Investments

FM does not request highly sensitive personal and/or financial information from applicants during the recruitment process. Such requests signal that the job postings are illegitimate. FM posts available jobs at https://www.careersatfm.com/. Candidates are encouraged to apply through the website https://www.careersatfm.com/. Though FM may utilize third party websites to advertise available jobs, all official job postings are linked directly to https://www.careersatfm.com/. Any job postings not directly from or linked to the official website may be fraudulent. FM does not endorse or have any affiliation with unauthorized job postings and explicitly makes no representations or guarantees about the job listings or accuracy therein. It is the responsibility of job seekers to perform due diligence in researching and ensuring that the job posting is from the official source. FM is not responsible for any losses or damages incurred from responding or applying to fraudulent job postings. Please exercise caution and verify the legitimacy of job postings before providing any highly sensitive personal and/or financial information. Please also ensure that job offers are coming from an FM representative.

If you believe you have been subjected to such a scam, FM recommends you contact local authorities and report it to the relevant agency: in the U.S., report to the FTC via ReportFraud.ftc.gov and, in Canada, call the Canadian Anti-Fraud Centre at 1-888-495-8501.

Investments

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.

Equities

We follow a bottoms-up, fundamental approach to equities investing. Analysts are encouraged to think as business owners when analyzing a stock or industry, consistent with our long-term orientation. We believe this allows us to better identify and understand the key drivers of a business, with our due diligence done through rigorous research and analysis.

Fixed Income

The goal of fixed income is to generate optimal risk adjusted returns while balancing overall portfolio needs with adequate liquidity and diversification. Portfolio construction is based on the dual pillars of global risk assessment and compensation for risk. Sector allocation and security selection are key drivers of the process. The results add to the company’s surplus and strengthen our long-term financial position.

Alternatives

Alternative investments at FM include private equity, hedge funds and real assets. The portfolio is constructed to deliver diversifying or enhanced return streams to traditional publicly traded securities. Strategy allocation drives manager selection in choosing a top-performing partnership to achieve portfolio objectives.

Multi-Asset

The multi-asset segment invests in a variety of both direct and external manager strategies across asset classes. The multi-asset portfolio is invested to balance overall asset allocation, and provide diversification and liquidity.

Operations

The investments operations team supports all aspects of the FM Master Accounts, Pension Plan and VEBA. The team works closely with the Investments, Accounting, Treasury, Legal and Compliance groups. Activities include due diligence and onboarding of external investment managers, coordination of accounting, performance reporting, audit coordination, managing vendor and custodian relationships.

How we hire

At FM, our goal is to provide an inclusive and positive candidate experience. Each role may differ with interview process requirements. Our highly interactive hiring process may include pre-interview assessments, multiple rounds of interviews, presentations, or writing samples.

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