What is the career path for performance analyst?

I am currently a portfolio management intern at a top insurance company. My manager told me that due to the market downturn, they probably wouldn't be hiring in the research/portfolio management area in the near future but may be able to offer me a full time position as a performance analyst. I was wondering what the career path is like for performance analysts and how hard is it to go from performance to the investment area.

Thanks!

 

First, please clarify. What is a performance analyst? What is your functional role? Is it financial reporting? Is it risk analysis?

Remember, position titles don't translate across industries. Always puts things in the perspective of your "functional" role.

 

PA = tracking how the insurance company's investments are doing vs. their benchmarks. This could be as broad as looking to their equity positions vs. S&P 500 all the way to what the average duration in their core portfolio compares against the Merrill Corporate Bond Index.

If you look at a company like Wilshire Associates, that's a huge part of what their analysts do (same basic skillset).

 

Et magnam omnis omnis corporis voluptatem. Iusto laboriosam accusamus ex. Rerum doloremque amet eveniet sit officia fuga hic. Qui cum deleniti laborum voluptas voluptatem consequatur.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”