With the aging population and increased focus on retirement planning, the pension investment industry has seen steady growth and offers attractive career opportunities. Entry-level positions provide recent graduates and those new to the field exposure to managing retirement assets while building technical skills. Understanding compensation for these roles helps job seekers evaluate positions. This article examines entry-level pension investment jobs and typical salary ranges.
Investment analyst is the most common entry-level pension investment job
The investment analyst role is the most common entry-level position for those interested in pension investments. Analysts support portfolio managers by conducting research, analyzing investments, and creating financial models. Although compensation varies by employer, investment analysts straight out of undergraduate programs typically earn between $60,000 to $90,000 in base salary. Those with 1-3 years of experience see salaries in the range of $80,000 to $120,000.
Associate investment advisor offers client interaction
Associate investment advisor is another pension investment entry level job interacting directly with clients. The role assists advisors in preparing retirement plans and portfolio recommendations. The added client responsibilities result in higher compensation than investment analysts. Entry-level advisors earn approximately $70,000 to $110,000, while those with a few years experience make $100,000 to $150,000.
Pension actuary interns gain technical and analytical skills
Aspiring pension actuaries can look for internships while still in school to gain experience. Interns support the valuation of pension assets and liabilities while learning essential software. Although unpaid, these positions provide the technical grounding to become an actuary. Once passing exams, entry-level pension actuaries earn $60,000 to $90,000. Salary rises to $100,000+ with credentials.
Associate portfolio manager role requires more expertise
Associate portfolio manager is less common for recent graduates but offers responsibility for a portion of asset allocation. Candidates need strong analytical skills and 1-3 years of experience. Base compensation starts around $100,000 to $150,000, with bonuses bringing total compensation to $150,000-$250,000.
Rotational programs groom investors over 2-3 years
Large investment firms recruit top talent through selective rotational programs lasting 2-3 years. Participants gain broad experience before choosing a specialty. Salaries start around $80,000 with rapid increases as skills develop. After completing rotations, salary can exceed $200,000 for those placed in investment roles.
In summary, entry-level pension investment positions like investment analyst offer new graduates pathways to gain experience managing retirement assets. Compensation typically starts between $60,000 to $90,000, progressing well above $100,000 with a few years of expertise. Actuary internships provide technical grounding while associate advisor and portfolio manager roles require more prior skills but offer higher pay.