Insurance Companies | Voya Investment Management
Abstract Hero


Insurance Companies

Voya Investment Management’s insurance solutions team focuses on helping to guide, build, and manage customized investment solutions for insurance companies.


Our Philosophy

With over 40 years of insurance asset management experience globally, we are committed to being a reliable partner for our clients. We focus on delivering capital efficient investment solutions through a cross-functional, collaborative process led by our specialized Insurance Portfolio Management team (IPM), with clear accountability, speed to implementation, and connectivity to support expertise.

The client is at the center of all that we do. Our experienced insurance solutions team acts as a center point of contact for each client, in order to bring the best of Voya to each organization.

Experienced provider of customized investment solutions to insurance companies



Specialized Market Expert

  • Approximately 850 employees and more than 200 investors in the U.S. & UK averaging over 40 years of insurance asset management experience
  • Leading authority in insurance asset management, with $85B under management for a global client base1
  • One of the 50 largest asset managers globally2
  • Top 10 Insurance Manager in the U.S. and ranked 14th by global AUM3


Custom Solutions Provider

  • Customized solutions optimized for unique objectives and constraints
  • Insurance advisory resources informed by tailored quantitative research
  • Coordinated regulatory, capital, tax, legal, financial reporting/accounting an actuarial expertise


Committed Partner

  • Collaborative approach toward managing assets for insurers
  • Mandate structures encourage strong alignment of interest
  • Access to our capital markets research and insights


Insurance Solutions: By the Numbers

(As of 12/31/23)

65 Clients

$50B AUM

Insights & Resources

About the Team

Hobbs HeadshotJeffrey Hobbs, CFA
Head of Insurance
Portfolio Management
LinkedIn Connect on LinkedIn

Jeffrey Hobbs is head of insurance portfolio management at Voya Investment Management, responsible for developing and implementing full-service customized investment solutions across all asset classes for Voya’s proprietary general account as well as Voya’s external insurance clients. He is also a member of Voya Investment Management’s Investment Committee governing the broader platform and acts as vice chair of the Voya IM Credit Committee. Previously at Voya, Jeffrey served as an insurance portfolio manager focused on the management of proprietary U.S. insurance assets and multi-sector insurance accounts for third party insurance clients. Prior to joining Voya, he was a portfolio manager at 40|86 Advisors, the investment management subsidiary of CNO Financial Group. Jeffrey earned an MBA from the University of Chicago with concentrations in analytic finance, corporate finance and economics, and a BBA in finance with honors from the University of Oklahoma. He serves on the Emerging Leaders for Children’s board at Children’s Healthcare of Atlanta, supporting pediatric healthcare initiatives in our community, and is a CFA® Charterholder.



Alvarez HeadshotMichael Alvarez, CFA
Managing Director,
Head of Insurance Solutions
LinkedIn Connect on LinkedIn

Michael Alvarez is head of insurance solutions at Voya Investment Management, responsible for delivering broad investment management and advisory services to insurance companies. Previously at Voya, he was a client advisor and team leader for the US Insurance Solutions team. Prior to that at Voya, Michael was an analyst in the strategy and corporate development team, where he focused on the separation of the U.S. business from ING Group, strategic planning, and competitor intelligence. Michael earned an AB in economics, magna cum laude, from Princeton University. He is a CFA® Charterholder and holds FINRA Series 7 and 63 registrations.

Contact Us

We look forward to partnering with you.
How do you prefer we contact you?

1 As of 12/31/23.
2 Pensions & Investments, “The Largest Money Managers,” 2023 Survey based on assets as of 12/31/22.
3 DCS Financial Consulting, Clearwater Analytics based on assets as of 12/31/22.