Sr. Insurance Investments Analyst

Farmers Group Inc.; Los Angeles (CA); On-site; USD 102,000 - 174,000; Full time

Benefits offered by this job

401(k)

Medical

Vision

HSA/FSA

Bonus Opportunity

Job summary

Farmers Group Inc. in Woodland Hills, CA, seeks a Sr.

Insurance Investments Analyst to design and implement the investment strategy across Farmers’ balance sheets and pension assets, emphasizing superior returns, sound risk management, and efficient portfolio construction. The role collaborates with the Head of Insurance Investments, CIO, and internal teams (Accounting, Treasury, Tax) to manage SAA, oversee a multi-asset platform, ensure regulatory compliance, and communicate results to senior

Qualifications

• Strong quantitative and analytical capabilities within investment research or portfolio management.
• Experience with risk management and asset-liability management concepts.

Responsibilities

• Support Strategic Asset Allocation reviews and implementation across insurance and retirement portfolios.

Skills

Quantitative analysis

Analytical skills

Power BI

Python

SQL

Bloomberg

Microsoft Office

Communication skills

Education

Bachelor's in finance/economics/math/engineering

Master's degree (MBA or MS in Economics/Finance)

CFA preferred

Tools

Bloomberg Terminal

Power BI

Python

SQL

Microsoft Excel

Job description

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Sr. Insurance Investments Analyst

35894

We are Farmers – where ambition meets opportunity.

At Farmers, we’re not just known for unforgettable jingle – we’re a team with a passion for purpose and making a real difference in people’s lives. We deliver peace of mind when it matters most. Our results-driven, high-performance culture thrives on creativity, accountability and bold solutions. Here, growth isn’t just a goal – it’s a way of life for both the organization and every individual on our team. We tackle challenges head‑on, learn from every experience and measure our impact on the customers who trust us.

Join an award-winning, equal opportunity employer, where you’ll find more than a job – you’ll find a supportive community. Enjoy competitive benefits, take part in meaningful volunteer projects, and help shape the future alongside talented colleagues across all backgrounds. At Farmers, helping others is at the heart of what we do.

Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office. Applicants beyond fifty (50) miles may still be considered.

Job Summary

This position will support the Head of Insurance Investments and Chief Investment Officer in designing and implementing the investment strategy across Farmers' Exchanges, Farmers Re and Farmers Insurance Group balance sheets and pension assets. The focus is on achieving superior returns through efficient execution, sound risk management and optimal construction of portfolios and mandates.

Essential Job Functions

• Support Strategic Asset Allocation (SAA) reviews and implementation across insurance and retirement portfolios, ensuring alignment with liabilities, risk tolerance, and liquidity needs.
• Support oversight of the outsourced multi-asset manager platform, including strategy implementation, investment guideline maintenance, manager reviews and ad hoc portfolio analysis.
• Ensure regulatory and risk compliance, maintaining adherence to Farmers Risk Policy, state regulations, and internal control requirements
• Partner with internal teams, including Accounting, Treasury and Tax, to support investment operations and cash management.
• Support key investment accounting processes, including. impairment analysis, investment income planning, and expense planning.
• Contribute to committee communication packages and other presentations to senior management and other Farmers stakeholders
• Support the management of pension assets through disciplined SAA implementation, robust manager oversight, strong governance and controls, and support for strategic retirement plan initiatives

Education Requirements

• High school diploma or equivalent required. Bachelor's degree in finance, economics, mathematics or engineering preferred.
• Master's degree (MBA, Master of Science in Economics or Finance)
• Chartered Financial Analyst preferred.

Experience Requirements

Five years or more within an insurance investment department, asset management firm, or finance/banking institution Preference for background as investment analyst, financial/securities analyst, economist, investment strategist, or risk analyst

Special Skill Requirement

• Strong quantitative and analytical capabilities, with applications in investment research and/or portfolio management.
• Solid written and verbal communication skills, with the ability to develop relationships and communicate with internal and external parties.
• Proficient use of Microsoft Office Suite, Bloomberg and/or other portfolio management tools.
• Experience with Power BI, Python, SQL or similar analytical tools preferred
• Understanding of capital constraints, asset‑liability management (ALM), and insurance regulations
• Behavioral attributes: high-integrity team player; strong initiative; intellectual curiosity; self-starter; and commitment to Farmers strategic objectives.
• Farmers offers a competitive salary commensurate with experience, qualifications and location.
  o CA Only: $102,450 - $174,240
  o CO & ME:$96,075 - $150,260
  o HI/IL/MN/VT Only:$96,075 - $160,710
  o MA Only:$96,075 - $160,710
• o MD & VA:$96,075 - $160,710
  o DC/NJ/NY/OH Only: $96,075 - $174,240
  o Albany County, NY/Cleveland, OH: $102,450 - $150,260
  o WA Only: $96,075 - 182,625
• Bonus Opportunity (based on Company and Individual Performance)
• 401(k)
• Medical
• Vision
• Health Savings and Flexible Spending Accounts

Job Location(s): US - CA - Woodland Hills

Anticipated application deadline: At Farmers, the recruitment process is designed to ensure that we find the best talent to join our team. As part of this process, we typically close open positions within 8 to 21 days after posting. If you are interested in any of our open positions, we encourage you to submit your application promptly.

Farmers will consider for employment all qualified applicants, including those with criminal histories, in accordance with the Los Angeles Fair Chance Initiative for Hiring Ordinance or other applicable law. Pursuant to 18 U.S.C. Section 1033, Farmers is prohibited from employing any individual who has been convicted of any criminal felony involving dishonesty or a breach of trust without prior written consent from the state Department of Insurance.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Farmers is an Equal Opportunity Employer and does not discriminate in any employer/employee relations based on race, color, religion, gender, sexual orientation, gender expression, genetic information, national origin, age, disability, marital status, military and veteran's status, or any other basis protected by applicable discrimination laws.