Investment Portfolio Manager

Investment Portfolio Manager

Reports To: Director, Accounting & Taxes
Department: Accounting & Finance
Job Status: Exempt
Annual Salary Range: $139,000–$181,000
Work Arrangement: Hybrid, with remote work on Mondays and Fridays

Our client is a well-established, Kentucky-based insurance organization committed to financial stability and responsible risk management. The Investment Portfolio Manager contributes to the development and execution of investment strategies for the Company’s general account and, as needed, subsidiary portfolios. This position researches and evaluates investment opportunities, manages assigned portfolios, monitors performance and regulatory compliance, and supports investment decisions that align with the Company’s financial objectives and investment policy.

The ideal candidate brings broad investment experience, strong analytical skills, and the ability to collaborate effectively with investment colleagues and present complex financial information. Fixed income expertise is required, while experience in additional asset classes and the insurance industry is preferred.

• Contribute to investment strategy development in collaboration with the Director of Accounting & Taxes, Vice President of Accounting & Finance, and investment team, considering the Company’s tax position, investment policy, risk tolerance, and applicable regulatory requirements.
• Research investment opportunities and manage assigned portfolios in accordance with Company policies, investment objectives, and regulatory requirements.
• Monitor portfolio performance, evaluate investment risks, and identify opportunities to improve returns and portfolio management processes.
• Evaluate investment opportunities across fixed income and other asset classes, including equities and alternative investments.
• Participate in the research, sourcing, allocation, and monitoring of alternative investments, including private equity.
• Monitor applicable financial regulations, including NAIC and Kentucky Department of Insurance requirements, and maintain compliance with internal policies.
• Maintain working knowledge of the Company’s tax model and applicable tax laws to support investment strategies that maximize after-tax results.
• Document investment purchases and sales and contribute to timely, accurate reporting for the Board of Directors and other stakeholders.
• Assist in developing economic forecasts and evaluating interest rate changes and their potential impact on portfolio performance and investment strategy.
• Develop and maintain investment performance analytics, income forecasts, and budget-to-actual reporting.
• Maintain brokerage relationships and seek best execution for investment transactions.
• Participate in Multi-Asset Strategy and Allocation meetings, Alternative Asset Review and Selection meetings, and Enterprise Risk Management activities.
• Collaborate with other portfolio managers to support investment research, share expertise, and maintain business continuity across the investment function.
• Provide backup support to other investment team members as needed.
• Adhere to applicable professional ethical standards, including the CFA Institute Code of Ethics and Standards of Professional Conduct, as applicable.
• Perform other duties as assigned. Essential functions may be supplemented as necessary.
• Maintain regular, predictable attendance and follow the Company’s hybrid work schedule.

• Bachelor’s degree in accounting, finance, economics, or a related field required; advanced degree preferred.
• Minimum of eight years of relevant professional experience, including experience contributing to portfolio management and investment strategy development, preferably in insurance, banking, or a comparable…