Investment Analyst

Blue Cross & Blue Shield of Minnesota; Eagan (MN); Hybrid; USD 79,000 - 131,000; Full time

Benefits offered by this job

Health insurance

401k

PTO

Job summary

Blue Cross and Blue Shield of Minnesota is seeking an Investment Analyst to support enterprise portfolios, build models, assess risks, and deliver insights. The role involves research, analytics, and collaboration with investment stakeholders.

This hybrid position in Minnesota reports to the Investment Director and requires 3+ years of finance experience and a Bachelor's degree. Competitive pay and comprehensive benefits are offered.

Qualifications

• 3+ years of related finance professional experience.
• Bachelor’s degree; in lieu of a degree, an additional two years of relevant experience beyond the qualifications listed above may be accepted.

Responsibilities

• Conduct investment, industry, market, and company research to support investment decisions, due diligence activities, and special projects.
• Develop financial models, analytics, KPI reporting, forecasts, and performance analysis to provide insights on investment results, risks, and business performance.
• Support investment management and risk monitoring processes by preparing reports, ensuring compliance with policies and controls, and maintaining relationships with key investment stakeholders.

Skills

Industry knowledge

Financial analysis

KPI reporting

Communication skills

Research skills

Bloomberg

Education

Bachelor's degree

Tools

Bloomberg Analytics

FactSet

Kyriba (TMS)

Job description

About Blue Cross and Blue Shield of Minnesota

At Blue Cross and Blue Shield of Minnesota, we are committed to paving the way for everyone to achieve their healthiest life. We are looking for dedicated and motivated individuals who share our vision of transforming healthcare. As a Blue Cross associate, you are joining a culture that is built on values of succeeding together, finding a better way, and doing the right thing. If you are ready to make a difference, join us.

The Impact You Will Have

The Investment Analyst will support all aspects of enterprise investment portfolios. This includes but is not limited to strategic asset allocation recommendations, assessment of financial markets, investment performance management, development of investment strategies, liquidity management across the enterprise, assessment of investment risks, development of investment risks analysis and models, and development of investment board-related content. The Investment Analyst will work on multiple simultaneous projects at any given time. This Investment Analyst will report directly to the Investment Director.

What You’ll Do

• Conduct investment, industry, market, and company research to support investment decisions, due diligence activities, and special projects.
• Develop financial models, analytics, KPI reporting, forecasts, and performance analysis to provide insights on investment results, risks, and business performance.
• Support investment management and risk monitoring processes by preparing reports, ensuring compliance with policies and controls, and maintaining relationships with key investment stakeholders.

How You’ll Do It

• Assist with industry, market, and company research.
• Assist with commentary on performance results, including the impact of market factors and other drivers.
• Assist with financial, analytical, and project management support for financial and operational due diligence processes.
• Assist with the development of models, analytics, peer comparisons, management reporting, and key performance indicators (KPIs).
• Participate in and assist with the preparation of monthly, quarterly, and annual reports, including budget/forecasting cycles.
• Support investment management decision-making and compliance with investment policies.
• Support the development of risk models and daily risk monitoring through operational and systematic controls and reports.
• Adhere to conducting work through development and approved policies, processes, and controls to ensure compliance and to mitigate risks for the organization.
• Establish, develop, and maintain effective relationships with an investment contact network to maximize the flow of information and enhance the research process.
• Provide research and decision support related to special projects as needed.
• Performs additional responsibilities consistent with the scope and level of the role, as assigned.

Required Skills & Experience

• 3+ years of related finance professional experience.
• Bachelor’s degree; in lieu of a degree, an additional two years of relevant experience beyond the qualifications listed above may be accepted.

Preferred Skills & Experience

• Ability to tailor communication to varied audiences, actively listen to uncover requirements, and ensure accurate and timely information exchange.
• Ability to analyze information, identify patterns and root causes, and collaborate with partners to implement practical solutions.
• Ability to effectively organize work, balance competing priorities, and manage time across multiple responsibilities and deadlines.
• Demonstrated knowledge in financial industry and insurance industry (i.e., health, captive, and/or life).
• Knowledge of financial markets, treasury, investments, risk management.
• Knowledge of financial markets, enterprise treasury, investments and risk management.
• Knowledge of NAIC, SEC, and IRS rules and regulations.
• Experience with Bloomberg Analytics, FactSet, and TMS systems (i.e., Kyriba).

Role Designation

Hybrid

Anchored in Connection

Our hybrid approach is designed to balance flexibility with meaningful in-person connection and collaboration. We come together in the office two days each week - most teams designate at least one anchor day to ensure team interaction. These in-person moments foster relationships, creativity, and alignment. The rest of the week you are empowered to work remote.

Compensation and Benefits

Pay Range: $79,100.00 - $104,800.00 - $130,500.00 Annual

Pay is based on several factors which vary based on position, including skills, ability, and knowledge the selected individual is bringing to the specific job.

• Medical, dental, and vision insurance
• Life insurance
• 401k
• Paid Time Off (PTO)
• Volunteer Paid Time Off (VPTO)
• And more

To discover more about what we have to offer, please review our benefits page.

Equal Employment Opportunity Statement

At Blue Cross and Blue Shield of Minnesota, we are committed to paving the way for everyone to achieve their healthiest life. Blue Cross of Minnesota is an Equal Opportunity Employer and maintains an Affiantive Action plan, as required by Minnesota law applicable to state contractors. All qualified applications will receive consideration for employment without regard to, and will not be discriminated against based on any legally protected characteristic.

Individuals with a disability who need a reasonable accommodation in order to apply, please contact us at: [e-mail].

Blue Cross and Blue Shield of Minnesota and Blue Plus are nonprofit independent licensees of the Blue Cross and Blue Shield Association.

Physical Requirements