Alternative Investments Analyst

Job Description

Alternative Investments Analyst | Lincoln Financial

The Tone:
This is a full-time role at Lincoln Financial, located in multiple hybrid locations including Radnor, PA; Charlotte, NC; Fort Wayne, IN; Greensboro, NC; Hartford, CT; and Omaha, NE. Lincoln Financial helps millions confidently plan for their financial future through annuities, life insurance, group protection, and retirement plan services, leveraging a 120-year track record of expertise. This role is crucial for strengthening Lincoln’s alternative investment portfolio by providing in-depth research and due diligence, directly influencing strategic investment decisions presented to senior leadership and investment committees.

The TL;DR
• Role: Mid-Career
• Type: Full-time
• Location: Hybrid, Radnor, PA
• Pay: $79601–$145100 yearly
• Team: Member of the investment team
• Mission: Evaluate and monitor alternative investments to inform and execute Lincoln’s portfolio strategy.
• Tech Stack: Microsoft Excel, PowerPoint, Burgiss, Bloomberg, FactSet, PowerBI, Python (interest in learning)

What You’ll Actually Do
• Diligence: Conduct comprehensive investment due diligence on new and existing alternative investment opportunities across various strategies, evaluating track record, team, terms, and risk.
• Research: Perform manager and fund research, including quantitative performance analysis, peer benchmarking, and qualitative assessment of investment process and competitive positioning.
• Strategy: Support portfolio construction and asset-allocation analysis, evaluating how prospective commitments affect diversification, liquidity, risk, and expected return at the total-portfolio level.
• Monitoring: Continuously monitor existing investments, analyzing performance, attribution, and exposures, and communicating identified risks and financial implications to management.
• Reporting: Prepare detailed investment memos, presentations, and recommendations for portfolio managers and investment committees to support decision-making.

The Must-Haves
• Background: Bachelor’s degree in finance, economics, accounting, business, or a related quantitative field, demonstrating foundational knowledge in investment principles.
• Experience: 3+ years of relevant investment experience in alternative investment allocation or private limited partnership investment, coupled with strong financial modeling and valuation skills.
• Skills: Deep knowledge of alternative asset classes (private equity, private credit, real assets, hedge funds) and their return drivers, advanced proficiency in Microsoft Excel and PowerPoint, and excellent written and verbal communication skills for senior stakeholders.
• Bonus: CFA or CAIA designation (or meaningful progress), knowledge of statutory (STAT) and GAAP considerations for alternative investments held by insurers, experience with investment data and analytics tools (e.g., Burgiss, Bloomberg, FactSet, PowerBI), and an interest in learning Python to support data analysis and automation.