AIM Associate - Alternative Assets | Hybrid

Job description

At Allianz Life, we are guided by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting societal equity.

 

What you do:

Perform analysis, support research, allocation recommendations for fund and asset manager selection and oversight for alternative assets (private debt emphasis, private equity, Impact investments, real estate) within the AIM Capital Markets & Sourcing team as part of the broader AIM US Investment Management function. You will report into the AIM VP/AZL Dir II-Capital Markets. Areas of focus include:

 

• Asset class research and financial modeling for alternative assets with focus on private debt (direct senior lending, junior debt and opportunistic) with the perspective of relative value, capital efficiency and risk assessment for insurance balance sheet.

• Deep dives focused on fund collateral composition, credit subordination, stress testing, ratings migration trends, payment waterfalls and capital consumption under RBC and S&P capital models

• Providing regular asset class reports; support the preparation and sharing of investment narratives within AIM and external partners in collaboration with other investment management departments for agreement

• Work on asset manager selection and asset management oversight to assess performance and other KPIs for separate accounts and fund managers for the Allianz Life general account portfolio

• Collaborate with portfolio allocators on investment recommendations within alternative assets sub-sectors with view on SAA and portfolio fit, capital consumption, liquidity, and excess returns

• Support team and mentor junior professionals on manager selection, due diligence, legal document review and execution for new strategies

 

What you bring:

• Minimum 2+ years of investment experience at bank, insurance company or asset manager; demonstrated skills in alternative assets research and analysis

• Excellent verbal and written communication skills (story-telling ability with market and portfolio data) to support the growth of rated notes and alternative assets allocations

• Relevant investment systems experience for alternative assets modeling (Excel, Bloomberg, Aladdin etc.)

• 4yr degree required: accounting, finance, economics or related field

Preferred: enrollment / progress in CFA or MBA program

 

What we offer:

At Allianz Life, we’re proud to provide a benefits package that supports the True Balance of our employees and their families. We offer: a choice of comprehensive medical, dental and vision plan options, health savings account, tuition reimbursement, student loan retirement plan, generous annual paid leave, an outstanding 401(k) company match, and life insurance. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that welcomes, includes and celebrates diversity. Our great benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re recognized as a top workplace employer.

46716 | Asset & Investment Management | Professional | Allianz US Life | Full-Time | Permanent

Warning: When posting this job advertisement on an external job board, the length of the following fields combined must not exceed 3950 characters: "External Posting Description", "External Posting Footer"

 

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

 

Join us.  Let’s care for tomorrow.   

Nearest Major Market: Minneapolis