At a Glance
- Tasks: Conduct credit analysis and assign ratings for (re)insurers while collaborating with a dynamic team.
- Company: Join AM Best, a leader in insurance ratings with a global presence and diverse expertise.
- Benefits: Enjoy a full-time role with opportunities for international travel and professional development.
- Why this job: Be part of a vibrant team impacting the insurance market while developing valuable industry knowledge.
- Qualifications: Fluency in Russian and strong communication skills in English; finance or insurance experience preferred.
- Other info: Engage in networking and contribute to external presentations and reports.
The predicted salary is between 24000 - 42000 £ per year.
Rating Analyst ( Insurance- Russian speaker)
Rating Analyst ( Insurance- Russian speaker)
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Direct message the job poster from AM Best
Leading and Attracting talent within Insurance Ratings UK I EU I APAC
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 Russian is required
- Strong written and verbal communication skills in English
Seniority level
-
Seniority level
Associate
Employment type
-
Employment type
Full-time
Job function
-
Job function
Accounting/Auditing and Analyst
-
Industries
Insurance
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Rating Analyst ( Insurance- Russian speaker) employer: AM Best
Contact Detail:
AM Best Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Rating Analyst ( Insurance- Russian speaker)
✨Tip Number 1
Familiarise yourself with the latest trends in the insurance market, especially those affecting (re)insurers. This knowledge will not only help you during interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the insurance industry, particularly those who work in credit analysis or related fields. Attend industry events or webinars to make connections that could provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your financial analysis skills, particularly in relation to IFRS 17 and actuarial principles. Being able to discuss these topics confidently can set you apart from other candidates.
✨Tip Number 4
Prepare for potential interviews by practising how to present your analysis clearly and concisely. You may be asked to explain complex concepts, so being articulate in both Russian and English will be crucial.
We think you need these skills to ace Rating Analyst ( Insurance- Russian speaker)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Rating Analyst. Familiarise yourself with credit analysis, insurance principles, and the specific requirements for the role, especially the need for fluency in Russian.
Tailor Your CV: Highlight your relevant experience in financial analysis, particularly within the insurance sector. Emphasise any specific projects or roles that demonstrate your understanding of credit assessments and your ability to communicate effectively in both Russian and English.
Craft a Compelling Cover Letter: Use your cover letter to explain why you are a great fit for the position. Mention your knowledge of the insurance market, your analytical skills, and your ability to work collaboratively with senior management and other stakeholders.
Showcase Your Communication Skills: Since strong communication skills are essential for this role, consider including examples in your application that demonstrate your ability to present complex information clearly and effectively, both in writing and verbally.
How to prepare for a job interview at AM Best
✨Showcase Your Financial Acumen
As a Rating Analyst, you'll need to demonstrate a solid understanding of financial analysis and the insurance market. Be prepared to discuss your previous experience in these areas, highlighting any specific projects or analyses you've conducted.
✨Prepare for Technical Questions
Expect questions that assess your knowledge of credit ratings and financial principles. Brush up on key concepts related to IFRS 17 and actuarial practices, as these may come up during the interview.
✨Demonstrate Communication Skills
Since the role involves regular interaction with senior management and presenting at rating committees, practice articulating your thoughts clearly and confidently. You might be asked to explain complex financial concepts in simple terms.
✨Research the Company and Market Trends
Familiarise yourself with AM Best's position in the insurance ratings market and current trends affecting the industry. Being knowledgeable about recent developments will show your genuine interest in the role and the company.