Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.
About the Role:
We are seeking a Vice President to serve as a Portfolio Manager of Investments. This position will be based in Warren, NJ with a hybrid schedule of 3 days in the office and 2 remote. The Everest investment team consists of a small group of talented individuals working in a collegial and supportive environment.
The person in this role is expected to work in a highly collaborative and thoughtful manner with everyone on the investment team and colleagues in different divisions, including human resources, internal and external audit teams, technology, finance, accounting, legal, tax, treasury, and others.
Key responsibilities include portfolio management, trading, research, analysis, and modeling of internally managed fixed income securities. Other responsibilities include building and maintaining models and platforms required for internal fixed income investing.
Role & Responsibilities (include but not limited to):
Monitors fixed income markets for relative value opportunities.
Pitches new fixed income trade ideas to the Head of Internal Investments and Chief Investment Officer.
Performs regular surveillance on existing fixed income holdings.
Trading of fixed income securities, which may include agency RMBS, non-agency RMBS, ABS, U.S. treasuries, conduit CMBS, SASB CMBS, CRE CLO, currencies, equity derivatives, and interest rate derivatives for the internal accounts.
Experience in structured credit asset classes is a plus. Internal Investments portfolio managers regularly back each other up in the different structured credit asset classes.
Experience in derivatives and currencies is a plus.
Support the reporting function with analysis as needed for the investment team and the board.
Maintain relationships with a wide variety of broker dealers to maximize access to assets, liquidity, and research.
Train/cross-train junior staff in internal fixed income as dictated by the Chief Investment Officer or Head of Internal Investments.
Ad hoc analytical and trading support as needed.
Assign project work to interns as needed.
Use network to discover what peers are doing that we are not and industry best practices.
Work across departments in a professional and positive manner to achieve goals.
Coordinates purchasing securities for collateral pledging as dictated by investment accounting department.
Qualifications:
MBA from top school preferred.
Knowledge, Skills & Competencies:
5-10 years of work experience in fixed income investing.
Strong communication skills.
Strong Excel and modeling skills required.
Ability to collaborate with others.
Strong attention to detail.
Strong work ethic.
Our Culture
At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.
Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.
Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.
Type: Regular
Time Type: Full time
Primary Location: Warren, NJ
Additional Locations:
Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com.
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