Insurance Investment Portfolio Manager - Cigna Investment Management - Hybrid Job at The Cigna Group
Who we are
Cigna Investment Management (CIM) has overall responsibility for the over $30 billion of invested assets for Cigna's Insurance Portfolios and the Cigna Pension Plans. Cigna is a leading global health services and insurance provider and Fortune 100 company whose invested assets include public and private corporate bonds, commercial mortgages, private corporate mezzanine debt and equity, real estate equity, public equity and short-term investments.
What we are looking for:
The Insurance Investment Portfolio Manager is part of the team that manages Cigna's US insurance, International Insurance and Pension portfolios. This job is an important member of the team supporting the overall team goals and managing their own portfolios. This role will collaborate and work closely with other portfolio managers , business and corporate finance partners, trading, fixed income, alternatives and real estate, accounting, legal, finance and IT teams.
Our ideal candidate has experience in insurance portfolio management or asset liability management, enjoys solving complex problems with smart people, has both big picture thinking and attention to detail and likes working with many different teams.
Key Responsibilities
Management of assigned portfolios, development of portfolio strategies, monitoring portfolio metrics, managing liquidity, credit, interest rate risks, implementing purchase and sale programs and allocating investments
Lead development of new models and systems to analyze potential and existing strategies and the impact on regulatory compliance, liquidity management, counterparty exposure, surplus investing and investment income projections
Participate in CIM infrastructure upgrade project working groups and collaborate across CIM and with Data Team to define, manage and govern essential data for portfolio management
Work with portfolio analysts to create communication materials such as quarterly reports to clients, presentations for senior management and external stakeholders and portfolio management reports
Monitor and summarize economics, market themes and market activity for the portfolio management team
Manage overall allocation process serving as point person for insurance portfolios and communicating with asset teams on deal specifics, relative value and portfolio appetite
Manage quarterly Net Investment income review and coordinate with CIM finance to incorporate feedback
Minimum Qualifications
BA/BS in a related subject
CFA or FSA/ASA required. CPA,MBA or other advanced financial designation a plus
Minimum of ten years of investment experience
Demonstrated strong communication skills, intellectual curiosity, sense of urgency, flexibility, organizational agility and interpersonal skills.
Advanced understanding of pension and insurance investing concepts including ALM, LDI, RBC, regulatory requirements
Advanced understanding of investment accounting principles and their impact on portfolio management across multiple relevant accounting frameworks such as insurance regulatory, US GAAP, IFRS and tax accounting
Ability to accommodate limited travel (up to 10%)
Flexibility to participate in calls after normal business hours with international customers
This position is located at our corporate headquarters in Bloomfield, CT with a hybrid in-office/work from home arrangement
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.
About The Cigna Group
Doing something meaningful starts with a simple decision, a commitment to changing lives. At The Cigna Group, we’re dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients. Join us in driving growth and improving lives.
Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.
If you require reasonable accommodation in completing the online application process, please email: SeeYourself@cigna.com for support. Do not email SeeYourself@cigna.com for an update on your application or to provide your resume as you will not receive a response.
The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.
Please Note :
epokagency.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, epokagency.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.
Cigna Investment Management (CIM) has overall responsibility for the over $30 billion of invested assets for Cigna's Insurance Portfolios and the Cigna Pension Plans. Cigna is a leading global health services and insurance provider and Fortune 100 company whose invested assets include public and private corporate bonds, commercial mortgages, private corporate mezzanine debt and equity, real estate equity, public equity and short-term investments.
What we are looking for:
The Insurance Investment Portfolio Manager is part of the team that manages Cigna's US insurance, International Insurance and Pension portfolios. This job is an important member of the team supporting the overall team goals and managing their own portfolios. This role will collaborate and work closely with other portfolio managers , business and corporate finance partners, trading, fixed income, alternatives and real estate, accounting, legal, finance and IT teams.
Our ideal candidate has experience in insurance portfolio management or asset liability management, enjoys solving complex problems with smart people, has both big picture thinking and attention to detail and likes working with many different teams.
Key Responsibilities
Management of assigned portfolios, development of portfolio strategies, monitoring portfolio metrics, managing liquidity, credit, interest rate risks, implementing purchase and sale programs and allocating investments
Lead development of new models and systems to analyze potential and existing strategies and the impact on regulatory compliance, liquidity management, counterparty exposure, surplus investing and investment income projections
Participate in CIM infrastructure upgrade project working groups and collaborate across CIM and with Data Team to define, manage and govern essential data for portfolio management
Work with portfolio analysts to create communication materials such as quarterly reports to clients, presentations for senior management and external stakeholders and portfolio management reports
Monitor and summarize economics, market themes and market activity for the portfolio management team
Manage overall allocation process serving as point person for insurance portfolios and communicating with asset teams on deal specifics, relative value and portfolio appetite
Manage quarterly Net Investment income review and coordinate with CIM finance to incorporate feedback
Minimum Qualifications
BA/BS in a related subject
CFA or FSA/ASA required. CPA,MBA or other advanced financial designation a plus
Minimum of ten years of investment experience
Demonstrated strong communication skills, intellectual curiosity, sense of urgency, flexibility, organizational agility and interpersonal skills.
Advanced understanding of pension and insurance investing concepts including ALM, LDI, RBC, regulatory requirements
Advanced understanding of investment accounting principles and their impact on portfolio management across multiple relevant accounting frameworks such as insurance regulatory, US GAAP, IFRS and tax accounting
Ability to accommodate limited travel (up to 10%)
Flexibility to participate in calls after normal business hours with international customers
This position is located at our corporate headquarters in Bloomfield, CT with a hybrid in-office/work from home arrangement
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.
About The Cigna Group
Doing something meaningful starts with a simple decision, a commitment to changing lives. At The Cigna Group, we’re dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients. Join us in driving growth and improving lives.
Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.
If you require reasonable accommodation in completing the online application process, please email: SeeYourself@cigna.com for support. Do not email SeeYourself@cigna.com for an update on your application or to provide your resume as you will not receive a response.
The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.
Please Note :
epokagency.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, epokagency.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.