At a Glance
- Tasks: Write and review insurance rating criteria, ensuring accuracy and compliance.
- Company: Join a leading credit rating agency with a strong presence in London.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Dynamic role with opportunities for growth and networking in the financial sector.
- Why this job: Make a real impact in the insurance industry while developing your analytical skills.
- Qualifications: Degree in Business, Finance, or Economics; experience in insurance or rating agencies preferred.
The predicted salary is between 60000 - 80000 £ 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.).
- 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 in London employer: CFA Institute
Contact Detail:
CFA Institute Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Criteria Analyst- Rating Methodology in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and finance sectors. Attend industry events or webinars where you can meet potential employers and showcase your expertise in rating methodologies.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Best's Rating Methodology. Be ready to discuss how your experience aligns with the role and share examples of how you've tackled similar challenges in the past.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a thank-you email expressing your appreciation for the opportunity and reiterating your enthusiasm for the role. It keeps you fresh in their minds!
✨Tip Number 4
Apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our team at AM Best.
We think you need these skills to ace Senior Criteria Analyst- Rating Methodology in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Senior Criteria Analyst role. Highlight your background in the insurance industry and any relevant qualifications, like CFA or CII, to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about credit rating criteria and how your experience makes you a perfect fit for our team. Keep it engaging and personal!
Showcase Your Writing Skills: Since this role involves a lot of writing and reviewing, make sure to demonstrate your strong business and technical writing abilities in your application. A well-structured and clear application will show us you mean business!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at CFA Institute
✨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 in the insurance industry and be ready to discuss how these might impact rating assignments.
✨Showcase Your Writing Skills
Since the role involves a lot of writing, testing, and reviewing criteria procedures, prepare examples of your previous work. Bring along any documentation that highlights your technical writing and editing skills, as well as your ability to communicate complex ideas clearly.
✨Engage in Thought Leadership
Be prepared to discuss your views on current trends in the insurance market and how they relate to credit ratings. Think about how you can challenge assumptions during discussions and demonstrate your ability to provide valuable insights.
✨Build Relationships
This role requires coordination with various internal and external stakeholders. Think of examples from your past experiences where you've successfully built professional relationships and how you managed to bring different parties together to achieve a common goal.