Director, Insurance Indices - Multi Asset Product Management
S&P Global
Application
Details
Posted: 19-Jun-24
Location: New York, New York
Type: Full-time
Internal Number: 20648754
About the Role: Grade Level (for internal use): 13 S&P Dow Jones Indices
The Role: Director, Insurance Indices, Multi-Asset Product Management
The Firm S&P Dow Jones Indices (S&P DJI) is the world's leading resource for benchmarks and investable indices. Our solutions are widely considered indispensable in tracking market performance, evaluating portfolios, and developing investment strategies.
The Team Product management plays a lead role in developing new indices and managing the existing product suite. Focused on developing solutions for a broad range of clients, the Multi-Asset Product Management team is responsible for the P&L of outcome-oriented index solutions such as managed volatility, options strategies, retirement, dynamic allocation, and liquid alternatives. This is an exciting opportunity to join a product team in a growth stage.
The Role The team is seeking a Director to support and promote our multi-asset indices for the Insurance Segment. Bringing relevant technical and product experience from working at an insurance carrier, structuring/QIS desk at a bank, or similar, the candidate will be responsible for developing new indices targeting Insurance products including, but not limited to, Fixed Indexed Annuities (FIAs), Indexed Universal Life (IULs), and Registered Indexed-Linked Annuities (RILAs). With a push-pull framework, this will be done by both generating new internal ideas pushed to the market, as well as proactively working on ideas coming from the market (clients, partners).
The role will also help develop, shape, and execute the insurance business strategy working with commercial teams. This is a highly technical role, but also requires effective communication and collaboration skills, and a commercial-focused mindset on maximizing P&L.
What's in it for you
Regular interaction with clients to develop new strategies and act as subject matter expert on methodologies
The opportunity to be a spokesperson for the world's most prominent and important multi-asset indices
High visibility to senior leaders within our organization and with our key clients
A challenging but rewarding role that requires collaboration with a wide range of internal teams and clients
Responsibilities
Create product strategies, in particular development of multi-asset strategies for the indexed insurance market, develop product positioning, and help drive the commercial success of the multi-asset franchise
Partner with client coverage, channel management, and marketing teams to strengthen our relationships with clients
Be a subject matter expert on index methodologies
Promote our indices via client meetings, webinars, and conferences
Oversee the new index launch process
Collaborate with a wide range of internal teams including research & design, client experience, governance, index management and production group, and communications
Publish thought leadership including presentations, papers, blogs, index analysis, and commentary
What we're looking for
7+ years of experience working in the indexed insurance product ecosystem in a technical, product, or actuarial role, either at an insurance carrier or structured/QIS desk at an investment bank, or similar
Strong communication skills - written, verbal and presenting
Progress towards, or obtained the FSA or ASA designation
Undergraduate degree or equivalent in mathematics, finance, or a related field
Proven track record in product development and/or research
Strong analytical and quantitative skills as well as attention to detail
Demonstrated ability to work independently and as part of a team
Entrepreneurial mindset with willingness to roll up the sleeves and execute
Preferred Skills and Experience
Masters degree or equivalent in a relevant field
Progress towards, or obtained a CFA charter
Programming skills (Python, R, Matlab)
Knowledge of analytical platforms such as FactSet, Capital IQ, Bloomberg, MSCI / Barra, or Axioma
Compensation/Benefits Information (US Applicants Only): S&P Global states that the anticipated base salary range for this position is $160,000 to $210,000 . Base salary ranges may vary by geographic location. In addition to base compensation, this role is eligible for additional compensation such as an annual incentive bonus. This role is eligible to receive additional S&P Global benefits. For more information on the benefits we provide to our employees, visit https://www.spgbenefitessentials.com/newhires .
Right to Work Requirements: This role is limited to persons with indefinite right to work in the United States.
Return to Work: Have you taken time out for caring responsibilities and are now looking to return to work? As part of our Return to Work initiative, Restart, we are encouraging enthusiastic and talented returners to apply, and will actively support your return to the workplace. *Link here to careers site page when applicable*
About S&P Global Dow Jones Indic e s
At S&P Dow Jones Indices, we provide iconic and innovative index solutions backed by unparalleled expertise across the asset-class spectrum. By bringing transparency to the global capital markets, we empower investors everywhere to make decisions with conviction. We're the largest global resource for index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500 ® and the Dow Jones Industrial Average ® . More assets are invested in products based upon our indices than any other index provider in the world. With over USD 7.4 trillion in passively managed assets linked to our indices and over USD 11.3 trillion benchmarked to our indices, our solutions are widely considered indispensable in tracking market performance, evaluating portfolios and developing investment strategies.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world's leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information, visit www.spglobal.com/spdji .
What's In It For You?
Our Purpose: Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology-the right combination can unlock possibility and change the world.
Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence®, pinpointing risks and opening possibilities. We Accelerate Progress.
Our People: We're more than 35,000 strong worldwide-so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.
From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We're committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. We're constantly seeking new solutions that have progress in mind. Join us and help create the critical insights that truly make a difference.
Our Values:
Integrity, Discovery, Partnership
At S&P Global, we focus on Powering Global Markets. Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.
Benefits: We take care of you, so you can take care of business. We care about our people. That's why we provide everything you-and your career-need to thrive at S&P Global.
Our benefits include:
Health & Wellness: Health care coverage designed for the mind and body.
Flexible Downtime: Generous time off helps keep you energized for your time on.
Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
Family Friendly Perks: It's not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.
Beyond the Basics: From retail discounts to referral incentive awards-small perks can make a big difference.
For more information on benefits by country visit: https://www.spglobal.com/en/careers/our-culture/
Diversity, Equity, and Inclusion at S&P Global: At S&P Global, we believe diversity fuels creative insights, equity unlocks opportunity, and inclusion drives growth and innovation - Powering Global Markets. Our commitment centers on our global workforce, ensuring that our people are empowered to bring their whole selves to work. It doesn't stop there, we strive to better reflect and serve the communities in which we live and work, and advocate for greater opportunity for all.
Equal Opportunity Employer S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.
If you need an accommodation during the application process due to a disability, please send an email to: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.
US Candidates Only: The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law.
