Director, Investments

Job Summary

The Director will lead the production and ongoing management of investment-related deliverables for the Company’s institutional businesses, including Pension Risk Transfer (PRT), Funding Agreement Backed Notes (FABN), and the offshore reinsurance platform.

This role serves as a senior technical and strategic resource across the institutional investment team, providing thought partnership to portfolio managers, independently driving cross-functional initiatives, and developing new analytical capabilities with minimal direction. A core focus of the role is portfolio oversight and decision support, requiring the ability to synthesize complex information, identify emerging issues, and recommend actionable solutions across ALM, new business, and in-force management workstreams.

The position reports to the AVP of Investments and works closely with external asset managers and internal stakeholders across Investments, Treasury, Actuarial, Finance, and FP&A to ensure alignment, execution, and continuity of investment-related initiatives.

Duties and Responsibilities

Inforce Management/Asset Liability Management (ALM)

• Analyze actual versus expected investment deployment related to new business flows; independently identify deviations, diagnose root causes, and recommend corrective actions.
• Maintain an enterprise-level view of portfolio liquidity, cash positioning, and reinvestment capacity across products, legal entities, and asset classes.
• Monitor portfolio runoff, liquidity needs, and reinvestment timing to support business growth and capital efficiency.
• Track and evaluate asset-liability cash flow profiles and portfolio positioning relative to risk limits, investment guidelines, and strategic objectives.
• Proactively identify emerging risks, inconsistencies, or misalignments before they become material issues.

Strategic Asset Allocation (SAA)/New Business Planning

• Lead the design, implementation, and ongoing refinement of Strategic Asset Allocation frameworks for the Company’s institutional business lines and offshore reinsurance entities.
• Partner with external asset managers and internal stakeholders to forecast asset needs and future purchase activity.
• Evaluate new investment opportunities in the context of portfolio fit, liquidity, capital efficiency, and ALM objectives.
• Provide analytical support for pricing, new business onboarding, and long-term portfolio planning.

Tactical Asset Allocation (TAA)

• Drive intra-year portfolio optimization to align asset allocation with evolving business needs, market conditions, and product-specific pricing considerations.