Associate/Senior Associate, Ares Insurance Solutions

NEW YORK, NYPosted 30+ days ago

Job summary

• Job post source

  This job is directly from Ares Management Corporation

• Job overview

  The Associate/Senior Associate role at Ares Insurance Solutions supports the insurance business by providing analytics and operational assistance to senior team members, contributing to asset management and capital solutions.

• Responsibilities and impact

  The role involves monitoring investment portfolios, managing asset allocation templates, performing portfolio optimization, developing pricing models, recommending hedging strategies, supporting risk and compliance reporting, collaborating with asset managers, validating models, preparing investment materials, and providing ad-hoc analytical support.

• Compensation and benefits

  The position offers a base salary range of $145,000 to $175,000 plus discretionary performance bonuses, comprehensive medical, dental, vision plans, 401(k) with company match, FSAs, HSAs, life and disability insurance, employee assistance programs, commuter benefits, mental health and financial wellness apps, parental leave, and other employee benefits.

• Experience and skills

  Candidates should have a bachelor's degree in a related field, 3+ years of asset management or financial services experience, strong quantitative and technical skills including Python, SQL, Excel, and experience with optimization algorithms, asset classes, hedging strategies, and investment data; familiarity with insurance concepts and tools like QuantLib and Azure Cloud is a plus.

• Career development

  Ares emphasizes career development through recruitment, employee-focused programming, and fostering a welcoming, inclusive environment for diverse high-performance talent to build careers in the growing insurance industry.

• Work environment and culture

  The company culture values collaboration, responsibility, entrepreneurship, self-awareness, and trustworthiness, promoting a high-performance, inclusive, and supportive work environment.

• Company information

  Ares Management Corporation is a global alternative investment manager with a 20-year history focused on asset management, capital solutions, and corporate development in various sectors including insurance.

• Team overview

  The candidate will join the dynamic and growing Ares Insurance Solutions team, working closely with senior leadership, investment teams, corporate strategy, and other stakeholders to support insurance business growth.

• Job location and travel

  The role requires flexibility to work US East Coast and Europe time zones; specific office location details are not provided.

• Application process

  Applications are accepted on an ongoing basis with no set deadline; no specific application instructions are detailed in the description.

• Unique job features

  The role offers unique opportunities to work on innovative asset management and insurance solutions projects, including developing in-house quantitative models and collaborating across multiple teams within Ares and its insurance platform Aspida Financial.

Company overview

Ares Management Corporation is a leading global alternative investment manager offering clients investment solutions across credit, private equity, real estate, and infrastructure. The company generates revenue through management fees, performance fees, and investment income. Founded in 1997, Ares has grown significantly, managing over $300 billion in assets as of recent reports. Notably, the firm emphasizes a collaborative approach and deep industry expertise, making it a prominent player in the alternative investment space.

How to land this job

• Tailor your resume to highlight your quantitative and analytical skills, especially your experience with Python, SQL, stochastic modeling, and portfolio optimization, as these are critical for the Associate role at Ares Insurance Solutions.

• Emphasize your familiarity with asset management, security-level analytics, hedging strategies, and risk modeling, showcasing your ability to support investment teams and contribute to asset allocation decisions.

• Apply through multiple channels including Ares Management Corporation's official careers page and LinkedIn to maximize your application visibility and ensure you don’t miss any updates or opportunities.

• Connect with current employees in the Insurance Solutions or Portfolio Analytics teams at Ares on LinkedIn; use ice breakers like commenting on recent company initiatives in insurance platforms or asking about their experience working with the AIS team to start a conversation.

• Optimize your resume for ATS by including keywords from the job description such as 'portfolio optimization,' 'asset allocation,' 'hedging strategies,' 'security-level analytics,' and technical skills like 'Python' and 'SQL' to pass initial automated screenings.

• Leverage Jennie Johnson's Power Apply feature to automate applying across multiple platforms, tailor your resume with relevant keywords, and identify LinkedIn connections for networking, allowing you to focus more on preparing for interviews and refining your skills.