Vice President / Principal, Portfolio Manager, Ares Insurance Solutions

Over the last 20 years, Ares' success has been driven by our people and our culture. Today, our team is guided by our core values - Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy - and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Job Description

Ares is seeking a full-time Vice President / Principal to join our dynamic and growing Insurance Solutions team. The candidate will be an integral part of the investment team and work closely with senior members of Ares Insurance Solutions ("AIS") on a variety of activities pertaining to the investment portfolio.

Ares is seeking a full-time Vice President / Principal to join our dynamic and growing Insurance Solutions team. The candidate will be an integral part of the investment team and work closely with senior members of Ares Insurance Solutions ("AIS") on a variety of activities pertaining to the investment portfolio.

AIS is an in-house team that provides asset management, capital solutions and corporate development services to Ares Management's strategic initiatives in insurance, including Ares' new life and annuity platform, Aspida Financial (Aspida.com).

Over the last 20 years, Ares' success has been driven by our people and our culture. Today, our team is guided by our core values - Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy - and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Primary functions & responsibilities :

The candidate will provide input for the day-to-day investment portfolio activities for senior members of Ares Insurance Solutions. Key responsibilities include, but not limited to :

• Management of existing portfolios to execute strategic asset allocation plans, ensuring alignment with AIS / Aspida goals.
• Drive ongoing discussions with asset managers on investment portfolio to include market opportunity for cash deployment, portfolio performance and ensure manager compliance with guidelines by entity.
• Help enhance investment capabilities across new asset classes to support Aspida's competitive positioning in the market.
• Develop and manage portfolio management monitoring, tracking and reporting tools to support investment management initiatives across portfolios.
• Assist with the evaluation, due diligence of new asset class strategies and managers including implementation across Aspida entities based on investment objectives, guidelines risk appetite and ALM constraints.
• Oversee the preparation of investment committee memos and manage onboarding for new managers / strategies.
• Lead relationship with specific Aspida entities and be responsible for communicating market observations, investment strategy, portfolio positioning, performance and guideline compliance.
• Partner with Aspida for the onboarding of new clients / entities.
• Develop professional business relationships and partner with risk management, actuarial, financial and other Ares / Aspida team members to support Aspida.
• Provide mentoring and guidance to junior members on the team as AIS continues to grow.

Qualifications :

Education : bachelor's degree required, preferably in Economics, Math or Business. Professional designations such as CFA, CPA, FRM, CAIA, etc., MBA would be viewed favorably.

Experience / Skills Required :

Reporting Relationships

Compensation

The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.

$200,000-250,000

The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive Medical / Rx, Dental and Vision plans; 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), and Commuter Benefits plan for parking and transit.

Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.