Investment Analyst Development Program

Travelers Canada; Saint Paul (MN); On-site; USD 82,000 - 135,000; Full time

Benefits offered by this job

Health Insurance

401(k) Matching

Paid Time Off

Wellness Program

Volunteer Program

Job summary

Travelers in Minnesota invites applicants to join a two-year Investment Analyst program in the Investments category. Participants will explore fixed-income markets with two tracks—Credit and Quantitative—performing research, analytics, and portfolio support. Authorization to work in the U.S. is required; Visa sponsorship is not provided.

The program emphasizes project work, learning on the job, and exposure to portfolio managers while developing core investment skills and teamwork.

Qualifications

• Team experience and internship or other practical work experience are required.
• Candidates should demonstrate initiative, leadership potential, versatility, follow-through, sound analytical thinking, strong written and verbal communication skills, and the ability to deliver high-quality work.
• SUGGESTED MAJORS: Credit Track: Finance/Accounting, Economics, Political Science, Liberal Arts Quantitative Track: Science, Mathematics, Engineering, Computer Science

Responsibilities

• Credit Track: evaluate securities, sectors and asset classes in credit research.
• Quantitative Track: develop and use models and analytics for portfolio performance and risk.

Skills

Team experience

Internship experience

Initiative

Leadership potential

Versatility

Analytical thinking

Strong communication

Education

Bachelor's Degree (GPA 3.5+)

Job description

Who Are We?

Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Job Category

Investments

Compensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary Range $81,500.00 - $134,500.00

Target Openings 4

What Is the Opportunity?

Develops the skills, through independent and on-the-job training, to become an investment analyst. This two-year program introduces people who have an interest and aptitude for the investment management industry to all aspects of fixed-income capital markets. The position will provide meaningful, challenging work opportunities in various areas of the fixed income department. The program is designed to emphasize one of two tracks - Credit or Quantitative - and involves both project-oriented and recurring assignments in support of fixed income analysts and portfolio managers. Applicants must be authorized to work for ANY employer in the U.S. The company does not sponsor/support H-1B petitions, TN, or Forms I-983/STEM OPT, for this role.

What Will You Do?

Job duties will vary based on market conditions and department needs, with responsibilities expanding progressively as appropriate.

CREDIT TRACK

Credit Research Associate Analysts play an active role in evaluating new and existing securities, sectors and asset classes. Core responsibilities include:

• Monitoring news and externally generated research pertinent to existing and potential securities holdings and communicating this information in a timely and effective manner.


• Presentation of historical and pro forma financial statement results and associated credit analysis ratios.


• Utilizing analytics software and databases to develop or refine tools and models used in credit, securities and portfolio analysis process.


• Preparation of reports designed to track deal flow or identify credit or portfolio performance trends.


• Fundamental credit, sector and asset class research.


• Engaging with issuer representatives, sell-side analysts and rating agency professionals through in-person meetings, telephonic discussions, and webcasts.


• Presenting investment, portfolio and/or sector analysis in formal and ad-hoc meeting formats.


• Perform other duties as assigned.

QUANTITATIVE TRACK

Quantitative Research Associate Analysts play an active role in the use and development of models and processes for analyzing portfolio performance and risk. Core responsibilities include:

• Utilizing modeling software, analytical tools, databases and other decision aids in support of recurring and ad-hoc portfolio, transaction, and credit analysis needs.


• Performing return attribution analysis and evaluating the results.


• Designing and building enhanced analytics for modeling fixed income securities.


• Participating in the development and implementation of new tools, models and reports to support the portfolio management process.


• Preparing reports designed to identify and monitor risk or aid in the analysis of portfolios, transactions, sectors or credits.


• Assisting in the maintenance of the treasury futures portfolio.


• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

Team experience and internship or other practical work experience are required. Candidates should demonstrate initiative, leadership potential, versatility, follow-through, sound analytical thinking, strong written and verbal communication skills, and the ability to deliver high-quality work.

SUGGESTED MAJORS: Credit Track: Finance/Accounting, Economics, Political Science, Liberal Arts Quantitative Track: Science, Mathematics, Engineering, Computer Science

What is a Must Have?

Bachelor's Degree with minimum GPA of 3.5.

What Is in It for You?

Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.

Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.

Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.

Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.

Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.

Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions. If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

Benefits Information

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.

Travelers has more than 30,000 employees in the United States, Canada, the United Kingdom, and Ireland.

Explore life at Travelers . Open to all employees, our 10 Diversity Networks celebrate culture and communities and create spaces for all employees through powerful forums for dialogue and support. Discover diversity and inclusion. Employees and their eligible family members – including spouses, domestic partners and children – are eligible for coverage from the first day of employment. Explore benefits . Travelers has been recognized by organizations such as G.I. Jobs and Military Times. Read more about recognition. Our employees are valuable assets to their hometowns, volunteering for important causes each year. Learn about community involvement. Imagine other opportunities here.