Date Posted: September 23, 2008
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Description:  

Primary Responsibilities:

Hedge Funds

* Oversight of currently used Fund of Fund managers
* Monthly monitoring of performance and risk
* Quarterly face to face meetings
* Written summary of monthly and year to date performance and attribution for CIO
* Quarterly presentation materials to be used in Senior management and Finance Committee meetings
* Interface with relevant third party consultants

Oversight of selected, currently used, Single Hedge Fund managers

* Monthly monitoring of performance and risk
* Quarterly face to face meetings
* Written summary of monthly and year to date performance and attributions for CIO
* Quarterly presentation material to be used in Senior management and Finance Committee meetings
* Interface with relevant third party consultants

Due Diligence on prospective Fund to Fund managers

* Review written materials
* Work with Quant analyst to target prospective managers
* Visit target prospective managers
* Written summary of meetings
* Written rationale for recommendations regarding new proposed managers
* Quantitative: Performance, risk, benefits of non-correlation etc.
* Qualitative: Checklist and discussion of relevant criteria
* Lead internal debate of merits of recommendation
* Participate in group debate of managers recommended by other Alternative Manager staff

Due Diligence on prospective Single Hedge Fund managers

* Review written materials
* Work with Quant analyst to target prospective managers
* Visit target prospective managers
* Written summary of meetings
* Written rationale for recommendations regarding new proposed managers
* Quantitative: Performance, risk, benefits of non-correlation etc.
* Qualitative: Checklist and discussion of relevant criteria
* Lead internal debate of merits of recommendation
* Participate in group debate of managers recommended by other Alternative Manager staff

Location: NY

About the Client

Through its various operating subsidiaries and branches, the company provides a range of insurance and reinsurance products to insured and reinsured worldwide with operations in Bermuda, Europe, Singapore and the United States. Its business consists of two global underwriting platforms: Insurance and Re. Insurance is organized into four divisions managed across all geographic locations: Specialty Lines, Professional Lines, Capital Risk Solutions and Select Markets. The Company operates through two business segments: insurance and reinsurance.

There is allot of room for professional growth at this company. People can move upward quickly and there is significant pay for performance bonuses. The companies executives believe that the individual that contributes by successfully completing their objectives should be rewarded and that employees should be able to participate in the company’s overall financial success. The company is considered a very prestigious employer and a market leader.