VP, Insurance Portfolio Manager

Together we fight for everyone’s opportunity for a better financial future.

We will do this together — with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone’s access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future.  We know that reaching this future depends on our actions today.

Like our Purpose Statement, Voya believes in being bold and committed to action.  We are committed to a work environment where the differences that we are born with — and those we acquire throughout our lives — are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision.

Are you ready to join a company with a strong purpose and a winning culture? Start your Voyage – Apply Now

Job Purpose

The Vice President, Insurance Portfolio Manager is a senior, hands‑on investment professional within the Insurance Portfolio Management (IPM) team, responsible for the construction, oversight, and ongoing management of customized insurance company portfolios. The role sits at the center of the investment process, translating insurance client objectives, balance‑sheet constraints, and regulatory considerations into executable portfolio strategies across public and private fixed income markets.

This position is intended for a seasoned professional who can independently manage complex mandates, exercise sound judgment across market cycles, and serve as a trusted partner to insurance clients and internal stakeholders. The role requires deep fixed income market expertise, a strong understanding of insurance accounting and capital frameworks, and the ability to coordinate investment activity across multiple asset sectors.

Key Responsibilities

Portfolio Construction & Management

• Lead the design, implementation, and ongoing management of multi‑sector fixed income portfolios for life and P&C insurance clients, aligning investment strategy with liability profiles, capital objectives, liquidity needs, and risk tolerances.

• Translate client investment guidelines, ALM targets, and regulatory constraints into actionable portfolio construction decisions, including sector allocation, structure selection, and risk positioning.

• Oversee portfolio rebalancing, cash deployment, turnover management, and trade prioritization in coordination with trading desks and sector specialists.

• Evaluate relative value across public and private asset classes, structures, and issuers, incorporating spread, capital efficiency, liquidity, and downside risk considerations.

Insurance‑Specific Expertise & Risk Oversight

• Apply deep knowledge of insurance regulatory frameworks, including NAIC RBC, statutory accounting (SAP), and U.S. GAAP, to inform portfolio decisions and client discussions.

• Partner with internal risk, capital, accounting, tax, and legal teams to ensure portfolios are constructed and managed in a manner consistent with insurance balance‑sheet objectives.

• Monitor portfolios for guideline compliance, concentration limits, capital usage, and emerging risks; proactively identify and recommend corrective actions as needed.

• Contribute to the development and refinement of portfolio surveillance tools, analytics, and reporting used across insurance mandates.

Client & Stakeholder Engagement

• Serve as a primary point of contact for assigned insurance clients, building credibility through clear communication, technical expertise, and consistent execution.

• Prepare and deliver high‑quality client materials, including investment reviews, portfolio commentary, ad hoc analyses, and responses to client inquiries.

• Participate in client meetings, investment committee discussions, and due diligence sessions, articulating portfolio positioning, performance drivers, and risk considerations.

• Support new business efforts by contributing to RFPs, pitch materials, and the design of proposed insurance investment solutions.

Cross‑Functional Leadership & Process Improvement

• Coordinate investment activity across multiple asset sector teams, ensuring alignment with portfolio objectives and timely execution.

• Act as a senior escalation point for operational, data, or reporting issues, working closely with middle office, data integrity, and compliance teams to resolve issues efficiently.

• Mentor and provide day‑to‑day guidance to analysts and junior portfolio managers, promoting strong analytical rigor and professional development.

• Identify opportunities to enhance portfolio construction processes, analytics, and automation to improve scalability, accuracy, and client outcomes.

Qualifications & Experience

• Bachelor’s degree in Finance, Economics, Accounting, Mathematics, Engineering, or a related quantitative discipline required.

• Minimum of 7 years of relevant experience in fixed income portfolio management, with direct experience managing insurance company general account portfolios strongly preferred; high‑quality institutional asset management experience considered.

• Demonstrated expertise across public and private fixed income markets, including corporate credit, securitized products, private placements, and structured investments.

• Strong working knowledge of insurance investment frameworks, including NAIC RBC, statutory and GAAP accounting, and asset‑liability management principles.

• CFA designation strongly preferred.

• Proven ability to independently manage complex portfolios, exercise sound investment judgment, and operate effectively in a dynamic market environment.

• Excellent analytical, problem‑solving, and quantitative skills, with the ability to synthesize complex information into clear, actionable insights.

• Strong written and verbal communication skills, with experience presenting to senior stakeholders and insurance clients.

• Collaborative mindset with the ability to coordinate across investment, risk, operations, and client teams.

• High degree of professionalism, accountability, and attention to detail, with a client‑focused orientation.

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Compensation Pay Disclosure:

Voya is committed to pay that’s fair and equitable, which means comparable pay for comparable roles and responsibilities.

The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting.

Actual compensation offered may vary from the posted salary range based upon the candidate’s geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

Be Well. Stay Well.

Voya provides the resources that can make a difference in your lives. To us, this means thriving physically, financially, socially and emotionally. Voya benefits are designed to help you do just that. That’s why we offer an array of plans, programs, tools and resources with one goal in mind: To help you and your family be well and stay well.

What We Offer

• Health, dental, vision and life insurance plans
• 401(k) Savings plan – with generous company matching contributions (up to 6%)
• Voya Retirement Plan – employer paid cash balance retirement plan (4%)
• Tuition reimbursement up to $5,250/year
• Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
• Paid volunteer time — 40 hours per calendar year

Learn more about Voya benefits (download PDF)

Critical Skills

At Voya, we have identified the following critical skills which are key to success in our culture:

• Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
• Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
• Team Mentality: Partnering effectively to drive our culture and execute on our common goals.
• Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions.
• Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.

Learn more aboutCritical Skills

Equal Employment Opportunity

Voya Financial is an equal-opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law.