Summary Report for:
13-2099.03 - Investment Underwriters
Manage communications or negotiations between corporate issuers of securities and clients regarding private equity investments. Underwrite the issuance of securities to provide capital for client growth. Negotiate and structure the terms of mergers or acquisitions.
This title represents an occupation for which data collection is currently underway.
Tasks | Tools & Technology | Interests | Work Values | Wages & Employment | Job Openings
Tasks
- Arrange financing of deals from sources such as financial institutions, agencies, or public or private companies.
- Intermediate between corporate issuers of new securities and the general public.
- Structure or negotiate deals, such as corporate mergers, sales, or acquisitions.
- Advise clients on aspects of capitalization, such as amounts, sources, or timing.
- Analyze financial or operational performance of companies facing financial difficulties to identify or recommend remedies.
- Confer with clients to restructure debt, refinance debt, or raise new debt.
- Collaborate on projects with other professionals, such as lawyers, accountants, or public relations experts.
- Coordinate due diligence processes and the negotiation or execution of purchase or sale agreements.
- Create client presentations of plan details.
- Develop and maintain client relationships.
Tools & Technology
Tools used in this occupation:
| Desktop computers |
| Facsimile machines — Fax machines |
| Notebook computers — Laptop computers |
| Photocopiers — Photocopying equipment |
| Scanners — Computer data input scanners |
Technology used in this occupation:
| Electronic mail software — Email software |
| Financial analysis software — Bloomberg Professional; Moody's KMV CreditEdge; Moody's RiskCalc |
| Office suite software — Microsoft Office software |
| Spreadsheet software — Microsoft Excel |
| Word processing software — Microsoft Word |
Interests
Interest code: CE
| Conventional — Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually there is a clear line of authority to follow. |
| Enterprising — Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business. |
Work Values
| Independence — Occupations that satisfy this work value allow employees to work on their own and make decisions. Corresponding needs are Creativity, Responsibility and Autonomy. |
| Support — Occupations that satisfy this work value offer supportive management that stands behind employees. Corresponding needs are Company Policies, Supervision: Human Relations and Supervision: Technical. |
| Achievement — Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment. Corresponding needs are Ability Utilization and Achievement. |
Wages & Employment Trends
National
Median wages data collected from Financial Specialists, All Other.
Employment data collected from Financial Specialists, All Other.
Industry data collected from Financial Specialists, All Other.
| Median wages (2012) | $29.40 hourly, $61,160 annual |
| Employment (2010) | 165,000 employees |
| Projected growth (2010-2020) | 
Slower than average (3% to 9%)
|
| Projected job openings (2010-2020) | 44,900 |
| Top industries (2010) |
State & National
Source: Bureau of Labor Statistics 2012 wage data
and 2010-2020 employment projections
.
"Projected growth" represents the estimated change in total employment over the projections period (2010-2020). "Projected job openings" represent openings due to growth and replacement.
