Equity Research Associate/VP - Life Insurance
Primary Responsibilities
- Create and maintain earnings, valuation and industry models leveraging skills in accounting, finance and economics.
- Perform reserve analysis, and actuarial valuation reports based on filings.
- Write research reports for initiations of coverage, analysis of data, earnings results, and industry news.
- Interact with institutional investors, respond to requests for models and data analysis.
- Keep abreast of industry-related news flow.
- Analyze implications of news/industry developments to companies under coverage.
- Develop and maintain relationships with investor relations personnel and management of companies under coverage.
- Conduct industry diligence and primary research through surveys, expert conference calls, and various channel checks to evaluate industry trends.
- Assist internal sales and trading teams in the timely analysis of breaking news in the sector.
Qualifications
- 2+ years of professional experience in Life Insurance Industry, Insurance Consulting, Rating Agency, Equity Research, Investment Banking, Capital Markets or Actuarial background.
- Experience utilizing Excel to Build / Maintain Financial models, an advanced level of excel proficiency is expected and required.
- Experience writing in a professional capacity, e.g., crafting equity research notes / correspondence; presentation and/or development of industry reports.
- Adaptable and able to work well under pressure.
- Strong attention to detail is a must.
- Life insurance industry experience is a plus.
Pay
Expected base pay rates for the role will be between $150,000 and $200,000 per year for Associate, and between $225,000 and $250,000 per year for VP, at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Schedule
Not specified.
Benefits
Not specified.
Skills
Not specified.
Benefits
Not specified.
About the Role
Morgan Stanley Investment Research is uniquely committed to being an essential part of our clients' investment process. We strive to be the sell-side research provider that best understands the buy side. Through relevant and timely conversations with leading investors, we focus resources on risk-reward essentials: identifying the investor debates, assessing the potential outcomes, and uncovering the evidence our clients need to validate their investment decisions. Our equity analysts cover some 3,000 stocks; our economists, strategists and fixed income analysts cover all major regions and other asset classes around the globe.