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High Yield Jobs (NOW HIRING)

High Yield Portfolio Manager

Stamford, CT · On-site

$250K - $325K/yr

As a high-yield portfolio manager , you'll help manage Progressive's high‑yield bond portfolio, delivering strong total returns while protecting the company's balance sheet. In this role, you'll ...

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How much do high yield jobs pay per hour?

As of Aug 9, 2026, the average hourly pay for high yield in the United States is $26.74, according to ZipRecruiter salary data. Most workers in this role earn between $22.60 and $30.29 per hour, depending on experience, location, and employer.

What is the difference between High Yield vs Medical Laboratory Technician?

AspectHigh YieldMedical Laboratory Technician
Required CredentialsTypically requires a relevant degree or certification in finance or investmentRequires an associate degree or certification in medical laboratory technology
Work EnvironmentFinancial institutions, investment firms, or corporate officesHospitals, diagnostic labs, or medical facilities
Industry UsageFinance, investment, and banking sectorsHealthcare and medical diagnostics
Common Search/ComparisonHigh Yield vs Medical Laboratory Technician

High Yield professionals focus on investment strategies and financial analysis, often requiring finance-related credentials and working in financial environments. Medical Laboratory Technicians perform diagnostic tests in healthcare settings, requiring medical certifications. While both roles are technical, they serve different industries and have distinct educational requirements.

What are common challenges faced by high yield analysts when evaluating new investment opportunities?

High Yield analysts often encounter the challenge of assessing companies with higher credit risk and less robust financial disclosures compared to investment-grade counterparts. This requires thorough due diligence, including deep dives into financial statements, industry trends, and management quality. Time-sensitive market developments and rapidly changing credit conditions can also make accurate evaluation demanding. Collaboration with portfolio managers and other analysts is essential to ensure well-informed investment decisions.

What is a high yield?

High Yield jobs typically refer to roles within the finance sector that focus on high yield bonds, also known as junk bonds. These positions involve analyzing, trading, or managing investments in bonds that offer higher interest rates due to their lower credit ratings and higher risk compared to investment-grade bonds. Professionals in High Yield roles may work as analysts, portfolio managers, or traders, primarily within investment banks, asset management firms, or hedge funds. These jobs require strong analytical skills, knowledge of credit markets, and the ability to assess risk and return.

What skills and qualifications are needed to thrive as a high yield analyst?

To thrive as a High Yield Analyst, you need a solid background in finance, accounting, and credit analysis, typically supported by a bachelor’s or master’s degree in finance or a related field. Familiarity with financial modeling software, Bloomberg Terminal, and often a CFA certification are valuable technical assets. Strong analytical thinking, attention to detail, and effective communication skills help you stand out in this role. These skills and qualifications are crucial for accurately assessing credit risk and making informed investment decisions in high-yield bond markets.
More about High Yield jobs
What states have the most High Yield jobs? States with the most job openings for High Yield jobs include:
Infographic showing various High Yield job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 16% Part Time, and 3% Contract. Highlights an 90% Physical, 1% Hybrid, and 9% Remote job distribution, with an average salary of $55,623 per year, or $26.7 per hour.

High Yield Portfolio Manager

Progressive

Stamford, CT • On-site

$250K - $325K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 29 days ago


Progressive Insurance rating

8.7

Company rating: 8.7 out of 10

Based on 596 frontline employees who took The Breakroom Quiz

69th of 304 rated insurance


Job description

Progressive is dedicated to helping employees move forward and live fully in their careers. Your journey has already begun. Apply today and take the first step to Destination: Progress.
 
As a high-yield portfolio manager, you’ll help manage Progressive’s high‑yield bond portfolio, delivering strong total returns while protecting the company’s balance sheet. In this role, you’ll set investment strategies, make informed credit decisions, and maintain close connections to markets, issuers, and credit trends. You build and manage portfolios aligned to investment objectives and conduct in‑depth issuer and industry research. Additionally, you’ll implement buy, hold, and sell decisions across the capital structure and actively manage risk, liquidity, and exposure through market cycles.
 
Must-have qualifications
  • Bachelor's degree and a minimum of 7 years of relevant work experience.
  • {OR} Master's degree or higher and a minimum of 5 years of relevant work experience.

Preferred skills
  • Knowledge of high-yield strategies, bond math, yield curve dynamics, accounting, corporate credit analysis, covenants, macro-economics, and market regulations.
  • Prior experience presenting investment ideas in an organized and clear fashion.
  • Demonstrated skills defining problems, collecting and analyzing data, and drawing valid conclusions.
  • Ability to assume and manage investment risk.
  • Strong relationship-building skills with the ability to maintain relationships with dealers and complete trades.

Compensation
  • Base: $250,000 - $325,000/year depending on position level and experience
  • Gainshare annual cash incentive payment up to 110% - 180% (depending on position level) of your eligible earnings based on company performance and experience
  • Participation in our restricted stock units plan
 
Benefits
  • 401(k) with dollar-for-dollar company match up to 6%
  • Medical, dental & vision, including free preventative care
  • Wellness & mental health programs
  • Health care flexible spending accounts, health savings accounts, & life insurance
  • Paid time off, including volunteer time off 
  • Paid & unpaid sick leave where applicable, as well as short & long-term disability
  • Parental & family leave; military leave & pay
  • Diverse, inclusive & welcoming culture with Employee Resource Groups
  • Career development & tuition assistance
 
Equal Opportunity Employer
Sponsorship for work authorization for foreign national candidates is not available for this position.  

For ideas about how you might be able to protect yourself from job scams, visit our scam-awareness page at https://careers.progressive.com/pages/how-we-hire-faq-job-scams/


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