Senior Investment Portfolio Manager

Kentucky Farm Bureau Mutual Ins Co•Louisville, KY

4d•Onsite

About The Position

The Senior Investment Portfolio Manager works with the Finance Committee to develop cash management and investment strategies for the Company and its affiliates. The role oversees development of those strategies, directs and coordinates investment functions, ensures regulatory compliance and reporting, and develops and monitors internal controls. It requires expertise in researching and selecting investments across fixed income, equities, and alternative investments, including private equity, as well as experience in cash and treasury management. The position leads the investment team of portfolio managers and analysts and works closely with supervisors, managers, directors, and the Vice President within Accounting & Finance. The role is based in the office five days a week and requires regular, predictable attendance. It involves analytical work, prolonged concentration, reading, speaking, sitting, mobility, and travel in a standard office environment.

Requirements

Bachelor’s degree in accounting, finance, economics, or a related field.
At least 15 years of experience, including 10 years contributing to portfolio management and developing investment strategy.
Thorough understanding of risk-controlled asset allocation and cash flow analysis.
Extensive knowledge of investments, trading, fundamental analysis, security selection, relative value, macroeconomics, modern portfolio theory, financial concepts, and accounting theory.
Ability to train and mentor staff in investment and financial disciplines.
Experience managing teams or significant proficiency in team oversight and collaboration, including excellent human relations skills.
Ability to collaborate with people inside and outside the organization.
Ability and willingness to adhere strictly to Company Investment Policy.
Broad knowledge of property and casualty insurance products, operational areas, and systems.
Ability to seek process improvements while maintaining financial controls.
Excellent verbal and written communication and interpersonal skills.
Problem-solving experience and ability to grasp new concepts quickly.
Excellent organizational skills and ability to manage multiple moderately sized, complex tasks simultaneously.
Ability to meet deadlines under time constraints.
Proficiency in investment analytics systems such as Bloomberg, PORT, and Clearwater, and ability to learn new systems.

Nice To Haves

CFA Charterholder.
Advanced degree.
Experience in insurance, banking, or similar corporate environments.

Responsibilities

Develop portfolio investment strategies in collaboration with the Finance Committee, the Vice President of Accounting and Finance, directors, and the investment team, taking into account the Company’s tax position, applicable regulations, and investment policy.
Monitor compliance with financial regulatory requirements and internal policies, and respond proactively to regulatory changes.
Develop working knowledge of the Company’s tax model and stay current on tax law affecting investments to help maximize after-tax results.
Oversee and participate in portfolio and cash management, including hiring and training staff when needed.
Research and evaluate investment opportunities and develop these capabilities within the investment team.
Manage portfolios in accordance with applicable regulations and Company investment policy.
Monitor portfolio performance and respond when it falls outside Company index targets.
Identify investment opportunities while maintaining the Company’s conservative and consistent investment approach.
Oversee and approve the work of portfolio managers and other investment team members.
Develop investment team personnel through regular one-on-one development sessions, at least annual performance evaluations, mentorship, and leadership aligned with the Company’s Guiding Principles.
Report findings and issues to the Vice President of Accounting & Finance and recommend resolutions.
Lead research, sourcing, allocation, and monitoring of alternative asset class investments.
Ensure regulatory reports are accurately prepared and filed on time.
Coordinate with Accounting Operations and Financial Reporting to meet cash needs and appropriately allocate cash for investment or operations.
Adhere to the AIMR Code of Ethics and Standards of Practice.
Assist the Vice President and directors in leading the Accounting & Finance department.