Healthcare Analyst

About the role

Alegr is an entrepreneurial, privately owned firm that encourages and empowers its employees to be intellectually curious and continuously improve. We seek individuals who can think independently yet work collaboratively, are motivated to be best in class, challenge the norm, and have fun while doing it. Alger values its employees and rewards them accordingly. We provide ample training to employees and encourage growth in their roles. This culture of continuous improvement is reflected by the fact that many Alger employees have worked at the firm for more than 10 years.

Responsibilities

• Fundamental Research & Investment Analysis:
  • Support fundamental research on small and mid-cap healthcare companies, including financial statement analysis, valuation work, and competitive positioning
  • Assist in building, maintaining, and updating financial and valuation models to support investment theses
  • Participate in primary research, including management meetings, industry conferences, expert consultations, and interactions with sell-side analysts
  • Contribute to internal research notes, company summaries, and investment memoranda
• Portfolio & Idea Generation:
  • Support senior analysts and Portfolio Managers in developing long and short investment ideas consistent with Alger’s investment philosophy
  • Monitor portfolio holdings, including earnings releases, news flow, and material developments
  • Track healthcare sector trends, regulatory developments, innovation pipelines, and reimbursement dynamics, and share insights with the investment team
  • Prepare materials for Portfolio Manager discussions and investment reviews
• Quantitative & Data-Driven Analysis:
  • Utilize internal quantitative tools and screening reports to help identify potential investment opportunities
  • Maintain proprietary databases tracking company fundamentals, product pipelines, and industry metrics
• Team Collaboration & Development:
  • Work closely with healthcare analysts and the broader investment team in a collaborative, fast-paced environment
  • Demonstrate increasing ownership of coverage responsibilities over time, with mentorship from senior team members
  • Support a culture of intellectual rigor, continuous learning, and attention to detail

Qualifications

• Undergraduate degree required in finance, economics, engineering, mathematics, science, or a related field
• MBA and/or CFA designation preferred but not required
• Cumulative GPA of 3.0 or above required in a 4.0 scale
• Minimum 3–4 years of buyside experience required
• Experience covering or working within the healthcare sector preferred
• Foundational understanding of healthcare business models, including regulatory, reimbursement, and innovation dynamics

Skills

• Strong fundamental research capabilities, including financial statement analysis, valuation, and modeling
• Strong fundamental research and analytical skills, including financial modeling, valuation, and industry analysis
• Ability to operate as a healthcare generalist, covering multiple subsectors and business models effectively
• Comfort evaluating a wide range of healthcare companies, including regulatory, reimbursement, and scientific considerations
• Excellent written and verbal communication skills, with the ability to clearly articulate investment ideas
• High level of self-motivation, intellectual curiosity, and disciplined work ethic
• Strong organizational skills and ability to manage multiple coverage responsibilities in a fast-paced environment
• Collaborative mindset with confidence to express independent views and challenge assumptions constructively

Benefits

We offer a comprehensive personal wellness program that provides resources to help you take charge of your physical well-being, encourage a healthy lifestyle, and better manage health care costs. Alger also provides its employees with numerous ways to save and invest, including a comprehensive 401(k) with a generous employer match, financial planning tools, automatic investing plans, and more. Our life management programs include paid time off, sick leave, paid medical leave, paid parental leave, health club membership reimbursement program, and helpful employee assistance programs.

Pay

$150,000-175,000 base salary plus discretionary bonus per performance

Schedule

N/A

Employer Information

Alegr is an Equal Opportunity Employer. It is Alegr’s policy to provide equal employment opportunity to all employees and applicants for employment. No qualified applicant or employee of Alegr shall be discriminated against in employment on the basis of race, national origin, ancestry, religion, gender (including gender identity and gender expression), mental or physical disability, age, sex, sexual orientation, genetic information, military or veteran status, or any other status protected by law (“Protected Characteristic”). This Policy applies to all terms, conditions, and privileges of employment, including but not limited to, hiring, compensation, benefits, promotion, and termination.