Return Seeking Analyst

Position Overview

POSITION OVERVIEW:  

Part of Apollo, ISGI is the dedicated investment office for large, strategic and sophisticated insurance and pension clients. Such clients are investing in excess of €15bn into “Return Seeking” (RS) assets managed by ISGI, comprised of evolving types of private debt and equity like investments, originated and underwritten by Apollo. The strategy invests through a relative value-oriented approach with a focus on consistent outperformance and capital preservation for insurance and pension funds under their local regulatory constraints. Investments span a broad range of credit, real assets and equity-like investments originated in various jurisdictions and markets around the globe. The ISGI RS team in Zurich leads this effort and covers and supports insurance clients in portfolio management, selecting investments, providing analytics, reporting, educational material and support on Solvency II optimisation. The team is ultimately constructing such portfolios of private investments and assists clients at the same time to defend them to the local regulators and boards. This Analyst role is focussed on integrating into the team for the origination and management of private investments. The mindset required is one of ever improving the economics, insight and service we deliver as a team through dedication, expertise, client relationships and a cross functional, collaborative approach.

PRIMARY RESPONSIBILITIES:

• The role is focussed on private investments that are (i) originated across markets and jurisdictions by Apollo and (ii) to be placed on regulated insurance and pension funds balance sheets.
• Prepare and present summaries for investors on new deals originated specifically by Apollo to help their decision-making process.
• Defend investment decisions, coordinate necessary governance for efficient approvals and prepare investment and reporting material required to implement the investments within the regulatory framework, including Solvency II prudent person principle framework.
• The understanding, preparation and adjustment of investor reports and ad hoc responses for internal (management information) and external use (client regulatory reporting)
• Apply and develop analytics to track and project capital activity, returns, forecasting, capital consumption, drawdown risk, diversification and other metrics to construct portfolios comprised of private investments.

Qualifications & Experience

QUALIFICATIONS AND EXPERIENCE: (Academic, Professional, Experience)

·        3+ years relevant experience at investment functions within (i) a large insurance company, (ii) insurance asset management company, (iii) an investment bank within a insurance solutions or structuring group, (iv) a consulting firm specializing on insurance regulation or law or (v) alternative asset management group.

·        Previous experience with alternative investments / private investments is essential.

·        Understanding of fixed income principles, capital markets and private origination across asset-backed and corporate finance.

·        Understanding of Solvency II regulation, including Standard Formula calculation and assessment for private assets. Must has gathered experience in documenting investment decisions against those frameworks and is aware of Prudent Person Principle (PPP) requirements.

·        Self-starter with strong work ethic, willing to consistently go the extra mile.

·        Ability to perform under high pressure, multi-task and respond quickly & decisively to requests to deliver.

·        Solid proficiency in SQL, VBA, Excel and Microsoft Powerpoint for efficient data manipulation, portfolio reporting and modelling, specifically of private investment portfolios, are mandatory.

·        Excellent academic background in finance, economics, mathematics, or equivalent.

· Fluency in English, German and one other European language required