Guardian Life Insurance

Reporting to the Head of Private Placements, the Private Placements Professional will work independently with limited direct supervision.

You are

A highly motivated individual with proven experience in a financial services organization evaluating private placement investment opportunities. You have a sound understanding of economics, finance and accounting. Ideally, you will have experience working within the life insurance industry and some understanding of the regulatory environment and capital needs and requirements of an insurance company.

You will

Underwrite new investments in private placement debt: Evaluate potential private placement debt opportunities, most of which will be investment grade. In the process, analyze company and industry data and, with the assistance of the law department, assess document issues. Prepare reports recommending whether or not a potential transaction provides a combination of credit strength, yield and covenant protection that will support Guardian’s goals for its various business divisions.

Manage existing investments in private placement debt: Manage a portfolio of private placement debt investments. Stay up to date on credit developments. Where possible, build relationships with borrowers. Prepare periodic reports assessing performance and credit quality. Assess amendments and other document changes requested from time to time by borrowers.

External networking, marketing, and business relationships: Assist in the process of maintaining good relationships with private placement agents and other potential deal sources. Network with private placement investment professionals at other institutions to keep abreast of market developments. Continually assess which sources of information on credit and business trends are essential.

Ad hoc projects: All investment professionals are encouraged to suggest improvements to current processes; sometimes this will entail working to implement the improvements. In addition, private placement professionals are asked from time to evaluate projects or work on adjacent investment matters of all sorts. Implement a disciplined and methodical approach to ensure management of several projects at the same time.

You have

• Strong knowledge of financial principles and concepts underlying the underwriting and evaluation of private placement debt investments.
• Quantitative skills and ability to apply these skills in deal analysis and portfolio maintenance.
• MBA, CFA, CA, CPA and/or ACA qualifications preferred, though not required.
• Strong verbal and written communication skills. Ability to compose emails (internal & external) that are professional and unambiguous, summarize sophisticated or unwieldy information, listen carefully and take notes where appropriate, and provide responsive answers to questions.
• Ability to manage time effectively in an active environment. This often requires an ongoing reshuffling of priorities, which in turn may require that colleagues are made aware of a shift in focus.
• The willingness to ask for help from colleagues, and provide help to colleagues, when priorities collide.
• Ability to work effectively across the organization, building relationships with members of the investment department and partners in the law department and elsewhere.

Salary Range

$182,000- $234,000

The salary range reflected above is a good faith estimate of base pay for the primary location of the position. The salary for this position ultimately will be determined based on the education, experience, knowledge, and abilities of the successful candidate. In addition to salary, this role may also be eligible for annual, sales, or other incentive compensation.

Our Promise

At Guardian, you’ll have the support and flexibility to achieve your professional and personal goals. Through skill-building, leadership development and philanthropic opportunities, we provide opportunities to build communities and grow your career, surrounded by diverse colleagues with high ethical standards.

Inspire Well-Being

As part of Guardian’s Purpose – to inspire well-being – we are committed to offering contemporary, supportive, flexible, and inclusive benefits and resources to our colleagues.

Health Care

• Choice of [high deductible/copay] medical plans* with prescription drugs, including coverage for fertility and transgender inclusive benefits
• Dental plan
• Vision plan
• Health care accounts – flexible spending, health reimbursement, and health savings accounts
• Critical illness insurance

Life and Disability Insurance

• Company-paid Life and Disability insurance plus voluntary supplemental coverage
• Accident insurance

Retirement and Financial

• 401(k) retirement plan with a company match, plus an annual age/service-based Company contribution and an annual profit-sharing contribution, if applicable
• Complimentary 1:1 financial guidance with a licensed Fidelity representative

Time Off and Remote Work

• Flexible work arrangements (part in-person/part remote)
• Unlimited paid time off for most roles plus time off for volunteering, jury duty, voting, and bereavement
• Personal holidays for colleagues to use in recognition of religious, cultural, or civic days
• Paid parental leave and paid family and medical leave policies

Emotional Well-being and Work-Life

• Emotional well-being, mental health, and work/life resources powered by Spring Health
• Wellness programs, including fitness program and equipment reimbursement
• Child, adult, and elder back-up care support through Bright Horizons
• Adoption assistance
• College planning
• Tuition reimbursement
• Student loan assistance
• Commuter benefits in select metropolitan areas

Benefits apply to full-time eligible employees. Interns are not eligible for most Company benefits.

Equal Employment Opportunity

Guardian is an equal opportunity employer. All qualified applicants will be considered for employment without regard to age, race, color, creed, religion, sex, affectional or sexual orientation, national origin, ancestry, marital status, disability, military or veteran status, or any other classification protected by applicable law.

Accommodations

Guardian is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. Guardian also provides reasonable accommodations to qualified job applicants (and employees) to accommodate the individual's known limitations related to pregnancy, childbirth, or related medical conditions, unless doing so would create an undue hardship. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact applicant_accommodation@glic.com.