PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients' capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world's largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.
Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.
We are seeking a Structurer for our Insurance Solutions Group, which will provide access to PIMCO's asset based lending and private credit strategies to insurers, in a capital efficient manner tailored to their unique requirements. In this position the individual will performing the following:
RESPONSIBILITIES
Work with Product Strategy and Account Management to structure PIMCO managed alternative funds in order to optimize statutory and rating agency capital treatment for insurance company clients.
Develop insurance wrapped PIMCO managed private funds, which allow insurance clients to participate in PIMCO's alternative funds in insurance form.
Structure and source reinsurance transactions that lead to asset management contracts.
Source potential investment opportunities in insurance liabilities.
REQUIREMENTS
Minimum of 7 years work experience, preferably in investment banking, insurance or asset management (realistically 10+ years).
At least 5 years of experience in structuring transactions to optimize insurance capital requirements.
Excellent quantitative/analytical and written/verbal communication skills.
Excellent time and project management skills.
Ability to work effectively with all levels of personnel, both internal and external.
Highly organized.
Natural curiosity for learning and for seeking exposure to new concepts.
PIMCO follows a total compensation approach when rewarding employees which includes a base salary and a discretionary bonus. Base salary is the fixed component of compensation that is determined by core job responsibilities, relevant experience, internal level, and market factors. The discretionary bonus is used to award performance and therefore is determined by company, business, team, and individual performance.
Salary Range: $ 305,000.00 - $ 360,000.00
Equal Employment Opportunity and Affirmative Action Statement
PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.
Applicants with Disabilities
PIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.