Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures.

Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard. We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good.

Be good. Make good. About Us NLG Capital, the investment management company of NLG, manages approximately $40+ billion in AUM.

Our purpose is simple – to allow NLG to keep its promises. How we do this – an obsessive focus on delivering investment results. We drive results through a rigorous but collaborative investment process, and we hold ourselves to the highest of standards, both as investors and teammates.

While our process is based on rigor, our culture is based on our guiding principles: Meritocracy, Uncompromising Transparency, Intellectual Honesty, Performance Driven Learning, Relentless Pursuit of Excellence. These principles serve as the foundation of our team. They govern the way we conduct ourselves, how we interact with teammates and how we approach every investment decision.

We act with the integrity and humility required to make the investment decision that is right for the firm, and ultimately our policyholders. Our culture has been deliberately built to foster curiosity and provide opportunities to learn and grow, both as people and investors. The flat and collaborative nature of our team promotes an atmosphere where the best ideas are continually expressed and rewarded.

Our pursuit of excellence is unwavering. Please note that we do not offer visa sponsorship for this position. Role Summary The Senior Associate, Direct Lending is an essential member of the Private Credit team, responsible for evaluating, executing, and managing private credit investments across sponsor-backed, non-sponsor-backed, and secondary market opportunities.

This role performs in-depth credit analysis, financial modeling, due diligence, transaction execution, and portfolio monitoring while partnering with internal stakeholders and external investment partners. The ideal candidate is a self-motivated investment professional with strong analytical and technical capabilities, exceptional communication skills, and the ability to thrive in a collaborative, high-performance environment. This position currently offers an onsite work schedule, with the expectation that you will be in the office four (4) days per week during onsite core days.

Our current onsite core days are Monday, Tuesday, Wednesday, and Thursday. The work schedule type and core days are subject to change with advance notification and manager discretion.

Responsibilities

Conduct comprehensive credit analysis, including financial statement review, credit risk assessment, liquidity analysis, capital structure evaluation, and due diligence. Develop and maintain complex financial models, including cash flow analysis, covenant compliance, and stress-testing. Prepare investment memoranda, financial models, and supporting analyses for the Investment Transaction Committee.

Evaluate, underwrite, and execute private credit investment opportunities in collaboration with internal teams and external partners. Build and maintain relationships with borrowers, investment partners, legal counsel, and other stakeholders. Evaluate secondary private credit market opportunities, including portfolio acquisitions and single-name investments.