Senior Portfolio Analyst -- Structured Products

As a Senior Portfolio Analyst this role requires your understanding of various aspects of the investment portfolio, investment strategies, and risk analysis as well as interfacing with external investment managers, internal business partners and senior leadership. Venerable currently adheres to a 3 day in-office/2 days work from home hybrid work schedule. Work location is at our West Chester, PA office.

Primary responsibilities will involve comprehensive support and contributions to the management of the investment portfolios of Venerable which includes:

• Support regular surveillance efforts of the Structured Products and Whole Loan portfolios for reporting to internal/external stakeholders.
• Development and enhancement of asset portfolio processes to ensure accuracy across cash flow models and attribute book yields under Statutory accounting framework.
• Development and enhancement of new and existing investment portfolio dashboards and asset reporting.
• Partnership with internal data teams to provide information flow for portfolio analysis and quality assurance of mission-critical data inputs.
• Demonstrating understanding of key factors of investment income and yield component of earnings, capital, or other financial metrics and communicate results as needed.
• Supporting oversight of compliance with the Investment Management Agreements with external investment managers as well as compliance with any Investment Guidelines and Investment Policies.
• Understanding of relative value and investing under an insurance capital framework.
• Interfacing with Risk, Investment Operations, Treasury, and Finance teams as needed.
• Maintaining understanding of product liability structures, asset-liability management needs and relevant legal entity structure, including Reinsurance trusts.
• Analyzing cash flow, duration or other ALM needs and assisting the Portfolio Manager in incorporating needs into investment strategies and investment portfolio management.
• Contributing to liquidity management, including monitoring daily liquidity needs and the Reinsurance Trusts, recommending and implementing actions needed to maintain appropriate levels of liquidity, interfacing with Treasury on short and long-term cash needs and projections, and maintaining potential FHLB borrowing program.
• Sustaining knowledge concerning industry or peer activities and trends relating to Insurance investment portfolios, demonstrating an understanding of the implications for Venerable.

Key Required Qualifications:

• Minimum 2 - 5 years as a Structured Products and/or Real Estate Portfolio Analyst.
• Bachelor’s degree in Business, Finance, Risk Management, Actuarial Science, Data Analytics, or related field.
• Experience with one or more of the following asset classes required: ABS, CLOs, CMBS, RMBS, Commercial/Residential mortgage whole loans.
• Knowledge of asset-liability management, insurance company regulations, and insurance capital frameworks, variable annuity products/liabilities a plus.
• Experience with Intex and Bloomberg preferred; Clearwater and BlackRock Aladdin a plus.
• Highly analytical, strong oral and written communication skills, detail-oriented with strong problem-solving skills, able to work in fast-paced entrepreneurial environment.
• Chartered Financial Analyst or progress towards CFA designation or Actuarial designation a plus.

Please note: The use of AI tools (such as ChatGPT or similar platforms) during interviews is not permitted without the prior approval of Venerable, as the use of such tools may interfere with company confidentiality, misrepresent a candidate’s skills and experience or otherwise conflict with Venerable’s hiring policies. If you are selected for an interview and a reasonable accommodation is needed, please notify the Venerable Human Resources recruiter aligned to the open position in which you are interviewing for.

If Venerable, in in its sole discretion, determines that AI is being used during an interview without prior approval, Venerable reserves the right to end the interview early and/or disqualify a candidate.

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