Overview
This role involves evaluating investment portfolios as part of regulatory oversight projects (financial examinations, analysis, and special projects). Responsibilities include assessing practices and strategies of insurance entities, identifying investment-related issues, and recommending solutions to address findings. The position offers opportunity for advancement as well as personal and professional growth.
Open to full-time or part-time applicants.
Responsibilities
- Work closely with regulators to review and provide analysis for companies’ investment strategies, products, portfolios, investment plans, and agreements.
- Review entities’ investment policies, guidelines, procedures, and controls for investment accounts, including performing procedures to verify or establish existence, ownership, and valuation of investment accounts.
- Compare and contrast investment activities with industry benchmarks.
- Review and assess companies’ investment risk management processes.
- Review and evaluate derivative investment portfolios and hedging programs.
- Review and evaluate companies’ investment-related agreements.
- Support other aspects of a risk-focused financial exam, including:
- Develop interview questions and lead or assist in leading investment interviews of senior and executive management; assess governance functions over investment areas.
- Execute testing of compliance with state laws, rules, and regulations.
- Participate in client status meetings, prepare and review deliverables, and assist in identifying issues to be communicated to the client.
- Review valuation and assess impairment of investments, including asset backed securities, mortgage-backed securities, and collateralized debt obligations, among others.
- Coordinate with other specialists (e.g., actuaries and reinsurance specialists) and financial examiners on investment issues impacting their work.
- Communicate complex investment topics to clients and other stakeholders.
- Document work according to defined regulatory requirements.
Basic Qualifications
- Bachelor’s Degree in Finance or Accounting
- 10+ years of relevant experience in investment management or investment risk management in insurance, banking, or asset management industries
Preferred Qualifications
- MBA, CPA and/or other professional certification(s), including Certified Investment Specialist (CIS) and Chartered Financial Analyst (CFA)
- Insurance industry portfolio management
- Experience reviewing, assessing, and documenting investment-related internal controls and governance
Required Qualifications
- Demonstrated critical-thinking and problem-solving abilities
- Proficiency with the Microsoft 365 suite of products and business productivity tools, including experience using software for producing presentations, reports, spreadsheets, and project planning
- Demonstrated time management and project management skills
- Ability to interact with all levels of personnel, including executives and senior managers
- Advanced analytical skills, including statistical sampling, with the ability to interpret financial data and provide insights
- Excellent presentation, verbal, and written communication skills with strong attention to detail (spelling, grammar, mathematical accuracy such as Excel formulas, and readability in deliverables)
- Excellent organizational skills and ability to manage and prioritize multiple tasks, projects, and assignments simultaneously
- Dynamic and flexible demeanor with outstanding interpersonal skills and a “can do,” team-first attitude to provide exceptional client service
- Forward-thinking, collaborative approach; ability to consult effectively with key constituents and become recognized as a valued resource
- Self-motivated with a strong sense of urgency to meet deadlines
- Prior supervisory experience, including ability to guide and support team members with an emphasis on team building and team development
- Ability to travel occasionally
- Demonstrated ethical, integrity, and professional standards
Compensation & Benefits
- Compensation range: $134,000 - $269,000
- Discretionary bonus eligibility based on firm and individual performance
- Benefits include a competitive compensation package and schedule flexibility to help balance life demands while serving clients
Location
Remote — USA location