including the ability to create financial projection and asset models
  • Experience of on-boarding investment managers, including their review and appointment, operational setup and ongoing performance monitoring
  • Strong Bloomberg, Excel and VBA skills
  • A deep commercial awareness and a good understanding of the wider business, economic, market and regulatory environment in which the company operates
  • Demonstrated ability to develop effective professional relationships at all levels throughout an organisation, with experience in senior stakeholder management
  • Demonstrated ability to apply strong technical investment and finance skills, act independently, as well as part of a team, problem solve and apply sound judgement and pragmatism in order to achieve business aims
  • Must be very organised, highly efficient and enjoy working in a fast-paced dynamic environment, with the ability deliver reliable work of a high quality in demanding timescales in a small company environment

How to apply

  • To apply, attach your résumé or include a link to your LinkedIn profile
  • If you don't provide one of the above, we can't progress your application

For reasons of confidentiality and to ensure best match for positions, our normal practice is to submit applications to employers only after we have had a Career Consultation with candidates. In the event that you are not shortlisted for this particular vacancy, your details will be held on file and considered for other relevant opportunities.

Our clients are equal opportunity employers and value diversity. They do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. If you believe you deserve an exceptional career, we’ll help make it happen.