Description and Requirements
Position: Director, Global Credit and Equity, MetLife Insurance Investments , (MII)
Job Location: Whippany, NJ
Setting: Hybrid
Reports to: GCE Head of Corporate Credit
The Opportunity:
MetLife Insurance Investments (MII)
MetLife Insurance Investments (MII) is the global internal investment manager responsible for the general account (GA) and separate account assets of MetLife's Insurance Companies. For the general account, which totals over $400 billion in assets, MII develops and manages investment strategies in a manner consistent with business needs, including practicing asset-liability management and seeking investments with attractive relative value characteristics across asset sectors. MII designs strategic asset allocations to construct and manage portfolios while allowing for tactical adjustments that can maximize risk-adjusted returns over market cycles.
MII partners closely with each MetLife line of business to establish portfolio strategies, investment guidelines, and asset allocations to meet or exceed key metrics and other business objectives and interfaces with MIM, the primary asset manager for the general account. MII has oversight responsibility for asset managers managing about $105 billion of separate account assets and manages MetLife pension plan assets totaling about $12 billion.
The MII team consists of investment professionals across a diverse set of disciplines including insurance portfolio management, investment strategy, asset allocation, product pricing, asset sector oversight, derivative solutions and trading as well as analysis of external managers. The team operates in the United States, Latin America, Europe, the Middle East and Asia. Its stewardship of the general account has spanned MetLife's 155-year history and MII plays an integral role in helping MetLife deliver on its promises to clients.
The Role
This Director, Global Credit and Equity, MetLife Insurance Investments is a member of the Global Credit and Equity (GCE) team within MII. GCE is responsible for developing investment strategies, overseeing the GA portfolio from a credit and equity perspective and ensuring portfolios are positioned and managed in the best interest of the GA. GCE also independently monitors and identifies area of concern as well as opportunity and advises on macro allocation. GCE works with MIM to meet insurance company objectives.
As the Director, you will primarily focus on investment grade and below investment grade public and private credit, while occasionally working on cross-functional projects involving real estate, structured finance and/or sustainability. In this regard, you will complete analysis, monitor global markets, make recommendations and participate in discussions supporting these sectors. You will work with other MII associates to understand investment needs and partner with MIM to implement strategies and help manage the risk/return of the portfolio. Additionally, you should be able to effectively work in both team settings and independently to complete projects.
How You'll Help Us Build a Confident Future (Key Responsibilities):
- Work independently and with GCE asset sector heads to prepare investment analysis, engage with MIM sector teams and complete projects to develop investment strategies and provide GA oversight.
- Directly engage and build trusted relationships with GCE asset sector heads and MIM sector teams.
- Oversee sector strategies and drive the alignment of MII's expectations and asset management.
- Design and conduct analysis of major decisions, sales, acquisitions, and potential conflicts of interest as well as credit strategies.
- Manage/lead cross-functional projects to complete relevant analysis.
- Effectively manage and communicate state of sectors and markets to senior leaders in MII and MetLife
- Partner with MIM, Legal and Global Risk Management to analyze and monitor matters including but not limited to existing exposures, market changes, new commitments, potential sales, joint venture issues, new fund proposals, workouts, valuations and on-going portfolio surveillance.
What You Need to Succeed (Required Qualifications):
- 8-15 years of strong experience in institutional investment management, preferably with significant experience in both public and private corporate credit
- Strong understanding of corporate credit fundamentals and financial statement analysis
- Experience with market drivers and trends, ability to identify areas or concern or opportunity.
- Strong analytical skills and advanced proficiency with Excel and Bloomberg experience preferred.
- Ability to multitask in high performance, collaborative environment.
- MBA, CFA or other advanced degrees preferred.
- Familiarity with investment factors important to a life insurance company
Key Relationships:
• Reports to: GCE Head of Corporate Credit
• Key Stakeholders: MIM sector teams, MII US CIO team and Global Risk Management
The salary range for applicants for this position is $153,600 to $204,800.
Benefits We Offer
Our U.S. benefits address holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer a comprehensive health plan that includes medical/prescription drug and vision, dental insurance, and no-cost short- and long-term disability. We also provide company-paid life insurance and legal services, a retirement pension funded entirely by MetLife and 401(k) with employer matching, group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance, as well as Employee Assistance Program (EAP) and digital mental health programs, parental leave, volunteer time off, tuition assistance and much more!
About MetLife
Recognized on Fortune magazine's list of the 2024 "World's Most Admired Companies", Fortune World's 25 Best Workplaces™ for 2024, as well as the 2025 Fortune 100 Best Companies to Work For ®, MetLife , through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!
MetLife is an Equal Opportunity Employer. All employment decisions are made without regards to race, color, national origin, religion, creed, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, marital or domestic/civil partnership status, genetic information, citizenship status (although applicants and employees must be legally authorized to work in the United States), uniformed service member or veteran status, or any other characteristic protected by applicable federal, state, or local law ("protected characteristics").
If you need an accommodation due to a disability, please email us at [email protected]. This information will be held in confidence and used only to determine an appropriate accommodation for the application process.
MetLife maintains a drug-free workplace.
$153,600 to $204,800
#BI-Hybrid
