Private Debt Analyst/PM (Insurance Investments)

Role Overview

We have partnered with a leading alternative investment manager looking to hire an Private Debt Analyst/PM (Insurance Investments) to join a highly regarded 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-calibre team responsible for evaluating and deploying capital into private debt investment opportunities, optimizing capital efficiency under Solvency II (Standard Formula) and Matching Adjustment, and ensuring robust portfolio construction. Unlike origination-focused roles, this position emphasizes investment evaluation and strategic capital allocation decisions on behalf of insurance clients.

Key Responsibilities

• Analyse and evaluate new private debt investments, providing comprehensive summaries to support investment decisions.
• Ensure alignment of investment decisions with Solvency II Matching Adjustment 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

• 4-12+ yrs of experience in insurance investments, asset management, insurance solutions/structuring, or investment consulting (working with insurers)
• Strong knowledge of private debt investments at portfolio level and individual deal level, & why it makes sense for insurers
• Experience advising insurance clients on deploying capital into private debt investments OR experience working within an investment team at an insurer, where private debt is a focus
• Strong familiarity with Solvency II MA Framework , particularly in the context of private debt investments
• Good understanding of capital efficiency
• Strong client facing experience, given the focus on speaking with/presenting to CIOs of various insurance clients that Apollo works closely with
• 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 (critical)
• 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.