Director - External Investment Management
Job ID 2025-15817 Date posted 07/24/2025 Primary Location Waltham, Massachusetts Hiring Range: $134,080 - $192,700 Workstyle On-SiteOverview
As a mutual insurance company, we believe our corporate structure allows us to invest for the long-term with a focus on investment fundamentals rather than short-term market volatility. We achieve this through internal and externally managed strategies across a variety of markets and styles that best allow us to preserve and grow the company's capital.
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Full Time
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Level: Mid
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Travel: Yes
Success Profile
What makes a successful Investments team member at FM?
Check out the top traits we're looking for and see if you have the right mix.
- Detail Oriented
- Driven / Self-Starter
- Excellent Communicator
- Collaborative
- Creative Thinker
- Diligent
Testimonial
As CIO, I strongly believe that top talent, subject matter expertise - bottom up and top down, collaboration and seamless execution will define our long-term success towards excellence in investment management.
We have embarked on an exciting journey to further build a top-notch sophisticated investment management framework, focusing on excellence in portfolio management, best practices processes and top talent -- onboarding, developing and retaining. We are based in the greater Boston area, an absolutely vibrant eco-system for investment management. We are adding to our Insurance investments team in the areas of risk and performance analytics, multi-asset investments including equities & fixed income, and insurance investments risk management. We are also adding mid-level talent to the Pension Investments team for the Defined Benefit (open plan) and Defined Contribution plan.
Sanjay – Chief Investment Officer – Employee Since 2018

Benefits
Responsibilities
FM is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in various challenging roles.
This is a mid-level role, reporting to and working closely with the VP, External Investment Management, Portfolio Managers (PM’s), Chief Investment Officer (CIO), and other senior Investments leaders and staff, focusing on one or more than one asset classes, with a primary focus on select public, liquid and private asset classes. In addition to working closely with internal stakeholders, this role will also include responsibilities that will require the individual to work with our external investment management partners.
This role will work closely with other Public and Private Markets PM’s, the Asset Allocation, Strategy group, and Investment Operations. This role will help in researching new investments, underwriting new managers, conducting regular existing manager diligence and managing related communication to and from managers, as needed. This role will also collaborate in helping influence and recommend broad and/or specific aspects of portfolio construction related to the external mandates in public, liquid and / or private markets. Responsibilities will also include leading and enabling, and where relevant, collaboration on risk and performance analytics for the respective asset class/es. The incumbent will also be leading periodic investments, economic and financial markets-related projects and initiatives related to the respective asset class/es.
The role may also have the opportunity to work with other team leaders within Investments, to help onboard top talent, including summer interns and rotation hires. The role’s focus will primarily be across select asset classes in either public or private markets investments that are managed by external investment management firms. The role will rely on the Investment analytics team and external analytics services as well for manager diligence activities.
Required Education
- BA or BS required
- MBA, CFA, CAIA or other advanced degree related to investments, economics, finance, or quantitative analysis preferred
Required Work Experience
- 5+ years of relevant sector specific experience in investments, financial markets and/or financial risk management
Required Skills
- Global financial markets, investments, risk management and economics related experience across asset classes, and risk and quantitative analysis
- Broad knowledge in the financial markets and investments across asset classes
- Strong inter-personal, communication, presentation, analytical and collaboration skills
- Experience collaborating with other internal stakeholders and partners – investment accounting, legal, tax and other departments
- Ability to operate as an effective tactical as well as strategic thinker with flexibility to adapt to and positively influence new processes/infrastructure
- Strong mentoring and coaching experience with excellent judgement and creative problem-solving skills including negotiation and conflict resolution skills·
- Fast learner with a strong teamwork-based mindset, and passion for financial markets, corporate finance and investment risk management
- Collaborative mindset, people management skills and leadership experience required
- Expert knowledge in using Bloomberg, and FactSet, similar investments systems, as well as experience to be able to apply expertise to any new investment risk management and accounting related, and order entry systems
The annual salary for this position is $134,080 to $192,700 and will be determined based on individual qualifications. Employees enjoy a comprehensive Total Rewards program, including incentives, health and well-being programs, retirement plans, career development, tuition reimbursement, flexible work options, and more!
FM is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.
