High-Yield Investment Research Analyst

Progressive is dedicated to helping employees move forward and live fully in their careers. Your journey has already begun. Apply today and take the first step to Destination: Progress. As a high-yield investment research analyst, you'll conduct research analysis on non-investment grade companies and support the research efforts and portfolio construction of a portfolio manager. In this role, you’ll work closely with portfolio managers on in-depth issuer, industry and security research and valuation, while following market, issuer and security developments. Minimum Qualifications Bachelor's degree and a minimum of six years of relevant work experience OR a master's degree or higher, with at least four years of relevant work experience Preferred Skills Knowledge of fixed income, bond math, yield curve dynamics, accounting, corporate credit analysis, financial modeling, covenants, macro-economics and market regulations. Ability to independently conduct fixed income research; analysis may focus on individual securities, issuers or sectors. Knowledge and understanding to make buy/sell recommendations Strong relationship building skills with ability to build and maintain relationships with dealers and execute trades Compensation Base: $160,000 - $190,000/year depending on position level and experience Gainshare annual cash incentive payment up to 60% - 70% of your eligible earnings based on company performance and experience level Participation in our restricted stock units plan Benefits 401(k) with dollar-for-dollar company match up to 6% Medical, dental & vision, including free preventative care Wellness & mental health programs Health care flexible spending accounts, health savings accounts, & life insurance Paid time off, including volunteer time off Paid & unpaid sick leave where applicable, as well as short & long-term disability Parental & family leave; military leave & pay Diverse, inclusive & welcoming culture with Employee Resource Groups Career development Equal Opportunity Employer Applicants must be authorized to work for any employer in the U.S. without the need or potential need, of current or future sponsorship for employment. Progressive does not hire candidates with (e.g., F-1 CPT, OPT, or STEM OPT, H-1B, O-1, E-3, TN) statuses for this role. For ideas about how you might be able to protect yourself from job scams, visit our scam-awareness page at #J-18808-Ljbffr Progressive Insurance