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 and to engage with global stakeholders.
- 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.
Overview
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 employer: Jobs via eFinancialCareers
A.M. Best Europe offers a dynamic and collaborative work environment in the heart of London, where employees are encouraged to grow and develop their skills within the insurance rating industry. With a focus on professional development, competitive benefits, and a culture that values innovation and thought leadership, this role as a Senior Criteria Analyst provides a unique opportunity to contribute to the evolution of credit rating methodologies while engaging with a diverse team of experts. Join us to make a meaningful impact in a supportive setting that prioritises employee well-being and career advancement.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Criteria Analyst- Rating Methodology - A.M. Best Europe - Rating Services Ltd
✨Tip Number 1
Network like a pro! Reach out to folks in the insurance and rating agency sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on Best's Rating Methodology and current trends in the insurance market. We recommend creating a cheat sheet of key points to discuss, so you can impress your interviewers with your knowledge and enthusiasm.
✨Tip Number 3
Showcase your writing skills! Since the role involves a lot of documentation and criteria procedures, consider preparing a portfolio of relevant writing samples. This will help demonstrate your technical writing abilities and attention to detail.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Senior Criteria Analyst- Rating Methodology - A.M. Best Europe - Rating Services Ltd
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in the insurance industry and any relevant qualifications. We want to see how your background aligns with the role of a Senior Criteria Analyst, so don’t hold back on showcasing your skills!
Show Off Your Writing Skills:Since this role involves a lot of writing and reviewing criteria procedures, it’s essential to demonstrate your strong business and technical writing abilities. Use clear, concise language in your application to reflect your communication skills – we’re all about clarity here at StudySmarter!
Highlight Relevant Experience:If you’ve got experience in rating agencies, compliance, or risk management, make sure to emphasise that in your application. We’re looking for candidates who can bring valuable insights from their previous roles, so don’t be shy about sharing those experiences!
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to keep track of your application and ensure it gets the attention it deserves. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Jobs via eFinancialCareers
✨Know Your Methodology
Make sure you have a solid understanding of Best's Rating Methodology and how it applies to the insurance industry. Brush up on the specifics, especially those related to London/EU/Asia offices, as this will show your commitment and expertise during the interview.
✨Showcase Your Writing Skills
Since the role involves writing and reviewing criteria procedures, be prepared to discuss your writing experience. Bring examples of your previous work or be ready to explain how you approach technical writing and editing, particularly in finance or insurance contexts.
✨Engage in Thought Leadership
Demonstrate your ability to challenge assumptions and provide insights during discussions. Think about past experiences where you've contributed to policy or methodology reviews and be ready to share your thoughts on current trends in the insurance sector.
✨Build Relationships
Highlight your experience in coordinating with internal and external stakeholders. Be prepared to discuss how you've developed professional relationships in the past, especially with regulators or market participants, as this is crucial for the role.
