Credit Analyst

Travelers Insurance; Hartford (CT); In loco; USD 99.000 - 163.000; Tempo pieno

Vantaggi offerti da questo lavoro

Health Insurance

401(k) Matching

Pension Plan

Paid Time Off

Wellness Program

Volunteer Rewards

Descrizione del lavoro

Travelers is seeking a seasoned Credit Analyst to manage credit risk for loss-sensitive insurance programs. You will produce account, prospect, and industry credit reports, evaluate financial information, and provide sound credit and collateral recommendations to protect the company while supporting retention and new business.

The role requires strong analytical skills, independence, and collaboration with underwriting and marketing teams.

Competenze

• 7 years of experience in credit risk management, financial analysis, and/or risk assessment.
• Master’s Degree.
• Chartered Financial Analyst (CFA) or other professional designation.
• Background in financial analysis, risk assessment, and portfolio management.
• Strong analytical and quantitative skills with the ability to balance timeliness and accuracy.

Mansioni

• Serve as the primary Credit Risk Management analyst and contact for assigned industry sectors, partnering with agents, brokers, customers, and business units on credit risk exposure of accounts.
• Perform credit analysis of prospects and customers within assigned industry sectors, producing accurate, timely credit ratings with appropriate documentation, and make sound credit and collateral recommendations that support retention and new business goals.
• Collaborate with marketing and underwriting teams, including participation in client and prospect calls, in the renewal and new business process, while maintaining confidentiality of client financial information.
• Establish and maintain effective working relationships with internal and external contacts — including investment community contacts, brokers, clients, billing and collections, and management — regarding credit risk, account documentation, and collateral issues.
• Conduct target market research and gather competitive intelligence on a business group, industry, region, or account-specific basis, and communicate findings and recommendations.
• Identify process improvement opportunities and implement enhancements; support the evaluation of systems and methodologies used in the credit analysis process.
• Participate in client investor presentations and industry associations and engage in ongoing educational opportunities to expand credit and industry knowledge.
• Perform other duties as assigned.

Conoscenze

Credit risk management

Financial analysis

Analytical thinking

Communication skills

Independent worker

Formazione

Bachelor’s Degree in finance, accounting, economics

Master’s Degree

CFA or other professional designation

Bachelor’s Degree in related discipline

5 years of experience in credit risk management or financial analysis

Strumenti

Excel

Descrizione del lavoro

Who Are We?

Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Compensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary Range

$99,100.00 - $163,400.00

Target Openings

1

What Is the Opportunity?

Within the Business Insurance Credit Risk Management team at Travelers, credit analysts play a critical role in managing the credit risk exposure created by loss sensitive insurance programs. As a Credit Analyst, you will produce account, prospect, and industry credit reports and analysis to protect the Company from inappropriate credit risk while supporting retention and new business goals. In this role you will handle routine and complex credit situations with a high degree of independence, resolve difficult issues, and identify opportunities to strengthen the Company’s credit risk position. You will apply highly developed analytical, conceptual, and technical skills to evaluate financial information and make sound credit and collateral recommendations.

What Will You Do?

• Serve as the primary Credit Risk Management analyst and contact for assigned industry sectors, partnering with agents, brokers, customers, and business units on credit risk exposure of accounts.
• Perform credit analysis of prospects and customers within assigned industry sectors, producing accurate, timely credit ratings with appropriate documentation, and make sound credit and collateral recommendations that support retention and new business goals.
• Collaborate with marketing and underwriting teams, including participation in client and prospect calls, in the renewal and new business process, while maintaining confidentiality of client financial information.
• Establish and maintain effective working relationships with internal and external contacts — including investment community contacts, brokers, clients, billing and collections, and management — regarding credit risk, account documentation, and collateral issues.
• Conduct target market research and gather competitive intelligence on a business group, industry, region, or account-specific basis, and communicate findings and recommendations.
• Identify process improvement opportunities and implement enhancements; support the evaluation of systems and methodologies used in the credit analysis process.
• Participate in client investor presentations and industry associations and engage in ongoing educational opportunities to expand credit and industry knowledge.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• 7 years of experience in credit risk management, financial analysis, and/or risk assessment.
• Master’s Degree.
• Chartered Financial Analyst (CFA) or other professional designation.
• Background in financial analysis, risk assessment, and portfolio management.
• Strong analytical and quantitative skills with the ability to balance timeliness and accuracy.
• Solid knowledge of an assigned industry segment with exposure to marketing and underwriting functions.
• Demonstrated ability to communicate effectively at all levels and to work independently and as part of a team.

What is a Must Have?

• Bachelor’s Degree in finance, accounting, economics, or a related discipline.
• 5 years of experience in increasingly responsible positions in credit risk management or financial analysis.

What Is in It for You?

• Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
• Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
• Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
• Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
• Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.

Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.