Assistant Portfolio Manager
The Hartford
Director, Asst Portfolio Mgr - VHDIPM
We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.
HIMCO is seeking an Assistant Portfolio Manager to support the Insurance Portfolio Management (IPM) team, with a focus on managing external insurance accounts. The IPM team manages a diverse set of portfolios with a focus on insurance, in a variety of different sectors across fixed income, equity, and alternative asset classes. The Assistant Portfolio Manager is a key member of a team that faces our external insurance clients, and partners closely with portfolio managers, credit research analysts, and traders across the platform on portfolio construction and the development and execution of trade ideas across these insurance accounts. The Assistant Portfolio Manager will report to the Managing Director, Senior Portfolio Manager, and be based in our Hartford, CT home office on a hybrid basis (Tuesday, Wednesday, Thursday in-office).
Responsibilities:
+ Working closely with other team members to assess, develop, and execute on asset allocation initiatives and individual trade ideas to construct a portfolio that meets or exceeds insurance business objectives
+ Collect, model, and analyze data to help develop investment strategies or key client communications, working closely with portfolio managers, credit research analysts, and traders across the investment platform
+ Lead efforts and be accountable for initiatives and researching key questions prompted by the PM team, the Head of Portfolio Management, or our clients
+ Develop new and/or enhance existing investment processes in an effort to add value, decrease risks, and improve upon sustainable, repeatable, durable, and consistent decision-making
+ Monitor, analyze, and proactively communicate portfolio exposures, risks, and market developments, preparing client communications and reports, if needed
+ Demonstrate a grasp and appreciation for client investment guidelines and risk appetite/preferences, combined with knowledge of insurance business objectives to drive outcomes
Qualifications:
+ A minimum of 5 or more years of investment industry experience combined with a minimum of 2 or more years of experience in capital markets – experience making investment recommendations and working closely with portfolio managers, traders and credit research analysts is required. Involvement in the management of third-party insurance relationships is a strong plus. Fixed-income buy-side experience and insurance business knowledge is preferred.
+ Demonstrated strong communication skills – ability to communicate proactively and effectively in a high-pressure environment; able to articulate ideas and strategies clearly, both verbally and in writing, across all levels of the organization and with external clients in an appropriate and time sensitive manner
+ Team player – an individual who thrives on collaborating and working with others to solve problems
+ Client management skills – ability to be responsive, professional, help educate and manage expectations appropriately
+ Solid grasp of capital markets and/or deep knowledge and experience in select asset classes. Excellent modeling skills required, expert Excel skills, experience with Bloomberg and Aladdin a plus
+ Strong drive, attention to detail, and a self-starter with a high degree of intellectual curiosity
+ Bachelor’s degree required; C.F.A. and/or M.B.A. a plus
Hartford Investment Management Company (HIMCO) is the asset management arm of The Hartford Financial Services Group, Inc. (The Hartford). HIMCO is an insurance asset manager with approximately $108 billion in assets under management across the global fixed income and alternatives markets (as of March 31, 2024). The firm manages assets on behalf of The Hartford, as well as insurance, sub-advisory and other institutional clients.
As a condition of your employment for HIMCO, you will be required to affirm to HIMCO’s Code of Ethics and understand that you will be required to comply with the disclosure of accounts, holdings, and pre-clearance of trades for the accounts of you and your household family members as more fully described in the Code of Ethics Key Points. If you will be deemed to be a “Covered Associate” under HIMCO’s Pay to Play Policy, you will also need to disclose all political contributions that you have given within the past 2 calendar years.
Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
$115,360 - $173,040
Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us (https://www.thehartford.com/about-us) | Culture & Employee Insights (https://www.thehartford.com/careers/employee-stories) | Diversity, Equity and Inclusion (https://www.thehartford.com/about-us/corporate-diversity) | Benefits (https://www.thehartford.com/careers/benefits)
Human achievement is at the heart of what we do.
We believe that with the right encouragement and support, people are capable of achieving amazing things.
We put our belief into action by ensuring individuals and businesses are well protected, and by going even further – making an impact in ways that go beyond an insurance policy.
Nearly 19,000 employees use their unique talents in careers that span a variety of disciplines – from developing the latest technology to creating and promoting our products to evaluating future financial risks.
We’re also committed to programs that drive education and support volunteerism, which put human beings first. We do it because it’s the right thing to do, and because when our customers, communities and employees succeed, we all do.
About Us (https://www.thehartford.com/about-us)
Culture & Employee Insights
Diversity, Equity and Inclusion (https://www.thehartford.com/about-us/corporate-diversity)
Benefits
Legal Notice (https://www.thehartford.com/legal-notice)
Accessibility StatementProducer Compensation (https://www.thehartford.com/producer-compensation)
EEO
Privacy Policy (https://www.thehartford.com/online-privacy-policy)
California Privacy Policy
Your California Privacy Choices (https://www.thehartford.com/data-privacy-opt-out-form)
International Privacy Policy
Canadian Privacy Policy (https://www.thehartford.com/canadian-privacy-policy)
Unincorporated Areas of LA County, CA (Applicant Information)
Confirm your E-mail: Send Email
All Jobs from The Hartford