Healthcare Investment Analyst (Life Sciences/Med-Tech, 7+ years of experience required)

T. Rowe Price; Baltimore (MD); Hybrid; USD 175,000 - 275,000; Full time

Benefits offered by this job

Competitive compensation

Annual bonus eligibility

Generous retirement plan

Health and wellness benefits

Paid time off for vacation

Family care resources

Job summary

A leading global asset management firm is seeking an Analyst in the Healthcare sector to perform fundamental analysis, develop investment recommendations, and mentor junior staff. Candidates should have 7-8+ years of experience in Healthcare Services investing, strong quantitative and writing skills, and the ability to thrive in high-pressure environments. The role allows for hybrid work, providing flexibility to balance personal and professional commitments.

Qualifications

• 7-8+ years experience in Healthcare Services sector investing.
• Strong quantitative and writing skills.
• Judgment and maturity in high-pressure situations.

Responsibilities

• Conduct primary research and due diligence on companies.
• Make stock recommendations to Portfolio Managers.
• Articulate risk/reward trade-offs to Portfolio Managers.

Skills

Healthcare Services investing expertise

Quantitative skills

Writing skills

Passion for investing

Judgment in stressful situations

Competitive nature

Interest in stocks

Job description

Overview

At T. Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, and multi-asset capabilities to individuals, advisors, institutions, and retirement plan sponsors. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident.

We believe doing the right thing for our clients and our associates is good business. With a career at the firm, you can expect opportunities to create real impact at work and in your community. You’ll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, you’ll find a collaborative culture that respects and values differences and colleagues who share a spirit of generosity. Join us for the opportunity to grow and make a difference in ways that matter to you.

Role Summary

Perform fundamental analysis of the sector to identify the key trends and the best-positioned companies in the Healthcare sector, specifically life-sciences, tools, and med-tech industries. In addition to developing and communicating investment recommendations within the firm, the ideal candidate will provide thought-leadership about healthcare trends and mentorship to more junior members of the healthcare investment team.

Responsibilities

• Conducts primary research on companies and industry by researching, reading financial statements & market data, interviewing management teams, meetings, and visiting companies in order to gain a deep understanding of companies within the sector. This due diligence will help support an Analyst’s recommendations for buying/selling specific stocks.
• Makes recommendations to Portfolio Managers to buy/sell specific stocks that the Analyst feels will positively impact the performance of the portfolio. This requires good judgment on the part of the Analyst.
• Positions ideas and convinces Portfolio Managers to act on a recommendation to buy/sell a stock. This requires the Analyst to articulate to the Portfolio Manager the risk/reward payoff of the recommendation.
• Effectively follows up with the Portfolio Manager once they have executed on a recommendation made by the Analyst. This requires the Analyst to provide constant feedback on all meaningful changes in the “story” of the stock to the Portfolio Manager to ensure they have adequate information to make future decisions on the stock.

Qualifications

Required:

• At least 7-8+ years of experience investing in Healthcare Services sector
• Academic excellence
• Passion for investing
• Level of maturity and judgment which gives confidence in stressful situations
• Competitive nature
• Strong interest in stocks
• Strong quantitative skills
• Strong writing skills

Preferred:

• Ability to evaluate and cover both public and private companies preferred

FINRA Requirements

FINRA licenses are not required and will not be supported for this role.

Work Flexibility

This role is eligible for hybrid work, with up to one day per week from home.

Base Salary Ranges

Please review the job posting for the location of this specific opportunity.

$175,000.00-$275,000.00 for the location of: Maryland, Colorado, Washington and remote workers

$175,000.00-$275,000.00 for the location of: Washington, D.C.

$175,000.00-$275,000.00 for the location of: New York, California

Placement within the range provided above is based on the individual’s relevant experience and skills for the role. Base salary is only one component of our total compensation package. Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.

Commitment to Diversity, Equity, and Inclusion

At T. Rowe Price, our associates are our greatest asset. We thrive because our company culture is built on inclusion and because we sustain a work environment where associates can bring their best selves to work every day. The backgrounds, talents, and experiences of our global associates allow us to embrace new ideas and perspectives that move our business priorities forward and enable us to deliver strong client outcomes. Here, you can expect equal opportunity and fair and consistent treatment for all.

Benefits

We value your goals and needs, at work and in life. As an associate, you’ll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you.

Featured Employee Benefits To Enrich Your Life

• Competitive compensation
• Annual bonus eligibility
• A generous retirement plan
• Hybrid work schedule
• Health and wellness benefits, including online therapy
• Paid time off for vacation, illness, medical appointments, and volunteering days
• Family care resources, including fertility and adoption benefits

Learn More About Our Benefits.

T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race. We believe our continued success depends upon the equal treatment of all associates and applicants for employment without discrimination on the basis of race, religion, creed, color, national origin, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by country, federal, state, or local law.