Group Investment Manager

Job Summary

This role is primarily responsible for the management of Chaucer’s investment portfolio. This includes managing and executing against the risk framework and appetite, investment objectives, related investment strategy and strategic asset allocation. This role will help the Deputy Head of Investments update SAA work, suggest investment strategy changes, conduct 3rd party manager searches, manager decision making and the lead for onboarding new mandates. All investment related reporting to boards, Finance & Investment Committee, Exec Team, regulators, parent company and other stakeholders is included in the remit.

Investment Strategy

• Provide an in-depth macroeconomic view for US, UK and Eurozone markets and related impact on investment products held and potential asset classes.
• Work with the Deputy Head of Investments and 3rd party managers in conducting strategic asset allocation analysis.
• Carry out analysis and reporting, including scenario analysis, modelling the impact of changes to asset allocations.
• Conduct manager searches and assess responses, suggesting recommended manager to be selected.
• Lead the onboarding of any new mandates, including internal governance, IMAs, custody set up etc.
• Support the construct of investment related benchmarks.
• Produce relevant papers seeking approval from Boards, Finance & Investment Committee, Execs, parent company as required to approve of any strategy changes.

Investment Risk

• Assess the appropriateness of the Investment Risk Framework and Appetite and suggest changes as required.
• Manage the portfolio to the Investment Risk Framework and Appetite and regulatory restrictions.
• Produce all investment risk metrics and related reporting.
• Ensure all portfolios are compliant with risk and regulatory metrics.
• Support the asset liability management process.

Investment Reporting

• Produce performance and asset allocation reporting to Deputy Head of Investments.
• Produce investment related MI reporting including to the following stakeholders: CFO, Exec Team, Finance & Investment Committee, Boards.
• Produce investment related reporting to China Re including all regular reporting and ad-hoc request.
• To own all regulatory and statutory investment related reporting including Lloyd’s returns, group financial statements, local returns.

Third Party Managers

• Lead on oversight of managers including performance, compliance, execution and controls.
• Manage any changes in mandates/IMAs up to execution
• Support any RFP process as and when required.
• Instruct managers as required on specific trades as required.

Other responsibilities

• Work closely within the Investment & Treasury team to understand future capital and cash flow needs and adjust the investment portfolio accordingly.
• Work closely with the Risk Team for all investment related metrics and risk considerations.

Our requirements

Relevant experience

Essential            :

Minimum 5 years’ experience working in investment portfolio management within insurance industry, having first-hand experience of the tasks listed in Main Duties.

Desirable

Lloyd’s of London investment management experience

Technical skills

Essential           

In depth knowledge of investment markets and products

Excellent coding, Excel, PowerPoint, report writing, Bloomberg skills

Education & Experience

Essential           

Qualified Actuary or CFA (long standing experience will be accepted)

Personal skills

Highly motivated and confident individual with positive work ethic

Excellent at managing own workload and working on own initiative.

ABOUT US

Chaucer is a leading insurance group at Lloyd’s, the world’s specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups.

Our headquarters are in London, and we have international offices in Bermuda, Copenhagen, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website.

Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislation). 
A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment.
We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.