Legal & General Retirement America Stamford , CT 06904
Posted 2 weeks ago
Overview
Legal & General is a leader in Pension Risk Transfer with over 35 years of experience globally, servicing over a million annuitants. Building on our global success, we established our Pension Risk Transfer platform in the US in 2015. The business has grown steadily and in 2023 we wrote $1.9 billion in new business premium.
At Legal & General Retirement America, we aim to make a positive difference in the lives of our customers, partners, colleagues, and the communities in which they live. We are passionate about what we do and how we do it. This means working with pace and energy to reach our goals and challenging ourselves to achieve more. We strive to create a unique environment where balance between work and life is possible, and we’re proud to say in 2023, we were awarded a Great Place to Work for the second year in a row.
Purpose and Objective
The Portfolio Manager will assist the Chief Investment Officer in this newly created position and be the lead individual person responsible for the asset liability management of LGA’s life insurance and PRT Pension Risk Transfer businesses. This person role will assist in managing the investment portfolios of Legal & General America’s Insurance and Pension Risk Transfer businesses. These portfolios are managed to a set of aggregate targets – including target allocation percentages and durations by asset class – with assets spanning multiple legal entities, each of which have unique portfolio constraints, and capital and liquidity requirements.
LGA’s Investments Team is responsible for investment strategy formulation and implementation, and aggregate portfolio management by working with various functions within Legal & General in the US and London. Daily asset management is handled by our internal and external asset managers. This role will work closely with various teams in the Stamford, Frederick and Chicago, offices as well as in the London headquarters.
Role and Responsibilities
Portfolio positioning management
Asset liability management
Auxiliary responsibilities
Requirements
Benefits
The expected hiring compensation range for this position is $220,000- $240,000 USD annually. Base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The current bonus target for the position is 30% of the base salary with a stretch to twice the target, modified for corporate and individual performance.
This role is to be filled outside of the state of Colorado
We are an equal-opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Legal & General Retirement America