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Amica Insurance · 23 hours ago

Senior Fixed Income Credit Analyst

Rhode Island, United States

Full-time

Hybrid

Senior Level

7+ years exp

Amica Insurance is America’s oldest mutual insurer of automobiles, focused on creating peace of mind and building enduring relationships. The Senior Fixed Income Credit Analyst is responsible for evaluating, monitoring, and making recommendations on fixed income investments to achieve the company’s investment objectives.

AutomotiveInsurance

No H1B

Responsibilities

Conduct in-depth fundamental credit analysis on public and private investment-grade, fixed income issuers and securities

Evaluate financial statements, management quality, business models, rating actions, and industry trends to develop forward-looking credit opinions

Monitor macroeconomic trends and interest rate movements to further inform investment decisions

Identify relative value opportunities across sectors and capital structures

Ensure credit decisions align with the company’s risk tolerance, asset-liability management (ALM) needs, and insurance regulatory guidelines (including NAIC designations and RBC considerations)

Develop and present buy/hold/sell recommendations to portfolio managers and contribute to sector outlooks and investment strategy discussions

Execute and monitor trades in accordance with portfolio strategy, compliance guidelines, and market conditions

Monitor existing holdings for changes in creditworthiness, covenant compliance, and potential rating actions

Work closely within risk management models to ensure adherence to exposure concentrations outlined in Amica’s Investment Policy Statement

Serve as a subject matter expert and contribute to the continuous improvement of the credit research process

Qualification

Credit research experienceFinancial analysisInvestment accounting systemsExcel proficiencyBloomberg proficiencyRisk analytics systemsFiduciary responsibilityAnalytical skillsCommunication skillsDetail-orientedCollaborative mindsetProblem-solving abilities

Required

Bachelor's degree in Finance, Economics, Accounting, or related field

7–10+ years of credit research experience, ideally in insurance, asset management, rating agencies, or sell-side research

Familiarity with insurance company investment constraints (NAIC rules, statutory accounting, RBC framework)

Strong sense of fiduciary responsibility and risk awareness

Collaborative mindset with a proactive approach to team and organizational success

Strategic thinker with strong analytical and problem-solving abilities

Excellent communication, presentation, and interpersonal skills

Highly organized and detail-oriented, with the ability to manage multiple priorities

Advanced proficiency in Excel and Bloomberg with familiarity of BondEdge, Factset or similar risk analytics systems

Experience with investment accounting systems (ie: Clearwater)

Preferred

MBA or CFA designation strongly preferred

Benefits

Medical, dental, vision coverage, short- and long-term disability, and life insurance

Paid Vacation – you will receive at least 13 vacation days in the first 12 months, amounts could be greater depending on the role. While able to use prior to accrual, vacation time will accrue monthly

Holidays - 14 paid holidays observed

Sick time - 6 days sick time at hire, 6 additional days sick time at 90 days of employment

Generous 401k with company match and immediate vesting. Additionally, annual 3% non-elective employer contribution

Annual Success Sharing Plan - Paid to eligible employees if company meets or exceeds combined ratio, growth and/or service goals

Generous leave programs, including paid parental bonding leave

Student Loan Repayment and Tuition Reimbursement programs

Generous fitness and wellness reimbursement

Employee community involvement

Strong relationships, lifelong friendships

Opportunities for advancement in a successful and growing company