Progressive Insurance

Investment Research Analyst

Posted 17 days ago

Job summary

  • Job post source

    This job is directly from Progressive Insurance

  • Job overview

    The Investment Research Analyst at Progressive Insurance conducts asset class research, supports portfolio managers in security research and valuation, and contributes to portfolio construction.

  • Responsibilities and impact

    The analyst will perform research analysis, execute purchases and sales of securities, and collaborate closely with portfolio managers to monitor market and security developments.

  • Compensation and benefits

    The position offers a salary range of $165,000 to $200,000 depending on experience, an annual cash incentive up to 40%-70%, participation in a restricted stock units plan, 401(k) with company match, comprehensive medical, dental, vision benefits, wellness programs, paid time off, and various leave options.

  • Experience and skills

    Candidates must have a master's degree with 3+ years of relevant experience or a bachelor's degree with 5+ years; preferred skills include knowledge of fixed income, bond math, credit analysis, macroeconomics, ability to conduct independent fixed income research, make buy/sell recommendations, and strong relationship-building skills.

  • Career development

    Progressive offers career development opportunities and supports employees in advancing their careers within the company.

  • Work environment and culture

    The company promotes a diverse, inclusive, and welcoming culture with Employee Resource Groups and supports wellness and mental health programs.

  • Company information

    Progressive Insurance is committed to employee growth and offers comprehensive benefits and competitive compensation, emphasizing a supportive and inclusive work environment.

Company overview

Progressive Insurance is a leading American insurance company that specializes in auto, home, and other personal insurance products. Founded in 1937, Progressive has grown by offering innovative services such as usage-based insurance and a strong online presence, allowing customers to compare rates and manage policies easily. The company generates revenue primarily through insurance premiums and investment income. Progressive is known for its customer-centric approach, continuous technological advancements, and a strong brand presence, exemplified by its popular advertising campaigns featuring the character "Flo."

How to land this job

  • Position your resume to highlight your advanced education and relevant years of experience in investment research, emphasizing any work with fixed income, bond math, or corporate credit analysis as these are key to Progressive Insurance's expectations.

  • Emphasize your ability to conduct independent fixed income research, make informed buy/sell recommendations, and your experience collaborating closely with portfolio managers and dealers to execute trades effectively.

  • Apply through multiple platforms including Progressive Insurance's official careers page and LinkedIn to maximize your application visibility and increase your chances of being noticed.

  • Connect on LinkedIn with professionals in Progressive's investment or portfolio management division; start conversations by referencing recent market trends, asking for insights on their team’s research approach, or expressing genuine interest in their role to break the ice.

  • Optimize your resume for ATS by incorporating keywords from the job description such as 'fixed income research,' 'bond math,' 'portfolio construction,' 'buy/sell recommendations,' and 'corporate credit analysis' to ensure it passes initial automated screenings.

  • Utilize Jennie Johnson's Power Apply feature to automate tailored applications across multiple sites, identify LinkedIn connections for networking, and optimize your resume for ATS, freeing you to focus on preparing for interviews and skill development.

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