VP, Investments

We are Hiring! Investment Manager

Location:

La Jolla, CA Why choose Palomar?

Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Palomar welcomes self-motivated individuals to our thriving company. Guided by an entrepreneurial spirit, Palomar is building a dynamic and diverse team.

Join a company built on a culture of agility, innovation and authenticity that delivers peace of mind and protection to individuals and businesses impacted by adversity.

Want to learn more about our exciting journey? Go to  to learn more. Investor Relations – Palomar Holdings, Inc. ()

Reporting to the Executive Vice President of Investments, the VP, Investments will focus on developing and implementing major aspects of the investment strategy for Palomar’s $1.3 billion investment portfolio. As a leader on the investment team, the position will be responsible for overseeing several of the major investment portfolio decisions, a portion of which will be in coordination with third-party asset managers.

Responsibilities will include both individual security selection as well as broader asset allocation and sector decisions. The position will also be responsible for sourcing and managing new potential relationships with specialist asset managers and optimizing the management of Palomar’s cash and cash equivalents.

• Collaborate as one of the lead members of an investment team overseeing a $1.3 billion multi-asset portfolio spanning both public and private market strategies.
• Develop, evaluate, and recommend long term asset allocation strategies to optimize yield while maintaining a strong focus on capital preservation and liquidity.
• Execute security-selection decisions over shorter time horizons, participate in new-issue evaluation and pricing, and implement tactical adjustments to portfolio positioning.
• Design, review, and recommend strategies for cash investment, cash pooling, and collateral management to ensure optimal use of resources.
• Lead the development and implementation of Investment Policy updates aligned with business objectives and growth priorities.
• Monitor and evaluate investment manager performance and direct manager selection processes when new mandates are required.
• Mentor, educate, and support emerging talent on the portfolio management team.

• Bachelor’s degree in finance, accounting, economics or other business-related field, but flexible if experience and requirements are met
• 5+ years of fixed income investment management experience
• Strong understanding of fixed income instruments and investment strategies including investment grade and high yield corporate credit, mortgage-backed securities, structured credit, municipals, equities including preferred equities, and alternatives including both private equity and private credit, etc.
• Strong analytical skills with the ability to conduct in-depth research and make convicted investment decisions, following comprehensive research and analysis.
• Investment experience both at the security level and the broad sector and asset level with an understanding of credit and duration risk within an asset liability framework
• Advanced experience with Bloomberg, Microsoft PowerPoint, Word and Excel
• Experience establishing and fostering relationships with external parties.

• Build strong relationships through transparency, trust, and respect for each other.
• Work in an agile environment, with a resilient mindset to find creative solutions to challenges.
• Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.
• Do the right thing with strong conviction and integrity.
• Be bold and innovative to help make an impact.
• If you thrive in a dynamic environment, and like working with happy, authentic, talented people, you will enjoy a career with Palomar!

• Full Suite of Medical Benefits
• Long Term Financial
  
  Incentives:
  
  All team members receive company equity.
• 401k with 3.5 automatic fully vested Employer Contribution
• Competitive PTO + Holiday Program
• Hybrid Work Environment
• Lifestyle…