Credit Analyst II

National Association of Insurance Commissioners; New York (NY); On-site; USD 128,237 - 195,000; Full time

Job summary

A national insurance regulatory organization is looking for a Credit Analyst II based in New York. This role demands well-developed analytical skills for credit and debt securities analysis, requiring a Master's degree in Finance or equivalent. The chosen candidate will prepare comprehensive credit reports, engage in communication with various stakeholders, and contribute to internal initiatives. A strong background in credit analysis and proficiency in Microsoft Office and Bloomberg is necessary. A competitive salary between $128,237 and $195,000 is offered, depending on experience.

Qualifications

• 5 to 10 years of related experience with at least 5+ years in fundamental credit analysis.
• Experience performing credit analysis at a recognized credit rating agency is preferred.

Responsibilities

• Conduct credit analysis for assigned sectors.
• Prepare and present credit reports to the credit committee.
• Respond to appeals both verbally and in writing.
• Identify professional development opportunities in analysis.

Skills

Credit analysis expertise

Analytical skills

Verbal communication

Written communication

Interpersonal skills

Education

Master's degree in Finance or equivalent

CFA or equivalent

Tools

Microsoft Office Suite

Bloomberg

Job description

The Securities Valuation Office (SVO) of the National Association of Insurance Commissioners (NAIC) has an exciting opportunity for a Credit Analyst II. This team member will have well-developed, credit and analytical expertise in the field of assignment and preform credit analysis in assigned area. Functions of this role include rating and analyzing a high-volume portfolio of debt securities for inclusion in the NAIC Securities database. They will actively contribute to various SVO initiatives and projects on a regular basis. This team member works independently and must have excellent verbal and written communication skills, and maintain collegial relations with his peers, and other internal and external customers. **Responsibilities Include** credit analysis of assigned sectors of corporate or Prepares appropriate and efficiently written credit reports and make concise verbal presentations to the credit committee. Credit reports such as an Initial Filing or Annual Update reports, documenting the ratings rationale, must adhere to the internal analysis standards. Respond to appeals, both verbal and written. Achieves productivity and timeliness requirements.Identifies and participates in internal and external professional development opportunities to broaden the analytical skill set. Develops a strong working knowledge of the Purposes and Procedures Manual of the Investment Analysis Office and the Accounting Practices & Procedures Manual of the NAIC. Maintain excellent interpersonal skills in order to disseminate information and viewpoints to a variety of customers, including regulators.**Minimum Education and/or Experience Required** Master's degree (M.A.), M.B.A. in Finance or equivalent and/or CFA. Related experience of 5 to 10 years with at least 5+ years of fundamental credit analysis, and/or training or equivalent combination of education and experience. **Preferred Experience**Experience performing credit analysis at a Nationally Recognized Statistical Rating Organization (NRSRO or “credit rating agency”). **Systems & Technology Requirements** Intermediate to advanced level proficiency with Microsoft Office (Word, Excel, PowerPoint, Outlook, Access), Microsoft Windows, Bloomberg and similar software. Advanced programming capabilities with these tools is a plus.**Compensation** $128,237 up to $195,000, commensurate with education and experience. The National Association of Insurance Commissioners (NAIC) is a member-focused, non-profit Association supporting state insurance commissioners, and their departments, to effectively regulate the insurance industry and protect consumers. Headquartered in Kansas City, New York, and Washington DC, our 150-year-old Association offers the coordination of expertise in policy and regulation among state departments, data and technology, financial regulatory support, training and education, and resources for ongoing collaboration among the states and jurisdictions. **Diversity Statement**Our member-driven Association supports the dynamic and diverse needs of state regulatory agencies and the consumers of insurance products and services. Through our ongoing commitment to Diversity, Equity, and Inclusion, we believe our employees provide a wide range of experience and expertise to generate better ideas and solve complex problems consumers and our members face as insurance products and regulations evolve over time. **Guiding Principles**