In this episode of the InsuranceAUM.com Podcast, host Stewart Foley, CFA, sits down with Cindy Beaulieu, Chair of the Investment Policy Committee at Conning, to discuss how the COVID-19 crisis reshaped insurance asset management. Cindy shares her firsthand experience from taking on her role in January 2020 and how the pandemic rapidly reminded clients and managers alike of the importance of liquidity and robust risk management. The conversation delves into the dramatic market dislocations, the swift changes in asset valuations, and the critical adjustments required to navigate a low-yield environment—all while preserving the ability to seize opportunistic investments.
The discussion also explores the iterative process of developing customized investment strategies for insurance companies, emphasizing the need to understand each client’s unique risk profile and liquidity requirements. Cindy explains how Conning leverages its deep industry expertise and dedicated research teams to offer tailored solutions that align with clients’ long-term objectives. Additionally, she offers valuable career advice for young professionals, stressing the importance of networking, continuous learning, and embracing entry-level opportunities to build a successful career in the insurance asset management industry.