Position Overview
Part of Apollo, ISGI serves as the dedicated investment office for large, strategic, and sophisticated insurance and pension clients. These clients are investing over €15 billion into “Return Seeking” (RS) assets managed by ISGI, which include a range of evolving private debt and equity-like investments, all originated and underwritten by Apollo. The strategy embodies a relative value-oriented approach with an emphasis on consistent outperformance and capital preservation while adhering to local regulatory constraints.
Investments encompass a diverse array of credit, real assets, and equity-like opportunities sourced from various jurisdictions and markets worldwide. The ISGI RS team, based in Zurich, plays a pivotal role in supporting insurance clients through portfolio management, investment selection, analytics, reporting, and educational materials, while also assisting them in optimizing their Solvency II compliance. Additionally, the team constructs portfolios of private investments, providing essential support to clients in defending these portfolios to local regulators and boards.
Associate Role Overview
This Associate position focuses on integrating into the team responsible for the origination and management of private investments, particularly in collaboration with Israeli insurance companies. The role aims to enable these clients to allocate assets into private investments while navigating the constraints of Israeli regulation. The successful candidate will integrate closely with the Zurich-based RS team, which is dedicated to originating private investments on a global scale. A mindset geared towards improving economics, insights, and service delivery through dedication, expertise, client relationships, and a collaborative, cross-functional approach is essential.
Primary Responsibilities
- The role will focus on private investments that are (i) originated across markets and jurisdictions by Apollo and (ii) are to be allocated to regulated Israeli insurance and pension funds.
- Develop constructive client relationships in Israel by building trust and understanding their regulatory constraints, to facilitate their interactions with management, investment committees, auditors, and regulators.
- Prepare and present summaries for Israeli investors on new deals specifically originated by Apollo, to enhance their decision-making process.
- Defend investment decisions, coordinate governance processes for efficient approvals, and prepare necessary investment and reporting materials to implement investments within the regulatory framework, including Solvency II guidelines.
- Liaise internally with Apollo deal teams, supporting the origination and structuring of new deals tailored to Israeli client needs and constraints.
- Handle the understanding, preparation, and adjustment of investor reports and ad hoc responses for both internal management and external client regulatory reporting.
- Utilize and further develop analytics to track and project capital activity, returns, forecasting, capital consumption, drawdown risk, diversification, and other relevant metrics to construct private investment portfolios.
Qualifications and Experience
- 3+ years of relevant experience in investment functions within (i) a large insurance company, (ii) an insurance asset management firm, (iii) an investment bank within an insurance solutions or structuring group, (iv) a consulting firm specializing in insurance regulation or law, or (v) an alternative asset management group.
- Previous experience with alternative or private investments is essential.
- Solid understanding of fixed income principles, capital markets, and private origination across asset-backed and corporate finance.
- Familiarity with Solvency II regulation, including Standard Formula calculations and assessments for private assets, as well as differences between the Israeli adoption and continental European frameworks. Experience in documenting investment decisions against these frameworks and knowledge of Prudent Person Principle (PPP) requirements is required.
- The candidate must be able to support investment proposals to clients, demonstrating strong presentation and interpersonal skills.
- Self-starter with a robust work ethic, dedicated to consistently going the extra mile.
- Ability to perform under pressure, multitask, and respond quickly and decisively to meet demands.
- Solid proficiency in SQL, VBA, Excel, and Microsoft PowerPoint is mandatory for effective data manipulation, portfolio reporting, and modeling—especially of private investment portfolios.
- Excellent academic background in finance, economics, mathematics, or a related field is required.
- Fluency in English, Hebrew, and one additional language is essential.
Application Process
Interested candidates are invited to apply online using the form below. Only applications matching the job profile will be considered.