At a Glance
- Tasks: Write and review insurance rating criteria while collaborating with industry experts.
- Company: Join A.M. Best, a leading credit rating agency in the insurance sector.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for career growth in a supportive and innovative team.
- Why this job: Make an impact in the insurance industry with your analytical skills and expertise.
- Qualifications: Degree in Business, Finance, or Economics; insurance industry experience preferred.
The predicted salary is between 55000 - 65000 € per year.
The Sr. Criteria Analyst, Credit Rating Criteria is a member of the Credit Rating Criteria, Research and Analytics Group, and is responsible for the application, maintenance and review of Best's Rating Methodology (BRM) and the related criteria procedures within rating analytics. The Sr. Criteria Analyst will be charged with the writing, testing and reviewing of existing and new criteria procedures for insurance-related ratings. This role is based in London where AM Best has approximately 85 staff, including analysts providing financial strength ratings to the insurance industry within EMEA.
Responsibilities
- Write, test, review in-force and new criteria procedures as well as the overall Best's Credit Rating Methodology and Best's Insurance-Linked Securities and Structures Methodology with a special focus on those linked to the London/EU/Asia offices (e.g., Lloyd's, Takaful).
- Provide support for documentation in the Methodology Review process for existing criteria and assist in authoring/editing of criteria procedures.
- Participate in dialogue with internal and external constituents regarding inquiries about criteria.
- Participate in Corporate Policy Rating Committee meetings, challenging assumptions and offering thought leadership on items presented at CRPC for review.
- Contribute to benchmarking efforts, analyzing the consistency of rating assignments and the application of rating approaches.
- Assist in maintaining documentation for external comments received on Criteria/Methodology that have been subject to a public consultation period.
- Coordinate and participate in meetings with Rating Division representatives.
- Assist in the development of training on existing and/or new criteria applications and provide training to staff as needed.
- Handle ad-hoc requests and develop procedures as needed.
- Provide support functions for regulatory and compliance fulfilment and assist local compliance with any regulatory related inquiries related to BRM.
- Participate in the assembling of documentation for internal validation review and audit.
Qualifications
- BA/BS degree or equivalent required - Business, Finance, Economics or related field.
- Professional industry designation is preferred (CFA, CII, CPCU, Actuarial, etc.).
Skills
- Experience working in the insurance industry and/or rating agency background.
- Additionally, candidates from Regulatory, compliance or risk management will be preferred.
- Good knowledge base of the insurance industry/financial markets and principles of finance and accounting.
- Strong business and technical writing/editing, communication and interpersonal skills. Ability to coordinate between internal groups to build consensus is key.
- Develop and manage professional relationships with external stakeholders including issuers, market participants, and regulators.
- Proficient in the use of Microsoft Office, specifically Excel-intermediate level; PowerPoint and Word.
- Excellent time management, planning abilities, organizational skills and attention to detail.
Senior Criteria Analyst- Rating Methodology - A.M. Best Europe - Rating Services Ltd in London employer: A.M. Best Europe - Rating Services Ltd
A.M. Best Europe is an exceptional employer, offering a dynamic work environment in the heart of London, where innovation and collaboration thrive among a dedicated team of approximately 85 professionals. With a strong focus on employee growth, A.M. Best provides opportunities for continuous learning and development, alongside a supportive culture that values thought leadership and open dialogue. Employees benefit from engaging in meaningful work that directly impacts the insurance industry, all while enjoying the vibrant lifestyle that London has to offer.
Contact Detail:
A.M. Best Europe - Rating Services Ltd Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Criteria Analyst- Rating Methodology - A.M. Best Europe - Rating Services Ltd in London
✨Tip Number 1
Network like a pro! Reach out to people in the insurance and rating agency sectors. Use LinkedIn to connect with current employees at A.M. Best Europe and ask for informational chats. You never know who might help you land that interview!
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of Best's Rating Methodology. Familiarise yourself with recent trends in the insurance industry and think about how you can contribute to their criteria procedures. Show them you mean business!
✨Tip Number 3
Don’t just wait for job openings to pop up! Keep an eye on our website and apply directly through it. This shows initiative and gives you a better chance of being noticed by the hiring team.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way. Mention something specific from your conversation to remind them of your enthusiasm and fit for the role. It’s all about making that lasting impression!
We think you need these skills to ace Senior Criteria Analyst- Rating Methodology - A.M. Best Europe - Rating Services Ltd in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Senior Criteria Analyst role. Highlight your experience in writing and reviewing criteria procedures, as well as any relevant industry designations you hold. We want to see how your background aligns with our needs!
Showcase Your Skills:Don’t forget to emphasise your strong business and technical writing skills. Since this role involves a lot of documentation and communication, we’re keen to see examples of how you've successfully coordinated with internal and external stakeholders in the past.
Be Clear and Concise:When writing your application, clarity is key! Use straightforward language and avoid jargon unless it’s necessary. We appreciate a well-structured application that gets straight to the point while showcasing your qualifications.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team at A.M. Best!
How to prepare for a job interview at A.M. Best Europe - Rating Services Ltd
✨Know Your Methodology
Make sure you have a solid understanding of Best's Rating Methodology and the specific criteria procedures relevant to the role. Brush up on recent changes or updates in the methodology, as this will show your commitment and preparedness during the interview.
✨Showcase Your Analytical Skills
Be ready to discuss your experience with rating analytics and how you've applied analytical thinking in previous roles. Prepare examples that highlight your ability to challenge assumptions and provide thought leadership, as this is crucial for the Senior Criteria Analyst position.
✨Engage in Dialogue
Since the role involves participating in discussions with internal and external stakeholders, practice articulating your thoughts clearly. Think about how you would handle inquiries about criteria and be prepared to demonstrate your communication skills during the interview.
✨Highlight Your Industry Knowledge
Familiarise yourself with the insurance industry, especially in relation to EMEA markets. Be prepared to discuss current trends and challenges in the sector, as well as how your background in finance or risk management can contribute to the team.
