Capital Markets Analyst II

National Association of Insurance Commissioners (NAIC); New York (NY); Hybrid; USD 98,000 - 125,000; Full time

Job summary

The Regulatory Affairs division of the National Association of Insurance Commissioners (NAIC) has an exciting opportunity for a Capital Markets Analyst II in our New York City Office. This role monitors investment markets across fixed income, mortgages, equities, real estate, derivatives, and prepares analytical reports, with a hybrid work arrangement and residency within 100 miles of NYC required.

Key responsibilities include portfolio analysis, risk assessment, data collection and SQL-based

Qualifications

• Bachelor's in Finance or Economics required; advanced degrees preferred.
• 5+ years in credit/portfolio or asset management analysis.
• Knowledge of capital markets and insurance industry helpful.
• SQL queries and data visualization tools are highly preferred.

Responsibilities

• Monitor investment markets across major asset classes for insurers.
• Prepare Investment Analysis Reports for state regulators.
• Collect, organize and analyze data; write SQL queries for analyses.
• Identify risks and trends affecting solvency and markets.
• Support NAIC staff and regulators with risk/merits of investments.
• Attend professional trainings and broaden capital markets knowledge.
• Collaborate across divisions and with regulators on capital markets issues.

Skills

Financial analysis

Risk management

Data analysis

Communication

Education

Bachelor's degree in Finance or Economics

Master's degree or CFA preferred

Tools

SQL

Tableau

Excel

PowerPoint

Job description

The Regulatory Affairs division of the National Association of Insurance Commissioners (NAIC) has an exciting opportunity for a Capital Markets Analyst II in our New York City Office. This person will monitor investment markets for each of the major asset classes owned by insurers such as fixed income (corporates, munis, structured securities, etc.) mortgages, equities, and real estate as well as derivatives and produce comprehensive analytical reports. This is a full-time hybrid position in a positive and flexible environment. Residency within 100 miles of the New York City office is required.

Key Responsibilities:

• Demonstrate understanding of theory and practice of portfolio construction, management, analysis, and risk management. Demonstrate broad, innovative thinking to analyze credit and market risks and other issues such as liquidity and volatility; and take into account portfolio and asset/liability considerations.
• Perform qualitative and quantitative analysis of investment portfolios or specific parts of an investment portfolio of insurance companies, identifying specific risks and potential concerns that could impact insurer solvency.
• Prepare preliminary Investment Analysis Reports and/or full Investment Analysis Reports for state insurance departments.
• Collect, organize and analyze data. Write database queries for data used in investment analysis. Identify, analyze and interpret trends or patterns in complex data sets, and synthesize results with knowledge of financial investments and capital markets.
• Leverage a variety of resources (i.e. industry experts, investment banking research, rating agency reports among others), identifying relevant theses, and deriving conclusions. Support and discuss with NAIC staff and state regulators the risks and merits of different investments and investment practices.
• Maintain constant vigilance of current and emerging investment issues, identifying trends and developing views on capital markets. Attend conferences, webinars, seminars, NAIC continuing education courses, etc. to further knowledge of capital markets, various types of investments (i.e. asset types), and regulatory issues, broadening analytical skills as well as depth of understanding of the interconnectedness between global financial markets.
• Maintain excellent interpersonal skills to work collaboratively with the team, various NAIC divisions and staff, as well as state regulators, to enhance and expand support of capital markets issues, and disseminate pertinent information and viewpoints. Provide support on investment and capital markets issues.

Minimum Education and/or Experience Required:

• Bachelor's degree (B.A.) in Finance, Economics or equivalent is required. Master's degree (M.A.), M.B.A. and/or CFA charter preferred.
• Related experience of at least 5 or more years; ideally at least 2 to 5 years of credit/portfolio analysis, asset management, or equivalent combination of education and experience.
• Knowledge of capital markets required; knowledge of insurance industry, statutory accounting and risk-based capital preferred.
• Microsoft Office (Word, Excel, and PowerPoint) Knowledge and experience with SQL database queries (e.g. Oracle, Snowflake) and visualization software (e.g. Tableau) is greatly preferred.

Travel Requirements:

This position requires some out-of-state, overnight travel in support of member meetings and events throughout the year. Must be able and willing to travel to locations throughout the United States and with such frequency as necessary to meet the needs of this position and the Association.

Compensation:

$98,000- $125,000 commensurate with education and experience.

Sponsorship:

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

Interested in learning more about the amazing benefits the NAIC offers? Visit our Benefits page for more information.

The NAIC is proud to be an Equal Opportunity Employer

Applicants for all positions are considered without regard to age, race, creed, color, religion, sex, sexual orientation, gender identity or expression, national origin or ancestry, marital status, pregnancy, genetic information, military or veteran status, disability, or any other basis protected by applicable law.