Note: The job is a remote job and is open to candidates in USA. Aegon is a company focused on institutional fixed income portfolio management. They are seeking a Portfolio Management Analyst to support investment analysis, regulatory capital evaluation, and collaboration within an insurance general account framework.
Responsibilities
- Build and maintain analytical models for asset selection, relative value assessment, spread analysis, cash flow projections, deployment planning, and scenario analysis
- Conduct sector, issuer, and market research to support portfolio construction, rebalancing, and capital allocation decisions across liability-backed portfolios
- Support medium-term plan development, strategic asset allocation execution, and deployment projections through data preparation, quantitative analysis, and presentation materials for senior leadership and board audiences
- Monitor portfolio positioning against investment mandates and approved guidelines, track risk limit utilization and flag deviations from the strategic asset allocation framework
- Assist in the preparation of investment memos, due diligence materials, and governance documentation for new and existing fixed income investments
- Support identification, evaluation, and selection of external investment managers, including investment and operational due diligence, documentation review, track record analysis, and reference calls
- Monitor external manager performance, attribution, and compliance with fund terms; maintain manager tracking tools and reporting dashboards
- Develop working knowledge of insurance regulatory capital frameworks, including National Association of Insurance Commissioners (NAIC), risk-based capital, statutory accounting, International Financial Reporting Standards (IFRS) and General Accepted Accounting Principles (GAAP)
- Coordinate with actuarial, risk, accounting policy, and derivatives teams on investment approvals, pricing strategy inputs, cash flow testing, and governance requirements
- Build and maintain portfolio analytics, dashboards, and tracking tools using Excel, Bloomberg (including BQL), Aladdin, Clearwater, and available data platforms. Contribute to process improvement and documentation initiatives
Skills
- Bachelor's degree in a quantitative discipline
- 1-2 years of relevant experience in fixed income investment analytics, insurance investments, or institutional asset management
- Experience in a front‑office investment role at a bank, hedge fund, asset management firm, or insurance company
- Proficient in Excel
- Experience using Bloomberg, BlackRock Aladdin, and Clearwater Analytics
- Strong analytical skills with the ability to translate analysis into clear, actionable recommendations
- Chartered Financial Analyst (CFA) or Associate of the Society of Actuaries (ASA) designation
- Understanding of insurance asset management and asset liability management concepts
- Familiarity with NAIC risk‑based capital, statutory accounting, GAAP, and IFRS considerations
- Working knowledge of fixed income analytics, including duration, option‑adjusted spread, yield metrics, convexity, liquidity, prepayments, and defaults
- Experience with general account investment assets, including fixed income securities, asset‑backed securities, and alternative investments
- Ability to query, join, and analyze large data sets to create repeatable analytical processes
- Some exposure to the use of AI to support research, process improvement, and efficiency
Benefits
- Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion
Company Overview
Aegon offers products and services in the life insurance, pension, retirement, and asset management fields. It was founded in 1983, and is headquartered in Den Haag, Zuid-Holland, NLD, with a workforce of 10001+ employees. Its website is https://www.aegon.com/.