Investment Analyst

Corporate Office
Kinsale Insurance
2025 Staples Mill Rd
Richmond, VA 23230, USA

Description

Kinsale Capital Group is a specialty insurance company focused exclusively on the excess and surplus (E&S) lines market. We are known for our disciplined underwriting, long-term perspective, meritocratic culture, and consistent track record of compounding value for our shareholders. Kinsale manages its equity portfolio internally through both active and passive strategies.

THE OPPORTUNITY

This person will work directly with the portfolio manager to generate and research investment ideas, monitor existing positions, build financial models and perform risk analysis on an equity portfolio approaching a billion dollars.

This is not a high-frequency trading role. It is a role for a deeply curious, rational, and patient investor who thinks like an owner and is drawn to the prospect of protecting against permanent capital loss while generating compounding returns - a philosophy well aligned with Kinsale's investment approach.

RESPONSIBILITIES

• Conduct in-depth, bottom-up fundamental research on public equity investment opportunities.
• Develop and maintain a framework for ongoing portfolio monitoring, including reviewing annual reports, regulatory filings, investor letters, earnings transcripts, and industry publications.
• Produce written investment theses and present well-reasoned buy, hold, and sell recommendations to portfolio managers.
• Assist in building out investment processes, policies, and reporting infrastructure appropriate for a public insurance company's investment portfolio.
• Monitor macroeconomic and industry-level developments relevant to portfolio positioning, including interest rate trends, economic statistics and sector-specific risks.

QUALIFICATIONS

Required

• 2-5 years of investment research experience, ideally on the buy side (asset management, family office, hedge fund, or proprietary portfolio)
• Demonstrated track record of independent investment analysis, including written investment theses or formal research reports
• Familiarity with value investing principles and a long-term, business-owner mindset
• Strong financial statement literacy across income statements, balance sheets, and cash flow statements; ability to build and interpret valuation models
• Intellectual honesty, self-awareness about the limits of one's circle of competence, and the discipline to act only when the margin of safety is sufficient
• Bachelor's degree in Finance, Economics, or a related quantitative discipline

Preferred

• Prior experience in or research coverage of the P&C insurance, reinsurance, or specialty insurance sectors
• Familiarity with NAIC filings, statutory accounting, and insurance industry-specific financial analysis
• CFA designation (completed or in progress)
• Experience with investment tools such as Bloomberg Terminal, FactSet, Capital IQ
• Background in probabilistic decision-making frameworks or behavioral finance
• Experience managing or contributing to a concentrated long-only equity portfolio

WHAT WE'RE LOOKING FOR

Beyond credentials, the ideal candidate embodies a specific temperament and intellectual orientation:

• A self-directed learner who reads broadly across annual reports, business history, and investment literature
• Someone who thinks in terms of opportunity cost, not just absolute return - always asking "compared to what?"
• A person who is more interested in being right than in sounding right; who updates views when facts change
• Patient enough to wait for the right pitch, and decisive enough to act with conviction when it arrives
• A team player who questions the status quo constructively and brings an independent perspective without ego
• Someone with a genuine long-term commitment - we are building something here and want a partner in that process

COMPENSATION & BENEFITS

Kinsale offers a competitive total compensation package including base salary, performance-based bonus, and equity participation. As with all roles at Kinsale, compensation reflects performance - exceptional work is recognized and rewarded.

INTERGRITY & RESPONSIBILITY

Kinsale values strong financial responsibility. A credit check will be conducted as part of the selection process for roles that require sound judgment, trustworthiness, or access to sensitive financial information.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.