Munich Re

Senior Asset Manager Forestry

Munich Re$135K — $225K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Forestry required; advanced degrees in Finance, Forestry, or Agribusiness preferred
  • 5-10 years of relevant experience in forestry or asset management
  • Strong analytical skills with knowledge of applied forest finance
  • Experience in financial and operational modeling including cash flow analysis
  • Excellent verbal and written communication skills
  • Ability to manage external service providers effectively
  • Familiarity with asset acquisition and due diligence processes
  • Regional experience in the US South required; Pacific Northwest or Northeast exposure is a plus

Responsibilities

  • Manage US forestry assets with strategic business strategies for long-term performance
  • Coordinate with asset owners and third-party service providers for effective execution
  • Monitor asset performance through regular site visits and business plan implementation
  • Conduct financial analysis, including growth and yield modeling and cash flow projections
  • Support the due diligence process for potential investments
  • Collaborate with the Munich team on strategy and asset management topics
  • Prepare analyses and reports to aid in decision-making and portfolio management

Benefits

  • Health insurance options (PPO or High Deductible)
  • Vision and dental insurance plans available
  • 401k plan with up to 5% employer match
  • 100% company-funded retirement savings plan
  • 24 days of paid time off, increasing with service milestones
  • Tuition assistance and educational achievement bonuses
  • Paid time off for family care needs
  • Opportunities for paid community volunteer time
  • Yearly performance bonus opportunity
Full Job Description
MEAG New York Corporation (MEAG NY) is an indirect subsidiary of Munich Re, a leading global reinsurance company. MEAG NY is an asset manager having responsibility for the US and Canadian dollar invested assets of Munich Re and its direct and indirect subsidiaries. MEAG NY provides investment advisory as well as non-advisory services with respect to fixed income instruments, alternative assets, and derivatives with over $45 billion in assets under management.

The Opportunity

Future focused and always one step ahead!

The U.S. Forestry Asset Manager will be a part of MEAG's Global Illiquid Assets Forestry Team within the broader Natural Capital Team. The latter consists of 12 professionals, the majority of whom are based in Munich, Germany, with an existing team member located in the United States.

The successful candidate will be the second US-based hire and will work closely with colleagues in both the U.S. and Munich to drive long-term asset performance through the development, implementation, and monitoring of comprehensive business strategies across multiple assets.

This role will assist in the interface with the asset's ownership, property managers, and third party partners. The Asset Manager will travel to assets to insure that strategic plans are being carried out at the property level.

Occasionally, the Asset manager will assist in acquisitions processes by supporting due diligence, and growth and yield and financial modeling processes. The US Forestry Asset Manager will also work in collaboration with the Munich team regarding overarching day to day business as well as strategy and management topics.

The job will require frequent overnight travel.

Responsibilities

In this position you will:

  • Manage US forestry assets through the development, implementation, and monitoring of asset-level business strategies in order to drive long-term performance
  • Coordinating with asset owners, property managers, and third-party service providers to ensure execution of strategic plans
  • Monitor asset performance and support the implementation of business plans at the property level, including regular site visits
  • Conduct financial analysis and modeling, including growth and yield modeling, cash flow projections, and scenario analyses
  • Support due diligence processes for acquisitions and potential investments
  • Collaborate with the Munich, Germany,-based team on overarching strategy, asset management topics, and portfolio-related initiatives
  • Manage and coordinate external service providers to ensure operational and strategic alignment
  • Prepare analyses, reports, and presentations to support decision-making and portfolio management


Qualifications

  • Bachelor's degree in Forestry required, with advanced degrees in Finance, Forestry or Agribusiness preferred
  • At least 5 years of relevant professional experience in forestry, asset management, or related fields, with 10 years preferred
  • Strong analytical skills with a solid understanding of applied forest finance
  • Experience in financial and operational modeling, including growth and yield modeling, cash flow analysis, and scenario analysis
  • Strong verbal and written communication skills
  • Ability to effectively manage and coordinate external service providers in an assertive and structured manner
  • Experience in forest operations and/or asset or portfolio management preferred
  • Exposure to asset acquisition processes and due diligence activities
  • Regional experience in the US South required, with additional exposure to the Pacific Northwest or Northeast considered a plus
  • Solid understanding of accounting-related topics relevant to forestry and real asset investments
  • High proficiency in data management, including data structuring and quality control for larger portfolios
  • Independent and solution-oriented way of working with a process-oriented mindset and very high communications skills


The Company is open to considering candidates in numerous locations, including remote. The salary range posted below reflects market variations across various locations. The offer will be adjusted per geography.

The base salary range anticipated for this position is $135,000 - $225,000, plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).

The salary estimate is adjusted to reflect the varying market conditions across different locations, with the higher end being more aligned with the New York City and San Francisco job markets. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.

We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:
  • Two options for your health insurance plan (PPO or High Deductible).
  • Prescription drug coverage (included in your health insurance plan).
  • Vision and dental insurance plans.
  • Additional insurance coverages provided at no cost to you, such as basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary.
  • Short and Long Term Disability coverage.
  • Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children).
  • Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity).


In addition to the above insurance offerings, our employees also enjoy:
  • A robust 401k plan with up to a 5% employer match
  • A retirement savings plan that is 100% company funded.
  • Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries.
  • Eligibility to receive a yearly bonus as a MEAG NY employee.
  • A variety of health and wellness programs provided at no cost.
  • Paid time off for eligible family care needs.
  • Tuition assistance and educational achievement bonuses.
  • A corporate matching gifts program that further enhances your charitable donation.
  • Paid time off to volunteer in your community.


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About Munich Re

Munich Re is a leading global provider of reinsurance, primary insurance and insurance-related risk solutions. The company is headquartered in Munich, Germany. Munich Re operates in all lines of insurance and has a presence in all major markets worldwide. Munich Re's business model is based on the combination of primary insurance and reinsurance under one roof. The company has three business segments: reinsurance, primary insurance, and Munich Health. Munich Re's global premium income amounted to ?54.5 billion in 2020.
Learn more about Munich Re
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41,000 employees
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