Ares is seeking a full-time Associate to join our dynamic and growing Insurance Solutions team. The Associate will provide day to day operations and analytics support across all aspects of our business and work closely with senior members of Ares Insurance Solutions on a variety of activities.
Requirements
- Monitor and analyze investment portfolios to develop an understanding of positioning and how the team can enhance portfolios to support the objectives of Aspida/Aspida Re.
- Updating and managing asset/market grid templates to support asset allocation decision making.
- Performing portfolio optimization to support asset allocation process, using existing AIS models.
- Work closely with AIS CIO/PMs to provide front-office support on topics such as security analytics, asset allocation, and ALM
- Develop Fixed Income pricing models as part of the AIS in-house quantitative library buildout for the purposes for producing security level analytics under different deterministic and stochastic scenarios
- Model and recommend hedging strategies for rates, spreads and currencies to protect NII and minimize P&L volatility
- Support production of risk and compliance reports.
- Collaborating with Ares asset managers and Operations teams to source and aggregate security level analytics, including cash flows, duration, spread, etc.
- Supporting the validating and reviewing models, built within AIS and / or sent to AIS by other parts of Ares / Aspida businesses.
- Preparing investment committee memos, board presentations, regulator and / or rating agency materials.
- Providing ad-hoc analytical and reporting support as needed by the AIS Team.
Benefits
- Comprehensive Medical/Rx
- Dental
- Vision
- 401(k) program with company match
- Flexible Savings Accounts (FSA)
- Healthcare Savings Accounts (HSA) with company contribution
- Basic and Voluntary Life Insurance
- Long-Term Disability (LTD) and Short-Term Disability (STD) insurance
- Employee Assistance Program (EAP)
- Commuter Benefits plan for parking and transit
