I was wondering if anyone has any insight on this role. I would appreciate if anyone can shed light on its exit opportunities as well. Thanks
It depends on a lot of factors. Pension vs.insurance will be 2 different jobs and exit opportunities. Your day to day involvement with fixed income will be a huge factors as well. Are you working with a dedicated portfolio manager who is buying and selling bonds or primarily working with actuarial data to figure out the appropriate portfolio characteristics?
Generally I would say that the exit ops are limited. ALM and LDI are fairly specific and it would be hard to move out of. On the other hand, if you are heavily involved with the portfolio management, then you will gain some good experience in fixed income and corporate credit, which is obviously more transferable. Alternatively, if you’ve got people skills and nitty gritty technical skills, you could be valuable as a client services guy for any FI strategy. Some people hate that role.