At a Glance
- Tasks: Conduct credit analysis and assign ratings for (re)insurers with team support.
- Company: Join AM Best, a leading global credit rating agency in the insurance sector.
- Benefits: Enjoy opportunities for international travel and professional development.
- Why this job: Be part of a dynamic team influencing the insurance market while building valuable industry connections.
- Qualifications: Knowledge of finance, insurance principles, and fluency in French or Russian is preferred.
- Other info: Engage in exciting projects and contribute to impactful market research.
The predicted salary is between 36000 - 60000 £ per year.
As an analyst, you will carry out credit analysis and assign ratings on a portfolio of (re)insurers under the guidance and support of an analytical team leader. AM Best’s London analytical team works closely with its other offices in the US, Europe and Asia, and is itself supported by a wider business function in London. The team consists of approximately 20 analytical staff, within which there is a broad array of expertise, and is responsible for AM Best’s ratings in the London, European (ex-EU), Bermuda, Middle Eastern, African, and CIS market.
Responsibilities:
- As the primary analyst, the candidate will take responsibility for timely and high-quality credit assessments on a portfolio of (re)insurers, as well as producing accurate and informative documentation to support the credit decision.
- Regular interaction with senior management of (re)insurers and requirement to attend company meetings, with support from more senior colleagues, to obtain relevant information to support the credit assessment.
- Conduct on-going surveillance of assigned portfolios and develop industry knowledge, including the identification of key trends and issues that may affect the assigned portfolio of (re)insurers.
- Present analysis at rating committee, participate in rating committees of other analysts, and contribute to internal discussions regarding the state of the (re)insurance markets and rating issues.
- Contribute to external presentations, seminars and the writing and research of external specialist reports commenting on key market issues and trends.
- Develop a network of contacts in the (re)insurance market (including clients, brokers and other stakeholders) for the purpose of developing market intelligence.
- Occasional international travelling will be required for this role.
Skills Required:
- Developed knowledge of the insurance market and principles of finance and accounting.
- Conducted financial analysis, ideally within the insurance industry, financial services sector, or a financial services consultancy firm.
- Experience within insurance, actuarial or IFRS 17 is an advantage.
Language Required:
- Fluency (written and spoken) in one of the following languages is an advantage: Russian or French.
- Strong written and verbal communication skills in English.
Rating Analyst (French/Russian) employer: AM Best
Contact Detail:
AM Best Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Rating Analyst (French/Russian)
✨Tip Number 1
Familiarise yourself with the latest trends and developments in the (re)insurance market. This will not only help you during interviews but also demonstrate your genuine interest in the field.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who work as analysts or in similar roles. Attend industry events or webinars to make connections that could lead to valuable insights and potential referrals.
✨Tip Number 3
Brush up on your financial analysis skills, particularly in relation to the insurance sector. Being able to discuss financial principles confidently will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your language skills in detail, especially if you are fluent in French or Russian. Highlight any relevant experiences where you've used these languages in a professional context, as this can be a significant advantage.
We think you need these skills to ace Rating Analyst (French/Russian)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in credit analysis, financial services, or the insurance industry. Emphasise any specific projects or roles that demonstrate your analytical skills and knowledge of finance and accounting.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the Rating Analyst position and explain how your background aligns with the responsibilities outlined in the job description. Mention your fluency in French or Russian and how it can benefit the team.
Showcase Relevant Skills: Highlight your strong written and verbal communication skills in English, as well as your ability to conduct financial analysis. Provide examples of how you've successfully interacted with senior management or contributed to team discussions in previous roles.
Proofread Your Application: Before submitting your application, carefully proofread all documents to ensure there are no spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a role that involves producing accurate documentation.
How to prepare for a job interview at AM Best
✨Showcase Your Analytical Skills
As a Rating Analyst, you'll need to demonstrate your ability to conduct thorough credit analyses. Be prepared to discuss your previous experiences in financial analysis, particularly within the insurance sector, and how you've applied these skills to make informed decisions.
✨Demonstrate Industry Knowledge
Familiarise yourself with current trends and issues in the (re)insurance market. During the interview, reference specific examples of how these trends could impact credit assessments, showing that you are proactive in staying informed about the industry.
✨Highlight Communication Skills
Since the role involves regular interaction with senior management and presenting at rating committees, it's crucial to showcase your strong communication skills. Prepare to discuss how you've effectively communicated complex information in the past, both in writing and verbally.
✨Prepare for Language Proficiency
If you're fluent in French or Russian, be ready to demonstrate this during the interview. You might be asked to converse in one of these languages or discuss how your language skills can enhance your contributions to the team and client interactions.