Rosanne Kropp has been hired by Allianz Life Insurance Company of North America as vice president of investment strategies for the AIllianz Investment Management division, Allianz announced Monday.

She will be responsible for developing and executing U.S. investment strategies, and will manage more than $100 billion in assets. Kropp will lead the division’s asset liability management, strategic and tactical asset allocation programs, and alternative investments in order to optimize performance, income, and liquidity for all managed portfolios.

Prior to joining Allianz Life, Kropp was senior vice president, head of portfolio management for Genworth Financial in Stamford, Conn., where she managed a $70 billion portfolio of insurance general account assets.