The Hartford
Senior Investment Analyst, Private Asset Based Lending
The Hartford, Hartford, Connecticut, us, 06112
Senior Investment Analyst, Private Asset Based Lending
We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.This role will have a Hybrid work arrangement, with the expectation of working in the Hartford, CT office 3 days a week (Tuesday through Thursday).About this role:
The Private Asset Based Lending (“ABL”) team provides asset-based financing to private equity funds, commercial lenders and other financial sponsors through structured credit facilities. Private ABL is part of HIMCO’s Alternative Investments group.The team primarily focuses on sourcing and underwriting credit facilities spanning across Direct Lending, Fund Finance and Commercial Finance. The investment strategy includes a wide array of financing and financial sponsor capital raising solutions which are suitable for HIMCO client investment portfolios.The Private ABL team is looking for a highly motivated Senior Investment Analyst to support the team in sourcing, underwriting and executing Private ABL credit facilities and other private credit investments. The candidate's responsibilities will include assisting in: investment due diligence, cash flow modeling, structuring and legal negotiation, portfolio management, client reporting, and internal policy development and refinement.In This Role, You WillSupport the development and execution of the Private ABL lending strategyAssist in transaction due diligence including evaluating fund documents, financial statements, deal structures and financial sponsor track recordsWrite investment committee memos and periodic transaction updates in partnership with deal team membersAssist in the negotiation of legal documentation with the support of internal counselMonitor and support the execution of facility amendments and other modificationsSupport the buildout and ongoing monitoring of the investment portfolio, including establishing industry trend reporting, deal specific analytics and regulatory updatesEstablish and maintain strong partnerships with internal stakeholders across HIMCO (including Insurance Portfolio Management, Risk Management and Operations)Collaborate with internal stakeholders to manage transaction booking, funding processes, asset valuations, and complianceAssist in the development of internal policies and proceduresFulfill ad hoc client requestsBe a leader in the Private ABL team, including driving a positive culture and team based approachRequired Qualifications:3+ years of investment management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educationDesired QualificationsStrong interest in investment management including originating and monitoring Direct Lending transactions, Fund Finance credit facilities and other asset-backed finance facilities is strongly preferredKnowledgeable of private capital (both credit and equity), Direct Lending, business development companies (“BDCs”), Fund Finance, and structured finance industries including key performance indicators, transaction structures, investment strategies, cash flows, performance metrics, and various product use casesStrong analytical skills with high attention to detail and accuracyExperience with financial modeling including cash flow forecasting in Microsoft ExcelExperience creating client presentations in Microsoft PowerPointAbility to manage a high-volume workload while maintaining excellence and consistency of workAbility to work effectively in a team environment, as well as independentlyExcellent verbal, written, and interpersonal communication skillsHigh level of personal motivation. Does more than what is asked for and anticipates questions/issuesAs a condition of your employment for HIMCO, you will be required to affirm to HIMCO’s Code of Ethics and understand that you will be required to comply with the disclosure of accounts, holdings and pre-clearance of trades for the accounts of you and your household family members as more fully described in the Code of Ethics Key Points.CompensationThe listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:$97,750 - $132,250Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
#J-18808-Ljbffr
We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.This role will have a Hybrid work arrangement, with the expectation of working in the Hartford, CT office 3 days a week (Tuesday through Thursday).About this role:
The Private Asset Based Lending (“ABL”) team provides asset-based financing to private equity funds, commercial lenders and other financial sponsors through structured credit facilities. Private ABL is part of HIMCO’s Alternative Investments group.The team primarily focuses on sourcing and underwriting credit facilities spanning across Direct Lending, Fund Finance and Commercial Finance. The investment strategy includes a wide array of financing and financial sponsor capital raising solutions which are suitable for HIMCO client investment portfolios.The Private ABL team is looking for a highly motivated Senior Investment Analyst to support the team in sourcing, underwriting and executing Private ABL credit facilities and other private credit investments. The candidate's responsibilities will include assisting in: investment due diligence, cash flow modeling, structuring and legal negotiation, portfolio management, client reporting, and internal policy development and refinement.In This Role, You WillSupport the development and execution of the Private ABL lending strategyAssist in transaction due diligence including evaluating fund documents, financial statements, deal structures and financial sponsor track recordsWrite investment committee memos and periodic transaction updates in partnership with deal team membersAssist in the negotiation of legal documentation with the support of internal counselMonitor and support the execution of facility amendments and other modificationsSupport the buildout and ongoing monitoring of the investment portfolio, including establishing industry trend reporting, deal specific analytics and regulatory updatesEstablish and maintain strong partnerships with internal stakeholders across HIMCO (including Insurance Portfolio Management, Risk Management and Operations)Collaborate with internal stakeholders to manage transaction booking, funding processes, asset valuations, and complianceAssist in the development of internal policies and proceduresFulfill ad hoc client requestsBe a leader in the Private ABL team, including driving a positive culture and team based approachRequired Qualifications:3+ years of investment management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educationDesired QualificationsStrong interest in investment management including originating and monitoring Direct Lending transactions, Fund Finance credit facilities and other asset-backed finance facilities is strongly preferredKnowledgeable of private capital (both credit and equity), Direct Lending, business development companies (“BDCs”), Fund Finance, and structured finance industries including key performance indicators, transaction structures, investment strategies, cash flows, performance metrics, and various product use casesStrong analytical skills with high attention to detail and accuracyExperience with financial modeling including cash flow forecasting in Microsoft ExcelExperience creating client presentations in Microsoft PowerPointAbility to manage a high-volume workload while maintaining excellence and consistency of workAbility to work effectively in a team environment, as well as independentlyExcellent verbal, written, and interpersonal communication skillsHigh level of personal motivation. Does more than what is asked for and anticipates questions/issuesAs a condition of your employment for HIMCO, you will be required to affirm to HIMCO’s Code of Ethics and understand that you will be required to comply with the disclosure of accounts, holdings and pre-clearance of trades for the accounts of you and your household family members as more fully described in the Code of Ethics Key Points.CompensationThe listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:$97,750 - $132,250Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
#J-18808-Ljbffr