VP – Alternative Product Solutions – Insurance

VP – Alternative Product Solutions – Insurance

Requirements

• 10+ years of financial services‐related experience with a focus on private fixed income strategies, including middle market, infrastructure debt, real estate debt, private ABS and private equity and private credit secondary funds.
• Insurance investment management related experience gained through work at an insurance company, asset manager, investment bank, or consulting firm a plus.
• Strong understanding of the features, terms, and regulatory requirements applicable to private funds, including master feeder, and rated note funds.
• Strong understanding of the NAIC, capital treatment (RBC, S&P, BCaR), accounting (STAT/GAAP), and regulatory frameworks for insurance companies required.
• Strong analytical, financial modeling, and quantitative skills required.
• Strong interpersonal skills, and ability to build relationships and work with professionals at all levels and departments within the organization.
• Team player and problem solver with ability to research solutions and find creative resolutions.
• Highly motivated self-starter with the ability to set priorities, manage cross stakeholder projects and drive decision making.
• Undergraduate degree with an excellent academic background; additional credentials including CFA, CAIA, MBA or CPA a bonus.
• Highly proficient in Excel, Word, PowerPoint.
• Series 7 and 63 or ability to obtain.

Responsibilities

• Evaluate and develop new vehicles that will enable the distribution of Voya’s private market strategies globally, with a particular focus on Insurance clients. Focus on private credit strategies including middle market, infrastructure debt, real estate, private ABS and secondaries.
• Act as key point of contact within product team on insurance asset management client issues, trends, and developments. Follow and track competitor offerings and understand Voya’s positioning in the marketplace.
• Serve as subject matter expert on fund vehicles, including the associated implications (on tax, capital treatment, regulatory matters) to support the distribution of new and existing strategy capabilities.
• Lead the assessment, project management and launch of new product structures (e.g., private funds, rated note feeders, interval funds, private REITS, etc). Collaborate with senior partners from Product, Investments, Legal and Compliance, etc. and assess pre-launch readiness.
• Participate in client or prospect discussions as needed related to product structures and solutions.
• Utilize experience in capital efficient structuring for insurance companies to advise on optimal investment vehicles for specific opportunities. Assist in the evaluation and development of new structures alongside investment teams, rating agencies, and structuring agents, as required.
• Develop analytical tools and financial modeling to help evaluate fund debt structures, to inform business decisions and drive growth.
• Provide guidance and product information to portfolio managers, marketing, and sales, to help with client positioning and due diligence requests. Partner with Marketing to commercialize existing strategies and create content that demonstrates Voya’s value proposition to clients in different market segments.

Preferred Qualifications

• Ideal candidate has experience with structuring capital efficient investment solutions for insurance companies, including rated notes, CLOs, CFOs or other structured finance products a plus.
• Experience working with or at a rating agency or at an investment bank structuring transactions a plus.