Investment Analyst (Mid-Level)

USAA Life Insurance Company; San Antonio (TX); Hybrid; USD 85,000 - 163,000; Full time

Job summary

USAA Life Insurance Company is seeking a Mid-Level Investment Analyst to provide analytical and operational support across the investment management process. You will conduct portfolio research, asset allocation modeling, and benchmarking to support enterprise portfolios and forecasting.

In this role you will assist with risk and performance reporting, prepare investment presentations, and support compliance initiatives across USAA systems.

Qualifications

• Bachelor's degree or 4+ years of relevant education/experience in finance.
• 4 years of financial analysis experience in investment management or related financial services.
• Knowledge of fixed income, equity, and alternative asset classes.
• Proficient use of Microsoft Excel and other Microsoft products.

Responsibilities

• Conduct portfolio research and statistical analysis to support investment portfolios.
• Prepare reports and presentations on performance, risk, and attribution.
• Support audits, risk assessments, and control testing as part of compliance.
• Collaborate with stakeholders to onboard asset managers and coordinate data.

Skills

Financial analysis

Fixed income

Equities

Alternatives

Regulatory knowledge

Microsoft products

Education

Bachelor's degree

4 years of relevant education/experience

Tools

Aladdin

PAM

Bloomberg

Job description

Why USAA?

At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.

Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members. Be part of what truly makes us special and impactful.

We are proud to support active-duty military spouses. USAA roles may offer remote or hybrid flexibility for active-duty military spouses consistent with applicable policy and business needs.

The Opportunity

As a dedicated Investment Analyst (Mid-Level), you will provide analytical and operational support across the investment management process. You will conduct portfolio research and statistical analysis, including asset allocation modeling and benchmarking, to support enterprise investment portfolios and forecasting, planning, and reporting activities. You will also support Second and Third Line of Defense requests, including audits, Risk Control Self-Assessments (RCSAs), risk and control inventories, control testing, and key risk and performance indicator reporting. This role ensures investment analysis and reporting are accurate, timely, and aligned with stakeholder needs.

We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position can be based in one of the following locations: San Antonio, TX, or Charlotte, NC. Relocation assistance is not available for this position.

What you'll do:

• Applies proficient knowledge to conduct research and statistical analysis of USAA investment portfolios.
• Completes ad hoc and recurring analysis, research market trends and compiles data.
• Discusses concerns and makes recommendations on possible investment modifications.
• Prepares reports and presentations for investment portfolios that include portfolio performance, risk, and attribution.
• Prepares other ad hoc reporting as required by internal or external stakeholders and reconcile results consistent with fund/or strategy objectives.
• Participates in compliance initiatives to update new requirements on USAA technical systems and manage compliance templates to align with policy and regulatory constraints.
• Develops an understanding of the fixed income, alternatives and equity asset classes and shares knowledge with operations teams.
• Stays informed of industry initiatives and trends that may impact portfolio analytics.
• Applies proficient knowledge to assist team members with the onboarding of new asset managers, to include coordinating efforts with stakeholders.
• Collects data and provides support to team members in the preparation of investment presentations.
• Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

What you have:

• Bachelor's degree; OR 4 years of relevant education and/or experience.
• 4 years of experience in financial analysis within the investment industry or related financial services industry.
• Knowledge of fixed income, equity and/or alternative asset classes.
• Knowledge of applicable regulatory and compliance laws and regulations.
• Proficient knowledge of financial asset classes and investment management or investment operations processes.
• Proficient knowledge and use of Microsoft Products.

What sets you apart:

• US military experience gained through military service or gained as a military spouse / domestic partner.
• Familiarity with investment platforms (e.g., Aladdin, PAM, Bloomberg)
• Hands-on experience partnering with custodians, vendors, and external service providers, including issue resolution and performance oversight.
• Proficiency in data analysis, leveraging relational databases, to streamline processes and drive operational efficiency.

Compensation range: The salary range for this position is: $85,040 - $162,550 .

USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).

Compensation: USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location.

Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.

The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.

Benefits: At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wel