About the position
The Investment Liaison at T. Rowe Price plays a critical role in bridging the gap between our Investment Teams and other areas of the firm including Sales, Distribution, Operations, and Client Services. This individual will leverage their deep understanding of insurance regulations, STAT (Statutory Accounting Principles), GAAP (Generally Accepted Accounting Principles) accounting, and the unique investment objectives of insurance clients to ensure that our strategies align with their financial goals and regulatory requirements. The Fixed Income Investment Liaison works to support portfolio management operations and is generally a representative of the investment strategy to internal groups and a conduit to the investment staff. Responsibilities include portfolio attribution, quantitative support, representing investments in new account onboarding, marketing support, and other special client needs including reporting, compliance, and audit. The role requires conceptual knowledge of theories and practices in their own job discipline and works within standardized procedures and practices to achieve objectives and meet deadlines. The Investment Liaison is accountable for their own contributions and regularly verifies that work quality and timeliness meet team objectives. They support investment teams through all stages of the client life cycle by managing standard investment-related operational activities.
Responsibilities
- Represents Investment teams in all stages of the client account lifecycle including new account onboarding, account lifecycle changes, and marketing support and client due diligence.
- Liaises with portfolio managers across multiple strategies and sectors to understand and align process and workflow of management and client engagement related to insurance clients.
- Supports the ongoing operational activities associated with portfolio management and credit research.
- Researches and analyzes investment and performance data; generates bespoke investment, risk, and performance-related reporting; and resolves low to moderately complex investment-related operational issues independently.
- Provides various quantitative reports for positioning and metrics including book yield, book income, and income forecasting.
- Drafts responses to complex requests for review by more experienced managers.
- Develops content as directed by investment staff.
- Serves as project participant on investments-initiated projects with guidance and oversight from management.
- Develops use cases and testing plans and participates in unit testing as requested to ensure successful outcomes.
- Participates in training new employees on policies and procedures.
Requirements
- Bachelor's degree or the equivalent combination of education and relevant experience.
- 5+ years of total relevant work experience.
- At least 5 years of experience in investment management with a focus on insurance clients strongly preferred.
- Working knowledge of STAT and GAAP accounting principles and their application in the insurance industry.
- Strong understanding of insurance regulation, compliance requirements, and investment objectives.
- Proficient in financial modeling, reporting tools, and portfolio management software including Clearwater Analytics.
- Strong technical skills are needed to manage analytics and portfolio attribution.
- Critical thinking skills and abilities to solve complex problems.
- Strong communication skills including technical writing to concisely summarize and communicate between investment personnel and operational teams.
Nice-to-haves
- Completion of or progress towards an MBA, MSF, CFA, or CPA program.
Benefits
- Competitive pay and bonuses as well as a generous retirement plan and employee stock purchase plan with matching contributions.
- Flexible and remote work opportunities.
- Health care benefits (medical, dental, vision).
- Tuition assistance.
- Wellness programs (fitness reimbursement, Employee Assistance Program).
