Insurance Solutions Chief Investment Office, Associate

About this role

Team Overview

The Insurance Solutions Group provides a wide range of advisory, portfolio construction, capital formation and whole portfolio solutions to insurers globally.  Within the Insurance Solutions Group, the Insurance Advisory & Insurance Investment Solutions (“IA&IIS”) team is a group of insurance specialists with diverse backgrounds from asset management, investment banking, insurance, and consultancy.

A key focus of the team is engaging with insurance clients to help solve their most complex asset allocation, portfolio construction, risk, and capital management challenges. This work also requires the team to develop bespoke modelling and analytical capabilities, both independently and leveraging the broader BlackRock analytical platform.

We use our collective insurance, analytics, and investment expertise and experience to deliver effective investment propositions that address the needs of our insurance clients.

We are seeking a motivated, intellectually curious Associate looking to expand their career and work closely with the teams CIO.

Responsibilities:

• Assist in management and oversight of multi-asset insurance mandates
• Develop portfolio analytics to facilitate effective asset-liability strategies
• Engage with portfolio managers and originators across public and private platforms to identify investment opportunities optimized to insurance balance sheets
• Partner with Insurance Solutions teams to define investment parameters and assumptions across asset classes and support new transaction analysis
• Monitor portfolio performance, liquidity, risk capacity, collateral, and emerging risks
• Track credit markets and leverage underwriting expertise of our platforms to help assess relative value opportunities
• Support development of strategic asset allocations, benchmarks, and hedge strategies
• Assist in developing portfolio commentary and client focused content

Qualifications:

• 4+ years of experience in supporting portfolio management activities for insurance companies
• Working knowledge across the multi-asset spectrum with particular focus on public and private credit, and interest rate derivatives
• Proficient in Aladdin, Bloomberg, and core fixed income analytics
• Ability to translate complex regulatory and financial concepts
• Strong communication and client relationship skills
• Strong technical background; BS/MS degree in financial engineering, quantitative finance, mathematics, or computer science

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

Guidance on AI use for candidates

At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being.  Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.

BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.