What are the responsibilities and job description for the Senior Portfolio Analyst -- Structured Products position at venerable?
As a Senior Portfolio Analyst this role requires your understanding of various aspects of the investment portfolio, investment strategies, and risk analysis as well as interfacing with external investment managers, internal business partners and senior leadership. Venerable currently adheres to a 3 day in-office/2 days work from home hybrid work schedule. Work location is at our West Chester, PA office. Primary responsibilities will involve comprehensive support and contributions to the management of the investment portfolios of Venerable which includes: Support regular surveillance efforts of the Structured Products and Whole Loan portfolios for reporting to internal/external stakeholders. Development and enhancement of asset portfolio processes to ensure accuracy across cash flow models and attribute book yields under Statutory accounting framework. Development and enhancement of new and existing investment portfolio dashboards and asset reporting. Partnership with internal data teams to provide information flow for portfolio analysis and quality assurance of mission-critical data inputs. Demonstrating understanding of key factors of investment income and yield component of earnings, capital, or other financial metrics and communicate results as needed. Supporting oversight of compliance with the Investment Management Agreements with external investment managers as well as compliance with any Investment Guidelines and Investment Policies. Understanding of relative value and investing under an insurance capital framework. Interfacing with Risk, Investment Operations, Treasury, and Finance teams as needed. Maintaining understanding of product liability structures, asset-liability management needs and relevant legal entity structure, including Reinsurance trusts. Analyzing cash flow, duration or other ALM needs and assisting the Portfolio Manager in incorporating needs into investment strategies and investment portfolio management. Contributing to liquidity management, including monitoring daily liquidity needs and the Reinsurance Trusts, recommending and implementing actions needed to maintain appropriate levels of liquidity, interfacing with Treasury on short and long-term cash needs and projections, and maintaining potential FHLB borrowing program. Sustaining knowledge concerning industry or peer activities and trends relating to Insurance investment portfolios, demonstrating an understanding of the implications for Venerable. Key Required Qualifications: Minimum 2 - 5 years as a Structured Products and/or Real Estate Portfolio Analyst. Bachelor’s degree in Business, Finance, Risk Management, Actuarial Science, Data Analytics, or related field. Experience with one or more of the following asset classes required: ABS, CLOs, CMBS, RMBS, Commercial/Residential mortgage whole loans. Knowledge of asset-liability management, insurance company regulations, and insurance capital frameworks, variable annuity products/liabilities a plus. Experience with Intex and Bloomberg preferred; Clearwater and BlackRock Aladdin a plus. Highly analytical, strong oral and written communication skills, detail-oriented with strong problem-solving skills, able to work in fast-paced entrepreneurial environment. Chartered Financial Analyst or progress towards CFA designation or Actuarial designation a plus. Please note: The use of AI tools (such as ChatGPT or similar platforms) during interviews is not permitted without the prior approval of Venerable, as the use of such tools may interfere with company confidentiality, misrepresent a candidate’s skills and experience or otherwise conflict with Venerable’s hiring policies. If you are selected for an interview and a reasonable accommodation is needed, please notify the Venerable Human Resources recruiter aligned to the open position in which you are interviewing for. If Venerable, in in its sole discretion, determines that AI is being used during an interview without prior approval, Venerable reserves the right to end the interview early and/or disqualify a candidate. #LI-MB01 Venerable Values: Every position at Venerable has responsibility for living out the company's values as described here: We are Courageous - We think critically, ask "why?" and seek out creative solutions. We are Curious - We take calculated risks, learn from out failures, and challenge traditional ways of thinking. We are Connected - We are connected to each other, our customers and our community. Competitive Compensation, Benefits, Current Hybrid Work Schedule and a Generous PTO Package! Introduce Yourself To Our Team Of Recruiters Are you interested in joining the Venerable team but don't see a job posting that aligns with your goals? Introduce yourself to our recruiters for consideration in future positions below. Would you like to be alerted if a new job is posted? Set a custom job alert that aligns with your career aspirations. Click on "Job Alerts" in the top right corner of this screen to get started. Not seeing it? You have to be signed in to your Candidate page. To do this click on "Sign In" in the top right corner of page. Founded in 2018, Venerable owns and manages legacy annuity business acquired from other entities. Created by an investor group led by affiliates of Apollo Global Management, LLC, Crestview Partners, Reverence Capital Partners, and Athene Holdings, Ltd. Venerable is a business with well-established, strategic investors, experienced in successfully building and growing insurance businesses with patient, long-term capital. We provide innovative risk transfer solutions to companies with variable annuity blocks who seek to rebuild a secure financial future. We will be the answer for companies focused on long term prosperity. Together, we are visionaries. We embrace change, overcome challenges and act like owners. We inspire, support and empower one another. We thrive on trust, decisiveness and transparency. We are committed to dismantling and eliminating systemic racism and invested in ensuring change is constantly evolving. As an organization, Venerable stands by our core values and consistently works to sustain an equitable environment where diverse perspectives and backgrounds are core to ensuring organizational success. Our Equity, Diversity, and Inclusion program involves colleagues from throughout our organization and is focused on five core topics to drive change - Education and Perspective Seeking, Training, Investments, Volunteerism, and Human Resource Practices. We are also proud members of CEO Action for Diversity & Inclusion, participants in supporting events in the communities in which we operate, and contributors to the Society of Black Actuaries and Federation of Iowa Insurers Race and Insurance working group.