<p>Description</p> <p>Investment Officer</p> <p>Investment Department</p> <p>50 Amica Way. Lincoln, RI 02865</p> <p>Thank you for considering Amica as part of your career journey, where your future is our business.</p> <p>At Amica, we strive to build a culture of belonging where employees are encouraged to share their unique experience to enrich our workplace, strengthen our company's mission and broaden our vision of what's possible. We're focused on creating a workplace that works for all. We'll continue to provide training, guidance, and resources to make Amica a true place of belonging for all employees. Want to learn more about our commitment to diversity, equity, and inclusion? Visit our DEI page to read about it!</p> <p>As a mutual company, our people are our priority. We seek differences of opinion, life experience and perspective to represent the diversity of our policyholders and achieve the best possible outcomes. Our office located in Lincoln, RI is seeking a Senior Fixed Income Credit Analyst to join the team!</p> <p>Job Overview:</p> <p>The Investment Officer is responsible for evaluating, monitoring, and making recommendations on fixed income investments within the insurance company's general account portfolio. This role plays a critical part in ensuring the company achieves its investment objectives of preserving capital, generating stable returns, and maintaining compliance with regulatory and rating agency requirements.</p> <p>Responsibilities:</p> <ul> <li>Conduct rigorous, in-depth fundamental credit analysis of U.S. and global investment-grade public corporate issuers and securities across all major sectors. </li><li>Evaluate issuer financial statements, capital structures, liquidity profiles, management quality, business models, competitive positioning, and industry dynamics to form forward-looking credit opinions. </li><li>Monitor and assess rating agency actions, outlooks, and methodologies, incorporating implications for credit risk, NAIC designation, and regulatory capital treatment. </li><li>Analyze macroeconomic conditions, interest rate movements, and credit market trends to inform sector outlooks, relative value assessments, and portfolio positioning. </li><li>Identify relative value opportunities across sectors, issuers, maturities, and capital structures within the investment-grade corporate bond market. </li><li>Develop, document, and present clear buy/hold/sell recommendations to portfolio management, supported by thorough credit rationale and downside risk assessment. </li><li>Ensure all investment recommendations align with the company's risk tolerance, asset-liability management (ALM) objectives, liquidity needs, and insurance regulatory guidelines, including RBC considerations. </li><li>Monitor existing portfolio holdings for changes in credit quality, financial performance, covenant compliance, and emerging risks, proactively identifying improving or deteriorating credit trends. </li><li>Execute and monitor trades in coordination with portfolio management, ensuring adherence to portfolio strategy, internal investment guidelines, and prevailing market conditions. </li><li>Perform analytical tracking of individual securities and portfolios, including spread performance, total return attribution, and exposure concentrations. </li><li>Assist in the preparation of portfolio statistics, transaction summaries, and investment commentary for internal reporting and governance purposes. </li><li>Collaborate closely with portfolio managers, risk management, accounting, and operations teams to support accurate investment reporting and effective portfolio oversight. </li><li>Evaluate and recommend enhancements to research tools, analytics platforms, and data providers to improve credit research depth, efficiency, and decision-making. </li><li>Serve as a senior contributor within the investment team, providing mentorship, insight, and market perspective as appropriate. </li></ul> <p>The 37.5-hour work week is scheduled from Monday through Friday, between the core hours of 8:00 AM and 5:00 PM.</p> <p>A hybrid schedule will be available once trained to work independently, with three days reporting to our Lincoln, RI office and two days working from home.</p> <p>This role does not currently offer employment visa sponsorship.</p> <p>Total Rewards:</p> <ul> <li>Medical, dental, vision coverage, short- and long-term disability, and life insurance </li><li>Paid Vacation - you will receive at least 13 vacation days in the first 12 months, amounts could be greater depending on the role. While able to use prior to accrual, vacation time will accrue monthly </li><li>Holidays - 14 paid holidays observed </li><li>Sick time - 6 days sick time at hire, 6 additional days sick time at 90 days of employment </li><li>Generous 401k with company match and immediate vesting. Additionally, annual 3% non-elective employer contribution </li><li>Annual Success Sharing Plan - Paid to eligible employees if company meets or exceeds combined ratio, growth and/or service goals </li><li>Generous leave programs, including paid parental bonding leave </li><li>Student Loan Repayment and Tuition Reimbursement programs </li><li>Generous fitness and wellness reimbursement </li><li>Employee community involvement </li><li>Strong relationships, lifelong friendships </li><li>Opportunities for advancement in a successful and growing company </li></ul> <p>Qualifications:</p> <ul> <li>Education: Bachelor's degree in Finance, Economics, Accounting, or a related field required; MBA and/or CFA designation strongly preferred. </li><li>Experience: Minimum of 10-15+ years of progressive credit research experience covering investment-grade public corporate bonds, preferably within an insurance company, asset manager, rating agency, or sell-side research environment. </li><li>Demonstrated expertise across the full investment-grade corporate bond market, including sector analysis, capital structure evaluation, and relative value assessment. </li><li>Strong understanding of insurance investment considerations, including statutory accounting, NAIC designations, and risk-based capital (RBC) implications. </li><li>Excellent analytical, organizational, communication, and interpersonal skills, with the ability to clearly articulate complex credit views to senior stakeholders. </li><li>High proficiency with Excel, Word, Outlook, and Bloomberg; familiarity with BondEdge, FactSet, or comparable fixed income analytics and risk management systems preferred. </li></ul> <p>Amica conducts background checks which includes a review of criminal, educational, employment and social media histories, and if the role involves use of a company vehicle, a motor vehicle or driving history report. The background check will not be initiated until after a conditional offer of employment is made and the candidate accepts the offer. Qualified applicants with arrest or conviction records will be considered for employment.</p> <p>The safety and security of our employees and our customers is a top priority. Employees may have access to employees' and customers' personal and financial information in order to perform their job duties. Candidates with a criminal history that imposes a direct or indirect threat to our employees' or customers' physical, mental or financial well-being may result in the withdrawal of the conditional offer of employment.</p> <p>About Amica:</p> <p>Amica Mutual Insurance Company is America's oldest mutual insurer of automobiles. A direct national writer, Amica also offers home, marine and umbrella insurance. Amica Life Insurance Company, a wholly owned subsidiary, provides life insurance and retirement solutions. Amica was founded on the principles of creating peace of mind and building enduring relationships for and with our exceptionally loyal policyholders, a mission that thousands of employees in offices nationwide share and support.</p> <p>Equal Opportunity Policy: All qualified applicants who are authorized to work in the United States will receive consideration for employment without regard to race, color, religion, sex, gender, gender identity, gender expression, sexual orientation, family status, ethnicity, age, national origin, ancestry, physical and/or mental disability, mental condition, military status, genetic information or any other class protected by law. The Age Discrimination in Employment Act prohibits discrimination on the basis of age with respect to individuals who are 40 years of age or older. Employees are subject to the provisions of the Workers' Compensation Act.</p> <p>Amica Mutual Insurance Company is committed to protecting job seekers from recruitment fraud. We never request sensitive personal information or payment during the interview process. All legitimate job opportunities are listed on our official careers site: https://careers.amica.com. Learn more in the "Is Amica hiring?" section of our FAQ.</p> <p>hp</p>