Description: Insurance Portfolio Manager - London Mercer is the largest OCIO manager in the world, and also the largest insurance advisory.
We are looking for a candidate to lead our OCIO insurance portfolio management function, which will entail managing existing OCIO mandates for insurers, and being an active participant on deal teams relating to new opportunities.Mercer's Investments business is a leading provider of investment consulting and investment solutions globally.
We offer customised advice and support at every stage of the investment decision, risk management and investment monitoring process.
The Investment Solutions business, catering for clients who wish to delegate the implementation of their investment strategy, has grown very rapidly over recent years and governs over $150 billion in client assets across Europe and Asia.Mercer is a global leader in the provision of investment related services to a wide range of institutional clients including pension funds, insurance companies, wealth managers and endowments.
The firm also has a significant global presence in human resource consulting and related services.
Globally, across all business segments, Mercer has more than 20,000 employees based in more than 40 countries.What can you expect:Mercer is hiring a Senior Portfolio Manager to join our Portfolio Management team focused on the Insurance segment.
Based in London or Dublin, the Insurance Portfolio Manager will have responsibility for managing portfolios for insurance investors with a particular emphasis on the fixed income asset classes.
The role will involve portfolio design, manager selection and portfolio construction under delegated management and will benefit from the scale and reach of an existing discretionary platform of over $150bn in the International regionThe candidate will be a part of a high-performing portfolio management team with a proven track record of bringing innovative solutions to the market and delivering strong outcomes for clients.
Working closely with numerous teams, the candidate will have unparalleled access to some of the leading investment research across the industry and the role will offer the ability to implement these ideas on behalf of our insurance investors across the International regionThe ideal candidate should have a strong experience of working with Insurance investors and deep fixed income expertise as well as a background covering manager selection and portfolio construction with an ambition to grow their career to focus on this specialist area.
Experience managing direct fixed income mandates would be beneficialWhat's in it for you?Competitive Benefits Package including: 25 days annual leave, up to 4 days of flexible bank holidays, excellent pension contributions, private medical cover, life assurance, income protection, employee assistance program, plus a range of flexible benefits including the option to buy or sell up to 5 days holiday per year, cycle to work, dental insurance, health assessments plus many moreWe will count on you to: Form part of a high performing portfolio management team, responsible for managing > $150bn of assets under delegated management invested across a range of solutions spanning the full risk and return spectrumLead the day-to-day management of investment solutions for Insurance clients from an investment perspective and collaborate with multiple different teams across the business This will include liaising with multi-asset and investment strategy teams as well as back and middle office functions to ensure effective implementation of investment decision makingContribute to investment philosophy, portfolio construction and manager selection for our insurance client portfoliosRepresent the portfolio management team internally and externally (including at C-Suite levels)Develop a deep understanding of all asset classes relevant for insurance allocatorsPro-actively identify and manage value-added ad hoc projectsHelp design and implement new investment solutions while supporting business development and client management initiativesPresent to clients with clarity and confidence backed up by a detailed understanding of the subject matterBe a subject matter expert across Insurance clientsHelp lead the day-to-day management of the team including acting as a mentor / managerWhat you need to have: Strong understanding of Insurance investor requirements in general, with an emphasis on insurance fixed income markets, including regulatory regimes, typical insurance constraints (ie gain / loss), investment objectives (total return vs book yield), rating agency considerations, etc.Investment background and highly numerate with an analytical mind-setExcellent communication skills – the ability to effectively present to clients, prospects, market participants and the mediaProven leadership with the ability to influence and challengeAbility to work effectively at all levels of an organization and build strong internal and external relationshipsCritical thinking, naturally curious and a problem-solver, with a-get-involved attitudeAbility to work flexibly, independently and collaboratively as part of a teamWhat makes you stand out:Ideally CFA/ CAIA/ FSAI/FIA qualified (or similar)A wealth of investment experienceOrganized with a strong attention to detail and the ability to meet tight deadlinesA strong communicator, both internally and externally, and have an ability to navigate across the various teams across Mercer globally
