The Goldman Sachs Group, Inc

Global Investment Research, Equity Research, Life Insurance Associate

The Goldman Sachs Group, Inc$150K — $225K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Exceptional quantitative and analytical skills with strong accounting and corporate finance knowledge.
  • Excellent verbal and written communication skills for articulating complex financial concepts.
  • Advanced mastery of Microsoft Excel; familiarity with FactSet, Bloomberg, or Reuters is preferred.
  • Meticulous attention to detail with a commitment to high-quality work under tight deadlines.
  • Strong collaborative spirit, focused on the success of the research team.

Responsibilities

  • Develop in-depth expertise in the Life Insurance sector, including products and regulatory frameworks.
  • Build and rigorously maintain detailed financial models and valuation frameworks.
  • Analyze and interpret regulatory filings and macroeconomic data to generate insights.
  • Contribute to the writing and production of impactful research reports.
  • Provide timely responses to ad hoc inquiries from clients and internal teams.
  • Collaborate with global teams to leverage insights and contribute to cross-sector research.

Benefits

  • Comprehensive health and wellness offerings.
  • Strong overall employee experience with valuable benefits.
  • Support for both full-time and part-time employees working over 20 hours per week.
Full Job Description
Job Description

Global Investment Research

From macroeconomic forecasts to individual stock analysis, our team develops tools and insights to help shape investment strategies for clients and the firm. Our analysts work on client-focused research in the equity, fixed-income, currency, and commodities markets, mining big data that enters markets around the world each day to identify game-changing insights. You'll be part of a team that is intellectually curious, creative, analytical, and passionate about performing market research.

Key Responsibilities

Working closely with the Senior Analyst and other members of the Insurance Research team, the Associate will:
  • Develop Deep Sector Expertise: Build and maintain a comprehensive understanding of the Life Insurance sector, including product structures (e.g., annuities, universal life, term), regulatory frameworks, and actuarial concepts.
  • Architect & Maintain Financial Models: Build, update, and rigorously maintain detailed, integrated financial models (Income Statement, Balance Sheet, Cash Flow) and valuation frameworks for covered companies.
  • Analyze Complex Data Sets: Interpret regulatory filings (including statutory filings and GAAP/LDTI disclosures), macroeconomic indicators, and industry trends to generate actionable insights.
  • Draft High-Impact Research: Contribute significantly to the writing and production of fundamental research reports, including quarterly earnings previews/reviews, company-specific deep dives, and thematic industry pieces.
  • Support the Franchise: Respond efficiently to ad hoc inquiries from institutional clients, the equity sales force, trading desks, and company investor relations teams.
  • Collaborate Globally: Partner with broader GIR teams to share insights, leverage data analytics tools, and contribute to cross-sector research initiatives.


Basic Qualifications
  • Analytical Rigor: Exceptional quantitative and analytical skills, with a strong foundation in accounting and corporate finance.
  • Communication Excellence: Outstanding verbal and written communication skills, with the ability to articulate complex financial concepts clearly and concisely.
  • Technical Proficiency: Advanced mastery of Microsoft Excel; experience with market data tools (e.g., FactSet, Bloomberg, Reuters) is highly preferred.
  • Detail Orientation: Meticulous attention to detail and a commitment to delivering institutional-grade work under tight deadlines.
  • Team-First Mindset: Strong collaborative spirit, with a focus on supporting the collective goals of the research franchise.


Preferred Qualifications
  • Experience: Minimum 2+ years of relevant experience in equity research, investment banking, actuarial consulting, rating agencies, or corporate finance within the insurance industry.
  • Product & Accounting Knowledge: Solid working knowledge of Life Insurance products, reserve analysis, and insurance-specific accounting standards (GAAP, Statutory, and LDTI).
  • Franchise Focus: A professional who is energized by the challenge of building world-class models and research infrastructure, and who is committed to a collaborative, long-term associate career path.
  • Agility: Ability to multi-task, prioritize effectively, and take initiative in a fast-paced, dynamic market environment


Salary Range
The expected base salary for this New York, NY, United States-based position is $150000-$225000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.

About The Goldman Sachs Group, Inc

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

The Goldman Sachs Group, Inc. Careers

Join the prestigious team at The Goldman Sachs Group, Inc., a global leader in finance and investments, and propel your career to new heights. Our firm is renowned for its commitment to excellence, innovation, and leadership in the financial sector.

Work You’ll Do

At Goldman Sachs, you will be part of a dynamic environment that fosters growth, diversity, and professional development. Engage in transformative projects that redefine the landscape of global finance, driven by a culture of high performance and continuous improvement.

Lead with Innovation and Leadership

Step into a role where your skills will be honed and your leadership capabilities enhanced. The Goldman Sachs Group, Inc. is at the forefront of merging financial expertise with technological innovation, creating a platform for you to lead impactful initiatives.

Join Our Diverse and Inclusive Team

Diversity and inclusion are at the core of our company culture. With employees from various backgrounds, Goldman Sachs thrives on the rich ideas and perspectives that this diversity brings. Here, every team member’s contribution is valued, and every voice is heard.

Explore Job Opportunities and Internships

Whether you’re seeking full-time employment or looking into internship opportunities, Goldman Sachs offers a range of positions that cater to different skills, experiences, and career aspirations. From analyst to executive positions, discover how you can contribute to our legacy of success.

Networking and Professional Growth

Goldman Sachs is not just a workplace. It is a community where you can build lasting relationships with colleagues and industry leaders. Our networking events, mentorship programs, and professional groups foster connections that can accelerate your career trajectory.

Benefits and Career Development

Invest in your future with Goldman Sachs’ unparalleled employee benefits and career development programs. From comprehensive health benefits to personalized career coaching and leadership training, we ensure that our team is equipped for success, both professionally and personally.

Prepare for Your Future

Ready to take the next step? Prepare your resume, sharpen your interview skills, and explore the vast array of job opportunities at The Goldman Sachs Group, Inc. Our hiring process is designed to identify and nurture talent, helping you to achieve your career goals.

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Join The Goldman Sachs Group, Inc.

Embark on a rewarding journey with The Goldman Sachs Group, Inc. where your potential is limitless. Explore positions, read about our company culture, and apply today to become part of a team that values growth, leadership, and innovation.

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At The Goldman Sachs Group, Inc., your career is just the beginning – it’s an opportunity to excel and lead in the global financial industry. Join us and make your mark!
Learn more about The Goldman Sachs Group, Inc
Size
45,100 employees
Market Cap
$115.8 billion
Industry
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ

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