At Allianz Life, we are guided by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting societal equity.

What you do: 

Allianz Life’s multi-asset class general account portfolio supports the North American insurance and retirement businesses. You will manage the securitized and mortgage loan investment strategies within the $120B buy and hold fixed income assets of the general account.  The portfolio strategy is an outsourced, top down, liability driven strategy with a primary focus on investment yield.  The portfolio manager will steer approximately $30 billion of assets including CMLs, RML’s as well as public and private securitized investments (RMBS, CMBS, CLO, NT ABS) incorporating the team’s market and sector views.  You will work with both affiliated and unaffiliated asset managers to determine asset allocation, set investment standards, approve multiple transactions and monitor the portfolio vs the investment guidelines.  Daily investment decisions include determining if proposed investments deliver optimal investment income taking into account portfolio goals, capital efficiency, credit profile, accounting, company and regulatory rules.  The portfolio manager will partner with our asset managers and Allianz local and global teams in investments, legal, accounting, risk, actuarial and distribution to implement the investment strategy. The portfolio manager will help evaluate new asset managers and new investment proposals. You will report to the Head of Portfolio Management.

As a senior member of the AIM investment team, the role will work with the Head of Portfolio Management and other section heads to implement the strategy. You will need to stay in tune with market conditions including changes in value arising from interest rates, credit quality and liquidity premiums in both traditional and non-traditional asset classes and understand the effects on liabilities and capital.

The PM will join a team of investment professionals that have a history of sustained performance across a broad platform of asset classes, and must therefore have management and leadership skills in addition to having well-developed technical skills. You will advocate for our investment and risk management policies to senior management and employ a long-term investment horizon.

·       Oversee Life Insurance Company securitized and mortgage loan investment strategy ($30+B) within the $120+ billion life insurance general account

·       Lead role in investment discussions around covered asset classes including risk/reward trade off, capital efficiency, risk management, analytics, market trends and innovation

·       Set implementable guidelines for asset managers taking into account overall portfolio strategy

·       Steer outsourced asset manager implementation of guidelines including use of leeways based on current market conditions and overall portfolio needs

·       Embrace the challenge of optimizing investment performance within a large-scale, global investing context where consideration must be given to cross-border, regulatory issues, tax, legal, accounting, compliance, ALM and enterprise risk.

·       Enhance the investment monitoring and performance measurement process working with capital markets and risk teams including analytics, peer analyse and risk management models

·       Work with local and global coworkers to enhance Allianz’s overall knowledge of asset classes and market opportunities

What you bring: 

·       8-10 years’ investment experience required

·       Four year degree required

At Allianz Life, we’re proud to provide a benefits package that supports the True Balance of our employees and their families. We offer: a choice of comprehensive medical, dental and vision plan options, health savings account, tuition reimbursement, student loan retirement plan, generous annual paid leave, an outstanding 401(k) company match, and life insurance. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that welcomes, includes and celebrates diversity. Our great benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re recognized as a top workplace employer.

34323 | Asset & Investment Management | Management | Allianz US Life | Full-Time | Permanent Warning: When posting this job advertisement on an external job board, the length of the following fields combined must not exceed 3950 characters: "External Posting Description", "External Posting Footer"

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

Join us.  Let’s care for tomorrow.  #LI-TD1