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- Tasks: Lead credit analysis and support investment decisions in reinsurance and insurance.
- Company: Join a forward-thinking financial institution with a focus on sustainability.
- Benefits: Performance bonuses, generous holidays, healthcare, and electric car scheme.
- Other info: Opportunity for career growth and participation in innovative projects.
- Why this job: Make impactful decisions while mentoring others in a collaborative environment.
- Qualifications: Experience in financial analysis and strong communication skills required.
The predicted salary is between 60000 - 80000 £ per year.
We’re looking for a Senior Credit Analyst to join our Credit Ratings team, where you’ll play a key role in supporting high‑quality investment decisions across reinsurance and insurance counterparties. This role offers the opportunity to work closely with origination teams, senior stakeholders and governance committees, contributing independent, objective credit analysis that underpins long‑term value for our customers. You’ll take ownership of credit ratings for new and existing transactions, engage with counterparties and internal experts, and contribute to the ongoing evolution of credit methodologies and processes within the team.
What you’ll be doing:
- Leading independent credit analysis and internal rating assessments for new reinsurance and insurance counterparties
- Partnering closely with origination and deal teams to understand transaction structures, strategy and risk profiles
- Reviewing financial statements, legal documentation, operating plans, industry dynamics and due diligence materials
- Providing early indicative feedback on potential rating outcomes and key credit drivers
- Presenting credit recommendations to Credit Committees and contributing to discussions and decisions
- Monitoring assigned portfolios through annual reviews, ad hoc assessments and ongoing information flow
- Supporting internal rating methodologies, tools and process improvements
- Mentoring junior colleagues and sharing expertise across the wider credit team
Who we’re looking for:
- Significant experience in financial and credit analysis within reinsurance or life insurance, with broader financial institutions exposure an advantage
- Strong understanding of credit risk, transaction structures and counterparty assessment
- Experience working with internal or external credit rating frameworks and methodologies
- Confidence engaging with senior stakeholders, including participation in credit or investment committees
- Ability to analyse trends at both macro and micro levels and assess their interaction
- High attention to detail with clear, concise written and verbal communication skills
- Strong technical skills, including advanced Microsoft Excel capability
- A collaborative mindset, with curiosity, professionalism and a drive to continuously improve processes
Benefits:
- The opportunity to participate in our annual, performance‑related bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Healthcare Plan (permanent employees only)
- At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
- Competitive family leave
- Participate in our electric car scheme, which offers employees the option to hire a brand‑new electric car through tax efficient salary sacrifice (permanent employees only)
- There are many discounts we offer – both for our own products and at a range of high street stores and online
- We’re creating net‑zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in‑person experience
Senior Credit Analyst (Reinsurance/Insurance) in London employer: Banner Life Family of Companies
Contact Detail:
Banner Life Family of Companies Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Credit Analyst (Reinsurance/Insurance) in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, attend events, and connect with people on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its credit analysis processes. Be ready to discuss your experience with financial statements and credit risk, and how you can contribute to their team. Show them you mean business!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you and tailor your approach to each one. Quality over quantity, right?
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to show you were engaged and are genuinely interested in the role.
We think you need these skills to ace Senior Credit Analyst (Reinsurance/Insurance) in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Credit Analyst role. Highlight your experience in financial and credit analysis, especially within reinsurance or life insurance. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about credit analysis and how your background makes you a great fit for our team. Don’t forget to mention any experience with credit rating frameworks!
Showcase Your Communication Skills: Since this role involves engaging with senior stakeholders, make sure your written application reflects your clear and concise communication style. We love candidates who can articulate their thoughts effectively, so let that shine through!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Banner Life Family of Companies
✨Know Your Credit Analysis Inside Out
Make sure you brush up on your credit analysis skills, especially in the context of reinsurance and insurance. Be prepared to discuss specific methodologies you've used in the past and how they relate to the role. This will show that you’re not just familiar with the concepts but can apply them effectively.
✨Engage with Stakeholders
Since this role involves working closely with senior stakeholders, practice how you’ll communicate your findings and recommendations. Think about how you can present complex information clearly and concisely. Role-playing these conversations can help you feel more confident during the actual interview.
✨Showcase Your Analytical Skills
Prepare to discuss examples where you've successfully analysed financial statements or assessed credit risk. Bring along any relevant case studies or reports that highlight your analytical prowess. This will demonstrate your ability to handle the responsibilities of the role effectively.
✨Be Ready for Technical Questions
Expect some technical questions, especially around credit risk and transaction structures. Brush up on your advanced Excel skills and be ready to discuss how you’ve used them in previous roles. Showing that you’re technically savvy will give you an edge over other candidates.