Director, Portfolio Management

Director, Portfolio ManagementLocation:Stamford, ConnecticutTime Type:Full timePosted On:5 Days AgoJob Requisition ID:REQ-250007At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are.Our Values:Make it human.We care about the people that make up our customers, colleagues, and communities.Make it about others.We do what's best for our customers and collaborate to drive progress.Make it happen.We work with intention toward a common purpose and forge ways forward together.Make it better.We create fulfilling purpose-driven careers by learning from the world and each other.YOUR ROLEAs a direct report to Genworth's Head of Portfolio Management, the Director, Portfolio Management will be responsible for the management of key insurance business line portfolios. You will evaluate and recommend strategic and tactical investment opportunities, primarily in fixed income, influencing strategy decisions for Genworth's $55B general account portfolio.What You Will Be Doing:Develop insurance portfolio strategy with focus on ALM, Stat income, risk-based capital, and risk.Design strategies to support new business initiatives, legacy blocks, and reinsurance transactions.Communicate potential strategies, actions, and results with key business partners and senior management.Prepare and deliver presentations seeking committee approval for key investment strategies.Partner with internal trading and research teams to implement strategy, making tactical adjustments in response to market and business developments.Closely monitor and adapt to insurance industry and regulatory developments.Understand strategy implications for asset adequacy testing performed by Actuarial.Incorporate derivative strategies as needed.Manage portfolios to maintain compliance with investment guidelines and reinsurance trust requirements.What You Bring:Bachelor's degree required. MBA or other advanced degree preferred.10+ years experience working within investments and asset management organizations.Deep quantitative and analytical background; CFA and/or actuarial credentials strongly preferred.Strong understanding of insurance, accounting, and regulatory issues that drive investment management decisions.Strong fixed income knowledge including bond math, spreadsheet skills, and facility with systems.Asset class expertise including credit, structured, private credit, commercial real estate, and alternatives.Excellent written/verbal communication skills and ability to present effectively to leadership at all levels.Strong functional capability with Microsoft Office (Excel, Word, PowerPoint, Outlook) and Bloomberg.Employee Benefits & Well-Being:Competitive Compensation & Total Rewards Incentives.Comprehensive Healthcare Coverage.Multiple 401(k) Savings Plan Options.Generous Paid Time Off - Including 12 Paid Holidays, Volunteer Time Off, and Paid Family Leave.Disability, Life, and Long Term Care Insurance.Tuition Reimbursement, Student Loan Repayment, and Training & Certification Support.Wellness support including gym membership reimbursement and Employee Assistance Program resources.Caregiver and Mental Health Support Services.Additional Information:At this time, Genworth will not sponsor a new applicant for employment authorization for this position.Salary Information:The base salary pay range for this role starts at a minimum rate of $149,400 up to the maximum of $298,200. In addition to your base salary, you will also be eligible to participate in an incentive plan based on performance.About Us:Genworth Financial, Inc ("Genworth") (NYSE: GNW) is a Fortune 500 company focused on empowering families to navigate the aging journey with confidence. We are committed to creating a work environment that fosters inclusion, excellence, improvement, and connection.We are proud to be an equal opportunity employer and all hiring decisions are based on merit, qualifications, and business need.#J-18808-Ljbffr

Created: 2025-03-05