Sam Desai

About Sam Desai

Extensive sell-side equity research experience covering several Financials-related…

Experience

1. Vice President, Equity Research - Us Brokers, Asset Managers & Exchanges

   Deutsche Bank

   Apr 2014 — Present

   Deutsche Bank April 2014-Present Vice President (Jan 2017-Present), Equity Research Associate (Apr 2014-Dec 2016) New York, NY U.S. Brokers, Asset Managers & Exchanges (Lead analyst: Brian Bedell Sept 2021-present) • Responsible for equity research coverage of over 20 capital markets-focused names, including the alternative and traditional asset managers, exchanges, online brokers, and trust banks. U.S. P&C Insurance (Lead analyst: Phil Stefano Jan 2020-Sept 2021) • Responsible for equity research coverage of over 20 P&C insurance names, including commercial and personal lines insurers and reinsurers, insurance brokers, and mortgage insurers. U.S. Life Insurance/P&C Insurance (Lead analyst: Josh Shanker 20••••20) • Took a lead role in the initiation of coverage of eight U.S. Life Insurance stocks and assist in the analysis of P&C insurers. • Responsible for building and forecasting of detailed company financial models, interacting with internal (sales/trading) and external constituents (buyside clients/investor relations/company management) regarding our views on the sector and individual stocks. U.S. Life Insurance (Lead Analyst: Yaron Kinar 20••••17) Equity research coverage of the U.S. Life insurance space: AFL, AMP, ATH, CNO, LNC, MET, PFG, PRU, RGA TMK, UNM, VOYA (discontinued June 2017). • Created detailed research on key industry issues including analysis of corporate bond portfolios through Schedule D’s to assess credit risk; analysis around interest rate sensitivities; company-specific deep dives. Spearheaded weekly and monthly research notes keeping investors abreast of key industry trends and our updated views. • Identify key investment criteria for stock selection through regression of price-to-book vs. ROE-COE spread, and correlations of stock performance with key macro and industry specific trends and comparative valuation metrics.

Education

• University of Michigan

  Bachelor of Arts (B.A.), Economics

  1997 — 2001

Skills

• Cfa
• Valuation
• Property & Casualty Insurance
• Online Brokerage
• Alternative Investments
• Financial Analysis
• Capital Markets
• Equity Valuation
• Mergers & Acquisitions
• Equities
• Equity Research
• Series 87
• Bloomberg
• Series 63
• Series 86
• Hedge Funds
• Insurance
• Asset Management
• Financial Modeling
• Series 7