Portfolio Analytics Analyst

Job Description:

Penn Mutual Asset Management. LLC (“PMAM”) is a registered investment adviser and wholly owned subsidiary of The Penn Mutual Life Insurance Company. PMAM is committed to serving the institutional marketplace by offering fixed income investment solutions with client-focused services. We tailor our proven approach to generate solid risk-adjusted returns that result in consistent earnings, while balancing the need for capital preservation to achieve each client’s strategy and goals. With over $42 billion in assets under management as of September 30, 2025, we are fixed-income specialists, dedicated to creating value through a prudent, thoughtful and rigorous investment decision-making process.

The Portfolio Analytics Analyst will play a key role in supporting and enhancing PMAM’s portfolio performance, analytics and quantitative reporting infrastructure. As a member of the Trading Operations Team, this role will be highly collaborative, having consistent communications with Portfolio Management, IT, Marketing and Compliance. This role will lead the development, reporting and visualization of analytics and performance while also supporting the preparation of various analytical inputs and data preparation for Board and Committee presentations throughout the year.

We are looking for a highly motivated individual with a strong quantitative background, a genuine interest in fixed income investments and intellectual curiosity. Ideal candidates will bring sharp analytical skills, a collaborative mindset, great attention to detail and a strong eagerness to learn about financial markets, derivatives and insurance-focused asset management.

Job Responsibilities:

• Leverage programming, data analytics and AI tools to automate, integrate and streamline workflows
• Develop, maintain and enhance analytics infrastructure and reporting to support Portfolio Management and Operations teams
• Generate fixed income portfolio risk analytics and performance attributions to support analytics-driven insights for Portfolio Management; develop expertise across a broad range of fixed income instruments and relevant benchmarks to provide deeper insights
• Translate complex data into clear, actionable insights; conduct quantitative analysis (e.g., stress testing, risk analysis, hedging strategies and fixed income analytics)
• Produce standard and ad hoc risk and performance reports tailored for diverse audiences, ensuring accuracy, relevance and timely delivery

• Develop and manage portfolio analytics and performance dashboards for Portfolio Management's daily use

• Maintain adherence to established controls and regulatory standards throughout all analytics operations
• Support ongoing enhancements to analytics infrastructure, including automation and integration of new data sources

• Complies with all company and site policies and procedures

• Remains current in profession and industry trends

• Successfully completes regulatory and job training requirements

• Performs other duties as assigned
• Demonstrates a commitment to AI fluency by embracing AI tools and technologies to enhance individual and team performance, decision-making, and innovation

Required Qualifications:

• Bachelor’s degree in mathematics, statistics, finance, data science or other relevant disciplines; hold, or working towards an advanced degree and/or professional designation preferred

• 2–5 years of experience in financial services or a quantitative role; exceptional candidates without prior or limited work experience will also be considered

• Ability to build and maintain complex models with solid understanding of financial instruments, portfolio theory and risk metrics
• Understanding financial mathematics in relation to capital markets including fixed income, derivatives and alternative assets
• Knowledge of fixed income instruments and fixed income portfolio construction
• Ability to apply advanced analytics for trend analysis, including modeling (Monte Carlo simulation), sensitivity analysis, back testing and risk assessment
• Experience with FactSet Fixed Income Portfolio Analysis (FIPA) or equivalent
• Excellent written and verbal communication skills and ability to translate complex data into clear insights
• Ability to collaborate effectively, manage multiple tasks simultaneously and adapt quickly within a team environment
• Strong desire to pursue and deepen knowledge of financial markets and investments

Preferred Qualifications:

• Bloomberg (AIM, PORT, PM)
• Domo AI and Data Products Platform or equivalent business intelligence platform
• Insurance products and investment/insurance accounting knowledge
• Microsoft Office 365 Suite with Copilot integration

Location: Conshohocken, PA (Hybrid work schedule)

Base Salary Range: $95,000- $115,00

For over 175 years, Penn Mutual has empowered individuals, families and businesses on the journey to achieve their financial goals. Through our partnership with Financial Professionals across the U.S., we help instill the confidence and reliability that comes from a stronger financial future. Penn Mutual and its affiliates offer a comprehensive suite of competitive products and services to meet the unique needs of Financial Professionals and their clients, including life insurance, annuities, wealth management and institutional asset management. To learn more, including current financial strength ratings, visit www.pennmutual.com.

Penn Mutual is committed to Equal Employment Opportunity (EEO). We provide employment and advancement opportunities to all qualified applicants and associates, according to applicable laws. This is reflected in our practices for hiring, placement, promotion, transfer, demotion, layoff, termination, recruitment, compensation, selection or training, and all other terms and conditions of employment. All employment-related decisions and practices are free from unlawful discrimination. This includes: race, creed, color, national origin, ancestry, citizenship age, gender (including pregnancy), sexual orientation, gender identity or expression, domestic partnership or civil union status, marital status, genetic information, disability, religious observance or practice, liability, veteran status or any other classification protected under applicable law.

For over 175 years, Penn Mutual has empowered individuals, families and businesses on the journey to achieve their financial goals. Through our partnership with Financial Professionals across the U.S., we help instill the confidence and reliability that comes from a stronger financial future. Penn Mutual and its affiliates offer a comprehensive suite of competitive products and services to meet the unique needs of Financial Professionals and their clients, including life insurance, annuities, wealth management and institutional asset management. To learn more, including current financial strength ratings, visit www.pennmutual.com.

Penn Mutual is committed to Equal Employment Opportunity (EEO). We provide employment and advancement opportunities to all qualified applicants and associates, according to applicable laws. This is reflected in our practices for hiring, placement, promotion, transfer, demotion, layoff, termination, recruitment, compensation, selection or training, and all other terms and conditions of employment. All employment-related decisions and practices are free from unlawful discrimination. This includes: race, creed, color, national origin, ancestry, citizenship age, gender (including pregnancy), sexual orientation, gender identity or expression, domestic partnership or civil union status, marital status, genetic information, disability, religious observance or practice, liability, veteran status or any other classification protected under applicable law.