Investment Analyst

BASIC FUNCTION

The Investment Analyst position is an entry level position into the investment consulting field. The Investment Analyst works in a team environment and operates in four primary areas of responsibility:

Performing analysis and due diligence on retirement plan managers and investment options.

Preparing quarterly performance reports and manager searches for investment clients.

Monitoring pension plan asset levels and initiating appropriate rebalancing.

Preparing reports and conducting fund research for internal Milliman clients such as Marketing and other client service teams.

JOB RESPONSIBILITIES

Analyze investment performance via analytical software, interviews and other research. Draft investment manager memos and reports.

Participate in and conduct investment manager reviews and interviews.

Present investment manager candidates to consulting team and clients.

Maintain list of preferred investment managers for major asset classes.

Coordinate and process quarterly client investment reports.

Maintain current data regarding fees, expenses, availability and cost sharing for managers across various trust platforms.

Respond to internal requests for information regarding plan investment options.

Research and prepare investment option lists for marketing purposes and client proposals.

Special projects as needed.

Overall, prepare consultant team with knowledge and backup for client meetings and presentations.

JOB REQUIREMENTS

Bachelor’s degree preferred in Finance, Economics, Accounting, Mathematics, or other business related analytical field.

Working knowledge of Modern Portfolio Theory (alpha, beta, correlation, mean variance optimization, etc.).

Self-starter, flexible attitude with enthusiasm for investment manager research and consulting.

Willing to take on unfamiliar projects, think creatively, learn new software and disseminate vital information.

Proficient in the use of Microsoft Windows and Microsoft Office suite (Word, Excel, PowerPoint and Access).

Ability to work within a team environment and independently manage own work.

Willing to pursue continuing education in the Investment Management Consulting field; e.g. CIMA, CFA.

Strong verbal and written communication skills, with an emphasis on customer service.

Basic project management skills.

Excellent analytical and mathematical capabilities, with great attention to detail.

Demonstrate solid organizational skills, balancing and prioritizing multiple projects.

Ability to solve problems efficiently while being innovative and creative.

COMPENSATION

A competitive base salary, plus a performance-based incentives bonus tied to the overall business performance. The firm offers an outstanding and comprehensive benefits package.

ABOUT MILLIMAN

Milliman employs more than 3,300 people working in employee benefits, healthcare, life insurance/financial services, and property and casualty insurance. For more than 70 years, the firm has quietly earned a reputation for exceptional services, innovation and quality. Today Milliman is one of the nation’s most highly regarded providers of retirement plan services to the full spectrum of business, financial, government and union organizations.

HIRING PRACTICES

Our company, with the full support of our Chief Executive Officer, is fully committed to the maximum utilization of all human resources and the goals of Equal Employment Opportunity and Affirmative Action. We recruit, hire, train, and promote, and consider qualified applicants for employment, in all job titles without regard to age, ancestry, citizenship status, color, creed, familial status, genetic information, marital status, national origin, political ideology, race, religion, sex, sexual orientation, gender identity, status as an individual with a disability, or veteran status, including qualified disabled veterans, Armed Forces service medal veterans, recently separated veterans, and active duty wartime or campaign badge veterans; and shall not discriminate against any individual, or any other characteristic protected by law. Should you have a disability that requires assistance and/or reasonable accommodation with the job application process, please contact the HR department.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.