Investment Analyst - Equity Research

Fm; Boston (MA); On-site; USD 90,000 - 130,000; Full time

Job summary

FM, a leading mutual insurance company, seeks an equity research professional to assist senior investment teams with qualitative and quantitative analysis.

You will help evaluate macro, industry, and company-specific factors, develop financial analyses, and contribute to ad‑hoc projects. Strong communication and programming skills are essential in a fast-paced environment.

Qualifications

• Bachelor’s degree required.
• Master’s degree preferred.
• CFA designation encouraged.
• 2+ years in equity research/investment analysis.
• Strong Excel, financial modeling, and programming skills.
• Foundational knowledge in accounting, economics, and financial markets.
• Strong written and verbal communication; teamwork oriented.
• Experience with Bloomberg, FactSet, or similar systems.
• Ability to apply qualitative and quantitative thinking to assess risk and return.

Responsibilities

• Support senior investment team with qualitative and quantitative analysis of investment opportunities.
• Assist with research related to portfolio holdings: macro conditions, industry trends, company factors.
• Develop analyses and recommendations considering relevant risk factors and financial evaluation.
• Contribute to ad-hoc projects to support business priorities.
• Communicate findings through written summaries and verbal discussions in meetings.
• Attend industry conferences to broaden knowledge and investment perspective.

Skills

Excel

Financial modeling

Programming

Communication

Bloomberg/FactSet

Quantitative thinking

Education

Bachelor's degree

Master's degree

CFA

Tools

Bloomberg

FactSet

Job description

Established nearly two centuries ago, FM is a leading mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of its policyholder-owners. These owners, who share the belief that the majority of property loss is preventable, represent many of the world’s largest organizations, including one of every four Fortune 500 companies. They work with FM to better understand the hazards that can impact their business continuity to make cost-effective risk management decisions, combining property loss prevention with insurance protection.

Summary

This role supports senior investment professionals by assisting with fundamental and/or quantitative research to help generate investment returns that exceed established benchmarks. The position will sit within the Equities. A small portion of the role will involve ad‑hoc projects, where the individual will collaborate with members of the investment team and the Chief Investment Officer (CIO).

Schedule & Location

This is a full-time office-based position in Boston, MA (Financial District). Flexibility to work from home 1 day a week.

Travel Requirements

Domestic Travel may be required, up to ~10% annually.

Responsibilities

• Support senior investment team members with qualitative and quantitative analysis of investment opportunities

• Assist with research related to existing and potential portfolio holdings, including:

• Macroeconomic conditions

• Industry and market trends

• Company‑specific factors such as financial results, management, strategy, and competitive positioning

• Help develop analysis and recommendations that consider:

• Relevant risk factors

• Financial modeling and evaluation

• Relative attractiveness versus other investment options

• Potential impact on current or proposed portfolio positioning

• Contribute to ad‑hoc projects as needed to support business priorities

• Clearly and effectively communicate findings and recommendations through:

• Written summaries and analysis

• Verbal discussion during team meetings

• Attend industry conferences and meetings to build knowledge and broaden investment perspective

Qualifications

Required Education

• Bachelor’s degree

Highly Preferred Education

• Master’s degree

• CFA (Chartered Financial Analyst)

Required Work Experience

• 2+ years of experience in equity research and investment analysis.

Highly Preferred Work Experience

• 3+ years of experience in equity research and investment analysis.

Required Skills

• Strong skills in Microsoft Excel, financial modeling, and programming

• Foundational knowledge of accounting, economics, and financial markets, with exposure to one or more asset classes

• Strong written and verbal communication skills, with the ability to collaborate effectively in a team environment

• Intellectual curiosity and self‑motivation, with an interest in working in a fast‑paced, competitive industry

• Experience with Bloomberg, FactSet, or similar investment research systems

• Ability to apply both qualitative and quantitative thinking to evaluate risk and return, even when information is incomplete

Highly Preferred Skills

• Previous experienced covering the Tech sector (semiconductors, software, hardware, etc.) in a buys side role

• Ability to distill industry dynamics and current emerging trends in the Tech sector

The final job title, grade, and salary offer will vary based on individual education, skills, and experience. The position is eligible to participate in FM’s comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.

FM is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.