Job Description Investment Analyst III/IV (Investment Analyst) Performs highly complex and/or advanced fundamental investment research and analysis work. Works under limited supervision, with considerable latitude for the use of initiative and independent judgment.
Essential Job DutiesThis position: - Perform investment analysis based on company asset reporting.
- Perform investment analysis, including drafting summary reports, of investments and investment strategies principlesbased reserves, asset adequacy analysis, and other Valuation Manual requirements during targeted examinations of life and health companies.
- Review workpapers and reports prepared by others.
- Perform monitoring and document material developments for investments and investment strategies supporting principlesbased reserves, asset adequacy analysis, and other Valuation Manual requirements between targeted examinations of life and health companies.
- Perform analysis of investments and investment strategies related to specific transactions and agreements as needed to determine appropriateness, compliance with requirements, and appropriate financial statement presentation.
- Participate in special projects as assigned such as developing or revising rules, legislation, actuarial guidelines, and Valuation Manual requirements.
- Participate in comprehensive financial examinations of life & health companies and other related entities and prepare summaries to support examination reports and workpapers.
- Provide feedback, coaching, guidance, and technical assistance to others as applicable. Performs other duties as assigned.
- Research and advise team members on examination best practices.
- Complete relevant continuing education, including meeting the minimum requirement to maintain any credentials.
- Perform other duties as assigned.
Minimum QualificationsThis position requires: - Investment Analyst III:
- Graduation from an accredited fouryear college or university, preferably with a major in statistics, mathematics or actuarial science, insurance, or related field.
- A minimum of three (3) years of relevant investment or actuarial (with an investments focus) work experience.
- Investment Analyst IV:
- Graduation from an accredited fouryear college or university, preferably with a major in statistics, mathematics, finance, economics, actuarial science, or related field.
- A minimum of three and a half (3.5) years of relevant investment or actuarial (with an investment focus) work experience.
- Regular work attendance.
- Travel may be required for up to 25% of the time.If travel is 10% or more, you must maintain a state of Texas Driver's License.
Must hold at least one of the following professional qualifications or associations: - Associate of the Society of Actuaries (ASA or FSA), CPA, CFA, CIMA, or CAIA.
Must be eligible for the bondrelated provisions of Insurance Code Section 401.106 and take the oath required by Insurance Code Section 401.105 .
Additional job details: This position may be eligible for hybrid telecommuting. Employees must have a secure, dedicated workspace with Internet service, ability to maintain a reliable consistent work schedule, and be available for weekly meetings and group collaboration via Microsoft Teams and other applications during regular business hours.
Monthly starting salary:
- Investment Analyst III= $9,641. 80
- Investment Analyst IV = $11,484.37
RESUME REQUIRED WITH SUBMISSION OF APPLICATION Preferred Qualifications Preferences for this position include:- Experience analyzing insurer asset portfolios in a regulatory, external audit, or internal audit role.
- Experience modeling complex assets.
Knowledge/Skills/Abilities This position requires demonstrated knowledge of:- State laws, rules, procedures, and regulations relevant to job requirements.
- Relevant industry studies and data sources.
- Relevant NAIC actuarial and accounting committee/task force/working group processes for developing regulatory requirements.
- Regulatory requirements for life and health insurance.
- Accounting and auditing principles.
This position requires demonstrated skill in:- Problem solving and critical thinking.
- Using Microsoft Office software applications, including Word, Excel, Outlook, and SharePoint.
- Using personal computers sufficient to enter and extract data from related systems and programs such as Centralized Accounting Payroll and Personnel (CAPPS) and other systems required to perform the job.
- Operating a motor vehicle in a safe and courteous manner in compliance with traffic laws.
- Interpreting insurance laws, regulations, requirements, and actuarial guidelines.
- Effectively applying advanced accounting principles, techniques, and insights.
- Applying critical thinking to analyze problems and form insightful conclusions.
- Communicating complex subjects in a clear and concise manner.
- Developing, implementing, and communicating regulatory requirements.
- Positively and constructively represent TDI in meetings with the public, public officials, or industry representatives.
- Preparing documentation that is clear, concise, accurately describes work performed, and supports conclusions.
- Using personal computers, including Microsoft applications (e.g., Word and Excel) and TeamMate.
This position requires the demonstrated ability to:- Communicate and work effectively with a wide range of people with varied skills, knowledge, and backgrounds.
- Maintain the confidentiality of sensitive information.
- Analyze and solve workrelated problems and work independently on a variety of administrative work and technical assignments.
- Manage and coordinate multiple tasks and priorities to meet necessary deadlines.
- Work both independently and as a team player.
- Perform work with courtesy and professional respect, acting honestly, with integrity and competence.
- Model professionalism and support of agency goals.
- Communicate timely, appropriately, clearly, thoroughly, and concisely.
- Overcome communication barriers.
- Appropriately handle confidential materials.
- Provide respectful, educational, timely, and effective feedback, coaching, guidance, and/or technical assistance. Receive and implement feedback respectfully and responsively.
- Establish and maintain positive and effective working relationships at all organizational levels, including internal and external customers.
- Plan, make decisions, and solve problems.
- Manage time effectively on multiple simultaneous projects.
- Satisfy the requirement to maintain fully qualified driving status (if applicable).
How to Apply Military Employment Preference Get help translating your military work experience and training courses into civilian job terms, qualifications/requirements, and skill sets. Redact personal or sensitive information from all attachments.
To receive a military employment preference, you must submit the required documents, as applicable, with your application. See Military Employment Preference .
Applicable Military Occupational Specialty (MOS) codes are included, but not limited to one of the following: Military Occupational Specialty codes are not available at this time.
Click or copy and paste the following link into your browser to access Military Crosswalk information: https://hr.sao.texas.gov/Compensation/MilitaryCrosswalk/MOSC_Insurance.pdf
How to ApplyYou may apply through CAPPS Agency Career Site or Work in Texas (WIT) .
The following information is required with your submission. Your submission must include complete:
- Employment history (month and year)
- Duties and responsibilities
- Education
- Certifications
- Licenses
- Employment questions
We may reject submissions that do not include all the required information.
If you are applying through WIT, log into CAPPS Agency Career Site to access employment questions and review your submission.
