Investment Analyst

Kinsale Insurance•Richmond, VA

About The Position

This person will work directly with the portfolio manager to generate and research investment ideas, monitor existing positions, build financial models and perform risk analysis on an equity portfolio approaching a billion dollars. This is not a high-frequency trading role. It is a role for a deeply curious, rational, and patient investor who thinks like an owner and is drawn to the prospect of protecting against permanent capital loss while generating compounding returns — a philosophy well aligned with Kinsale’s investment approach.

Requirements

2–5 years of investment research experience, ideally on the buy side (asset management, family office, hedge fund, or proprietary portfolio)
Demonstrated track record of independent investment analysis, including written investment theses or formal research reports
Familiarity with value investing principles and a long-term, business-owner mindset
Strong financial statement literacy across income statements, balance sheets, and cash flow statements; ability to build and interpret valuation models
Intellectual honesty, self-awareness about the limits of one's circle of competence, and the discipline to act only when the margin of safety is sufficient
Bachelor's degree in Finance, Economics, or a related quantitative discipline

Nice To Haves

Prior experience in or research coverage of the P&C insurance, reinsurance, or specialty insurance sectors
Familiarity with NAIC filings, statutory accounting, and insurance industry-specific financial analysis
CFA designation (completed or in progress)
Experience with investment tools such as Bloomberg Terminal, FactSet, Capital IQ
Background in probabilistic decision-making frameworks or behavioral finance
Experience managing or contributing to a concentrated long-only equity portfolio

Responsibilities

Conduct in-depth, bottom-up fundamental research on public equity investment opportunities.
Develop and maintain a framework for ongoing portfolio monitoring, including reviewing annual reports, regulatory filings, investor letters, earnings transcripts, and industry publications.
Produce written investment theses and present well-reasoned buy, hold, and sell recommendations to portfolio managers.
Assist in building out investment processes, policies, and reporting infrastructure appropriate for a public insurance company's investment portfolio.
Monitor macroeconomic and industry-level developments relevant to portfolio positioning, including interest rate trends, economic statistics and sector-specific risks.