Location
Brookfield Place New York - 225 Liberty Street, 8th FloorBusiness - 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
Brookfield Wealth Solutions (“BWS”) is seeking a Associate / Senior Associate of P&C Portfolio Management to join our New York-based investment team. The Associate / Senior Associate will play a key role in overseeing the portfolio management of BWS’ property and casualty (“P&C”) portfolios alongside senior leadership. The role will involve day-to-day portfolio management, development and tracking towards long-term strategic asset allocation, and maintaining portfolio and capital projection models.
Key Accountabilities
- Lead development of asset allocation and deployment plans for investment portfolios backing P&C liabilities by working closely in tandem with BWS senior leadership and BAM credit and equity teams
- Lead initiatives for income enhancement and capital optimization and report on relevant metrics around risk, liquidity and capital
- Oversee day-to-day execution of investment portfolio
- Report on performance, portfolio updates, and other views to both internal and external parties
- Lead and develop team and ensure that staffing and skills are aligned with broader business needs
- Coordinate with the actuarial and finance teams on providing investment assumptions for actuarial modeling and business planning
Candidate Profile
- Bachelor’s degree with an excellent academic record, degree in a quantitative field of study a plus
- 4-6 years of insurance asset allocation, 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: $180k - $220k
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 an EEO employer and does not make hiring decisions based on status in a protected class.
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.Brookfield Asset Management Inc. Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Brookfield Asset Management Inc. and has not been reviewed or approved by Brookfield Asset Management Inc..
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Retirement Support — The 401(k) provides a dollar-for-dollar company match on employee contributions with quick eligibility, auto-enrollment, auto-increase, and a year-end true-up. These features indicate strong employer commitment to long-term savings.
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Healthcare Strength — Medical, dental, and vision coverage start on day one with multiple plan choices, plus wellness and mental-health resources and an EAP. Coverage breadth also includes domestic partner eligibility.
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Affordable Benefits — A wellness incentive can reduce employee premiums across medical options. This points to intentional cost-management features that help keep out-of-pocket expenses in check.
Brookfield Asset Management Inc. Insights
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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. Phishing and Fraudulent Websites Warning Please be aware of the misuse of the Brookfield name and brand by individuals and groups fraudulently publishing fake websites and engaging in “phishing” scams that seek personal or confidential information from potential job candidates. This includes the posting of fake Brookfield job offers on LinkedIn and other career sites. 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.
