Fma Insurance Solutions, Associate

About this role
Insurance Solutions Strategist; Associate
The Global Insurance Solutions team, within the Financial Markets Advisory group, is a specialist, product agnostic investment strategy and structuring team, which focuses on insurance clients and serves the entire BlackRock platform. The team engages client businesses and portfolio managers across the whole firm to build new and innovative market leading investment solutions, and position existing BlackRock products, appropriately for our insurance clients. In addition, we engage with our insurance clients on complex investment strategy advisory engagements on asset allocation, risk and capital management, and peer analysis.
The Insurance Solutions team is hiring for an Insurance Strategist in the Americas region. Insurance Strategists are regional insurance investment experts who assess local needs and work with client and investment teams to design and deliver appropriate mandates for insurers.
Responsibilities

• Complement BlackRock's coverage of insurers (particularly C-Suite officers, the Head of ALM, the Chief Actuary and Head of Asset Allocation) through technical engagement of enterprise objectives and the implications of these objectives on their investment strategy with a view to building relationships based on knowledge and trust which lead to the origination of commercial opportunities
• Work directly with clients and internal partner teams on advisory engagements focused on asset allocation, risk and capital management, and ALM with a view to guiding the client towards the most appropriate investment solution or investment product given their unique considerations and objectives
• Support all internal portfolio management and product strategy teams, and all distribution channels across the platform, with insurance investment, regulatory, accounting and liability expertise to help them position or design investment management products and services in a way that is appropriate for insurers
• Develop a thorough knowledge of BlackRock's capabilities, products and services, and integrate this knowledge into analytical solutions for insurers. Identify gaps in existing provision and drive the development of new services
• Assist with the production of insurance focused research and thought leadership publications
• Maintain strong relationships with internal partners in the BlackRock Investment Institute (economists), Aladdin Financial Engineering (quantitative modelers), Financial Institutions Group (client relationship managers), and relevant investment teams to drive holistic portfolio solutions for insurers to generate strong commercial outcomes.

Skills / Qualifications / Experiences:

• At least 3 years of professional experience in insurance investment strategy or related experience gained via an asset manager, investment bank, consultancy, or insurance company
• Practical experience and/or knowledge of investment strategy design, asset classes, and asset-liability management techniques used by insurers
• Some familiarity with the accounting, regulatory, risk management and strategic frameworks under which insurers in the region operate
• Excellent communication skills and the ability to explain complex topics to non-technical individuals, both verbally and in writing
• Excellent problem-solving abilities, intellectual curiosity, and experience understanding and solving complex issues
• High level of integrity enabling the candidate to become a trusted partner to clients and peers
• Proficiency in Python, VBA, R, or other programming languages a plus
• Progress towards or attainment of professional designations such as CFA, FRM, CAIA, FSA, etc. would be viewed favorably, but not essential

For New York City only: The salary range for this position is $115,000 - $147,500. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.
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.
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.
For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.