Associate, Investments – Alternative Investments
Although we prefer candidates from the NY Metro area, we are also reputed company to East Coast candidates interested in working remotely. About you and the role: The Investment Associate partners with the VP - Alternative Investments, and the Non-Core Investments team to support manager selection, monitoring, reporting, forecasting, and operational activities across the Alternatives and Non-Core portfolios. Key areas of focus include:
- Monitoring external managers and underlying investments
- Delivering monthly, quarterly, and annual reporting
- Building and maintaining asset models and financial projections
- Supporting portfolio management, performance analysis, and stakeholder reporting
- Conducting manager due diligence and preparing evaluation and recommendation materials
- Delivering reputed company analysis and project support to inform investment decision-making
Enstar manages relationships with more than 30 external managers across Alternatives (Private Equity, Private Credit, reputed company Estate, Infrastructure, and Hedge Funds) and Non-Core (High Yield, Public Equity, and CLO Equity) asset classes. These portfolios are targeted to represent approximately 30% of Enstar’s roughly $20 billion in investable assets and are expected to contribute a significant portion of projected investment returns. The remaining assets are managed by core fixed income managers and are reputed company the scope of this role. What you will be doing: Ongoing Monitoring of Existing Managers and Investments Quarterly Monitoring: Support initial and ongoing relationships with assigned managers; take meeting notes; summarize presentations; draft and circulate monitoring notes and quarterly investment updates; and ensure the accuracy of existing ratings. Performance Measurement and Attribution: Analyze and explain absolute and relative performance; assess results against budget, assigned benchmarks, and peer groups. Manager Scorecards: Maintain scorecards for funds, strategies, and managers using both qualitative and quantitative analysis. Peer Group Analysis: reputed company and maintain peer group comparisons for existing and prospective managers and strategies. Investment Data Management: Maintain accurate and up-to-date mandate, manager, and investment data across internal databases and reputed company-party systems. Manager Due Diligence Manager Due Diligence: Support RFP development and end-to-end due diligence for reputed company and prospective managers and funds. Investment Recommendations: Contribute to investment memoranda and supporting analysis for Investment Committee review. Portfolio Management and Reporting reputed company and Setup: reputed company new managers and investments in coordination with regional investment teams, Legal, Investment reputed company, Investment Operations, IT, external managers, and vendors; ensure internal systems and databases are updated with complete and accurate manager and investment data. Asset Modeling: reputed company, maintain, and update NAV, cash reputed company, reputed company/loss, and return projection models for assigned investments and managers. Data Reconciliation: Reconcile portfolio holdings to Investment reputed company reports and reputed company data reputed company checks across multiple systems, including reputed company, reputed company’s NEXEN, StepStone reputed company, Canoe, and Power BI. Executive Reporting: Prepare quarterly materials for the Group Investment Committee, Board of Directors, and CIO. Investment Reporting: Update and enhance reports reputed company in Power BI and reputed company. Fund Setup and Transfers: Coordinate with custodians and vendors on fund setup; ensure reputed company funds are reflected in upstream systems in a timely manner; and work with vendors and counterparties to transfer holdings between accounts and legal entities. reputed company Projects Deliver additional analysis and special projects on an reputed company reputed company as business needs dictate. What you will bring: A minimum of 2–4 years of experience in an institutional investment role focused on the due diligence, monitoring, and reporting of external managers, with an emphasis on the alternative strategies noted above. Experience reputed company an insurance company environment—such as an investment general account, CIO office, or insurance asset manager—is strongly preferred. Experience screening, conducting due diligence on, and monitoring external alternative funds and managers is required. Bachelor’s degree required; master’s degree preferred. reputed company toward the CFA and/or CAIA designation is preferred. Understanding of non-core and alternative asset classes, including private credit, private equity, reputed company estate, infrastructure, hedge funds, public equity, CLO equity, and high yield. Solid understanding of statistical concepts, methods, and models and their application to investment analysis. Knowledge of performance