Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.
Job Summary:
Group 1001 Innovations is seeking an Investment Associate to join the team. The Investment Associate will support the origination, structuring and oversight of investments across a broad variety of industries, including, but not limited to, financial services, real estate, technology and sports, media and entertainment. The Investment Associate will gain experience to a multitude of asset classes, including, but not limited to, structured credit, asset-backed lending, venture debt and private equity. This individual will work cross-functionally with various teams across the organization.
Specific responsibilities include:
- Originate investment opportunities by establishing and maintaining relationships with entrepreneurs, intermediaries, and other investors
- Perform surveillance of existing investments, including reviewing performance reports and third-party research, following news and developments, interacting with internal/external subject matter experts, and advising portfolio companies
- Develop and analyze financial models, including investment scenario analyses
- Perform due diligence and conduct market research for potential investments
- Prepare marketing presentations, term sheets and analysis of emerging industries and novel asset classes, as well as reports and materials for internal and external consumption
- Maintain investment files, which include providing memorandums for initial transaction approval, periodic written commentary, updated cashflows and analytics for existing investments
Skills & experience required:
- Bachelor’s degree with strong academic track record
- 3+ years of related work experience in investment banking, private credit or private equity
- Experience with financial statement evaluations and cash flow modeling
- Strong quantitative skills; Microsoft Excel modeling experience required
- Familiarity with legal documents
- High level of analytical, strategic, and lateral thinking; attention to detail and precision
- Strong executive presence with skills in presentation development and professional writing
- Ability to work independently, taking ownership of projects by acting as project manager as well as working in a “hands-on” capacity
- Personal drive and determination; comfortable operating in a fast-paced, dynamic environment
In addition, the ideal candidate will possess:
- A team-oriented mindset
- Intellectual curiosity
- High degree of self-motivation
- Excellent communication and organizational skills
- Exceptional attention to detail
- Analytical thinking
- Sense of urgency
- Ability to adjust to changing deadlines
Compensation:
Our compensation reflects the cost of labor across several U.S. geographic markets. The base pay for this position ranges from $100,000/year in our lowest geographic market up to $160,000/year in our highest geographic market plus bonus. Pay is based on a number of factors including market location and may vary depending on job-related knowledge, skills, and experience.
Benefits Highlights:
Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability, and to enroll in the Company’s Employee Assistance Program and other wellness initiatives. Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.
Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.
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What We Do
Group 1001 Insurance Holdings, LLC (“Group 1001”) is an insurance holding company in the United States, with current combined assets under management of approximately $57.5 billion as of June 30, 2022, and a mission for setting a new standard in the insurance industry by making insurance more useful and intuitive for everyone.
Group 1001 is a long-standing, nimble, and tech-driven financial services enterprise established on deep industry expertise and reliable delivery of long-term value through empowering its customers, employees, and communities. Leveraging upon its record of building successful businesses and strong operating fundamentals, Group 1001 powers the next generation of insurance businesses with useful and intuitive solutions and products accessible to everyone. Group 1001 invests in strategic partnerships as part of our mission to transform communities through sports and education.
Group 1001 and our subsidiaries have a strong commitment to service and community transformation. Education and sports initiatives, coupled with impactful partnerships, allow Group 1001 to improve lives through positive change in our communities.
Learn more at Group1001.com.
