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Allianz Life · 9 hours ago

AIM AVP - Head of Alternative Assets - Capital Markets & Sourcing | Hybrid

Minneapolis, MN

Full-time

Hybrid

Senior Level, Lead/Staff

$114K/yr - $221K/yr

8+ years exp

Allianz Life is committed to securing the future of its customers and employees through an inclusive culture and innovative products. The AIM AVP - Head of Alternative Assets will lead the sourcing and execution of new investment opportunities while mentoring junior professionals and collaborating with various teams to ensure effective asset management.

InsuranceLife InsuranceRetirement

No H1B

Responsibilities

Lead sourcing, due diligence, execution and monitoring of alternative assets as part of the broader Allianz Life general accounts with a focus on private debt (direct senior lending, asset-based finance, commercial mortgage funds, and opportunistic credit) with the perspective of relative value, capital efficiency and risk assessment for insurance balance sheets

Conduct deep dives focused on fund collateral composition, credit subordination, stress testing, ratings migration trends, payment waterfalls and capital consumption under RBC and S&P capital models

Oversee periodic fund reporting across relevant performance metrics; support the preparation and sharing of investment narratives within AIM and external partners in collaboration with other investment management functions

Collaborate with Head of Asset Manager Partnerships on asset manager selection and oversight of rated note and private fund managers for the Allianz Life general account portfolio in collaboration with AIM and global colleagues

Collaborate with portfolio allocators on investment recommendations within alternative assets sub-sectors with view on SAA and portfolio fit, capital consumption, liquidity, risk profile and excess returns

Champion the Aladdin eFront worksteam for enhanced data and analytics, look-thru granularity for the alternatives portfolio with emphasis on MML direct lending and other private debt funds

Support team and mentor junior professionals on manager selection, due diligence, legal document review and execution, on-going lifecycle monitoring for new strategies

Utilization of artificial intelligence tools and resources (e.g. generative AI) to support document review, due diligence and investment research needs

Qualification

Private debt expertiseAlternative assets knowledgeInvestment systems experienceDue diligenceLeadership skillsCommunication skillsCoachingAnalytical skillsArtificial intelligence toolsFinancial modelingDocument reviewMentoringCollaboration

Required

8+ years of relevant work experience at insurance company, bank or asset manager with focus on private debt and alternative assets in client facing capacity

Strong leadership and excellent verbal and written communication skills (story-telling ability with market and portfolio data)

Investment systems experience for alternative assets modeling (Excel, Bloomberg, Aladdin and eFront, etc.)

Four-year degree required: Accounting, Finance, Mathematics, Economics or related technical field

You must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future. This includes holders of H-1B, H4, L-1, L-2, TN, OPT, CPT, and other nonimmigrant visas

Benefits

A choice of comprehensive medical, dental and vision plan options

Flexible spending and health savings accounts

Tuition reimbursement

Student loan retirement program

Generous annual paid leave

An outstanding 401(k) company match

Life insurance

Discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias

Company

Allianz Life

Glassdoor4.1

Allianz Life Insurance Company of North America (Allianz Life®) has been trusted since 1896 to help millions of Americans prepare for financial uncertainties and retirement with a variety of innovative risk management solutions.

Founded in 1896

Minneapolis, Minnesota, USA

1001-5000 employees