Capital Markets Analyst II

NAIC; New York (NY); Hybrid; USD 110,000 - 125,000; Full time

Job summary

The Capital Markets Analyst II at the National Association of Insurance Commissioners (NAIC) in New York City oversees monitoring of major asset classes, conducts qualitative and quantitative investment analysis, and prepares comprehensive reports for regulators. This full-time hybrid role requires proximity to NYC and licensing within 100 miles.

Candidates should have a Finance/Economics degree with several years of credit/portfolio analysis experience; CFA or MBA is preferred.

Qualifications

• Bachelor’s degree in Finance, Economics or equivalent is required.
• Master’s degree and/or CFA preferred.
• Related experience of 5+ years in credit/portfolio analysis, asset management or equivalent.

Responsibilities

• Demonstrate understanding of portfolio construction, management, analysis and risk management.
• Analyze credit and market risks, liquidity and volatility within insurer portfolios.
• Prepare Investment Analysis Reports for state insurance departments.
• Write database queries and analyze data for investment insights.
• Present research to NAIC staff and state regulators on investment risks and merits.

Education

Bachelor's degree in Finance or Economics or equivalent

Master’s degree (M.A., M.B.A.) or CFA preferred

Tools

SQL

Tableau

Excel

PowerPoint

Job description

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.

Systems & Technology Requirements

• 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

$110,000- $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.

Company Overview

The National Association of Insurance Commissioners (NAIC) is a member-focused, non-profit Association supporting state insurance commissioners, and their departments, to effectively regulate the insurance industry and protect consumers. Headquartered in Kansas City, New York, and Washington DC, our 150-year-old Association offers the coordination of expertise in policy and regulation among state departments, data and technology, financial regulatory support, training and education, and resources for ongoing collaboration among the states and jurisdictions.

Diversity Statement

Our member-driven Association supports the dynamic and diverse needs of state regulatory agencies and the consumers of insurance products and services. Through our ongoing commitment to Diversity, Equity, and Inclusion, we believe our employees provide a wide range of experience and expertise to generate better ideas and solve complex problems consumers and our members face as insurance products and regulations evolve over time.

Guiding Principles

• We put customers first
• We are committed to continuous improvement
• We succeed by working together
• We do what it takes to get the job done
• We communicate often
• We treat colleagues with respect and honesty

Equal Opportunity Employer

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.

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