Investment Associate I - Remote

It’s a great time to join AAA The Auto Club Group!
JOIN THE TEAM COMMITTED TO DRIVING YOUR CAREER FORWARD
Job Type:
Full time
Exempt/Non Exempt:
Salary
:
Primary Duties and Responsibilities (details of the basic job functions):

• Assists in the training of junior investment staff
• Acts as a liaison with external partners and serves as point of contact on relationships for a segment of the assigned portfolios
• Assists leadership team with constructing portfolios that demonstrate a risk profile appropriate for ACG as an enterprise and for specific entities across the organization
• Maintains systems and tools that are utilized for organizing deal flow/pipeline, databases, portfolio monitoring, etc.
• Supports leadership team with analytical, research, and operational efforts as required on a wide range of topics and/or issues.
• Closely monitors markets and economic data to identify risks and opportunities for the investment portfolio at large and recommends actions to senior team members to improve risk management and investment performance.
• Facilitates reconciliation of portfolio/manager compliance and operational issues for assigned portfolios.
• Prepares manager and portfolio monitoring reports and presents summaries and conclusions to the Investment Team
• Participates in the due diligence/underwriting of private and public assets by conducting research, risk/reward analysis, site visits, etc.
• Collaborates with internal teams, including Legal, Tax, Financial Reporting, Treasury, Investment Administration/Operations, and Enterprise Risk Management; ensures clear and prompt communication with these teams as needed for assigned portfolios
• Participates in the oversight/monitoring of assigned managers via frequent meetings/calls, performance attribution analyses, compliance oversight, etc.
• Reviews and refines forecasts, capital calls, compliance reports, subscription documents, and other analyst work products; participates in preparation of such items as needed
• Assists in the composition of Investment Memos for recommended investments

II. Required Qualifications
Education (include minimum education and any licensing/certifications):

• Bachelor’s degree in Accounting, Finance, Economics or a related field.

Alternative Assets
Experience:
Participation in the due diligence process for investments in equity and alternative asset classes such as private equity, real estate, real assets, private credit
Support of research, trading and/or portfolio management roles
Generalist mindset with strong analytical skills and ability to act in an entrepreneurial setting
Familiarity or experience with legal review processes and subscription documentation Experience with capital call processes
Experience:
Minimum of 3-5 years investment experience supporting investment management or research functions.

• Excellent organizational and planning skills
• Independent thinking and proactive combined with strong teamwork skills
• Strong foundational knowledge of economics, investment markets, security attributes, and accounting applications
• Demonstrated quantitative analytical skills and initiative to drive progress and support decision making at the leadership level
• Strong research, decision making, and problem-solving skills
• Strong written and verbal communication skills regarding both qualitative and quantitative thoughts and analysis
• Strong knowledge of Microsoft Office Suite applications (i.e. Outlook, Excel, Word and PowerPoint) with particular expertise in Microsoft Excel
• Experience with financial, accounting, planning and budgeting processes

III. Preferred Qualifications

• MBA or CFA candidate
• Insurance industry knowledge/experience
• Bloomberg software experience

Important Note:
The above statements describe the principle and essential functions, but not all functions that may be inherent in the job. This job requires the ability to perform duties contained in the job description for this position, including, but not limited to, the above requirements.
Reasonable accommodations will be made for otherwise qualified applicants, as needed, to enable them to fulfil these requirements.
The Auto Club Group offers a competitive compensation and benefits package including a base salary with performance based incentives; medical/dental/vision insurance, 401(k), generous time off, a complimentary AAA Membership and much more!
Total Compensation Overview:

• Medical
• Excellent and comprehensive benefits packages are just another reason to work for the Auto Club Group. Benefits include:
• Paid Holidays
• The Investment Associate I will earn a competitive salary of $90,000 to $110,000 annually with annual bonus potential based on performance.
• 401k Match
• PTO
• Dental
• Vision

Important Note:
The above statements describe the principle and essential functions, but not all functions that may be inherent in the job. This job requires the ability to perform duties contained in the job description for this position, including, but not limited to, the above requirements.
Reasonable accommodations will be made for otherwise qualified applicants, as needed, to enable them to fulfil these requirements.
Who We Are
Become a part of something bigger.
The Auto Club Group (ACG) provides membership, travel, insurance, and financial service offerings to approximately 14+ million members and customers across 14 states and 2 U.S. territories through AAA, Meemic, and Fremont brands. ACG belongs to the national AAA federation and is the second largest AAA club in North America.
By continuing to invest in more advanced technology, pursuing innovative products, and hiring a highly skilled workforce, AAA continues to build upon its heritage of providing quality service and helping our members enjoy life’s journey through insurance, travel, financial services, and roadside assistance.
And when you join our team, one of the first things you’ll notice is that same, whole-hearted, enthusiastic advocacy for each other.
We have positions available for every walk of life! AAA prides itself on creating an inclusive and welcoming environment of diverse backgrounds, experiences, and viewpoints, realizing our differences make us stronger.
To learn more about AAA The Auto Club Group visit www.aaa.com
Important Note:
ACG’s Compensation philosophy is to provide a market-competitive structure of fair, equitable and performance-based pay to attract and retain excellent talent that will enable ACG to meet its short and long-term goals. ACG utilizes a geographic pay differential as part of the base salary compensation program. Pay ranges outlined in this posting are based on the various ranges within the geographic areas which ACG operates. Salary at time of offer is determined based on these and other factors as associated with the job and job level.
The above statements describe the principal and essential functions, but not all functions that may be inherent in the job. This job requires the ability to perform duties contained in the job description for this position, including, but not limited to, the above requirements. Reasonable accommodations will be made for otherwise qualified applicants, as needed, to enable them to fulfill these requirements.
The Auto Club Group, and all its affiliated companies, is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, disability or protected veteran status.
Regular and reliable attendance is essential for the function of this job.