Director, Financial & Strategic Investors Group – Insurance Investment Solutions

About this role

Team Overview

The Insurance Advisory & Investment Solutions team is a team of insurance specialists that collaborates with partners across the BlackRock platform to deliver focused solutions for insurance clients.

The team is comprised of Insurance Investment professionals, with diverse backgrounds from asset management, investment banking, insurance, and consultancy. We use our collective insurance, analytics, and investment expertise and experience to deliver effective investment propositions that address the needs of our insurance clients.

Responsibilities

This is a regional role based in Hong Kong, reporting to the International Head of Investment Solutions and primarily focused on addressing the needs of APAC Insurance clients. The key responsibilities are to:

• Apply ALM, strategic asset allocation and capital management techniques to design investment strategies that provide good trade-offs between capital requirements, return, risk, transaction costs and liquidity needs.
• Lead complex asset allocation and asset-liability management engagements across a broad spectrum of asset classes to help inform clients’ investment strategy.
• Keep abreast of the implications of regulatory, accounting and capital frameworks on investment, product development and risk management decisions made by insurance companies.
• Build and maintain strong relationships with internal partners across the BlackRock platform, including Client, Technology and Investment Teams, to deliver effective investment propositions leveraging insurance focused regulatory, accounting and liability expertise.
• Provide insights to inform our strategy in relation to Insurance clients. Anticipate future needs across investments and investment technology.

Knowledge/Experience:

• Significant industry experience, likely 10+ years, most likely gained within an asset manager, investment bank, consultancy, or insurance company, including material local experience working at or with Hong Kong or Regional Insurers. Wider global or regional experience beneficial.
• Strong knowledge of the business models of life insurance companies, the regulatory and accounting constraints under which they operate and the general application of insurance and fund regulation. Sound understanding of local insurance liabilities.
• Skills commensurate with holding an investment, risk management, actuarial or other technical role in a life insurance, reinsurance, or banking environment.
• Strong interpersonal and communication skills including the ability to engage senior business leaders, both internally and within client organizations.
• Ability to independently identify, analyze and strategise on themes and market events which are relevant for the business.
• Strong project management skills. Ability to identify key actions and coordinate diverse multidisciplinary groups to deliver focused insurance capabilities to our clients.
• Practical experience in the design and implementation of investment and ALM strategies utilised by insurers when managing assets invested to meet liabilities.
• Previous exposure to, and competence in, the operation of both local and global capital markets.
• Fluency in English. Mandarin and/or Cantonese a benefit.

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 Employer.  We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.