FIG Strategic Insurance Partnerships Vice President

About this role

BlackRock Overview:

BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. As of December 31, 2024, BlackRock’s AUM was $10+ trillion.

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 across public and private markets. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®.

As of year-end 2024, the firm had approximately 20,000 employees in more than 30 countries and a major presence in global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Company’s website at www.blackrock.com | Twitter: @blackrock_news | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock

Business Unit Overview:

Our Financial Institutions Group (FIG) develops and fosters connectivity and drives business outcomes with insurance companies by leveraging insurance expertise, a global platform, and BlackRock’s leading capabilities in asset management, markets advisory, and risk technology. We are the largest 3rd party manager of insurance assets in the world with over $700 billion of invested assets across public and private fixed income, equity and multi-asset investment strategies.

The Strategic Capital Solutions team works alongside the FIG team focusing on building and executing strategic, multi-dimensional relationships with insurers beyond the typical insurance asset management engagements. We work with insurance companies and investors to deliver capital solutions, including capital from BlackRock’s balance sheet, that will allow our insurance partners to successfully grow and benefit from scaled access to BlackRock’s leading asset management, advisory and technology capabilities. These strategic partnerships will drive meaningful growth for BlackRock, accelerate the development of our private markets platform, and allow our investor clients to participate in attractive investment opportunities.

The Strategic Capital Solutions team is seeking to add a Vice President to the team, based in New York. The individual will be a key contributor to FIG’s success and work closely with the rest of the team as well as other groups within BlackRock to drive business strategy and strategic transactions aligned with the objectives outlined above.

Key responsibilities will include:

• Developing and executing 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 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 / in 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

Development Value:

• Experience in developing and driving critical business strategy and transactions for the world’s largest and leading asset manager.
• Exposure to senior strategy and investment professionals, and executive management at leading insurance companies, pension plans, sovereign wealth funds and investment firms.
• Exposure to senior leaders in the FIG, executive, client, and investment functions within BlackRock, as well as senior professionals at insurance companies, investment banks, and advisors.
• Potential development to broader responsibility and leadership roles within Strategic Capital Solutions team, Strategy and/or broader FIG business.

Candidate Qualifications / Profile:

• Bachelor’s degree with strong record of academic achievement
• Minimum of 5 years professional work experience, ideally within investment banking advisory, or in the life insurance or reinsurance sector; M&A, corporate strategy, and corporate development experience will be viewed favorably
• Domain expertise in insurance and/or insurance asset management
• Excellent problem-solving and communication skills; ability to distill complex ideas into clear and concise concepts
• Strong financial analysis, data management and presentation skills
• Project and process management skills, including proven ability to manage multiple projects simultaneously
• High attention to detail, intellectual curiosity, and motivation
• Ability to build interpersonal relationships across teams and seniority levels

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 workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email [email protected]. All requests are treated in line with our privacy policy.