Investment Analyst I

Division or Field Office:

Investment Division
Department of Position: DEPARTMENT
Work from:
Corporate Office, Erie PA Salary Range:
$69,318.00 - $110,729.00 *

salary range is for this level and may vary based on actual level of role hired for

*This range represents a national range and the actual salary will depend on several factors including the scope and complexity of the role and the skills, education, training, credentials, location, and experience of an applicant, as well as level of role for which the successful candidate is hired. Position may be eligible for an annual bonus payment.

At Erie Insurance, you're not just part of a Fortune 500 company; you're also a valued member of a diverse and inclusive team that includes more than 6,000 employees and over 13,000 independent agencies. Our Employees work in the Home Office complex located in Erie, PA, and in our Field Offices that span 12 states and the District of Columbia.

Benefits That Go Beyond The Basics

We strive to be Above all in Service to our customers-and to our employees. That's why Erie Insurance offers you an exceptional benefits package, including:

• Premier health, prescription, dental, and vision benefits for you and your dependents. Coverage begins your first day of work.
• Low contributions to medical and prescription premiums. We currently pay up to 97% of employees' monthly premium costs.
• Pension. We are one of only 13 Fortune 500 companies to offer a traditional pension plan. Full-time employees are vested after five years of service.
• 401(k) with up to 4% contribution match. The 401(k) is offered in addition to the pension.
• Paid time off. Paid vacation, personal days, sick days, bereavement days and parental leave.
• Career development. Including a tuition reimbursement program for higher education and industry designations.

Additional benefits that include company-paid basic life insurance; short-and long-term disability insurance; orthodontic coverage for children and adults; adoption assistance; fertility and infertility coverage; well-being programs; paid volunteer hours for service to your community; and dollar-for-dollar matching of your charitable gifts each year.

Position Summary

• This position will work primarily with the Municipal Bonds portfolio.
• The Hiring Manager will also consider candidates for Investment Analyst II. Level of position offered will be based upon the depth and breadth of selected candidate's experience and qualifications.

Applies an understanding of the process used in the selection, evaluation and monitoring of investments. Conducts and documents extensive research and analysis to provide manager(s) with financial information, advice and recommendations. Assists with communications to industry contacts as necessary.

Duties and Responsibilities

• Examines and assesses economic and market trends, earnings prospects, financial statements and various other indicators and factors to determine suitable investments.
• Compiles research reports and presents findings and recommendations on new and existing investments.
• Utilizes the internal monitoring processes and procedures to keep abreast of assigned investments.
• Forms and maintains relationships with industry contacts to establish and maintain an orderly information network and to keep up to date on changing economic and market trends.
• Reviews and prepares investment-related reports and legal documents as needed.
• Works closely with and assists other Finance Divisions on any related questions, issues or projects by providing investment data and analysis as needed.
• Updates and maintains various software packages and/or databases used to perform investment analysis.
• Travels for investment due diligence and industry meetings as directed

The first three duties listed are the functions identified as essential to the job. Essential functions are those job duties that must be performed in order for the job to be accomplished.

This position description in no way states or implies that these are the only duties to be performed by the incumbent. Employees are required to follow any other job-related instruction and to perform any other duties as requested by their supervisor, or as become evident.

Capabilities

• Self-Development
• Detail Orientation
• Collaborates
• Cultivates Innovation
• Information Management Skills
• Instills Trust
• Decision Quality
• Job-Specific Knowledge
• Values Diversity
• Nimble Learning
• Customer Focus
• Optimizes Work Processes
• Ensures Accountability

Qualifications

Minimum Educational Requirements

• Bachelor's degree in accounting, finance, mathematics or related field required.

Additional Experience

• Experience analyzing investment portfolios, investment performance, risk modeling or equivalent investment experience preferred.
• Advanced database management, spreadsheet skills and proficiency with Bloomberg preferred.

Designations and/or Licenses

• Masters degree or Chartered Financial Analyst (CFA) designation or in pursuit of CFA preferred.

Physical Requirements

• Lifting/Moving 0-20 lbs; Occasional (
• Lifting/Moving 20-50 lbs; Occasional (
• Ability to move over 50 lbs using lifting aide equipment; Occasional (
• Driving; Rarely
• Pushing/Pulling/moving objects, equipment with wheels; Occasional (
• Manual Keying/Data Entry/inputting information/computer use; Frequent (50-80%)
• Climbing/accessing heights; Rarely