Investment Associate, Insurance (Private Markets)

Role Overview

We have partnered with a leading alternative investment manager looking to hire an Associate, Insurance Investments (Private Debt) to join their highly regarded Insurance Investment team based in Zurich. This team manages multi-billion euro investments in private debt on behalf of insurance clients, focusing on strategic capital deployment that aligns with clients` risk appetites, regulatory frameworks, and return objectives.

This is an exceptional opportunity to join a high-caliber team responsible for evaluating private debt transactions, optimizing capital efficiency under Solvency II (Standard Formula), and ensuring robust portfolio construction. Unlike origination-focused roles, this position emphasizes investment evaluation and strategic capital allocation decisions.

Key Responsibilities

• Analyze and evaluate new private debt investments, providing comprehensive summaries to support investment decisions.
• Ensure alignment of investment decisions with Solvency II (Standard Formula) requirements and clients` regulatory frameworks.
• Prepare and present investment materials for internal stakeholders and clients, defending decisions and managing governance processes.
• Collaborate closely with internal deal teams to access relevant information and advocate for insurance clients` specific needs.
• Develop and adjust investor reports and ad hoc responses for both internal management and external clients, including auditors and regulators.
• Apply and refine portfolio analytics to track capital activity, assess risk-adjusted returns, forecast performance, and manage diversification.
• Maintain strong client relationships, providing timely support and strategic insights to optimize investment outcomes.

Requirements & Qualifications

• 3-5 years of relevant experience in insurance investments, asset management, investment banking (insurance solutions/structuring), consulting (insurance regulation or investment structuring), or alternative asset management.
• Strong knowledge of private debt investments at both deal and portfolio levels.
• In-depth understanding of Solvency II regulations, particularly the Standard Formula and its application to private debt.
• Proven experience in deploying insurance capital into private debt transactions, with a focus on capital efficiency and regulatory compliance.
• Proficiency in portfolio analytics, credit risk assessment and relative value analysis for private debt investments.
• Strong interpersonal and presentation skills, with the ability to defend investment proposals and communicate complex concepts clearly.
• Advanced skills in Microsoft PowerPoint and Excel for reporting and modeling purposes.
• Academic background in finance, economics, mathematics, or a related field.
• Fluency in English is required; working proficiency in German or Italian is a plus.

This role offers a unique opportunity to play a strategic part in managing insurance investments within a leading globally recognized alternative investment platform, with significant exposure to private debt markets and regulatory-driven portfolio construction.