RSM US US | Investment Specialist - Alternatives

Responsibilities

• The Investment Specialist will be responsible for evaluating investment portfolios as part of regulatory oversight projects (financial examinations, analysis, and special projects), assessing practices and strategies of insurance entities, identifying specific investment related issues, and recommending solutions to address findings.
• This position will have a specific focus on alternative, non-Bond investments, and the appropriateness of such investments in an insurer's portfolio.
• This position has opportunity for advancement as well as personal and professional growth.
• Individuals selected for this role will be eligible for a discretionary bonus based on firm and individual performance.
• Work closely with regulators to review and provide analysis for companies’ investment strategies, products, portfolios, investment plans, and agreements.
• Review of entities’ investment policies, guidelines, procedures and controls regarding investment accounts, performance of procedures to verify or establish existence, ownership, and valuation of investment accounts.
• Review companies’ investment risk management process.
• Review and assess companies’ derivative investment portfolio and hedging program.
• Review and evaluate companies’ investment-related agreements.
• Develop interview questions and lead/assist in leading investments interviews of senior and executive management at companies; assess governance functions over investment areas.
• Execute testing of compliance with state laws, rules and regulations.
• Participate in client status meetings, prepare and review deliverables, and assist in identifying issues which will be communicated to the client.
• Review valuation and assess impairment of investments including asset backed securities, mortgage-backed securities, collateralized debt obligations, among others.
• Work with other specialists, such as actuaries and reinsurance specialists, as well as financial examiners, on investment issues impacting their work.
• Communicate complex investment topics to clients and other stakeholders.
• Document work in accordance with defined regulatory requirements.

Requirements

• Experience in derivatives strategies is also desirable.
• Ability to compare and contrast investment activities with industry benchmarks.
• 10+ years of relevant experience in investment management or investment risk management in insurance, banking, or asset management industries.
• MBA, CPA and/or other professional certification(s) preferred; including Certified Investment Specialist (CIS), Chartered Financial Analyst (CFA).
• Experience with reviewing/assessing/documenting investment-related internal controls and governance.
• Demonstrated critical-thinking and problem-solving abilities.
• Proficiency with the Microsoft 365 suite of products and business productivity tools, including experience in using software for producing presentations, reports, spreadsheets, and project planning.
• Demonstrated time management and project management skills.
• Ability to interact with all levels of personnel, including executives and senior managers.
• Advanced analytical skills, including statistical sampling, with the ability to interpret financial data and provide insights.
• Excellent presentation, verbal, and written communication skills with a strong attention to detail with regards to spelling, grammar, mathematical accuracy (e.g., Excel formulas), and readability in all deliverables.
• Excellent organizational skills and the ability to manage and prioritize multiple tasks, projects and assignments simultaneously.
• Dynamic/flexible demeanor with outstanding interpersonal skills and a “can do”, team-first attitude to provide exceptional client service to RRC’s clients.
• Self-motivated and a strong sense of urgency to meet deadlines.
• Prior supervisory experience and the ability to guide/support team members with an emphasis on team building and team development.

RSM US LLP

Ira B. McGladrey opened an accounting practice in Cedar Rapids, Iowa, in 1926, and the firm that grew from it, long known as McGladrey, became RSM US LLP in 2015 when it joined other firms in the RSM International network under the RSM brand. Now headquartered in Chicago, it provides assurance, tax and consulting services with a focus on middle-market companies, and since 1 January 2026 it has worked with RSM UK in a transatlantic partnership.

• Industry: Professional services: assurance, tax and consulting for middle-market companies
• Headquarters: Chicago, United States (RSM US LLP)