Who you'll work with
Institutional Markets (IM) is the division within CRBG that manages funded and unfunded business with institutional clients. The Guaranteed Investment Contracts (GICs) business is a core part of IM and focuses on large opportunistic transactions involving capital markets activity and bespoke investment solutions.
About the role
As a member of the Institutional Markets GIC team, this position will assist with the day-to-day management of the GIC business, which includes executing deals, managing bank relationships, evaluating economics and risk positions, using complex analytical models, and overseeing investment portfolios. This is a highly collaborative role demanding ongoing partnership with pricing actuaries, finance, investment management, legal, compliance, risk, capital markets and bankers. This position requires a strong interest in multiple aspects of insurance, investments, and capital markets as well as a willingness to learn.
Responsibilities:
- Assist with trade execution and in force management of GIC portfolio
- Develop financial models and reporting to monitor business profitability and to analyze capital markets activity
- Prepare approval materials, trade documentation and investor meeting materials
- Support new market research and product development, including preparing materials for executive approvals
Skills & Qualifications:
- 2+ years of work experience in insurance, investment banking, or financial analysis
- Bachelor’s degree required; Masters or MBA preferred
- Experience with financial modeling, fixed income markets, and securities issuance preferred
- Proficient at financial analysis and strong quantitative skills
- Proactive, takes initiative, and uses critical thinking to solve problems
- Strong communication skills
- Significant level of maturity and ability to work as part of a small team
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Compensation
The anticipated salary range for this position is $110, 000 to $115, 000 at the commencement of employment. Not all candidates will be eligible for the upper end of the salary range. The actual compensation offered will ultimately be dependent on multiple factors, which may include the candidate’s geographic location, skills, experience and other qualifications.
In addition, the position is eligible for a discretionary bonus in accordance with the terms of the applicable incentive plan.
Corebridge also offers a range of competitive benefits as part of the total compensation package, as detailed below.
Work Location
This position is based in Corebridge Financial’s New York City or Woodland Hills, CA office and is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely.
Estimated Travel
Minimal travel.
Benefit Offerings Include:
- Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
- Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
- Employee Assistance Program: Confidential counseling services and resources are available to all employees.
- Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
- Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
- Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.
Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy.
Functional Area:
OP - Operations
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
American General Life Insurance Company
