At a Glance
- Tasks: Conduct credit analysis and assign ratings for (re)insurers while collaborating with a supportive team.
- Company: Join AM Best, a leading global credit rating agency with a strong presence in the insurance market.
- Benefits: Enjoy opportunities for international travel, professional development, and a dynamic work environment.
- Why this job: Be part of a diverse team, gain industry insights, and make impactful contributions to the (re)insurance sector.
- Qualifications: Fluency in French and strong communication skills in English; financial analysis experience preferred.
- Other info: Ideal for those passionate about finance and insurance, with opportunities for networking and growth.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
Job Purpose
As a rating 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 French is required
- Strong written and verbal communication skills in English
Rating Analyst (French speaker) employer: AM Best
Contact Detail:
AM Best Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Rating Analyst (French speaker)
✨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, which is crucial for a role like a Rating Analyst.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who work as analysts or in related roles. Attend industry events or webinars to make connections that could provide insights and potentially lead to job referrals.
✨Tip Number 3
Brush up on your financial analysis skills, particularly in relation to the insurance sector. Being able to discuss financial metrics and their implications confidently will set you apart from other candidates.
✨Tip Number 4
Prepare to showcase your communication skills, especially in both French and English. Practice articulating complex financial concepts clearly, as this will be essential when presenting your analyses to senior management and during rating committees.
We think you need these skills to ace Rating Analyst (French speaker)
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 where you conducted financial analysis or worked with (re)insurers.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your fluency in French and how it will benefit the team. Provide examples of your analytical skills and experience in the insurance market.
Showcase Your Industry Knowledge: Demonstrate your understanding of the insurance market and current trends in your application. Reference any relevant reports or research you've conducted that align with the responsibilities of the role.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter to ensure there are no errors. A polished application reflects your attention to detail, which is crucial for a rating analyst.
How to prepare for a job interview at AM Best
✨Brush Up on Financial Analysis
Make sure you have a solid understanding of financial analysis principles, especially as they relate to the insurance industry. Be prepared to discuss your previous experience in this area and how it can apply to the role.
✨Showcase Your Language Skills
Since fluency in French is a requirement, be ready to demonstrate your language skills during the interview. You might be asked to discuss your experience or answer questions in French, so practice speaking and writing beforehand.
✨Know the Company and Its Market
Research AM Best and its position within the (re)insurance market. Understanding their ratings process and recent market trends will show your genuine interest in the role and help you engage in meaningful discussions.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your analytical thinking and decision-making skills. Think of examples from your past experiences where you had to analyse data or make critical decisions, and be ready to share those stories.