At a Glance
- Tasks: Assist in producing economic research, data analysis, and presentations on country risk trends.
- Company: Join AM Best's Country Risk Group, a leader in economic analysis for insurers worldwide.
- Benefits: Enjoy flexible hours, remote work options, and opportunities for professional growth.
- Why this job: Make an impact by analysing global economic factors and presenting insights to key stakeholders.
- Qualifications: Undergraduate degree in Economics or related field; programming experience in Python is essential.
- Other info: Work closely with a small team of economists across the US, Europe, and Asia.
The predicted salary is between 28800 - 48000 £ per year.
To assist in the production of high-quality economic research and reports, data collection for use in the group’s country risk framework, economic data analysis, and presenting to internal stakeholders on the group’s view of key country risk trends and developments. The Economic Research and Analysis Group (Country Risk Group) researches and analyzes the political, economic, and insurance industry environments of approximately 150 countries. This analysis is used to identify country-specific factors that could adversely affect an insurer’s ability to meet its financial obligations.
Responsibilities:
- Run and curate python and excel programmes that produce key credit rating metrics: Country Risk Tiers, Country Investment Classes, Transfer and Convertibility Risk, National Scale Ratings and others.
- Take charge of data downloads and formatting of over a hundred variables that feed into the metric-producing programmes.
- Update and extend as necessary an extensive suite of python programmes including a custom-built python module.
- Models involve heavy integration with excel through the use of xlwings and rely on numpy, pandas, and regular expressions.
- Research, collect and analyze data, and present to internal stakeholders.
- Present the relevant country risk environment at internal meetings consisting of rating analysts.
- Keep up to date on various world events (i.e. central bank policy) and be able to synthesize that knowledge and determine the potential relevance.
- Provide credit rating analysts with on-demand economic assistance – e.g. writing economic outlooks or providing forecasts.
- Produce economic reports and market briefings.
- Assist with the annual task of writing approximately 150 country risk reports.
- Update internal country risk reports as needed for use at internal meetings.
- Update the various economic regional report the group produces.
- Identify potential topics of interest for report generation.
Skills, Knowledge & Experience:
- Interest in international economics and related experience as an Economist.
- Programming experience in Python essential.
- Knowledge of xlwings, numpy, pandas, and regular expressions preferred.
- Familiarity with vscode or jupyter notebook IDEs preferred.
- Excellent Excel abilities.
- Excellent written, communication and time management skills.
- Ability to work flexible hours to accommodate international offices.
Education & Qualifications:
- Undergraduate degree in Economics, Political Science, International Business or related field.
Economist II employer: AM Best
Contact Detail:
AM Best Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Economist II
✨Tip Number 1
Familiarise yourself with the latest trends in international economics and country risk analysis. This will not only help you during interviews but also demonstrate your genuine interest in the field, which is crucial for a role like Economist II.
✨Tip Number 2
Brush up on your Python programming skills, especially with libraries like numpy and pandas. Being able to showcase your ability to run and curate programmes effectively will set you apart from other candidates.
✨Tip Number 3
Prepare to discuss how you would approach data collection and analysis for country risk reports. Think about specific examples or methodologies you could apply, as this will show your analytical thinking and problem-solving skills.
✨Tip Number 4
Network with professionals in the field of economic research and analysis. Engaging with others can provide insights into the industry and may even lead to referrals, increasing your chances of landing the job with us.
We think you need these skills to ace Economist II
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in economic research, data analysis, and programming skills, particularly in Python. Emphasise any previous roles where you presented findings to stakeholders or worked with international teams.
Craft a Strong Cover Letter: In your cover letter, express your passion for international economics and how your background aligns with the responsibilities of the Economist II role. Mention specific experiences that demonstrate your ability to analyse data and produce reports.
Showcase Technical Skills: Clearly outline your programming experience, especially with Python, xlwings, numpy, and pandas. Provide examples of projects or tasks where you utilised these skills, as they are crucial for this position.
Highlight Communication Abilities: Since the role involves presenting to internal stakeholders, emphasise your written and verbal communication skills. Include examples of how you've effectively communicated complex information in past roles.
How to prepare for a job interview at AM Best
✨Showcase Your Programming Skills
Since programming in Python is essential for this role, be prepared to discuss your experience with Python, xlwings, numpy, and pandas. You might even be asked to solve a coding problem during the interview, so brush up on your skills and be ready to demonstrate your knowledge.
✨Demonstrate Your Economic Knowledge
Familiarise yourself with current global economic trends and events, especially those that could impact country risk. Be ready to discuss how these factors influence economic reports and credit ratings, as this will show your understanding of the role's responsibilities.
✨Prepare for Data Analysis Questions
Expect questions related to data collection and analysis. Be prepared to explain your approach to handling large datasets and how you would ensure accuracy in your reports. Highlight any relevant experience you have in producing economic reports or market briefings.
✨Practice Your Presentation Skills
As presenting findings to internal stakeholders is a key part of the job, practice explaining complex economic concepts clearly and concisely. You may be asked to present a topic during the interview, so think about how you can engage your audience effectively.