Investment Portfolio Manager

Mykelly; Louisville (KY); Hybrid; USD 139,000 - 181,000; Full time

Job summary

Mykelly in Louisville, KY seeks an Investment Portfolio Manager to lead development and execution of investment strategies for the general account and subsidiaries. You will manage portfolios, analyze fixed income and other assets, monitor performance and compliance, and present complex financial information to senior leadership.

The role requires CFA progress or charter, 8+ years in portfolio management, and strong analytical skills.

Qualifications

• 8+ years portfolio management experience in finance/insurance environment.
• Fixed income expertise required; experience with other asset classes preferred.
• CFA charterholder or progress toward CFA completion preferred.
• Strong understanding of risk-controlled asset allocation, cash flow analysis, and performance measurement.

Responsibilities

• Develop investment strategy in collaboration with the investment team and leadership.
• Manage assigned portfolios in line with policies and regulatory requirements.
• Monitor performance, assess risks, and identify opportunities to improve returns.
• Evaluate opportunities across fixed income, equities, and alternatives.
• Participate in research and sourcing of alternative investments; support tax considerations.

Skills

Portfolio analysis

Risk management

Investment research

Communication skills

Team collaboration

CFA candidate

Education

Bachelor’s degree in accounting, finance, economics, or related field

Advanced degree preferred

Tools

Bloomberg

PORT

Clearwater

Job description

Investment Portfolio Manager

Reports To: Director, Accounting & Taxes
Department: Accounting & Finance
Job Status: Exempt
Annual Salary Range: $139,000–$181,000
Work Arrangement: Hybrid, with remote work on Mondays and Fridays

JOB SUMMARY

Our client is a well-established, Kentucky-based insurance organization committed to financial stability and responsible risk management. The Investment Portfolio Manager contributes to the development and execution of investment strategies for the Company’s general account and, as needed, subsidiary portfolios. This position researches and evaluates investment opportunities, manages assigned portfolios, monitors performance and regulatory compliance, and supports investment decisions that align with the Company’s financial objectives and investment policy. The ideal candidate brings broad investment experience, strong analytical skills, and the ability to collaborate effectively with investment colleagues and present complex financial information. Fixed income expertise is required, while experience in additional asset classes and the insurance industry is preferred.

ESSENTIAL FUNCTIONS

• Contribute to investment strategy development in collaboration with the Director of Accounting & Taxes, Vice President of Accounting & Finance, and investment team, considering the Company’s tax position, investment policy, risk tolerance, and applicable regulatory requirements.
• Research investment opportunities and manage assigned portfolios in accordance with Company policies, investment objectives, and regulatory requirements.
• Monitor portfolio performance, evaluate investment risks, and identify opportunities to improve returns and portfolio management processes.
• Evaluate investment opportunities across fixed income and other asset classes, including equities and alternative investments.
• Participate in the research, sourcing, allocation, and monitoring of alternative investments, including private equity.
• Monitor applicable financial regulations, including NAIC and Kentucky Department of Insurance requirements, and maintain compliance with internal policies.
• Maintain working knowledge of the Company’s tax model and applicable tax laws to support investment strategies that maximize after-tax results.
• Document investment purchases and sales and contribute to timely, accurate reporting for the Board of Directors and other stakeholders.
• Assist in developing economic forecasts and evaluating interest rate changes and their potential impact on portfolio performance and investment strategy.
• Develop and maintain investment performance analytics, income forecasts, and budget-to-actual reporting.
• Maintain brokerage relationships and seek best execution for investment transactions.
• Participate in Multi-Asset Strategy and Allocation meetings, Alternative Asset Review and Selection meetings, and Enterprise Risk Management activities.
• Collaborate with other portfolio managers to support investment research, share expertise, and maintain business continuity across the investment function.
• Provide backup support to other investment team members as needed.
• Adhere to applicable professional ethical standards, including the CFA Institute Code of Ethics and Standards of Professional Conduct, as applicable.
• Perform other duties as assigned. Essential functions may be supplemented as necessary.
• Maintain regular, predictable attendance and follow the Company’s hybrid work schedule.

QUALIFICATIONS

• Bachelor’s degree in accounting, finance, economics, or a related field required; advanced degree preferred.
• Minimum of eight years of relevant professional experience, including experience contributing to portfolio management and investment strategy development, preferably in insurance, banking, or a comparable corporate environment.
• Fixed income investment expertise required; experience across additional asset classes, including equities and alternative investments, is preferred.
• CFA charterholder or progress toward CFA completion preferred.
• Strong understanding of risk-controlled asset allocation, cash flow analysis, portfolio construction, investment research, and performance measurement.
• Knowledge of financial markets, modern portfolio theory, accounting principles, and investment-related financial concepts.
• Understanding of investment regulations, tax considerations, and financial controls, or the ability to develop the necessary knowledge.
• Proficiency with investment analytics systems such as Bloomberg, PORT, and Clearwater, with the ability to learn new systems as needed.
• Experience with capital markets, cash markets, or both is highly desirable.
• Strong analytical, organizational, and problem-solving skills, with the ability to manage multiple priorities and meet deadlines.
• Excellent written and verbal communication skills, including the ability to present investment findings and explain complex financial information.
• High level of self-motivation, integrity, and sound investment judgment, with the ability to collaborate effectively with colleagues and external partners.
• Commitment to the Company’s investment policy, professional standards, and Guiding Principles.
• Knowledge of property and casualty insurance products, operations, and systems preferred.

COMPENSATION AND WORK ARRANGEMENT

• Annual Base Salary: $139,000–$181,000, commensurate with qualifications and experience.
• Bonus Eligibility: Eligible to participate in the Company’s company-wide bonus program; no individual performance bonus.
• Hybrid Schedule: On-site Tuesday through Thursday, with the option to work remotely on Mondays and Fridays, consistent with Company policy.

Interviews are happening now!