Portfolio Management Analyst - Real Estate Investments

Who Are We?

Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Compensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary Range

83,300.00 - $137,400.00

Target Openings

What Is the Opportunity?

Travelers is seeking a Portfolio Management Analyst to play a key role on the portfolio management team. Travelers' real estate investment portfolio consists of $3.5 billion of assets under management. It is spread across all major institutional property types and consists of direct investments that Travelers asset manages itself, and indirect investment where Travelers is a limited partner. Travelers invests in opportunities ranging from core to opportunistic risk profiles.

As a Real Estate Portfolio Management Analyst, you will support the Vice President of Portfolio Management, Portfolio Manager, and others to manage the acquisition / disposition process related to direct assets, the sourcing / closing of limited partner commitments, and the valuation and monitoring of assets and investments in the portfolio. In this role you will be responsible for providing financial, qualitative, and quantitative analytical support. The analyst will report directly to the Vice President of Portfolio Management.

What Will You Do?

• Prepare weekly investment pipeline reports for both direct assets and limited partner commitments.
• Assemble and modify discounted cash flow models for potential acquisitions / dispositions, utilizing Net Present Value, Discounted Cash Flow, and Internal Rate of Return analysis techniques. Argus enterprise will be used to project property cash flows. Run various underwriting scenarios to sensitize return / performance metrics.
• Assist with due diligence (physical and / or financial) of new direct investments and limited partnership commitments.
• Organize historical and projected property level financial data such as revenue, expenses, net income, capital expenses, and cash flow. Organize historical and projected property level metrics such as occupancy and rents (existing versus market rents).
• Maintenance and development of existing and future Excel underwriting models.
• Audit rent rolls and financial assumptions in external appraisals. Record key metrics from external appraisals.
• Update Argus Enterprise models (monthly) with new lease information. Prepare quarterly performance reports using the appropriate industry methodology and reporting format (National Council of Real Estate Investment Fiduciaries.
• Support asset management in lease analysis via NPV, DCF, IRR, and net effective valuation techniques.
• Support portfolio management team in research activities related to city / neighborhood economic data and property market fundamentals (inventory, vacancy, absorption, new construction, comparable sales, etc).
• Travel to existing properties and properties that are potential acquisitions.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

What is a Must Have?

What Is in It for You?

Employment Practices

Travelers is an equal opportunity employer. We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.

In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http : / / careers.travelers.com / life-at-travelers / benefits / .

Salary : $83,300 - $137,400