At Blue Cross and Blue Shield of Minnesota, we are committed to paving the way for everyone to achieve their healthiest life. We are looking for dedicated and motivated individuals who share our vision of transforming healthcare. As a Blue Cross associate, you are joining a culture that is built on values of succeeding together, finding a better way, and doing the right thing. If you are ready to make a difference, join us.
The Impact You'll Have The Investment Analyst will support all aspects of enterprise investment portfolios. This includes but is not limited to strategic asset allocation recommendations, assessment of financial markets, investment performance management, development of investment strategies, liquidity management across the enterprise, assessment of investment risks, development of investment risks analysis and models, and development of investment board-related content. The Investment Analyst will work on multiple simultaneous projects at any given time. This Investment Analyst will report directly to the Investment Director. What You'll Do
- Conduct investment, industry, market, and company research to support investment decisions, due diligence activities, and special projects.
- Develop financial models, analytics, KPI reporting, forecasts, and performance analysis to provide insights on investment results, risks, and business performance.
- Support investment management and risk monitoring processes by preparing reports, ensuring compliance with policies and controls, and maintaining relationships with key investment stakeholders.
- Assist with industry, market, and company research.
- Assist with commentary on performance results, including the impact of market factors and other drivers.
- Assist with financial, analytical, and project management support for financial and operational due diligence processes.
- Assist with the development of models, analytics, peer comparisons, management reporting, and key performance indicators (KPIs).
- Participate in and assist with the preparation of monthly, quarterly, and annual reports, including budget/forecasting cycles.
- Support investment management decision-making and compliance with investment policies.
- Support the development of risk models and daily risk monitoring through operational and systematic controls and reports.
- Adhere to conducting work through development and approved policies, processes, and controls to ensure compliance and to mitigate risks for the organization.
- Establish, develop, and maintain effective relationships with an investment contact network to maximize the flow of information and enhance the research process.
- Provide research and decision support related to special projects as needed.
- Performs additional responsibilities consistent with the scope and level of the role, as assigned.
- 3+ years of related finance professional experience.
- Bachelor’s degree; in lieu of a degree, an additional two years of relevant experience beyond the qualifications listed above may be accepted.
- Ability to tailor communication to varied audiences, actively listen to uncover requirements, and ensure accurate and timely information exchange.
- Ability to analyze information, identify patterns and root causes, and collaborate with partners to implement practical solutions.
- Ability to effectively organize work, balance competing priorities, and manage time across multiple responsibilities and deadlines.
- Demonstrated knowledge in financial industry and insurance industry (i.e., health, captive, and/or life).
- Knowledge of financial markets, treasury, investments, risk management.
- Knowledge of financial markets, enterprise treasury, investments and risk management.
- Knowledge of NAIC, SEC, and IRS rules and regulations.
- Experience with Bloomberg Analytics, FactSet, and TMS systems (i.e., Kyriba).
Role designation definition:
- Teleworking is working full time remote.
- Hybrid is a minimum of 2 days onsite.
- Onsite is full-time onsite.
Anchored in Connection
Our hybrid approach is designed to balance flexibility with meaningful in-person connection and collaboration. We come together in the office two days each week – most teams designate at least one anchor day to ensure team interaction. These in-person moments foster relationships, creativity, and alignment. The rest of the week you are empowered to work remote.
Compensation and Benefits $79,100.00 - $104,800.00 - $130,500.00 AnnualPay is based on several factors which vary based on position, including skills, ability, and knowledge the selected individual is bringing to the specific job.
We offer a comprehensive benefits package which may include:
Medical, dental, and vision insurance
Life insurance
401k
Paid Time Off (PTO)
Volunteer Paid Time Off (VPTO)
And more
To discover more about what we have to offer, please review our benefits page.
Equal Employment Opportunity StatementAt Blue Cross and Blue Shield of Minnesota, we are committed to paving the way for everyone to achieve their healthiest life. Blue Cross of Minnesota is an Equal Opportunity Employer and maintains an Affirmative Action plan, as required by Minnesota law applicable to state contractors. All qualified applications will receive consideration for employment without regard to, and will not be discriminated against based on any legally protected characteristic.
Individuals with a disability who need a reasonable accommodation in order to apply, please contact us at: [email protected].
Blue Cross® and Blue Shield® of Minnesota and Blue Plus® are nonprofit independent licensees of the Blue Cross and Blue Shield Association.
Physical requirements.
Skills Required
- 3+ years of related finance professional experience
- Bachelor's degree, or an additional two years of relevant experience in lieu of a degree
- Ability to tailor communication to varied audiences and ensure accurate, timely information exchange
- Ability to analyze information, identify patterns and root causes, and collaborate on practical solutions
- Ability to organize work, balance competing priorities, and manage multiple deadlines
- Knowledge of the financial and insurance industries
- Knowledge of financial markets, treasury, investments, and risk management
- Knowledge of NAIC, SEC, and IRS rules and regulations
- Experience with Bloomberg Analytics, FactSet, and treasury management systems such as Kyriba
Blue Cross and Blue Shield of Minnesota Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Blue Cross and Blue Shield of Minnesota and has not been reviewed or approved by Blue Cross and Blue Shield of Minnesota.
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Retirement Support — The program combines a 401(k) match with additional company retirement contributions and a cash balance pension. This multi-pronged design strengthens long-term financial security beyond standard offerings.
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Parental & Family Support — Benefits include fully paid parental leave, adoption/surrogacy/foster assistance, and childcare support. These resources provide meaningful support across diverse family needs.
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Leave & Time Off Breadth — PTO that increases with tenure, multiple paid holidays, personal days, and paid volunteer time are paired with flexible scheduling. This breadth supports sustained work-life balance across career stages.
Blue Cross and Blue Shield of Minnesota Insights
What We Do
Blue Cross and Blue Shield of Minnesota is a taxable, nonprofit organization with a mission to make a healthy difference in people’s lives. Chartered in 1933 as Minnesota’s first health plan, we’ve promoted wider, more economical and timely availability of health services for the people of Minnesota for 80+ years. Blue Cross® and Blue Shield® of Minnesota is a nonprofit independent licensee of the Blue Cross® and Blue Shield® Association.
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