Portfolio analytics vs FP&A role at corporate firm

tmathew's picture
Rank: Senior Monkey | 86

What do you think of a role at a large insurance company that has exposure to all asset classes and models as well as production processes for the FO, ERM, Treasury and external stakeholders - a portfolio analytics role
An FP&A analyst role in an operations management team assisting in prepartion of strategy and plans/goals related to financial management, budgeting and accounting.

Comments (14)

Mar 30, 2017

Anyone have any thoughts here? Pros and cons of each?

Mar 30, 2017

What are your near/long term goals?

Mar 30, 2017

I'm interested in moving to Private equity/venture capital long term i.e 5-10 years. Short term - I'm interested in changing careers from engineering to finance. Been looking 2 months now and these 2 are really the first interviews I've had. Just completed HR rounds for both the positions and it looks like only the portfolio analytics role at the Insurance Asset Management firm will be moving forward. What are typical exit opportunities for portfolio analytics roles? Is there a path to PE deals from here?

Mar 30, 2017

Currently work for one of the largest insurance companies. The Asset Management has a lot of different functions including PE, Trading, ER, RE, etc.

Most of my peers are ex-bankers or from other HF/AM that were looking for better work life balance as they have families.

Pros: Lots of mobility and good exposure to the different career options in finance.

Cons: Small risk profiles leading not as "exciting" or "large" number of deals.

Mar 30, 2017

Good to hear that there is lots of mobility for roles and career options within the finance once you take a role in insurance AM. The analytics group at a place like BlackRock would be more back office but it is a front office role at the firm I'm interviewing at. Do you see people move from support roles like Risk and analytics to more traditional front office roles like PE, ER?

Mar 30, 2017

At the firm I am at, portfolio analytics and pricing are back office roles just because they are doing more of the historical analysis and less of the projections (still do a lot of projections/valuations to help FO make proper decisions). They work directly with the PMs and MDs at our firm, so if you are able to prove yourself and show your knowledgeable then I do not see why they would not be flexible in doing a rotational program with you. The reason I say rotation is because these insurance don't necessarily have a training program, it's more so of you learning in the pit.

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Mar 30, 2017