Securities Analyst

EMC Insurance; Des Moines (IA); Hybrid; USD 59,000 - 66,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Life insurance

401(k) match

Pension plan

Bonus plan

Tuition reimbursement

Volunteer time off

Wellness program

Job summary

EMC Insurance is seeking a Securities Analyst to independently analyze creditworthiness, build financial models, and prepare research reports. You will support back-office operations, assist with statutory deposits, and help improve processes within the Investment Team.

The role offers flexibility with remote work a few days per week and opportunities for professional growth through tuition reimbursement and a strong benefits package.

Qualifications

• Bachelor’s degree in Finance, Economics, or related field.
• 3 years with Bloomberg or equivalent; investment research; monitoring equity, security, debt, and/or capital markets.
• 2 years performing financial modeling.

Responsibilities

• Analyze creditworthiness of existing holdings and identify new investment opportunities.
• Build and maintain financial models and prepare research reports.
• Support back-office operations including cash transaction reporting and trade settlement.
• Collaborate with Insurance operations on Statutory Deposit requests and process improvements.
• Lead economic update process and develop economic models; assess indicators and market trends.
• Assist Investment Team with quarterly and ad-hoc reporting and meeting materials.

Skills

Investment research

Equity/credit/financial markets

Financial modeling

Education

Bachelor's degree in Finance or Economics

Tools

Bloomberg Terminal

Job description

Job Title: Securities Analyst #LI-DNP #LI-DNI

Job Duties

Independently analyze creditworthiness of existing holdings and identify new investment opportunities within assigned sectors. Build and maintain financial models and prepare research reports. Conduct investment back-office operations including cash transaction reporting (monitoring for capital calls, wire requests, tender offers, etc.), assistance with trade execution and settlement process, and working with Insurance operations on Statutory Deposit requests. Identify and implement enhancements to operations processes to improve overall accuracy and efficiency. Lead economic update process and discussion on current economic trends, including building and maintaining economic models, evaluating additional improvements and indicators. Identify ways to enhance portfolio yield and reduce risk. Assist Investment Team with quarterly and ad-hoc reporting and presentation requests, feedback on meeting minutes, and reviews of existing and prospective third-party managers.

Option to work from home a few days per week.

Education and Experience Requirements

Bachelor’s degree or foreign equivalent in Finance, Business, Economics, or related field.

• 3 years with the following: Bloomberg or equivalent; performing investment research; and monitoring equity, security, debt, and/or capital markets.
• 2 years performing financial modeling.

Work Wage: 39 hours per week; Wage range between $42.49 to 47.67/hour.

Benefits

• Outstanding benefits with life, medical, dental, vision and prescription drug coverage
• Competitive paid time off plan and a full day of volunteer time off annually
• Financial incentives, including a 401(k) plan match, pension plan, OneEMC bonus plan and recognition and anniversary awards
• Professional development and growth opportunities, including tuition reimbursement
• Wellness initiatives to improve team member well-being and reduce health insurance costs
• Flexibility to dress for your day and opportunities for alternative work arrangements

Why should you choose to apply for a position at EMC?

We can give you plenty of reasons why EMC is a great place to work: More than 105 years of financial strength and stability Named a five-star insurance carrier by Insurance Business America Two-time recipient of the Best Practices Award of Excellence from the Independent Agents & Brokers of America Multiple locations recognized as Top Workplaces based solely on team member feedback Corporate culture that engages and empowers team members to achieve their best Outstanding benefits with life, medical, dental, vision and prescription drug coverage Competitive paid time off plan and a full day of volunteer time off annually Financial incentives, including a 401(k) plan match, pension plan, OneEMC bonus plan and recognition and anniversary awards Professional development and growth opportunities, including tuition reimbursement Wellness initiatives to improve team member well-being and reduce health insurance costs Flexibility to dress for your day and opportunities for alternative work arrangements EMC complies with labor law requirements. View the federal and e-verify labor law posters. Notice at Collection Privacy Policy (EMCC) – California Consumer Privacy Notice (EMCNL) – California Consumer Privacy Notice