Investment Analyst II – Investment Grade Credit

Erie Insurance Group

Investment Analyst II at Erie Insurance analyzing economic and market trends to make investment recommendations. Evaluating financial performance and maintaining relationships with industry contacts.

Posted 7/8/2026full-timeErie • Pennsylvania • 🇺🇸 United StatesMid-LevelSenior💰 $88,693 - $141,678 per yearWebsite

About the role

Key responsibilities & impact

Analyzes economic and market trends, investment-grade corporate credit issuers, with initial sector coverage expected to include the Capital and Consumer Non-Cyclical sectors.
Evaluates sector fundamentals, issuer financial performance, cash flow generation, leverage, liquidity, ratings trajectory, covenant considerations, and relative value to determine suitable investments.
Prepares and presents credit research, relative-value analysis, and buy/hold/sell recommendations for assigned issuers and sectors.
Maintains ongoing surveillance of assigned investment-grade credits, including earnings releases, rating agency actions, capital allocation decisions, M&A activity, new issuance, sector developments, and material credit events.
Develops relationships with company management teams, sell-side analysts, rating agencies, traders, and other market participants to support credit due diligence and timely portfolio decision-making.
Reviews offering documents, bond covenants, rating agency reports, earnings materials, investor presentations, and other issuer-specific documentation as part of the credit research process.
Maintains credit models, issuer surveillance tools, sector dashboards, portfolio analytics, and Bloomberg/database resources used to support investment decisions and ongoing monitoring.
Participates in issuer meetings, industry conferences, rating agency discussions, and other due diligence activities as directed.

Requirements

What you’ll need

Bachelor's degree in accounting, finance, mathematics or related field required.
Masters degree or Chartered Financial Analyst (CFA) designation or in pursuit of CFA preferred.
Three years experience analyzing investment portfolios, investment performance, risk modeling or equivalent investment experience required.
Advanced database management, spreadsheet skills and proficiency with Bloomberg preferred.

Benefits

Comp & perks

Premier health, prescription, dental, and vision benefits for you and your dependents. Coverage begins your first day of work.
Low contributions to medical and prescription premiums. We currently pay up to 97% of employees’ monthly premium costs.
Pension. We are one of only 13 Fortune 500 companies to offer a traditional pension plan. Full-time employees are vested after five years of service.
401(k) with up to 4% contribution match. The 401(k) is offered in addition to the pension.
Paid time off. Paid vacation, personal days, sick days, bereavement days and parental leave.
Career development. Including a tuition reimbursement program for higher education and industry designations.
Additional benefits that include company-paid basic life insurance; short-and long-term disability insurance; orthodontic coverage for children and adults; adoption assistance; fertility and infertility coverage; well-being programs; paid volunteer hours for service to your community; and dollar-for-dollar matching of your charitable gifts each year.

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Applicant Tracking System Keywords

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Hard Skills & Tools

Economic AnalysisMarket Trend AnalysisCash Flow GenerationLeverage AnalysisLiquidity AnalysisCredit ResearchRelative-Value AnalysisRisk ModelingPortfolio AnalyticsIssuer Surveillance

Soft Skills

Relationship BuildingCommunicationPresentation SkillsDue DiligenceCollaboration

Certifications

Bachelor's DegreeMaster's DegreeChartered Financial Analyst (CFA)