Penn Mutual Life Insurance Company
Senior Corporate Credit Analyst and Investment Analyst
Penn Mutual Life Insurance Company, Conshohocken, Pennsylvania, us, 19429
Job Description:
This Senior Corporate Credit Analyst and Investment Analyst is an integral member of the PMAM team and has a strong understanding of financial markets and provides significant input into decision making by presenting opinions and influencing investment decisions. The position will mentor more junior analysts on the team and may supervise interns. The position may focus on one or more of the following areas: Credit Research/Trading
We've embraced a flexible, hybrid approach to work. Based on your role and personal preference, we empower you to choose where you work best. This model allows you to balance your life and bring your whole self to work.
ResponsibilitiesResponsible for credit research and trading in assigned sectors covering investment-grade and high-yield corporate securitiesProvide forward-looking credit opinions on securities and sectors with a focus on relative value and best risk-adjusted returnsPresent investment ideas to the team in both formal and informal environmentsDevelop financial models supported by due diligence and industry researchAnalyze covenants, corporate structures, and capital structuresPrepare recovery analysisAutomate investment reports/analysis for better information flow and sharingWork closely with portfolio managers to understand each portfolio's risk profile and how it evolves with investment/business decisionsBuild strong relationships with dealers and other market participantsRemain current with market trends and generate ideasTrade efficiently and accuratelyHigh involvement in management of the general account and mutual funds; work with team members to improve the portfolio risk profileRequired Skills
•Proven analytical, decision-making and problem-solving skills
•Excellent oral, written communication and presentation skills
•Ability to work collaboratively in a team environment
•Strong decision making skills
•The ability to effectively influence others
•The ability to work in a fast paced high energy environment
•Experience working in a trading floor environment and ability to deal with distractions and handle multiple tasks simultaneously
•Knowledge of Derivative Solutions and Bloomberg required
For Quantitative Analysis, Derivative Trading and ALM specialties:
•Strong quantitative background
•Good knowledge of SQL, VBA for Excel
•In depth understanding of modeling techniques such as: Monte Carlo simulation, sensitivity analysis, historical analysis and risk analytics
Required Experience
Education
Bachelor's Degree in Finance and/or Economics, MBA/CFA is a plus
Experience
5+ years experience in a similar role
Base Salary: $150,000 - $175,00
For over 175 years, Penn Mutual has empowered individuals, families and businesses on the journey to achieve their financial goals. Through our partnership with Financial Professionals across the U.S., we help instill the confidence and reliability that comes from a stronger financial future. Penn Mutual and its affiliates offer a comprehensive suite of competitive products and services to meet the unique needs of Financial Professionals and their clients, including life insurance, annuities, wealth management and institutional asset management. To learn more, including current financial strength ratings, visit www.pennmutual.com.
Penn Mutual is committed to Equal Employment Opportunity (EEO). We provide employment and advancement opportunities to all qualified applicants and associates, according to applicable laws. This is reflected in our practices for hiring, placement, promotion, transfer, demotion, layoff, termination, recruitment, compensation, selection or training, and all other terms and conditions of employment. All employment-related decisions and practices are free from unlawful discrimination. This includes: race, creed, color, national origin, ancestry, citizenship age, gender (including pregnancy), sexual orientation, gender identity or expression, domestic partnership or civil union status, marital status, genetic information, disability, religious observance or practice, liability, veteran status or any other classification protected under applicable law.
This Senior Corporate Credit Analyst and Investment Analyst is an integral member of the PMAM team and has a strong understanding of financial markets and provides significant input into decision making by presenting opinions and influencing investment decisions. The position will mentor more junior analysts on the team and may supervise interns. The position may focus on one or more of the following areas: Credit Research/Trading
We've embraced a flexible, hybrid approach to work. Based on your role and personal preference, we empower you to choose where you work best. This model allows you to balance your life and bring your whole self to work.
ResponsibilitiesResponsible for credit research and trading in assigned sectors covering investment-grade and high-yield corporate securitiesProvide forward-looking credit opinions on securities and sectors with a focus on relative value and best risk-adjusted returnsPresent investment ideas to the team in both formal and informal environmentsDevelop financial models supported by due diligence and industry researchAnalyze covenants, corporate structures, and capital structuresPrepare recovery analysisAutomate investment reports/analysis for better information flow and sharingWork closely with portfolio managers to understand each portfolio's risk profile and how it evolves with investment/business decisionsBuild strong relationships with dealers and other market participantsRemain current with market trends and generate ideasTrade efficiently and accuratelyHigh involvement in management of the general account and mutual funds; work with team members to improve the portfolio risk profileRequired Skills
•Proven analytical, decision-making and problem-solving skills
•Excellent oral, written communication and presentation skills
•Ability to work collaboratively in a team environment
•Strong decision making skills
•The ability to effectively influence others
•The ability to work in a fast paced high energy environment
•Experience working in a trading floor environment and ability to deal with distractions and handle multiple tasks simultaneously
•Knowledge of Derivative Solutions and Bloomberg required
For Quantitative Analysis, Derivative Trading and ALM specialties:
•Strong quantitative background
•Good knowledge of SQL, VBA for Excel
•In depth understanding of modeling techniques such as: Monte Carlo simulation, sensitivity analysis, historical analysis and risk analytics
Required Experience
Education
Bachelor's Degree in Finance and/or Economics, MBA/CFA is a plus
Experience
5+ years experience in a similar role
Base Salary: $150,000 - $175,00
For over 175 years, Penn Mutual has empowered individuals, families and businesses on the journey to achieve their financial goals. Through our partnership with Financial Professionals across the U.S., we help instill the confidence and reliability that comes from a stronger financial future. Penn Mutual and its affiliates offer a comprehensive suite of competitive products and services to meet the unique needs of Financial Professionals and their clients, including life insurance, annuities, wealth management and institutional asset management. To learn more, including current financial strength ratings, visit www.pennmutual.com.
Penn Mutual is committed to Equal Employment Opportunity (EEO). We provide employment and advancement opportunities to all qualified applicants and associates, according to applicable laws. This is reflected in our practices for hiring, placement, promotion, transfer, demotion, layoff, termination, recruitment, compensation, selection or training, and all other terms and conditions of employment. All employment-related decisions and practices are free from unlawful discrimination. This includes: race, creed, color, national origin, ancestry, citizenship age, gender (including pregnancy), sexual orientation, gender identity or expression, domestic partnership or civil union status, marital status, genetic information, disability, religious observance or practice, liability, veteran status or any other classification protected under applicable law.