Analyst/Associate, Asset Allocation

Posted:
8/26/2024, 6:41:29 AM

Location(s):
New York, New York, United States ⋅ New York, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Finance & Banking

Location

Brookfield Place New York - 250 Vesey Street, 15th Floor

Business - Reinsurance

Brookfield Reinsurance Ltd. (“Brookfield Reinsurance”, “BNRE”; NYSE/TSX: BNRE) is the public vehicle of Brookfield’s newest core pillar, Insurance Solutions, and operates a leading capital solutions business providing insurance and reinsurance services to individuals and institutions, with approximately $115 billion of AUM. Through its operating subsidiaries, Brookfield Reinsurance offers a broad range of insurance products and services, including life insurance, annuities, and personal and commercial property and casualty insurance. Brookfield Reinsurance’s assets are managed by Brookfield Asset Management (NYSE/TSX: BAM), Brookfield’s leading global alternative asset manager with over $1 trillion of assets under management across real estate, infrastructure, renewable power and transition, private equity and credit.

Brookfield Culture

Brookfield has a unique and dynamic culture.  We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader:  Entrepreneurial, Collaborative and Disciplined.  Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.


Job Description

BAM Re is seeking an Analyst/Associate to join our New York-based investment team where this individual will play a key role in developing and implementing portfolio strategy as part of BAM Re’s asset allocation team and alongside senior leadership. Responsibilities will include assisting in the creation and evolution of strategic asset allocation, new business pricing, and relative value analysis across fixed income and equities.

Key Accountabilities

  • Assist in formulating asset allocation strategies for the investment portfolio backing life, annuities, and pension risk transfer liabilities and perform optimizations around asset-liability management, returns and capital within the context of investment guidelines

  • Coordinate with senior team members on the implementation of the strategic asset allocation plan, monitor investment pipelines and assist on execution of investments

  • Collaborate with the investment and risk teams on asset modeling, cashflow and sensitivity analysis

  • Develop and present reports on investment performance and risk. Monitor compliance with investment policies and trust guidelines

  • Coordinate with the actuarial and finance teams on providing investment assumptions for actuarial modeling and business planning

  • Liaise with the investments, treasury, and operations teams to ensure proper liquidity management

Candidate Profile

  • Bachelor’s degree with an excellent academic record, degree in a quantitative field of study a plus

  • At least 1-5 years of portfolio management, asset-liability management, or cross asset class experience

  • Strong capabilities in MS Excel, familiarity with programming languages preferred

  • Outstanding analytical and problem-solving skills

  • High attention to detail, intellectual curiosity, and motivation

  • Excellent verbal and written communication skills

Salary Range: $140,000 - $200,000

Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education and designations.

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it.  Accordingly, we do not tolerate workplace discrimination, violence or harassment.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.