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Selby Jennings · 4 days ago

Asset Allocation Specialist (Cross-Asset) on Premier Investment Team (NYC/Remote)

United States

Full-time

Remote

Senior Level

7+ years exp

Selby Jennings is a leading investment team seeking an Asset Allocation professional to join as a Vice President. The role involves designing and managing strategic asset allocations, generating new investment ideas, and overseeing external manager due diligence and performance oversight.

BankingEmploymentRecruiting

Hiring Manager

Mike Hillebrecht

Responsibilities

Strategic Asset Allocation - Design and manage strategic asset allocations for existing portfolios by incorporating key inputs such as current portfolio holdings, cross‑asset relative value assessments, Treasury cash‑flow projections, dividend forecasts from Capital Planning, liability data from Actuarial, and broader capital market assumptions

New Idea Generation and Proposal Development - Assess prevailing market conditions to formulate strategic and tactical asset allocation recommendations for presentation to group and local investment committees. A core responsibility is the development of clear, well‑structured, and defensible investment proposals. Collaborate closely with Tax, Accounting, Legal, Regulatory, Actuarial, Capital Management, Treasury, and other internal partners to design and implement new investment strategies

External Manager Due Diligence and Performance Oversight - Oversee the selection, onboarding, and ongoing monitoring of external managers across core fixed income and specialized asset classes, including public and private equity, real estate, bank loans, high yield, emerging market debt, and other strategies. Conduct comprehensive due diligence on prospective managers and evaluate co‑investment opportunities under consideration

Qualification

Asset AllocationInvestment Management PrinciplesExternal Manager Due DiligencePortfolio ConstructionFinance Degree

Required

Seven years of experience within an insurance‑company asset management environment

Strong knowledge of investment management principles, including strategic and tactical asset allocation and capital market dynamics

Experience partnering with external investment managers or internal portfolio managers to develop benchmarks, construct portfolios, and analyze efficient frontiers

Bachelor's degree required; advanced degree preferred, with academic focus in finance, economics, statistics, or a related quantitative discipline