About this role
About BlackRock
BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. BlackRock currently has more than $11.6 trillion AUM and approximately 23,000 employees in more than 30 countries and a major presence in global markets.
Business Description:
BlackRock has been serving insurers for over 30 years and the Financial Institutions Group (“FIG”) is responsible for partnering and delivering holistic investment and risk management solutions to insurers globally. The Group is the industry’s largest third-party asset manager for insurers globally with over $700bn of assets under management, spanning over 400+ of the world’s top insurance companies, and our insurance practice is a strategic focus of the firm. In APAC, c.25 dedicated FIG client coverage and Insurance Solutions specialists partner with more than 120 insurance clients across APAC to execute on their strategic priorities across investments, risk management, wealth and technology needs.
Roles & Responsibilities:
The candidate will be responsible for formulating and executing an ambitious strategy to expand and further transform our business with insurers in Korea.
The role will work closely with the APAC Head of FIG and Korea Head of Institutional Client Business to maximize business opportunities not only for asset management business but broader BlackRock capabilities, including technology solutions.
Initiate, develop, manage and strengthen relationships with Life Insurers, P&C Insurance Companies, Reinsurance and their affiliated asset managers
Develop high quality pipelines and deliver ambitious financial outcomes by collaborating closely with product specialists to leverage BlackRock’s full platform capabilities, including (i) active and passive strategies across Equities, Fixed Income, Multi-asset, (ii) Alternatives, (iii) Aladdin, and (iv) bespoke whole portfolio solutions. This involves identifying transformative organic and inorganic business opportunities and forming strategic alliances with key insurance partners.
Partner closely with FMA Insurance Solutions to ensure that we are maximizing deployment of Insurance Solutions capabilities and resources to our largest and strategic opportunities
Partner closely with key stakeholders including but not limited to Global FIG, Insurance Solutions, Marketing and Global Product Solutions to drive campaigns and business solutions for insurers and project-manage strategic initiatives to further build up Firm’s brand awareness amongst the clients and prospects
Represent BlackRock in the industry by being involved in public speaking and organizing industry events and forums
Qualifications:
15+ years of extensive financial industry experience in institutional client facing role.
Preference for FIG banking / capital markets / actuarial / insurance asset management background, with roles involving, M&A advisory / insurance advisory / portfolio management / structuring / senior relationship management
Strong track record of cultivating relationships with senior clients and possess appreciation of navigating complexities
Good appreciation of the regulatory and accounting considerations for Korean insurers
Experience of working for international organizations and ability to work in a multinational matrix environment preferred
Effective team player who is accustomed in working with global, regional and local stakeholders
Excellent communication skills
Highest standard of ethics
Language skills: Korean/Native, English/Strong proficiency in both written and spoken business English
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently 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 time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.
