Insurance - Credit Analyst - London

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • Fitch Ratings
  • 28 Sep 16

We are looking for an insurance ratings analyst at Analyst level to join the EMEA team in London. The analyst will support the team’s analysis of insurance companies and markets, both within the UK and in the rest of Europe, initially assisting more experienced analysts but taking increasing individual responsibility over time.

Fitch Ratings is a leading provider of credit ratings, commentary and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective and insights we provide has helped investors fund a century of growth and make important credit judgments with confidence.

Fitch Ratings is part of the Fitch Group, a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of: Fitch Ratings; Fitch Solutions, a leading provider of credit market data, analytical tools and risk services; BMI Research, an independent provider of country risk and industry analysis specializing in emerging and frontier markets; and Fitch Learning, a pre-eminent training and professional development firm. With dual headquarters in London and New York, Fitch Group is majority owned by Hearst Corporation.

Fitch complies with all laws governing employment in each jurisdiction in which it operates, and provides equal opportunity to all applicants and employees. All applications will be considered without regard to race, colour, religion, gender, national origin, age, disability, marital or veteran status, sexual orientation, and other status protected by applicable laws.

 

Department Overview

The Fitch global insurance group knows what it takes to deliver value, meaning and insightful ratings to market participants. With coverage across all areas of the insurance market including life, non-life and reinsurance, our experienced analysts apply an open and balanced approach to credit assessment. Leveraging industry data and well-tested credit metrics, our analytical process is supported by a careful mix of quantitative and qualitative factors. Our global insurance team transforms data into actionable opinions that help investors confidently evaluate risk.

Our EMEA insurance team provides ratings and research on European and African insurers, and supports Fitch’s growing coverage of insurance markets across these regions. The EMEA Insurance team comprises analysts based in London, Paris, Frankfurt and Moscow.

 

Responsibilities

We are looking for an insurance ratings analyst at Analyst level to join the EMEA team in London. The analyst will support the team’s analysis of insurance companies and markets, both within the UK and in the rest of Europe, initially assisting more experienced analysts but taking increasing individual responsibility over time.

The successful candidate will:

  • carry out financial analysis and insurance research, and draft credit rating reports
  • take part in in-depth meetings and discussions with senior management at rated insurers, with the support of senior experienced colleagues
  • present their credit analysis to rating committees for insurers that they are responsible for
  • participate in rating committees for other insurers, and contribute to internal discussions on rating issues
  • contribute to the publication of topical market commentaries and reports

The role may require travel on an occasional basis.

Qualifications and Experience

Candidates must have a strong educational background including a good first degree, and at least two years’ relevant experience of financial analytical work relating to life and/or non-life insurance companies and markets. This experience may have been gained in a range of roles, such as working in a technical capacity within the insurance industry, actuarial consultancy, credit analysis, asset management or banking sector.

The ability to conduct business fluently in English is essential, while being able to do so in other major European languages would be an advantage.

The most important skills and experience requirements include:

  • the initiative, ability and organisational skills to take responsibility for a portfolio of ratings
  • a questioning mind-set to identify the pertinent questions to assess an insurer’s financial profile
  • attention to detail
  • the ability to write clearly and to explain technical concepts in simple terms
  • basic knowledge of insurance accounting and financial statements
  • understanding of – and interest in – financial metrics
  • the capacity to work independently while also having a ‘collegiate’ approach
  • the ability to cope with time pressure and deadlines.