Development Programs
Fixed Income Associate Analyst Development Program
Additional Information
What's it Like to Work at Travelers?
Ask Our Program Participants
Meet some of our current and past program participants to learn what it’s really like to work here.
Most undergraduates with a passion for investments only dream about assisting in the management of a
$65 billion investment portfolio. Our recent hires in the Fixed Income unit of the Travelers’ investment
division know this as their daily work environment.
Travelers, a Fortune 100 company, is a leading provider of commercial, consumer and specialty insurance. With insurance offices around the country and overseas, Travelers depends on its investment portfolio to make good on the claims made by policyholders and to create value for its shareholders.
As an institutional “buy-side” investor, Travelers relies on its team of credit and quantitative associates to analyze issuers, securities and our portfolio utilizing skills gained through college-level course work and on-the-job experience. Join Travelers and put your education to work in our three-year Fixed Income Associate Analyst program.
Program Tracks
> Corporate and municipal track associate analysts play an active role in evaluating new and existing securities, sectors and asset classes. Core responsibilities include:
- Monitoring news and externally generated research pertinent to existing and potential securities holdings and communicating this information in a timely and effective manner
- Financial statement and ratio analysis
- Utilizing analytics software and databases to develop new tools and models
- Preparation of reports designed to track deal flow or identify credit or portfolio performance trends
- Fundamental sector and asset class research
- Representing Travelers with respect to in-person, telephonic and Web cast issuer investment presentations
- Presenting investment, portfolio and/or sector analysis in formal and ad hoc meeting formats
> Quantitative track associate analysts play an active role in the use and development of models and processes for analyzing portfolio performance and risk. Core responsibilities include:
- Utilizing software modeling and analytical tools, databases and other decision aids in support of recurring and ad hoc portfolio, transaction and credit analysis needs
- Performing return attribution analysis and evaluating the results
- Designing and building enhanced analytics for modeling fixed income securities
- Participating in the development and implementation of new tools, models and reports to support the portfolio management process
- Preparing of reports designed to identify and/or monitor risk or aid in the analysis of portfolios, transactions, sectors or credits
- Assisting in the maintenance of the treasury futures portfolio
Program Components
- One-on-one mentoring with an investment analyst
- Projects based on a candidate’s level of experience
- Progressively expanding responsibilities
- Opportunities to learn all aspects of the fixed income capital markets
- Sponsor pursuit of the Chartered Financial Analyst (CFA) designation
- Formal training program
Requirements
- Bachelor’s degree with preferred GPA of 3.5 or greater
- Solid leadership abilities
- Strong analytical skills
- Effective oral and written communication skills
- Internship or practical work experience
- Ability to relocate to Saint Paul, Minn.
- Proven ability to work in a team environment
Suggested Majors
- Corporate Track: Accounting, Business, Finance
- Municipal Track: Economics, Liberal Arts, Political Science
- Quantitative Track: Engineering, Mathematics, Science
Locations
Positions are available in Saint Paul, Minn.
How to Apply or back to Development Programs
