Senior Research Analyst - Insurance Sector - CA/CFA/IIM/ISB/MDI/FMS

Job Description

Position Title : Senior Research Analyst - Insurance SectorDepartment : Equity Research- Professional Investor ResearchBusiness Global Wealth ManagementWork Location : MumbaiPosition reporting to : Head of Fundamental ResearchJob Purpose :- Conducting in-depth research by interacting with industry experts, company management and government officials to garner a greater understanding of the Insurance sector.The broader purpose is to generate money-making research ideas/products for fund manager clients- Converting the understanding of the sector into quantitative elements through financial models and valuations- Facilitate engagement for the sales team with clients.- Provide relevant research material/coverage for the sector to the sales/sales trading team to facilitate client interaction- Interacting with clients such as Professional Investors, Prop Funds and Money Managers to bring in greater mileage and hence drive business through brokerage for the organization- Providing coverage for 15 to 20 key stocks in the sectorTargets include :- 1 idea-generating report per month- 20-30 client calls/meetings per month.- 4-5 corporate access event per quarter Key Responsibilities : Managerial Responsibilities : - Attract and retain talent within the team- Scale-up research capabilities of the associates to take ownership of products/client relationships- Mentoring the associates towards improving overall relevance and quality of research Functional Responsibilities : - Build a corporate image as a trusted equities house/partner for the companies under coverage and key individuals in client organizations- Writing periodic research reports that help give clients a perspective on the coverage sector- Meeting corporate and industry experts to enhance the relationship and build expertise- Communicating effectively, both in written and oral form forecasts and views on the sector- Interacting with external and internal clients and facilitating their decision making- Come out with timely actionable ideas to generate revenues for the firm- Facilitating interaction of corporate / industry experts with clients- Ensuring that financial models are precise and robust to capture the various nuances and complexities of the sector dynamics- Providing actionable ideas on stocks under coverage, given a certain change in the business environment- Providing actionable ideas on stocks under coverage, given a certain change in the business environment Job Requirements : Qualifications : - CA / CFA / MBA from a Reputed InstituteExperience : Typically 7-10 years Functional Competencies : - Aptitude for research, especially understanding of business models and converting the same into effective/dynamic financial models- Holistic perspective with an eye for detail- Ability to understand as well as communicate complex business developments in a simple and lucid manner- Understanding of the financial markets and interplay of all the factors impacting Indian equity markets Behavioural Skills : - Excellent interpersonal skills- Excellent communication and report writing skills- Ability to communicate and interact with very senior level industry/government officials- Ability to work under stressful and tight timeline situations- Ability to work under stressful and tight timeline situations Key Interactions : Internal :Sales Team :- To communicate and provide key points of actionable stock ideas or the developments that impact the sector/stock- Educate them on new research products and leveraging their relationship to reach out to clientsResearch Team :- Discuss the rationale for the recommendationsOther LOB / SBU :- Conduct SWOT on the target mandate which includes revenue model and business model analysisEditorial / DTP Teams :- Coordination for quick and efficient release of research reportsCompliance / Risk :- From a regulatory perspectiveExternal :Clients :- Regular interaction with clients to help them make informed decisions Communicate investment ideas, generate Alpha- Most clients do not read published research. Hence communicating with clients is highly essential.Media :- Provide a perspective on a stock/sectorFund Managers :- To get a better understanding of the sector/stock- Providing relevant corporate access and update corporate on investor requirementsCorporates :- Regulators, industry associations to gather sector knowledge,

Keyskills :
researchcustomer relationsresearch analysisfinancial statementsreport writingvaluationfinancial markets