Insurance Advisory & Insurance Investment Solutions

• Develop a thorough knowledge of the team’s existing systems, tools and other capabilities, as well as those BlackRock capabilities which are of relevance to modelling the assets and liabilities of insurers
• Contribute to the broad development objectives of the team’s global analytical platform across framework input assumptions, optimization methodologies and liability cashflow aware analytics
• Undertake complex ALM, strategic asset allocation and capital management exercises to design portfolios and strategies that provide good trade-offs between capital charges, return, volatility, transaction costs and liquidity needs
• Maintain strong relationships with internal partners in the Financial & Strategic Investors Group, the BlackRock Investment Institute, Aladdin Financial Engineering and relevant investment teams to drive enhancements in analytical capabilities of relevance to insurers
• Keep abreast of the implications of regulatory, accounting and capital frameworks on investment and risk management decisions made by insurance companies

• At least 2 years of industry experience, gained within an insurer, asset manager, investment bank, or consultancy
• Previous experience with investment and ALM strategies utilised by insurers when managing assets invested to meet long-term liabilities, balance sheet management and portfolio optimization
• Strong knowledge of life insurance products and regulatory and accounting constraints under which insurers operate
• Good understanding of modern financial mathematics (e.g. option pricing, hedging, stochastic processes, Monte Carlo simulation, interest-rate modelling)
• Demonstrable practical experience in coding with Python, VBA, or other programming languages, specifically applied to asset and liability modelling
• Advanced degree in mathematics, engineering, economics, or other technical discipline

Skills commensurate with holding an investment, risk management, actuarial or other technical role in a life insurance, reinsurance or banking environment would be advantageous

• Annual discretionary bonus
• Healthcare
• Leave benefits
• Retirement benefits
• Strong retirement plan
• Tuition reimbursement
• Comprehensive healthcare
• Support for working parents
• Flexible Time Off (FTO)