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Blue Cross and Blue Shield of Minnesota · 3 days ago

Investment Manager

Eagan, MN

Full-time

Hybrid

Senior Level

$136K/yr - $230K/yr

7+ years exp

Blue Cross and Blue Shield of Minnesota is dedicated to transforming healthcare and is seeking an Investment Manager to support leadership in managing enterprise investment portfolios. The role involves strategic asset allocation, investment performance management, and coaching investment team members.

Insurance

Comp. & Benefits

Responsibilities

Manage the daily investment portfolio trade activity to ensure maximum risk-adjusted returns that outpace the index while maintaining liquidity

Manage the development of the asset allocation strategies for all corporate portfolios, pension, 401k, foundation, and other non-qualified benefit assets

Manage the development of investment strategies to maximize returns within approved parameters (e.g., investment policy and RBC)

Participate and assist with all investment portfolio managers proactively to identify performance gaps and risks to benchmarks

Assist with the Treasury partnership to ensure liquidity needs have been identified and planned for with regards to Operating Fund maturities and the timing of those maturities to support operations and/or strategic initiatives

Inform Treasury and Investment leadership and other colleagues regarding current economic trends that may enhance business decisions and strategies in the department as well as the broader enterprise

Manage the development of proactive analysis, solutions, and strategies to support enterprise strategies and related department, goals, and focus areas including but not limited to cost savings, process improvements, and optimization

Manage the development of analytics, peer comparisons, management reporting, and key performance indicators (KPIs) to manage respected accountabilities

Manage the development of forecasts and budgets and manage work accordingly to these commitments with explanations to deviations

Exemplify fiduciary stewardship over all financial assets. Adhere to conducting work through development and approved policies, processes, and controls to ensure compliance and to mitigate risks for the organization

Assist the Investment Director on any other initiatives including but not limited to support on board and committed related content

Manage and develop talent by providing an inclusive environment that promotes diversity of thought and team engagement. This should include proactive coaching, career development conversations, and performance coaching and evaluation

Qualification

Financial markets expertiseInvestment strategy developmentRisk managementAnalytical skillsBanking regulations knowledgeLeadership experienceCommunication skillsCustomer interactionMicrosoft ExcelBloomberg AnalyticsFactSetTMS systemsMicrosoft AccessMicrosoft WordTeam collaborationTime managementProblem-solving skills

Required

7+ years of related professional experience. All relevant experience including work, education, transferable skills, and military experience will be considered

1+ years leading a team or successful project lead experience

Expert knowledge of financial markets, enterprise treasury, investments, risk management and subsequent best practices

Strong leadership, communication, and collaboration skills to ensure Treasury and Investment objectives are communicated and understood

Advanced knowledge of banking and investment legal and regulatory environment

Excellent written and verbal communication skills with the ability to present complex treasury, investment, and accounting information clearly to boards, investment committees and executive staff

Exceptional organizational and time management ability, with flexibility to handle a variety of challenging responsibilities and change priorities as needed

Well-developed analytical and problem-solving skills, including understanding of complex investment concepts

Broad knowledge of NAIC, SEC, and IRS rules and regulations

Ability to interact effectively with internal and external customers

Requires strong computer skills in Bloomberg Analytics, FactSet, TMS systems (i.e., Kyriba) and Microsoft Access, Excel and Word

High school diploma (or equivalency) and legal authorization to work in the U.S

Preferred

Bachelor's degree

MBA or advanced degree in Finance or Finance-related area of study

CFA, CTP, CPA, JD, FRM, and/or CRMP

Demonstrated expertise in financial industry and insurance industry

Benefits

Medical, dental, and vision insurance

Life insurance

401k

Paid Time Off (PTO)

Volunteer Paid Time Off (VPTO)

And more

Company

Blue Cross and Blue Shield of Minnesota

Glassdoor4.0

About Blue Cross Blue Cross and Blue Shield of Minnesota is a taxable, nonprofit organization with a mission to make a healthy difference in people’s lives.

Founded in 1933

Eagan, Minnesota, USA

1001-5000 employees