Within our Group Head Office - Global Investment Management (GIM) global line, we are seeking an experienced investment professional to coordinate Group-level governance and ongoing monitoring of asset-manager-related topics for the Underlying Investment Structure (UIS) of Investment-Linked Insurance Products (ILIP), with a strong focus on fee transparency and Value-for-Money.
The role sits within the Group Investment Function and works in close collaboration with local investment teams, internal and external asset managers, and Group Life to ensure consistent governance, client-centric product design, and robust monitoring across the ILIP investment catalogue.
The role interfaces with the Asset Manager Relationship Team on due diligence and fund selection processes and governance and monitors relevant market and asset-allocation trends to translate insights into oversight priorities, Value-for-Money assessments, and governance considerations.
Key responsibilities
Support and interface with the Asset Manager Relationship Team (Due Diligence & Fund Selection) for the ILIP portfolio and related processes; act as the primary ILIP point of contact for Group business units on due diligence matters, ensuring consistent collection of inputs and timely coordination;
Run the ongoing Asset Manager Oversight & Governance framework for ILIP-related assets;
Lead fee monitoring, cost transparency and economic optimization for ILIP UIS components: track fee evolution over time, identify anomalies/outliers, and trigger corrective actions together with the relevant stakeholders (e.g., renegotiation, share-class optimization);
Conduct Group-level monitoring of consolidated UIS performance and costs;
Contribute to client-centric product governance by ensuring the UIS remains financially sound and aligned with the product value proposition and customer protection expectations, including Value-for-Money principles;
Monitor relevant market and asset allocation trends affecting ILIP investment solutions (e.g. asset classes, fee models, sustainability trends) and translate insights into governance considerations, Value-for-Money assessments and oversight priorities;
Support the optimization of ILIP-related investment agreements with Group-affiliated and external Asset Managers to maximize synergies and economic efficiency for the Company and clients (in coordination with relevant functions)
Requirements
Master's degree in Finance, Economics, Business Administration, Engineering, Mathematics, or a related field.
10+ years of experience in asset management, insurance investments, wealth/UL product investment support, or investment governance, with proven exposure to asset manager oversight and cross-functional coordination in a matrix organization.
Demonstrated experience in ongoing asset manager oversight (due diligence, cost assessment, fee benchmarking)
Strong knowledge of Value-for-Money criteria and KPI design/monitoring, with ability to connect costs to outcomes and customer value proposition.
Solid understanding of the regulatory environment affecting ILIP investment structures and disclosures (e.g. Solvency II, PRIIPs, and sustainability-related disclosure requirements), with the ability to translate regulatory constraints into effective oversight and reporting.
Strong sensitivity to customer protection and product governance expectations, ensuring UIS remains consistent with product value proposition.
Good knowledge of the sustainability framework in the financial services industry (e.g. ESG integration, sustainability disclosures) is considered a plus.
Strong experience with investment data and research platforms such as Morningstar Direct, MercerInsight, and Bloomberg Terminal.
Advanced Excel and strong PowerPoint; experience with Power BI/Tableau for dashboards and KPI reporting (SQL/Python a plus).
Soft Skills
Stakeholder management & influence: comfortable engaging senior counterparts across local investment teams and asset managers, driving alignment and action in a matrix environment.
Strong analytical rigor combined with practical judgement; able to translate complex information into clear recommendations.
Ownership mindset with strong execution discipline, including follow-ups, issue resolution and remediation tracking.
Clear, confident communicator: able to produce structured materials and present effectively to governance bodies and committees.
Ability to work effectively in an international, matrixed environment with multiple priorities and tight deadlines
Fluent English (written and spoken).
Italian, French and/or other European languages are a plus.
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