Vice President, Chief Investment Officer

<p>A career at The Auto Club Group (ACG) can be satisfying, exciting and rewarding. By aligning your professional development with our business objectives, ACG can help you attain your career goals &mdash; and make a difference. Get started by choosing the career that&rsquo;s right for you.</p>

Dearborn, MI

The Auto Club Group

AAA was founded over 100 years ago for the purpose of lobbying for driver and passenger rights, fair laws and safer vehicles — all to better promote the love of the open road and the adventure of driving. Since then, AAA has grown to over 50 million members strong, while providing valuable membership services such as roadside assistance. Additionally, AAA has broadened its horizons to include all types of travel-related services, as well as offer a variety of insurance and financial products and services. Today’s AAA is a national federation comprised of more than 50 individual clubs throughout the United States and Canada. Whether you’re traveling around the world or to the corner grocery store, planning a honeymoon or weekend road trip, learning to drive or in need of a battery boost, the best way to begin your journey is with AAA.

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Competitive Compensation and Benefits Package

Overview: <p>The Auto Club Group (ACG) provides membership, travel, insurance and financial services offerings to approximately 9 million members and customers across 11 states and 2 U.S. territories through the AAA, Meemic and Fremont brands. ACG belongs to the national AAA federation and is the second largest AAA club in North America.<br /> </p> <p><strong><u>Work Environment:</u></strong></p> <p>Works in a temperature controlled office environment.</p> <p><strong><br /> <u>Compensation</u></strong><br /> The Auto Club Group offers a competitive compensation and benefits packages including a base salary with performance-based incentives; medical/dental/vision insurance, pension, 401(k), generous time off, a complimentary AAA Membership and much more!</p>
Responsibilities: <ul> <li>The investment strategy for club, insurance and retirement plan portfolios aggregating $5-8 billion.</li> <li>Recommending asset allocation to the&nbsp;investment committee of the board.</li> <li>Evaluating risk/return tradeoffs with consideration of company&rsquo;s operating results.</li> <li>Directing internal investment staff for fixed income portfolio.</li> <li>Managing liquidity and rebalancing.</li> <li>Reporting on investment performance compared to benchmarks.</li> <li>Assuring compliance with all insurance and bank holding company regulations.</li> <li>Discussing investment philosophy with insurance rating agencies, state and federal regulators.</li> <li>Overseeing investment research, investment advisors and custodial accounts.</li> <li>Serve as a member of the Finance Department leadership team.</li> <li>Selection and monitoring of external managers.</li> </ul>
Requirements: <p>Specific candidate competencies and experiences sought include:</p> <ul> <li>A minimum of 10 years of progressive experience in investment strategy and management, including reporting to senior management and/or the board. Familiarity with various asset classes, risk and performance metrics and leading economic indicators.</li> <li>Experience managing a team including hiring and developing talent; budgetary management; setting a strategic direction; and driving programs to successful completion.</li> <li>A track record of working effectively as part of a senior team, staying on the cutting edge to proactively take advantage of new opportunities, challenging the status quo in a respectful manner and pushing an organization to test new and innovative solutions.</li> <li>Strong and credible written and oral communication skills.</li> <li>Familiarity with regulated entities such as insurance and/or banking.</li> <li>A bachelor&rsquo;s degree in business administration, economics, finance, or a related field is required. A master&rsquo;s degree (a plus) with an emphasis on finance or economics or real estate, a CFA or similar designation would be preferable along with ten years of experience.</li> </ul>