CareFirst Careers

Lead Investment Analyst

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Resp & Qualifications

PRINCIPAL ACCOUNTABILITIES: 
Under the general direction of the Senior Director of Investments, the incumbent's accountabilities include, but are not limited to, the following:

Responsible for supporting the entire Investment Portfolio oversight which includes:  Asset allocation, credit quality, investment selection, and compliance for over $750 Million internally managed Fixed Income investment portfolio;  Monitoring of performance and investment manager selection for over $2.5 Billion in the externally managed Corporate and Retirement (Pension and 401(k)) assets including domestic equity, international equity, emerging market equities, core fixed income, TIPS, real assets, and private real estate. 

Support the development of a centralized investment strategy which coordinates financial statement, cash flow, regulatory, investment policy and market constraints for CareFirst.  Additionally, support the development of the corporate, pension and 401(k) investment policies and resolutions. Maintain investment reporting to ensure the accuracy and compliance of all investment portfolios. Support the Plan and forecast the organization’s Investment Income and Capital Gains using portfolio growth and yield modeling. 

Support all treasury management functions for investment accounting, banking, cash applications, debt covenant compliance and investment reconciliation.

  • Investment Accounting - Provide support of all investment schedules for quarterly and annual submissions to regulatory agencies, including related audits (i.e. E&Y, DISB, MIA, VBOI, SOX).  Oversight of FAS133, 157, and 115, including accounting for Other Than Temporary Impairments (OTTI).  Support the Statutory and GAAP footnotes as it relates to gain/loss, maturity and concentration schedules. 
  • Cash Management – Act as a back-up and secondary authorizer for the entire cash management process.  Invest cash to maximize investment returns.  It is critical that the incumbent can fully back-up the Treasury Analyst.
  • Banking - Support bank management relationships including establishing and maintaining effective and productive working relationships with banks, bank RFPs, new banking services, and the resolution of banking service issues for all CareFirst.
  • Cash Applications - Provide support of the Cashier’s office ensuring the timely and accurate deposit of all corporate cash receipts for all CareFirst entities.


    Provides support (creation of Board/Committee packages) for various Boards and Committees including the Retirement Committee, Finance Committee of the Board, and CareFirst Holdings Board.

    Support routine and ad hoc reporting for senior management, internal/external auditors, and regulators including investment quality, investment portfolio total return and strategies, investment and retirement subcommittee reporting packages and cash, portfolio and risk impact analyses as requested.  Participate in various ad hoc projects as assigned by the Senior Director of Investments.

    Responsible for all aspects of credit research including analyzing companies, maintaining credit files, maintaining relative value spreadsheets, and individual company conference calls.  This requires significant due diligence and financial analysis.

                                                    
    QUALIFICATION REQUIREMENTS:

    Required:  Position requires a Bachelor's degree in Accounting or Finance, or relevant technical training/experience, and a minimum of 7+ years of related experience.  This position requires a solid understanding of investment management and/or related functions. 

    Abilities/ Skills: Thorough knowledge of regulations and corporate policies and procedures.  Must be self-motivated individual with excellent organizational work habits.  Proficiency in PC skills including advanced skill level with Microsoft Excel, Word, PowerPoint, and Adobe.  Must be able to handle various tasks simultaneously under time constraints.  The ability to interact with all levels within the organization is critical. The incumbent must possess excellent, proven analytical skills.  Also required are excellent negotiation and problem solving skills, excellent written and oral communication skills, presentation and organizational skills. 

    Preferred: A CFA, CPA or MBA

    Must be able to effectively work  in a fast paced environment with frequently changing priorities, deadlines,  and  workloads that can be variable  for long periods of time.  Must be able to meet established deadlines and handle multiple customer service demands  from internal and external customers, within set expectations for service excellence.   Must be able to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging.

Department

Department: Treasury - Investments

Equal Employment Opportunity

CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer.  It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

Where To Apply

Please visit our website to apply: www.carefirst.com/careers

Closing Date

Please apply before: 7/13/2018

Federal Disc/Physical Demand

Internal applicants: Please visit PeopleSoft/Employee Self Service/CareFirst Careers

Note:  The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly on Federal health care programs.

PHYSICAL DEMANDS:

The employee is primarily seated while performing the duties of the position.  Occasional walking or standing is required.  The hands are regularly used to write, type, key and handle or feel small controls and objects.  The employee must frequently talk and hear.  Weights of up to 25 pounds are occasionally lifted.

The physical demands described here are representative of those that must be met by an employee to perform the essential duties and responsibilities of the position successfully.  Requirements may be modified to accommodate individuals with disabilities.

Sponsorship in US

Must be eligible to work in the U.S. without Sponsorship

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