Selective Insurance · 4 hours ago
Senior Analyst, Alternatives (HYBRID)
Farmington, CT
Full-time
Hybrid
Senior Level
$133K/yr - $184K/yr
5+ years expSelective Insurance is a midsized U.S. domestic property and casualty insurance company recognized for its strong financial performance and employee satisfaction. The Senior Analyst, Alternatives, will support the VP in managing the firm's alternatives portfolio, taking ownership of key responsibilities across sourcing, diligence, onboarding, monitoring, and reporting, while contributing to manager oversight and investment operations.
FinanceFinancial ServicesInsurance
Responsibilities
Source and Evaluate Investment Opportunities – Meet with asset managers, either independently or with others, and take diligence notes, assess fit for the portfolio, and maintain a forward-looking pipeline in the CRM system. Share insights from external private markets managers that would be relevant to the total portfolio
Assist in Investment Diligence and Memo Preparation – Support the evaluation of new investment opportunities by conducting strategy-level and manager-level diligence and contributing to the preparation of investment recommendation memos
Lead New Manager Onboarding – Coordinate across legal, finance, and tax teams to ensure timely closings and accurate documentation for new investments. This includes completing subscription documents, responding to KYC requests, and updating internal systems with the addition of a new fund
Monitor Portfolio Performance and Manager Reporting – Rigorously monitor, track and report on current alternative manager exposures, including analyzing alternative portfolio performance, attribution, risk trends, peer benchmarking, and the underlying risk characteristics of the portfolio. Organize and participate in meetings with current managers to review strategy, portfolio positioning, and performance
Maintain Investment Records and Internal Systems – Maintain up-to-date information on mandates, managers, and investments in internal databases and third-party systems
Reporting – Produce quarterly investment updates and develop and maintain manager scorecards using qualitative and quantitative analysis. Monitor commitment pacing, NAV, and risk limits against approved targets and policy guidelines
Coordinate Cash Flow Operations – Manage capital calls, distribution notices, and other fund-related documentation, ensuring timely execution and communication with internal stakeholders
Respond to Internal Portfolio Requests – Address ad-hoc inquiries from internal stakeholders—including finance, tax, and the broader investment team, related to the LP portfolio
Provide broader suport to the investment function, including (i) supporting operations, reporting, and analysis on the overall investment portfolio, (ii) collaborating on portfolio construction, investments monitoring, and risk management across asset classes within the overall portfolio, (iii) conducting research projects, and (iv) sharing economic and market insights to help guide portfolio decision-making
Maintain working knowledge of developments in the investment industry, including new products, accounting standards, and regulations. Monitor investment and economic environment for market/portfolio opportunities and risks
Qualification
Required
Strong analytical and problem-solving skills, and attention to detail and process
Experience in investment manager sourcing, due diligence, selection and oversight
Proficiency in Microsoft Office
Proficiency in MSCI/Burgiss Private i is helpful
Investment experience within an insurance company is a plus
Strong verbal and written presentation skills are essential
Conducting asset manager interviews and diligence, managing managers, and cultivating relationships
Networking within the investment community
Writing investment recommendation reports and memos
Team oriented and an ability to work as an integral part of a team. Collaborate with investment team members and other internal departments, including Accounting, Enterprise Risk, Legal, Tax and Treasury
Bachelor's degree is required
5+ years of investment experience
Experience allocating capital to private markets
Preferred
CFA and/or CAIA designation is preferred
Benefits
Comprehensive health care plans
Retirement savings plan with company match
Discounted Employee Stock Purchase Program
Tuition assistance and reimbursement programs
20 days of paid time off
Company
Selective Insurance
At Selective, we maintain a commitment to provide unique insurance solutions that help keep the families and businesses of our communities protected.
1001-5000 employees
H1B Sponsorship
Selective Insurance has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (45)
2024 (32)
2023 (43)
2022 (30)
2021 (29)
2020 (25)
Funding
Current Stage
Public CompanyTotal Funding
$400M2025-02-25Post Ipo Debt· $400M
1978-01-13IPO
Leadership Team
John Marchioni
President and CEO
Patrick S. Brennan
Chief Financial Officer
Recent News
2025-12-09
2025-11-11
Company data provided by crunchbase