Vice President of Investments - Bloomington, United States - SFM Companies (SFM Mutual Insurance)

Description

Join our dynamic finance team where you will be responsible for overseeing SFM's general account portfolio design, fund deployment, and governance. SFM has had significant growth in the last few years, as such our assets have grown.

In this newly created role, you will ensure that the investment portfolio supports long-term surplus objectives and short-term liquidity requirements. Working proactively directing consultants and third-party asset management partners through initial diligence, strategic and tactical asset allocation (SAA and TAA) studies, performance and risk analyses, and regulatory compliance is a key function in this position. You will serve as the internal resource for independent market analysis and response, work closely with the CFO and other key stakeholders within the organization and interact with the board of directors.

Remote work is offered; the preferred location for the person hired for the role is in MN, but persons living in our core operating states of IA, SD, WI, NE or KS will be considered. The Corporate Headquarters are in Bloomington MN.

Benefits include:

What You Will Be Doing:

1. Directs third-party investment consultant and asset manager activities. Executes canvasing/searches, due diligence, onboarding, monitoring and exit. Ensures third-party investment partnerships attend to contracted service and performance standards.
2. Constructs strategic and tactical asset allocation (SAA and TAA) studies in partnership with third parties. Optimizes integration with enterprise capital models. Aligns portfolio through tactical mandates and deployment of cash.
3. Coordinates policy, performance, and compliance reporting for the Board of Directors investment committee.
4. Masters forward-looking knowledge of capital markets, regulatory environment, tax implications, liquidity management, ratings support, credit and investment initiatives. Positions investment portfolio for preemptive response.
5. Chairs the corporate investment committee. Responsible for agenda content, reporting, group facilitation and garnering executive support for recommendations to bring before the Board of Directors.
6. Sets investment-related governing documentation, including contracts, corporate investment policy statements (IPS), and investment management agreements (IMA).
7. Partners with Finance to perform investment-related responsibilities for cash management, budget, forecasting, and the Department of Insurance quarterly/annual statement reporting.
8. Participates in investment conferences, networks and industry events.

What We'll Love About You

Physical Requirements

Work takes place in a semi paperless environment within an office setting, either on business premises or other remote location, using standard office equipment such as computers, phones, and photocopiers, which requires being stationary for extended periods of time. While performing the duties of this job, the employee is regularly required to talk or hear, and maintain concentration and focus. The employee frequently is required to stand; walk; use hands and fingers, handle or feel; and reach with hands and arms and work with close vision. This position requires the ability to occasionally lift office products and supplies, up to 20 pounds. Work is performed indoors with little to no exposure to extreme outdoor weather conditions. Regular attendance is required.

SFM is unique in that we are small enough that your voice is heard, but has all the benefits and perks of a larger employer. We value your opinion, help you reach your goals, and make it easy for you to maintain work-life balance. Find out why our employees rate us a top employer and choose to stay and grow with us. Find out why SFM employees have stuck around for 30+ years

About SFM

Since 1983, our mission has been to be the workers' compensation partner of choice for agents, employers and their workers. In that time, we have expanded to over 25,000 customers in the Midwest and grown our offerings to include vocational rehabilitation, loss prevention, medical services and more. SFM values our employees and believe that their success is our success.

SFM Mutual Insurance Company and each of its parent companies, subsidiaries and/or affiliated companies are Equal Opportunity/Affirmative Action Employers. All employment decisions are made without regard to race, color, religion, sex, national origin, age, sexual orientation, marital, familial, or veteran status, medical condition or disability, or any other legally protected classification.

SFM Companies, EEO/AA Employers. SFM is a participant of E-Verify