Investment Portfolio Manager

Kentucky Farm Bureau Mutual Insurance Company•Louisville, KY

6d•Onsite

About The Position

Seeking an experienced, flexible, forward-thinking institutional money manager to join the team. This generalist manager role requires expertise across multiple investment disciplines, including fixed income, common stock, and banking; alternative investment experience, including private equity, is preferred. The Investment Portfolio Manager plays a key role in developing investment strategy for the Company’s general account, researching and implementing investment opportunities, and managing risk through compliance with regulations and the Company’s Investment Policy. The role may also include management of subsidiary portfolios. The manager participates in Multi-Asset Strategy and Allocation meetings, Alternative Asset Review and Selection meetings, and Enterprise Risk Management development activities. The position requires regular, predictable attendance and physical presence in the office. The work environment is a standard office setting. Physical demands include normal vision and hearing (with or without correction), reading, speaking, sitting, travel, and mobility. Mental demands include analytical reasoning and prolonged concentration. Equipment includes the Bloomberg System, keyboard, telephone, and calculator.

Requirements

Bachelor’s degree in accounting, finance, economics, or a related field.
Minimum 10 years of experience, including 5 years contributing to portfolio management and developing investment strategy, preferably in insurance, banking, or similar corporate environments.
Proficiency with investment analytics systems such as Bloomberg, PORT, and Clearwater, and ability to learn new systems as required.
Evidence of specialized training in financial markets.
Thorough understanding of risk-controlled asset allocation and cash flow analysis.
Extensive knowledge of investments, modern portfolio theory, financial concepts, accounting theory, and related terminology.
High level of self-motivation and ability to collaborate internally and externally.
Confident, articulate presence and excellent presentation skills.
Ability to maintain a positive attitude and work as a team member.
Ability and willingness to strictly adhere to the Company Investment Policy.
Physical ability to meet the stated demands, including reading, speaking, sitting, travel, and mobility; normal vision and hearing with or without correction.
Analytical reasoning and prolonged concentration.

Nice To Haves

Alternative investment experience, including private equity.
Advanced degree.
CFA credential or working toward completion.
Experience with capital and/or cash markets.

Responsibilities

Help develop portfolio investment strategy in coordination with the Director, Accounting and Taxes, the Vice President of Accounting and Finance, and other investment personnel, considering the Company’s tax position, NAIC regulations, Kentucky Department of Insurance regulations, and the Company Investment Policy; report the strategy to the Finance Committee quarterly.
Maintain working knowledge of the financial regulatory environment, prepare for pending regulatory changes, and monitor compliance with regulations and internal policies.
Develop working knowledge of the Company’s tax model and keep abreast of investment-related tax law to support investment strategy that maximizes after-tax results.
Research investment opportunities and manage assigned portfolios in accordance with regulations and the Company Investment Policy.
Participate in research, sourcing, allocation, and monitoring of alternative asset class investments.
Document investment purchase and sale transactions for monthly reports to the Board of Directors.
Assist in developing economic forecasts and interest rate change analyses, determining their effects on portfolios and adjusting investment strategy.
Continually improve and add methods to monitor and analyze portfolio performance.
Create investment income budget forecasts and monitor actual results against budget.
Maintain brokerage relationships and strive for best execution.
Serve as backup to investment area personnel.
Adhere to the AIMR Code of Ethics and Standards of Practice.
Partner with other portfolio managers to ensure key responsibilities are covered for business continuity.
Participate in Multi-Asset Strategy and Allocation meetings, Alternative Asset Review and Selection meetings, and Enterprise Risk Management development activities.
Maintain regular, predictable attendance and be physically present in the office.