ABOUT PENN MUTUAL ASSET MANAGEMENT
Penn Mutual Asset Management. LLC (“PMAM”) is a registered investment adviser and wholly owned subsidiary of The Penn Mutual Life Insurance Company. PMAM is focused on risk-based institutional asset management, advisory and investment operation services. We are dedicated to creating value through a prudent, thoughtful, and rigorous investment decision-making process. We tailor our proven approach to generate solid risk-adjusted returns that result in consistent earnings, while balancing the need for capital preservation to achieve each client’s strategy and goals. As of July 31, 2019, Penn Mutual Asset Management manages approximately $27 billion in client assets all of which is managed on a discretionary basis.
PMAM’S INVESTMENT PHILOSOPHY
Investing is one of the company’s core-competencies as evidenced by our strong, long-term track record of absolute and relative performance. Our current strong capital base has been bolstered over the years due to a focus on total return in addition to generating income to support the company’s products. Our investment philosophy centers on a top-down and bottoms-up approach that looks to identify with relative value at the sector, industry, company, and security level. We believe that relative value can only be made by having a fundamental understanding of the cause and effect relationships that impact an asset class or security. Our mutual structure allows us to have a long-term focus and make the best long-term economic decisions for the company. We operate in a total return environment; however, we must constantly balance that against the needs and constraints of the liabilities that our investments support.
POSITION OVERVIEW
As the Operations Analyst, you will establish and build client and strategic partner relationships through investment accounting operations and initiatives. The position will work closely with strategic accounting partner to provide timely and accurate investment data, accounting and reporting for insurance assets on a Statutory, GAAP, Management and Tax basis. A key responsibility will be oversight of the accounting process to ensure accurate and effective reporting to our clients. Clear and effective verbal and written communication skills are necessary for daily exchanges with our clients and to lead monthly and quarterly meetings with client and strategic partner executive teams. The PMAM team works in a collaborative environment. The successful candidate is results-driven, execution-focused with a collaborative style and a passion for continuous learning who will contribute to the success of PMAM.
RESPONSIBILITIES
Required Skills
Required Experience
EDUCATION/LICENSES/PROFESSIONAL DESIGNATIONS
ALL ASSOCIATES EXEMPLIFY OUR PENN MUTUAL/PMAM VALUES:
ACTING WITH INTEGRITY—We have the conscious intention to do the right thing.
RESPECTING ONE ANOTHER—We see each other’s distinctiveness as a valued asset.
FOCUSING ON RELATIONSHIPS—We foster meaningful connections with others.
SUSTAINING OUR LEGACY—We are trusted guardians for what we promise.
A SHARED SENSE OF BELONGING—We evoke our place as part of a world that we influence and influences us.
FOR LEADERSHIP ROLES WITHIN PENN MUTUAL/PMAM, WE BELIEVE THE BELOW CHARACTERISTICS ARE ESSENTIAL:
EXECUTION FOCUSED – “Gets it done” and drives progress and results towards strategic objectives.
STRATEGIC – “Sees the big picture and challenges boundaries,” takes risks and innovates to execute and advance Penn Mutual’s and PMAM’s strategies.
AUTHENTIC – “Keeps it real” and is principled, transparent, trustworthy and accountable.
DECISIVE – “Makes the call” and demonstrates courage, confidence and a bias for action.
EMPOWERING – “Develops people” and sets clear expectations, delegates effectively and encourages risk taking.
INFLUENTIAL – “Sets the tone” and inspires, motivates and persuades others through their decisions and actions.
PENN MUTUAL/PMAM IS COMMITTED TO EQUAL EMPLOYMENT OPPORTUNITY (EEO). WE PROVIDE EMPLOYMENT AND ADVANCEMENT OPPORTUNITIES TO ALL QUALIFIED APPLICANTS AND ASSOCIATES, ACCORDING TO APPLICABLE LAWS. THIS IS REFLECTED IN OUR PRACTICES FOR HIRING, PLACEMENT, PROMOTION, TRANSFER, DEMOTION, LAYOFF, TERMINATION, RECRUITMENT, COMPENSATION, SELECTION OR TRAINING, AND ALL OTHER TERMS AND CONDITIONS OF EMPLOYMENT. ALL EMPLOYMENT-RELATED DECISIONS AND PRACTICES ARE FREE FROM UNLAWFUL DISCRIMINATION. THIS INCLUDES: RACE, CREED, COLOR, NATIONAL ORIGIN, ANCESTRY, CITIZENSHIP AGE, GENDER (INCLUDING PREGNANCY), SEXUAL ORIENTATION, GENDER IDENTITY OR EXPRESSION, DOMESTIC PARTNERSHIP OR CIVIL UNION STATUS, MARITAL STATUS, GENETIC INFORMATION, DISABILITY, RELIGIOUS OBSERVANCE OR PRACTICE, LIABILITY, VETERAN STATUS OR ANY OTHER CLASSIFICATION PROTECTED UNDER APPLICABLE LAW.
LEADERS MAY, AT THEIR DISCRETION, CHANGE THE RESPONSIBILITIES IN THIS POSITION DESCRIPTION AT ANY TIME DUE TO REASONABLE ACCOMMODATION AND/OR OTHER BUSINESS REASONS.
ABOUT THE PENN MUTUAL LIFE INSURANCE COMPANY
Penn Mutual is committed to helping people live life with confidence. At the heart of this purpose is the belief that life insurance is central to a sound financial plan. Through our network of trusted advisers, we are dedicated to helping individuals, families and businesses achieve their dreams. Penn Mutual supports its advisers with retirement and investment services through its wholly owned subsidiary Hornor, Townsend & Kent, LLC, member FINRA/SIPC. Visit Penn Mutual at www.pennmutual.com.