VP, Investments

Palomar•La Jolla, CA

About The Position

Reporting to the Executive Vice President of Investments, the VP, Investments will focus on developing and implementing major aspects of the investment strategy for Palomar’s $1.3 billion investment portfolio. As a leader on the investment team, the position will be responsible for overseeing several of the major investment portfolio decisions, a portion of which will be in coordination with third-party asset managers. Responsibilities will include both individual security selection as well as broader asset allocation and sector decisions. The position will also be responsible for sourcing and managing new potential relationships with specialist asset managers and optimizing the management of Palomar’s cash and cash equivalents.

Requirements

Bachelor's degree in finance, accounting, economics or other business-related field, but flexible if experience and requirements are met
5+ years of fixed income investment management experience
Strong understanding of fixed income instruments and investment strategies including investment grade and high yield corporate credit, mortgage-backed securities, structured credit, municipals, equities including preferred equities, and alternatives including both private equity and private credit, etc.
Strong analytical skills with the ability to conduct in-depth research and make convicted investment decisions, following comprehensive research and analysis.
Investment experience both at the security level and the broad sector and asset level with an understanding of credit and duration risk within an asset liability framework
Advanced experience with Bloomberg, Microsoft PowerPoint, Word and Excel
Experience establishing and fostering relationships with external parties.
Demonstrable track record of working autonomously and driving progress
Be intellectually curious, think creatively, and pragmatic

Responsibilities

Collaborate as one of the lead members of an investment team overseeing a $1.3 billion multi-asset portfolio spanning both public and private market strategies.
Develop, evaluate, and recommend long term asset allocation strategies to optimize yield while maintaining a strong focus on capital preservation and liquidity.
Execute security-selection decisions over shorter time horizons, participate in new-issue evaluation and pricing, and implement tactical adjustments to portfolio positioning.
Design, review, and recommend strategies for cash investment, cash pooling, and collateral management to ensure optimal use of resources.
Lead the development and implementation of Investment Policy updates aligned with business objectives and growth priorities.
Monitor and evaluate investment manager performance and direct manager selection processes when new mandates are required.
Mentor, educate, and support emerging talent on the portfolio management team.