Principal, ALM & Portfolio Manager

Principal, ALM & Portfolio Manager page is loaded## Principal, ALM & Portfolio Managerlocations: El Segundo, Californiatime type: Full timeposted on: Posted Todayjob requisition id: R260138**Position Overview**Apollo Global Management is a leading alternative asset manager with ~$800bn AUM including~$350bn at retirement services subsidiary Athene. Apollo Insurance Solutions Group (ISG) bridges the two organizations by matching Athene insurance capital to Apollo Global Management assets.We are hiring a Principal for ISG’s portfolio management business with a focus on Athene’s growing APAC insurance business. The business wins liabilities from cedant insurers by adding value through bespoke hedging and investment strategies. Your mission is to blend specialist insights—pricing, derivatives, risk, allocations, finance, and reporting—into asset-strategy recommendations for new treaties and optimization ideas for the in-force book. The remit spans Bermuda, Los Angeles, New York, and occasionally Tokyo. The suits ambitious professionals who relish high-impact collaboration.**Primary Responsibilities:*** Price New Business – Construct strategic-asset-allocation (SAA) and hedge proposals to package into a deal-pricing deck* Deal Deployment - Coordinate asset purchases and hedge execution so cash flows, capital, and liquidity align on day one* In-Force Management & Optimization - Monitor combined asset/liability/hedge performance, liquidity, and capital efficiency; Create rebalancing ideas and drive model & data enhancements* Stakeholder Integration – Facilitate cross-functional forums to discuss deal pricing and performance* Hedge & ALM Alignment – Partner with the derivatives desk to design and monitor FX/IR hedges; assess effectiveness and recommend refinement* Model Stewardship & Insight Generation – Define requirements for Python- or Excel-based ALM tools; steer quant resources; run scenarios and translate outputs into actionable recommendations.* Performance Reporting – Produce concise management and board packs that attribute results across assets, liabilities, and hedges while highlighting optimization opportunities.* Process Advancement – Promote best practices and new ideas through influence and collaboration**Qualifications & Experience*** FX & IR hedge expertise – Direct experience collaborating with a derivatives desk on hedge design and monitoring.* ALM depth & SAA construction – Strong command of duration and cash-flow matching for life-insurance liabilities and hands-on involvement in strategic-asset-allocation design.* Stakeholder-management excellence – Ability to synthesize diverse inputs, lead virtual meetings across multiple time zones, and build consensus* Entrepreneurial drive – Self-starter who enjoys building processes in a flat, idea-driven setting; comfortable with outcome-oriented schedules beyond standard office hours.* Quantitative proficiency – Skilled at running and interpreting Python/Excel/ALM models; able to guide quants and validate results (coding not required).* Experience – 8+ years in insurance ALM management, treasury, or a related function.* Qualifications – Qualified Actuary, CFA Charterholder or similar professional designation.**Preferred Qualifications:*** Regulatory & reporting fluency – Understanding of US STAT, US GAAP, and US Tax frameworks, plus familiarity with market-value regimes (EBS, Solvency II, ICS).* Market-risk & stress testing – Experience developing liquidity and market-risk metrics, including bespoke stress scenarios.* Performance attribution – Proven ability to attribute performance across a combined asset, liability, and hedge portfolio.* Collateral / CSA familiarity – Knowledge of reinsurance collateral structures and VM/IM processes.* Quant toolkit leadership – Ability to scope, project-manage, and review/validate enhancements to Python- or Excel-based analytical tools.* Executive storytelling – Skill in crafting board-quality slide decks and narratives.* Academic credentials – Degree in Mathematics, Statistics, Engineering, Finance, Economics, or a comparable quantitative discipline.**Firm Overview**Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of September 30th, 2025, Apollo had approximately $840 billion of assets under management. To learn more, please visit .**Our Purpose & Core Values**Our clients rely on our investment acumen to help secure their future. We must never lose our focus and determination to be the best investors and most trusted partners on their behalf. We strive to be:* The leading provider of retirement income solutions to institutions, companies, and individuals.* The leading provider of capital solutions to companies. Our breadth and scale enable us to deliver capital for even the largest projects – and our small firm mindset ensures we will be a thoughtful and dedicated partner to these organizations. We are committed to helping them build stronger businesses.* A leading contributor to addressing some of the biggest issues facing the world today – such as energy transition, accelerating the adoption of new technologies, and social impact – where innovative approaches to investing can make a positive difference.We are building a unique firm of extraordinary colleagues who:* Outperform expectations* Challenge Convention* Champion Opportunity* Lead responsibly* Drive collaborationAs **One Apollo** team, we believe that doing great work and having fun go hand in hand, and we are proud of what we can achieve together.**Our Benefits**Apollo relies on its people to keep it a leader in alternative investment management, and the firm’s benefit programs are crafted to offer meaningful coverage for both you and your family.**Pay Range**$300,000Apollo Global Management, Inc. (together with its subsidiaries and affiliates) is committed to championing opportunity.The firm and its affiliates comply with applicable discrimination and equal opportunities legislation in all of its jurisdictions and do not discriminate in employment or recruitment based on race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or any other protected characteristic under applicable law.The contents of the qualifications and experience section of this job description are a guideline only. If an applicant can otherwise demonstrate their suitability for the role they will be considered.*T**he base salary range for this position is listed above. This position is also eligible for a discretionary annual bonus based on personal, team, and Firm performance. Compensation ranges are based on several factors including job function, level, and geographic location. Final offer amounts are determined by multiple factors including candidate experience and expertise, and may vary from the amounts listed here.* #J-18808-Ljbffr Athene