Assistant Director, Investment Finance

Posted:
9/3/2024, 11:07:36 PM

Location(s):
Hartford, Connecticut, United States ⋅ Connecticut, United States

Experience Level(s):
Senior

Field(s):
Finance & Banking

AD Financial Analysis - FF07AE

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.   

         

An opportunity awaits to join a motivated and energetic team providing HIMCO management and key stakeholders throughout The Hartford with detail analysis and finance support for a ~$60 billion investment portfolio. 

The Assistant Director, Investment Finance will report directly to the AVP, Investment Finance and will play a key role in supporting various HIMCO & Finance strategic initiatives, overseeing the preparation of earnings packages, supporting our business partners, and driving enhancements as we advance analytic capabilities. This role includes interaction with portfolio management personnel, various sector managers, investor relations, and other teammates across the Finance department.

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).

Primary responsibilities include the following:

  • Analysis, monitoring, and reporting of investment results through updating and creation of internal monthly and quarterly management deliverables
  • Meaningfully contribute to the in-depth analysis of The Hartford’s net investment income (NII) and realized gains/(losses) and develop improved variance analysis
  • Oversee the preparation of HIMCO earnings material; responsible for the content outline and messaging, with input from HIMCO SLT members and shared with the Controller and Investor Relations
  • Provide valuable financial insights and management reporting, including designing new reporting based on customers’ evolving needs and providing support for ad-hoc analysis, partnering closely with HIMCO senior leaders and the CIO
  • Provide detailed analysis of investment sector metrics, including asset trends and trading activity, for the General Account portfolio, to better understand implications to NII and overall portfolio yield
  • Assist in creation of presentations and materials supporting senior leaders, Board & ALCO meetings, and other internal and client presentations
  • Assist in the production of monthly key performance indicators utilized by HIMCO ELT
  • Ability to react and respond to various ad hoc analyses related to the investment portfolio
  • Continuous improvement mindset supporting automation and enhanced analytics utilizing the TM1 Application and other platforms

Requirements:

The successful candidate must have strong technical and analytic skills, solid understanding of capital markets and business drivers, as well as the ability to develop materials on complex investment topics. Candidate must be highly motivated, inquisitive, and able to work in a team environment.

  • Bachelor's degree in finance or accounting preferred (but not required), ~5 years of progressive experience, preferably in a related investment/finance profession
  • Solid knowledge of capital markets with a desire to continue learning in a rapidly changing environment
  • Proactive individual with well-developed communication skills and strong attention to detail
  • Ability to successfully balance multiple competing priorities with a proven ability to solve problems, both independently and collaboratively in a team environment
  • Proficiency with MS Excel, MS Word, and MS PowerPoint; utilization of applications such as TM1, Bloomberg and/or SNL a plus

Join HIMCO Investment Operations?

This is a great opportunity to join a growing investment management company with affiliate and 3rd party assets under management.  In Investment Operations you will gain exposure to various sectors, portfolio management, trading, legal, compliance, accounting and IT which are comprised outside of Business Operations through day-to-day process interaction, project work, stretch assignments and critical problem solving.  In addition, you will gain knowledge of various types of fixed income, equity, derivative and alternative assets with varying degrees of complexity.  This position will provide the candidate with opportunity for upward growth opportunities.

About HIMCO

Hartford Investment Management Company (HIMCO) has been providing investment advice for over 35 years. With more than 130 investment professionals and approximately $105 billion in assets under management (AUM) across the fixed income, equity and alternatives markets, we deliver tailored strategies to insurance companies as well as retail and institutional clients.Our mission is the pursuit of investment excellence centered on each client's success, and we have developed a culture that fosters debate and collaboration in an effort to drive value and results.

As 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. If you will be deemed to be a “Covered Associate” under HIMCO’s Pay to Play Policy, you will also need to disclose all political contributions that you have given within the past 2 calendar years

Compensation

The 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:

$106,800 - $160,200

Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

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The Hartford Insurance

Website: https://www.thehartford.com/

Headquarter Location: Hartford, Connecticut, United States

Employee Count: 10001+

Year Founded: 1810

IPO Status: Private

Industries: Auto Insurance ⋅ Financial Services ⋅ Insurance