VP, Investments at Palomar Holdings Inc.

San Diego, California, United States -

Full Time

Start Date

Immediate

Expiry Date

06 Jan, 26

Salary

315000.0

Posted On

08 Oct, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Investment Management, Fixed Income Instruments, Analytical Skills, Research, Security Selection, Asset Allocation, Cash Management, Relationship Management, Portfolio Management, Credit Risk, Duration Risk, Bloomberg, Microsoft PowerPoint, Microsoft Word, Microsoft Excel

Industry

Insurance

Description

Description We are Hiring! Investment Manager Location: La Jolla, CA Why choose Palomar? Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Palomar welcomes self-motivated individuals to our thriving company. Guided by an entrepreneurial spirit, Palomar is building a dynamic and diverse team. Join a company built on a culture of agility, innovation and authenticity that delivers peace of mind and protection to individuals and businesses impacted by adversity. Want to learn more about our exciting journey? Go to plmr.com to learn more. Investor Relations - Palomar Holdings, Inc. (palomarspecialty.com) The Details: Reporting to the Executive Vice President of Investments, the VP, Investments will focus on developing and implementing major aspects of the investment strategy for Palomar’s $1.3 billion investment portfolio. As a leader on the investment team, the position will be responsible for overseeing several of the major investment portfolio decisions, a portion of which will be in coordination with third-party asset managers. Responsibilities will include both individual security selection as well as broader asset allocation and sector decisions. The position will also be responsible for sourcing and managing new potential relationships with specialist asset managers and optimizing the management of Palomar’s cash and cash equivalents. What will you do? (Job Duties) · Collaborate as one of the lead members of an investment team overseeing a $1.3 billion multi-asset portfolio spanning both public and private market strategies. · Develop, evaluate, and recommend long term asset allocation strategies to optimize yield while maintaining a strong focus on capital preservation and liquidity. · Execute security-selection decisions over shorter time horizons, participate in new-issue evaluation and pricing, and implement tactical adjustments to portfolio positioning. · Design, review, and recommend strategies for cash investment, cash pooling, and collateral management to ensure optimal use of resources. · Lead the development and implementation of Investment Policy updates aligned with business objectives and growth priorities. · Monitor and evaluate investment manager performance and direct manager selection processes when new mandates are required. · Mentor, educate, and support emerging talent on the portfolio management team. Requirements What we are looking for: (Experience) · Bachelor's degree in finance, accounting, economics or other business-related field, but flexible if experience and requirements are met · 5+ years of fixed income investment management experience · Strong understanding of fixed income instruments and investment strategies including investment grade and high yield corporate credit, mortgage-backed securities, structured credit, municipals, equities including preferred equities, and alternatives including both private equity and private credit, etc. · Strong analytical skills with the ability to conduct in-depth research and make convicted investment decisions, following comprehensive research and analysis. · Investment experience both at the security level and the broad sector and asset level with an understanding of credit and duration risk within an asset liability framework · Advanced experience with Bloomberg, Microsoft PowerPoint, Word and Excel · Experience establishing and fostering relationships with external parties. We love people who want to: · Build strong relationships through transparency, trust, and respect for each other. · Work in an agile environment, with a resilient mindset to find creative solutions to challenges. · Collaborate and celebrate diverse perspectives, promoting inclusivity and equality. · Do the right thing with strong conviction and integrity. · Be bold and innovative to help make an impact. · If you thrive in a dynamic environment, and like working with happy, authentic, talented people, you will enjoy a career with Palomar! What will you get in return? · Full Suite of Medical Benefits · Long Term Financial Incentives: All team members receive company equity. · 401k with 3.5% automatic fully vested Employer Contribution · Competitive PTO + Holiday Program · Hybrid Work Environment · Lifestyle Savings Account · Professional Development Assistance · Career Exploration Opportunities · Regular company-wide social events (even virtually!) · To learn more visit us at www.plmr.com Diversity at Palomar At Palomar, we are committed to diversity, equality, and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce, while actively championing equality and inclusion practices that make us a company people want to work with and work for. We believe that diversity, equality, and inclusion yield greater organizational creativity and productivity, which helps us serve our customers and partners more effectively. Delivering on our diversity commitment returns greater value to our shareholders and ultimately makes a positive impact to the communities in which we do business and to the people who live in them. Accommodations: Palomar will consider reasonable accommodations to ensure a qualified applicant with a disability (both visible and invisible) can be considered for the position. Palomar will also consider necessary modifications to the physical work environment, or to the way a job is usually performed, so an individual with a disability can perform the essential functions of the position. Additional accommodations will be considered that enable an employee with a disability to enjoy equal benefits and privileges of employment like those that are enjoyed by other employees without disabilities. For more information about our company, visit us at www.plmr.com. Palomar is an Equal Opportunity Employer. No phone calls or agency solicitation please Pay Range: $215,000 - $315,000 The above pay range is for all US-based roles based on function and level, benchmarked against companies of comparable size and scope. To be compliant with local legislation as well as provide greater transparency to candidates, we disclose salary ranges on all job postings regardless of the desired job location. We also offer a competitive annual discretionary bonus program and the opportunity for annual long-term incentive stock grants. In addition, we offer a highly competitive benefits package. Final offer amounts are determined by multiple factors, including candidate experience and qualifications, and may vary from the amounts listed above. CCPA Job Applicant: #PalomarPride #Insurancejobs #hiring

Responsibilities

The VP, Investments will develop and implement major aspects of the investment strategy for Palomar’s $1.3 billion investment portfolio. Responsibilities include overseeing investment portfolio decisions, security selection, asset allocation, and managing relationships with asset managers.