TIAA Jobs

Job Information

Nuveen Investments Insurance Advisory & Product - EMEA, AVP - Based in London or Frankfurt (m,f,d) in London, United Kingdom

The Assistant Vice President of EMEA Insurance Advisory & Product will serve as an insurance subject matter expert on the complex investment considerations of EMEA insurance companies, including asset allocation, local regulatory regimes, accounting, tax, ALM, risk, etc. The professional will work closely with investment teams to review and optimise Nuveen’s investment capabilities and product offering to ensure maximum investment strategy alignment with the needs of EMEA insurers. Additionally, they will be expected to provide input into structuring capital efficient solutions and securitisations that fit within EMEA life and non-life insurance portfolios subject to Solvency II and Solvency UK.

The individual will partner closely with and support the global distribution team in their interactions with insurance company clients, including through portfolio analytics, thought leadership and other marketing efforts. This role will be part of Nuveen’s global insurance team and will work hand in hand with colleagues in distribution, advisory, product, marketing and client service around the world.

Key responsibilities will include:

• Oversee, monitor and evaluate existing investment strategies, products and structures from an insurance company perspective (including capital efficiency analysis) to educate and improve Nuveen’s competitive positioning and value proposition for insurers.

• Partner with colleagues in Product and Distribution to evaluate and design new structures targeted to EMEA-based insurance companies’ general account and unit-linked portfolios based on asset allocation trends, regulatory/tax/accounting considerations and competitive analysis.

• Research and incorporate insurance industry trends, asset management competitive environment, product flows, and client feedback into product strategies and capital raising tactics.

• Monitor EMEA insurance regulatory developments for impacts and opportunities within the investment product and investment landscape. Communicate developments internally and externally.

• Develop a portfolio optimisation framework, create peer analysis and other insurance analytics/modeling to support global distribution partners throughout the sales process.

• Contribute to thought-leadership tailored to insurance companies related to relevant and timely investing topics.

• Provide guidance and input on EMEA insurance matters for marketing collateral, due diligence/RFP questions, client servicing and other purposes.

Technical Skills & Qualifications Required

• Extensive knowledge and expertise of global regulatory and accounting regimes required: EU and UK Solvency II, SST, Lloyd's of London, Bermuda Solvency, IFRS.

• Significant understanding and operational experience with key insurance investing considerations for general account and unit-linked portfolios: portfolio construction (including Matching Adjustment portfolios), SCR, tax, accounting, ALM, risk, ESG/climate, etc.

• Good understanding of the most relevant insurance markets in EMEA, especially Germany and UK. Understanding of key features of the products within the retirement segment from a design perspective and relevant local regulations is a plus.

• BA/BS required, MBA, CFA or similar preferred

• 5+ years of direct insurance investment experience, including within an insurance company, insurance asset manager and / or professional services firm.

• Strong knowledge of capital markets and non-traditional asset classes including real estate, infrastructure and private credit.

• Strong analytical skills, as well as written and verbal communication skills.

• Attention to detail, while thinking strategically.

• Cultural fit and desire to work in a collaborative team environment.

• Self-motivated and directed individual, with the ability to take ownership to ensure outcomes are achieved and ability to escalate as needed.

• Language skills: English (fluent) and German (preferred)

Competencies Required

• Act in line with Nuveen’s Company Values

• Delivering results and expectations

• Entrepreneurial and commercial thinking

• Formulating strategies and concepts

• Relating and networking

• Persuading and influencing

• Working with people

This role requires Certified Staff - UK regulatory designation.

Nuveen is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace.

Nuveen offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities. Should you require any accommodation during the selection process please contact talentacquisition@nuveenglobal.com should you require any assistance.

Related Skills

Commercial Mindset, Consultative Communication, Continuous Improvement Mindset, Investment Strategy Acumen, Market/Industry Dynamics, Nuveen Products/Services Acumen, Product Design, Product Development, Product Management, Product Opportunity Assessment, Product Performance/Improvement Monitoring, Research Synthesization, Technical Writing


Company Overview

Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, listed equities and alternatives. Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. As a global asset manager, our mission is to work in partnership with our clients to create outcome-focused solutions to help them secure their financial future. For more information about the firm please visit our website at www.nuveen.com

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:

Phone: (800) 842-2755

Email: accessibility.support@tiaa.org

Privacy Notices

For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here (https://www.tiaa.org/public/tiaa-nuveen-privacy) .

For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here (https://www.tiaa.org/public/tiaa-nuveen-ca-privacy) .

For Applicants of Nuveen residing in Europe and APAC, please click here (https://www.tiaa.org/public/nuveen-eu-uk-privacy) .

For Applicants of Greenwood residing in Brazil (English), click here (https://www.tiaa.org/public/support/privacy/applicants-greenwood-privacy) .

For Applicants of Greenwood residing in Brazil (Portuguese), click here (https://www.tiaa.org/public/support/privacy/applicants-greenwood-portuguese-privacy) .

For Applicants of Westchester residing in Brazil (English), click here (https://www.tiaa.org/public/support/privacy/applicants-westchester-privacy) .

For Applicants of Westchester residing in Brazil (Portuguese), click here (https://www.tiaa.org/public/support/privacy/applicants-westchester-portuguese-privacy) .

DirectEmployers