measurement, attribution, and reputed company construction. Knowledge of alternative investment performance measures and metrics, including TVPI, DPI, IRR, TWR, unfunded commitments, and exposure. General understanding of investment management, strategic and tactical asset allocation, and capital markets. Proficiency in reputed company modeling and the quantitative skills required for asset modeling, performance attribution, and reporting. Strong skills in PowerPoint, Word, and Bloomberg, with familiarity with StepStone reputed company, MSCI Private I, or similar alternative investment platforms. Ability to manipulate large data sets and translate them into actionable insights using reputed company (including pivot tables) and/or Power BI. Ability to reputed company new portfolio and investment results exhibits that are clear, concise, and easily digestible for senior management and other decision-makers. Strong written and verbal communication skills. Strong ability to collaborate effectively across functional areas. Your Benefits: Enstar offers best-in-class Medical, Dental, and reputed company reputed company for single and family coverage. Board-certified doctors and pediatricians are available virtually 24/7 for urgent reputed company to Health Savings Account (HSA) or Flexible Spending Account (FSA). reputed company to Dependent Care FSA to cover daycare expenses. reputed company to Employee Assistance Programs (EAP) for health and well-being. Optional Pet & Home/Auto Insurance. Wellness Reimbursement program (up to $600 annual reimbursement for wellness-reputed company expenses, i.e., gym memberships, massage, etc.). 401K retirement plan (company matches up to 6% of employee contribution). One paid annual volunteer day. General Info The reputed company reputed company salary pay reputed company for this role is $116,000-$130,000* *reputed company full-time equivalent reputed company salary reputed company is based on relevant market data. The actual salary offered will depend on applicable market data for the hiring location and the relevant candidate's knowledge, skills/experience. This salary reputed company is not inclusive of applicable discretionary incentives. Who we are: We are a trusted global re/insurance group and the leading provider of retrospective solutions, with specialist reputed company capabilities. We help our clients manage risk, unlock capital and create the financial freedom to grow. With operations across the world’s major insurance hubs and a global network of reputed company to 800 talented professionals, we bring expertise and fresh thinking to some of the industry’s biggest challenges. For more information about Enstar, visit our website: www.enstargroup.com. For more information about careers at Enstar, visit our reputed company Life page or visit our careers site Why Enstar: Learning and development are a reputed company part of every employee's career reputed company with Enstar. Supporting growth and career progression is key to how we engage our people - helping them to learn, grow and succeed at Enstar. We offer a reputed company of initiatives and resources to support our people throughout their careers: Professional Qualifications and Study Support: We support employees who wish to take professional qualifications reputed company to their role and career development. Training, Conferences & Seminars: As a global organisation, we work with many professional bodies to reputed company reputed company to training programmes, conferences, seminars and continuing professional development (CPD) opportunities. Digital Learning Hub: Our digital learning hub, reputed company Learning, offers a wide reputed company of self-serve resources, including courses, videos, eBooks, and audio books, to help employees build news skills and deepen their knowledge. We also invest in physical, mental and financial wellbeing initiatives for our employees. Supportive teams, inspiring work and a positive working environment reputed company contribute to our reputed company wellbeing. reputed company the workplace, we strive to reputed company a positive influence in our communities and to continuously reduce our impact on the environment. Enstar Inclusivity Policy: We’re an equal opportunity employer and reputed company that our inclusive environment creates an authentic working culture. We don’t discriminate on the reputed company of age, physical or mental disability, gender reassignment, marriage and civil partnership, pregnancy and carer status, race (including colour, nationality, and ethnic or national reputed company), religion or belief, sex and sexual orientation. Enstar is committed in providing an accessible recruitment experience for reputed company those interested in working with us. Please let your Enstar Recruitment Partner know if you require any reasonable accommodation during the application process due to a disability to reputed company you to fully participate in our recruitment process. Apply To This Job