Blue Owl Insurance Solutions, Strategic Investment Team – Associate

Responsibilities

• Support the evaluation, diligence, negotiation, and execution of strategic transactions with insurance companies, including M&A, minority equity investments, reinsurance transactions, investment management agreements, and bespoke capital solutions
• Underwrite equity investments in specialty finance and origination platforms that generate attractive assets for insurance companies, including analysis of origination volumes, unit economics, asset quality, funding structures, and forward-flow arrangements
• Aid in the evaluation, acquisition, and structuring of asset portfolios to meet insurance company objectives
• Support the structuring of investment solutions tailored to insurance company objectives, including rated feeder structures, collateralized fund obligations, and other capital-efficient formats across Blue Owl's credit, asset-based finance, and real estate strategies
• Build and maintain financial models, including transaction models, insurer capital analysis, rating agency capital frameworks, and relative value analysis
• Conduct due diligence on counterparties and targets, including review of financial filings, actuarial reports, investment portfolios, and regulatory considerations
• Prepare investment committee memoranda, board materials, and client presentations
• Coordinate transaction execution across internal origination teams, legal counsel, rating agencies, and external advisors
• Maintain oversight of existing strategic partnerships and portfolio investments, including ongoing financial and capital reporting
• Monitor insurance industry trends, competitor platform activity, and regulatory developments affecting insurer investment behavior
• Support BOIS strategic development including preparation of internal and external materials

Qualifications

• Bachelor's degree required
• 2+ years of experience in investment banking (FIG, M&A or capital markets / structuring backgrounds preferred), insurance corporate development, actuarial advisory, asset based finance (investing or structuring), or a comparable role at an alternative asset manager with an insurance solutions platform
• Strong financial modeling and analytical skills; experience with insurance company financial statements (GAAP and statutory) preferred
• Leverage AI as a tool to drive efficiency
• Experience with insurance, reinsurance, or broader FIG strongly preferred (i.e., accounting, capital frameworks, investment structuring, rating agency considerations)
• Exposure to structured credit, securitization, or fund finance a plus
• Excellent written and verbal communication skills; ability to produce investment-committee-quality materials with limited oversight
• Demonstrated ability to manage multiple concurrent workstreams in a lean team environment
• High degree of ownership, intellectual curiosity, and collaboration across teams

Pay

The base annual salary range for this New York City-based position will be $110,000 to $155,000. Actual salary offered will be based on the candidate’s skill, experience, and qualification for the role.

Schedule

The Role is in office Monday to Thursday.