Analyst, Securitized Products - Liberty Mutual Investments

The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.

The Company 

Liberty Mutual Investments (LMI) manages Liberty Mutual Insurance Group’s (LMIG) global financial assets across global markets and private domains to build capital and generate income. With over $100 billion in assets under management (AUM) and a team of nearly 300 investment, finance, and operations professionals located in Boston, MA, and New York, NY, LMI offers the best of both worlds — the look and feel of a boutique investment firm with the reputation and financial strength of a global leader. 

LMI has been on a transformation path to spur innovation, capitalize on deep expertise, and scale its returns on long-term flexible capital through a “one firm, one portfolio, one team” mindset. Our operating model is built on three pillars: centralized portfolio construction, asset management, and investment-enabling services. The teams are structured as Investment Business Units (IBUs) working in concert: Global Strategy & Capital Allocation, Risk Management, Global Credit Markets, Global Alternative Markets, Global Liquid Markets, and Global Investment Solutions. Our portfolio spans a broad spectrum of public and private asset classes, and we are committed to expanding our capabilities and our toolkit in furtherance of our mission.

The Position

Liberty Mutual Investments is seeking a highly motivated and intellectually curious Securitized Products Analyst to join our dynamic Global Liquid Markets team. This role provides early-career professionals with a unique opportunity to build a strong foundation in the structured products market, while gaining direct exposure to senior investment professionals and real-time market dynamics. It’s an ideal position for a high-performing candidate eager to learn, contribute, and grow within the securitized markets.

Key Responsibilities:

• Assist in evaluating opportunities across the structured products markets, including ABS, CLOs, CMBS, and RMBS, by working closely with senior analysts, traders, and portfolio managers to assess relative value across the capital stack. Contribute to the formulation and presentation of high-conviction investment ideas for both sector allocation and security selection to enhance risk-adjusted returns.
• Collaborate with trading, research, and risk teams to support the execution of LMI’s securitized investment strategies, ensuring alignment between market views, portfolio positioning, and risk management objectives.
• Partner with portfolio managers and traders to help implement investment strategies and support communication of views and positioning to senior leadership and other key stakeholders.
• Apply analytical techniques to large datasets, assisting in the development and maintenance of cash flow models to evaluate prepayment behavior, credit risk, and asset performance.
• Participate in investment due diligence and support the ongoing monitoring of existing positions to identify emerging risks and performance drivers.
• Contribute to the development and enhancement of tools, models, and systems to improve investment analysis and portfolio management. Leverage data and technology to drive process efficiency and deeper insights.
• Begin building relationships with market participants, including issuers, rating agencies, bankers, and institutional investors, to stay up to date on market developments and uncover new investment opportunities.

• Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or a related field. Advanced degrees or professional certifications (such as the CFA) are a plus.
• 1–3 years of relevant professional experience in investments, finance, or data analysis. Prior experience in fixed income or structured products is a strong plus.

• Strong analytical and quantitative skills with experience in financial modeling and data analysis. Advanced Excel skills are required. Familiarity with Python, SQL, or other data tools is a plus.
• Demonstrated interest in fixed income markets and structured finance.

As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.  

At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.  

We are proud to support a diverse, equitable and inclusive workplace, where all employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.  

We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits 
 
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law. 
 
Fair Chance Notices 

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