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- Tasks: Lead credit analysis and assessments for reinsurance and insurance transactions.
- Company: Join a forward-thinking financial institution with a focus on sustainability.
- Benefits: Performance bonuses, generous holiday, healthcare, and electric car scheme.
- Other info: Collaborative culture with opportunities for professional growth and development.
- Why this job: Make impactful investment decisions while mentoring the next generation of analysts.
- Qualifications: Experience in financial and credit analysis, 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) 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)
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, attend events, and connect on LinkedIn. The more people you know, the better your chances of landing that Senior Credit Analyst role.
✨Tip Number 2
Prepare for interviews by brushing up on your credit analysis skills. Be ready to discuss your experience with reinsurance and insurance, and how you've tackled complex financial assessments in the past.
✨Tip Number 3
Showcase your analytical prowess! Bring examples of your previous work, especially any independent credit analyses or presentations you've done. This will help demonstrate your value to potential employers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Senior Credit Analyst (Reinsurance/Insurance)
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 clear communication is key in this role, make sure your application reflects that. Use concise language and structure your documents well. We love seeing candidates who can present their ideas clearly and effectively!
Apply Through Our Website: We encourage you to apply through our website for the best experience. It’s straightforward and ensures your application gets to the right people. Plus, you’ll find all the details you need about the role there!
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
Be ready to demonstrate your ability to analyse financial statements and assess credit risk. You might be asked to walk through a case study or provide insights on a recent trend in the industry. Prepare examples that highlight your analytical prowess and how it has led to successful outcomes in previous roles.
✨Highlight Your Collaborative Spirit
This position requires a collaborative mindset, so think of examples where you’ve worked effectively in teams. Discuss how you’ve mentored junior colleagues or contributed to process improvements. Showing that you can work well with others will resonate well with the interviewers.