Fund Manager - Fixed Income - Life Insurance

Role Details:

Department: Investments

Key Focus areas:

- Management of ULIP fixed income funds with an aim to achieve outperformance over respective benchmarks

- Management of Traditional Life and Pension funds as per annual investment strategy

- Yield enhancement and interest rate risk management

- Credit, market, and macroeconomic understanding so as to take a view on rates and formulate an annual investment strategy

- Taking tactical duration calls to generate return and credit calls anticipating potential credit upgrades or spread compression/expansion

- Management of day-to-day liquidity requirements

- Annual review of state finances to draw up the investible universe

- Constant monitoring of and adherence to IRDA limits

- Cross team interactions (Actuarial, Risk, Finance, etc.) for efficient investment decision making, product pricing considerations and liquidity management

- Preparation of data/presentations for ALCO and Investment Committee meetings along with ULIP factsheets

- Engaging with market participants and intermediaries constantly and effectively to understand market positioning, outlook etc.

Qualifications & Competencies:

- CA/CFA/MBA with at least 5-7 years of experience in the bond market with any insurer/pension fund/mutual fund/treasury/primary dealer/merchant banker, etc. on the front office side

- Deep understanding of Macro and Monetary Economics dynamics

- Well versed with the functioning of the government, corporate bond, and money markets in India

- Ability to lead teams

- Strong analytical and negotiating skills to evaluate and close proposed investments

- Sound knowledge of accounting, credit and finance concepts