Location
Brookfield Place New York - 250 Vesey Street, 15th Floor
Business - Wealth Solutions
Brookfield Wealth Solutions (“BWS”; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance
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 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
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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
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Coordinate with senior team members on the implementation of the strategic asset allocation plan, monitor investment pipelines and assist on execution of investments
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Collaborate with the investment and risk teams on asset modeling, cashflow and sensitivity analysis
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Develop and present reports on investment performance and risk. Monitor compliance with investment policies and trust guidelines
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Coordinate with the actuarial and finance teams on providing investment assumptions for actuarial modeling and business planning
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Liaise with the investments, treasury, and operations teams to ensure proper liquidity management
Candidate Profile
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Bachelor’s degree with an excellent academic record, degree in a quantitative field of study a plus
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At least 2-5 years of portfolio management, asset-liability management, or cross asset class experience
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Strong capabilities in MS Excel, familiarity with programming languages preferred
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Outstanding analytical and problem-solving skills
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High attention to detail, intellectual curiosity, and motivation
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Excellent verbal and written communication skills
Salary Range: $160,000 - $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.
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What We Do
Brookfield is invested in long-life, high-quality assets and businesses around the world that form the backbone of the global economy. With over $850 billion in assets under management, and over 100 years’ experience as an owner and operator, we put our own capital to work in virtually every transaction, aligning interests with our partners and investors, and bringing the strengths of our operational expertise, global reach and large-scale capital to bear in everything we do.
To learn more about our global businesses spanning renewable power and transition, infrastructure, real estate, private equity and credit, please visit www.brookfield.com.
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You can find more details on what to look out for and how to report potentially fraudulent activity at https://www.brookfield.com/web-fraud-and-phishing-warning.
