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.
Why This Role Matters:
The Investment Management division of Group 1001 currently has $50bn+ AUM and consists of a team of 34 based in Waltham, MA and NYC. Areas of investment focus include corporate credit and structured products.
The Associate position is located in our NY office and will be dedicated to specializing in Esoteric ABS / Specialty Finance. There are opportunities for growth and additional responsibility as the person in the position develops their skill and knowledge. The role will work day-to-day with a small group within the larger investment team. The team is diverse with a positive culture and offers work/life balance. If you like a strong team dynamic and have a sense of entrepreneurialism, this is a great opportunity for you!
What You'll Do:
- Evaluate Esoteric ABS / Specialty Finance opportunities in both public and private markets
- Contribute to all phases of the investment process: idea generation, credit analysis and underwriting, transaction structuring, trade execution, and surveillance
- Assist in deal term negotiations, review transaction materials and perform analysis
- Construct and model bespoke, securitized structures for esoteric assets
- Interface with bank sales and trading teams; build and develop relationships; manage incoming deal flow and forward investment pipeline
- Identify new investment ideas and opportunities
- Support ad-hoc projects as needed
We are looking for:
- 3-5 years of relevant experience in an investment management firm, investment bank, rating agency, accounting firm, or consulting firm.
- Experience in one or more asset classes: esoteric ABS, asset backed lending, specialty finance
- Self-starter capable of independently executing on existing strategy who takes accountability for his/her work product
- Strong team player with a collaborative mindset.
- Solid technical capabilities with financial modeling and cash flow analysis experience
- Proficient in Microsoft Excel, Power Point, Word, Intex, and other financial tools.
- Attention to detail and ability to multi-task and meet tight deal/project deadlines
- High personal and ethical standards
Compensation:
Our compensation reflects the cost of labor across several U.S. geographic markets. The base pay for this position ranges from $130,000/year in our lowest geographic market up to $150,000/year plus bonus in our highest geographic market. 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. All employees (regardless of hours worked) have immediate access to the Company’s Employee Assistance Program and wellness programs—no enrollment is required. 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.
#LI-JT1Skills Required
- 3-5 years of relevant experience in investment management, investment banking, or consulting
- Experience in esoteric ABS or specialty finance
- Strong technical capabilities with financial modeling and cash flow analysis experience
- Proficient in Microsoft Excel, Power Point, Word, Intex
Group 1001 Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Group 1001 and has not been reviewed or approved by Group 1001.
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Fair & Transparent Compensation — Pay is considered competitive for many specialized and senior roles, with employer-posted salary ranges providing clarity for candidates. Job postings indicate market-aligned compensation in several corporate, tech, and sales functions.
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Leave & Time Off Breadth — Time off is portrayed as generous, including paid holidays and multiple leave types alongside hybrid work options for eligible roles. Some positions also offer remote flexibility that supports overall work–life balance.
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Retirement Support — Retirement offerings include a 401(k) with company matching and are emphasized as a core part of total rewards. Certain postings reference immediate vesting, reinforcing attention to long-term savings.
Group 1001 Insights
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.
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