Associate Analyst, Equity Research - Healthcare

Why work for us?

A career at Janus Henderson is more than a job, it's about investing in a brighter future together.

Our Mission at Janus Henderson is to help clients define and achieve superior financial outcomes through differentiated insights, disciplined investments, and world-class service. We will do this by protecting and growing our core business, amplifying our strengths and diversifying where we have the right.

Our Values are key to driving our success, and are at the heart of everything we do:

Clients Come First - Always | Execution Supersedes Intention | Together We Win | Diversity Improves Results | Truth Builds Trust

If our mission, values, and purpose align with your own, we would love to hear from you!

Your opportunity

We are seeking an Associate Analyst to join our Equity Research team, with a coverage emphasis on healthcare services and additional non-therapeutic sectors. The role will support senior analysts and portfolio managers through fundamental research, financial modelling, and investment analysis focused on businesses that primarily deliver, manage, or enable healthcare services.

You will:

* Collect industry and company data through a variety of channels, including sell-side research firms, internal and external databases, trade publications, web scraping, and other online sources

* Build and maintain a variety of excel based financial models (company, industry/sector, macro)

* Conduct research on key leverage points of companies, including conversation with management and industry experts

* Review and organize data, synthesize information, and help identify and analyze trends

* Independently exercise discretion in expanding assigned projects to improve the stock selection process. Applicant must be an engaging, highly ambitious self-starter

* Participate in healthcare team meetings, company management meetings and general investment team meetings

* Carry out other duties as assigned

What to expect when you join our firm

* Hybrid working and reasonable accommodations

* Generous Holiday policies

* Paid volunteer time to step away from your desk and into the community

* Support to grow through professional development courses, tuition/qualification reimbursement and more

* Maternal/paternal leave benefits and family services

* Complimentary subscription to Headspace - the mindfulness app

* Corporate membership to Class Pass and other health and well-being benefits

* Unique employee events and programs including a 14er challenge

* Complimentary beverages, snacks and all employee Happy Hours

Must have skills

* Four-year degree in finance, economics, accounting, business management. math or related field preferred

* 2-5 years equity analyst experience in equity research with a focus on healthcare services or managed care

* Ability to analyze data as well as accumulate, organize and assimilate large amounts of information

* Ability to apply valuation tools to models such as ROIC, ROE and be confident around DCFs

* Ability to analyze financial statements and create financial models

* Multitasking and organizational skills with the ability to prioritize and coordinate multiple projects in a dynamic environment

* Advanced computer skills. MS Excel experience required

* Strong verbal and written communication skills

* Self-starter with the ability to work and make decisions independently

* Ability to collaborate and build relationships to enable effective completion of business objectives

Nice to have skills

* Experience on the buy-side or supporting long-only equity strategies

* Demonstrates intellectual curiosity, creativity, and analytical skills in areas of high complexity

* Strong interpersonal and customer service skills, including the ability to probe for details

Investment areas

* Has responsibility for supporting portfolios covered by the centralized equity research team

Supervisory responsibilities

* No

Potential for growth

* Mentoring

* Leadership development programs

* Regular training

* Career development services

* Continuing education courses

Compensation Information

The base salary range for this position is $110,000-$140,000. This range is estimated for this role. Actual pay may be different. This position will be open through March 29, 2026.

Colorado law requires an estimated closing date for job postings. Please don't be discouraged from applying if you see this date has passed.

At Janus Henderson Investors we're committed to an inclusive and supportive environment. We believe diversity improves results and we welcome applications from candidates from all backgrounds. Don't worry if you don't think you tick every box, we still want to hear from you! We understand everyone has different commitments and while we can't accommodate every flexible working request, we're happy to be asked about work flexibility and our hybrid working environment.

If you need any reasonable accommodations during our recruitment process, please get in touch and let us know at

#LI-LD1 #LI-HYBRID

Annual Bonus Opportunity:
Position is eligible to…