About this role
Company: BlackRock Financial Management, Inc.
Job Title: Vice President
Location: 50 Hudson Yards, New York, NY 10001
Job Duties: Develop and execute business strategy for the Strategic Capital Solutions group synthesizing industry data, trends and observations to drive informed decision-making that will continue to propel the success of the Financial Institutions Group (FIG) and BlackRock platforms. Support and execute high-leverage cross-functional initiatives that require a holistic understanding of industry trends and BlackRock's platform. Drive execution of strategic relationships, partnerships, and investments with insurers that are aligned with BlackRock's long-term objectives. Coordinate with key stakeholders (internal and external) as needed to quarterback projects and strategic transactions. Establish and maintain relationships with co-investors and track outreach data for all co-investment opportunities.
Qualifications: Bachelor's degree in Financial Engineering, Accounting, Economics or a related field and five (5) years of experience in the job offered or as a AVP, Associate, Analyst or related role. Must have five (5) years of experience with: Domain expertise in insurance and insurance asset management; Business strategy development for capital solutions for insurers; Financial modeling and valuation concepts related to strategic investments and partnerships in insurance companies; Strategic transaction management, including coordinating cross-functional execution; Due diligence support for partnerships, co-investments, and insurer-related transactions; Relationship management with co-investors and institutional partners; Cross-functional collaboration across product, investment, risk, and distribution teams; Understanding of asset management platforms and business models; Knowledge of insurance industry capital structures and investment strategies; Data synthesis tools such as Excel and Capital IQ; Experience with the US and international life insurance and annuity markets, capital regimes, and regulation; and Experience in financial modeling, including modeling asset intensive reinsurance transactions.
To apply, please click "Apply" on this webpage.
For New York, NY Only the salary range for this position is USD$210,000.00 - USD$300,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
Guidance on AI use for candidates
At BlackRock, AI has long been part of how we work - enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we've provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
