Vice President, Asset Allocation, Ares Insurance Solutions (AIS)

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

Roles & Responsibilities

Ares is currently seeking an experienced investment professional to join the Asset Allocation team within Ares Insurance Solutions. AIS is our dedicated in-house team that seeks to provide asset management, origination, risk analytics, capital, and M&A services to insurance clients globally. The team currently manages ~$30bn of AUM across a broadly diversified asset portfolio and is the investment manager, capital solutions provider and corporate development partner to Aspida, a leading U.S. life and annuity insurance and reinsurance company.

The position would support the construction and implementation of strategic and tactical asset allocation across multiple asset classes for clients in the Life and Annuity Insurance and Reinsurance space. This role will play an integral part in the investment process, working closely with senior investment professionals to deliver on portfolio performance objectives.

• Strategic and tactical asset allocation for new business and in-force portfolios (30bn+ AUM), incorporating top-down macro views, asset sourcing constraints, and relative value across public and private markets.
• Design and implement pricing portfolios for new business (10bn+ per year), aligning liability and asset cashflows while optimizing across capital, return, and investment guideline constraints.
• Asset–liability management (ALM), including cash flow matching under multiple market scenarios, liquidity planning, and profitability sensitivity analysis across product lines (e.g., FDA, FIA, RILA, UL) and geographies (US, UK, Europe, Asia).
• Lead end-to-end asset work for reinsurance transactions (Block, Flow), including inherited asset negotiation, derivatives strategies for risk management, investment guideline negotiation, and target portfolio rotations over defined horizons.
• Manage enterprise liquidity across account groups, deploying capital and raising liquidity via tools such as repo and FHLB funding
• Coordinating daily allocations of liquid and illiquid assets across clients.
• Oversee relationships with third-party asset managers including mandate design, guideline alignment, performance monitoring, and deployment.
• Contribute to integration and development efforts across broader Ares platform driving standardization of frameworks, best practices, and reporting across the investment office.

Requirements

• Bachelor’s degree in finance, accounting, economics, mathematics or related field (CFA a plus)
• 7+ years of progressive experience in asset allocation, portfolio management, and ALM
• Demonstrated expertise in constructing strategic and tactical allocation plans across a broad set of asset classes
• Deep understanding of insurance product liability profiles and capital requirements across multiple jurisdictions.
• Proven track record executing complex reinsurance transactions
• Experience managing investor and board-level communications with the ability to articulate investment strategy, performance, and risk positioning to senior stakeholders.
• Excellent analytical, communication, and leadership abilities
• Demonstrated capacity to build and refine investment frameworks, mentor junior staff, and drive integration and process improvement across an investment office.
• Highly proficient in Excel, PowerPoint, and Word (Python a plus)

Reporting Relationships

Compensation

$185,000 - 220,000

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.