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Posted Date
5/05/2025
Description
About us. PURE is a leading high-net-worth personal lines insurance company headquartered in White Plains, NY. With offices in over eleven cities, PURE insures families across all fifty states and Canada. Last year PURE wrote over $2.4 billion in direct written premiums and the Group’s investment assets grew to approximately $2 billion. PURE invests across fixed income, equities, and alternatives. About the role. We are seeking a talented individual to lead the Investment Management function of PURE. The individual will serve as a senior leader reporting into PURE’s Executive Vice President & Chief Financial Officer and work closely with the Controller, Investment Accountants and General Counsel to manage the day-to-day oversight and all aspects of PURE’s investment strategy. This will be a hybrid role based out of our White Plains, NY office. This individual will take a proactive approach to monitoring performance, directing asset allocation, as well as selecting and overseeing external investment managers. A successful candidate will provide advice, analyses, presentations, and recommendations on various aspects of asset allocation and investment strategies to meet the long-term goals, regulatory requirements, and needs of the insurance company. What You'll Do. Major responsibilities will include: Helping to set investment risk appetite to align with business objectives Monitoring performance, liquidity, and regulatory changes Developing approaches to portfolio construction and asset allocation Identifying and evaluating new investment opportunities Completing due diligence on external managers Implementing investment strategies and associated operations Delivering findings and insights to the Chief Financial Officer and Investment Committee Maintaining relationships with external managers, custodians, and other counterparties Partnering with Controller & Finance team for cash management and to ensure accurate reporting Working closely with actuarial and risk to ensure investment strategies align with business needs Reporting processes, procedures, and findings to internal and external auditors Providing all support to the organization as it relates to investment management Prepare materials for board meetings with key stakeholders including PURE’s board and Tokio Marine, PURE’s parent company What We're Looking For. Knowledge of asset allocation, portfolio construction and risk management A proven record of investment due diligence and manager selection A demonstrated ability to present data, financial information, and new investment ideas Effective communication and presentation skills, both verbal and written Self-starter; able to set direction and lead efforts Bachelor’s degree in Finance, Economics, Business administration or a related field required. Master’s degree in Finance, Economics, Business administration or a related field preferred. CFA (Chartered Financial Analyst) designation preferred. 7+ years of prior experience, ideally within insurance, asset management or financial services Why PURE? A purpose-driven culture centered on service, transparency, and doing the right thing. A dynamic, collaborative work environment with smart, hardworking, and kind colleagues. Competitive Total Rewards package, including student loan debt repayment, generous time off, wellness programs, and retirement contributions. Opportunities for professional development and growth in an innovative organization. Want to Learn More? [Our Values] [Our Benefits] [Our Community Impact] [Our Leadership] The base salary for this role can range from $200K - $225K, based on a full-time work schedule. An individual’s ultimate compensation will vary depending on job-related skills and experience, geographic location, alignment with market data, and equity among other team members with comparable experience. Want to Learn More? [Our Values] [Our Benefits] [Our Community Impact] [Our Leadership] PURE Insurance is a property and casualty insurance company—think homes, cars, fine art and collections—designed exclusively for financially successful individuals and families. We're dedicated to delivering an exceptional experience to our members by alleviating stress, solving challenges and removing conflict, wherever possible, from the insurance process. We are deeply committed to fostering a work environment where everyone has an equitable chance to learn, develop and succeed, and where all feel welcome, safe, and supported to do their best work and bring their whole self to PURE. Our team is comprised of empathetic, passionate and curious individuals who are #PUREproud of the work we do and milestones we achieve together. We’re constantly looking for bright individuals with ambitions as high as our own to join our community and contribute to our journey. Joining PURE means creating your own journey, too. We encourage our team members to pursue their personal passions and provide them resources and support to see them come to fruition. Learn more about our culture on LinkedIn. Interested in PURE but don’t see a role that fits? Introduce yourself and we’ll get in touch if an opportunity opens up that seems like a good match.
Salary200,000.00 - 225,000.00 Annual