Insurance Rating Analyst (French/Russian)

BMO Harris Bank; London; On-site; GBP 45,000 - 65,000; Full time

Job summary

A leading bank in the UK is seeking a primary analyst for credit assessments of (re)insurers. This role involves financial analysis, stakeholder engagement, and presenting findings at rating committees, alongside developing industry knowledge. Ideal candidates will possess a Bachelor degree and demonstrate effective time management and organizational skills.

Qualifications

• Developed knowledge of the insurance market and finance principles.
• Experience in financial analysis within insurance or consultancy.
• Bachelor's degree required; further qualifications advantageous.

Responsibilities

• Perform credit assessments on a portfolio of (re)insurers.
• Conduct ongoing surveillance of assigned portfolios.
• Present analysis at rating committee and contribute to discussions.

Skills

Knowledge of insurance market

Financial analysis

Professional relationship management

Organisational skills

Multitasking

Education

Bachelor degree

MSc, MBA, CFA, ACA/ACCA, Actuarial

Job description

Responsibilities

• As the primary analyst, the candidate will take responsibility for timely and high-quality credit assessments on a portfolio of (re)insurers, as well as producing accurate and informative documentation to support the credit decision
• Regular interaction with senior management of (re)insurers and requirement to attend company meetings, with support from more senior colleagues, to obtain relevant information to support the credit assessment
• Conduct on-going surveillance of assigned portfolios and develop industry knowledge, including the identification of key trends and issues that may affect the assigned portfolio of (re)insurers
• Present analysis at rating committee, participate in rating committees of other analysts, and contribute to internal discussions regarding the state of the (re)insurance markets and rating issues
• Contribute to external presentations, seminars and the writing and research of external specialist reports commenting on key market issues and trends. Additionally, the candidate will be expected to develop a network of contacts in the (re)insurance market (including clients, brokers and other stakeholders) for the purpose of developing market intelligence
• Occasional international travelling will be required for this role.

Skills and Experience

• Developed knowledge of the insurance market and principles of finance and accounting
• Experience of conducting financial analysis, ideally within the insurance industry, financial services sector, or a financial services consultancy firm
• Experience within insurance, actuarial or IFRS 17 is an advantage
• Experience of developing and managing professional relationships with external stakeholders
• Bring new ideas and solutions to the table and constantly seek knowledge
• Must demonstrate ability to manage own time efficiently and effectively, and be able to multitask, absorb ideas and facts quickly, while maintaining a strict eye for detail
• Excellent organisational and administrative skills

Language Requirement

• Fluency (written and spoken) in one of the following languages is an advantage: Russian or French
• Strong written and verbal communication skills in English

Education and Qualifications

• Bachelor degree is a minimum entry requirement
• Additional relevant professional qualifications are an advantage (MSc, MBA, CFA, ACA/ACCA, Actuarial, etc.)