Vice President

About the role

BlackRock Financial Management, Inc. – Vice President position located at 50 Hudson Yards, New York, NY 10001.

Responsibilities

• Develop and execute business strategy for the Strategic Capital Solutions group synthesizing industry data, trends and observations to drive informed decision-making that will continue to propel the success of the Financial Institutions Group (FIG) and BlackRock platforms.
• Support and execute high-leverage cross-functional initiatives that require a holistic understanding of industry trends and BlackRock’s platform.
• Drive execution of strategic relationships, partnerships, and investments with insurers that are aligned with BlackRock’s long-term objectives.
• Coordinate with key stakeholders (internal and external) as needed to quarterback projects and strategic transactions.
• Establish and maintain relationships with co-investors and track outreach data for all co-investment opportunities.

Qualifications

• Bachelor’s degree in Financial Engineering, Accounting, Economics or a related field.
• Five (5) years of experience in the job offered or as an AVP, Associate, Analyst or related role.
• Domain expertise in insurance and insurance asset management.
• Business strategy development for capital solutions for insurers.
• Financial modeling and valuation concepts related to strategic investments and partnerships in insurance companies.
• Strategic transaction management, including coordinating cross-functional execution.
• Due diligence support for partnerships, co-investments, and insurer-related transactions.
• Relationship management with co-investors and institutional partners.
• Cross-functional collaboration across product, investment, risk, and distribution teams.
• Understanding of asset management platforms and business models.
• Knowledge of insurance industry capital structures and investment strategies.
• Data synthesis tools such as Excel and Capital IQ.
• Experience with the US and international life insurance and annuity markets, capital regimes, and regulation.
• Experience in financial modeling, including modeling asset intensive reinsurance transactions.

Benefits

• Comprehensive healthcare.
• Leave benefits.
• Retirement benefits (including a strong retirement plan).
• Tuition reimbursement.
• Support for working parents.
• Flexible Time Off (FTO).

Pay

Salary range: USD$210,000.00 – USD$300,000.00, plus eligibility for an annual discretionary bonus.

Schedule

Hybrid work model: employees are required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week (some business groups may require more office time).