VP, Investments

Palomar Holdings Inc. • San Diego, CA

89d • $215,000 - $315,000

About The Position

Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Palomar welcomes self-motivated individuals to our thriving company. Guided by an entrepreneurial spirit, Palomar is building a dynamic and diverse team. 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.

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.
• 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.

Nice To Haves

• Build strong relationships through transparency, trust, and respect for each other.
• Work in an agile environment, with a resilient mindset to find creative solutions to challenges.
• Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.
• Do the right thing with strong conviction and integrity.
• Be bold and innovative to help make an impact.

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.

Benefits

• Full Suite of Medical Benefits
• Long Term Financial Incentives: All team members receive company equity.
• 401k with 3.5% automatic fully vested Employer Contribution
• Competitive PTO + Holiday Program
• Hybrid Work Environment
• Lifestyle Savings Account
• Professional Development Assistance
• Career Exploration Opportunities
• Regular company-wide social events (even virtually!)

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 101-250 employees