Credit Analyst, Associate Director - Insurance - Chicago

About the role

Fitch Ratings’ North American Insurance group provides public and private ratings of insurance companies and their debt instruments in United States, Canada, and Bermuda. The department covers insurance sectors including Life, Property/Casualty, Reinsurance, Health, Mortgage, Title, Captives, Financial Guaranty, and Insurance-Linked Securitizations and has staff in New York, Chicago and Toronto. The global insurance team is comprised 70 staff members across North America, Europe Africa and the Middle East, Asia Pacific, and Latin America.

Responsibilities

• Provide credit analysis for our North American Insurance Group analyzing insurance companies with an emphasis on US Life Insurance entities.
• Maintain a varied portfolio of regulated insurance companies, insurance holding companies, and issuances across either the life space, either as lead or secondary analyst role.
• Monitor and analyze company news flow and financial results to identify events or trends which may lead to rating changes.
• Conduct meetings with rated company’s senior management.
• Present and discuss recommendations for new ratings or rating changes, holding internal rating committees as well as communicating Fitch’s credit opinions externally.
• Be involved with ad-hoc sector commentaries and topical research.
• Interact with investors and bankers, as well as rated insurers.
• Some, but not an excessive level, of travel will be required.

Requirements

• Bachelor’s degree
• 5-7 years of relevant experience in life insurance analysis or in a strategic planning, financial management or actuarial position within the insurance industry
• CFA/MBA/CPA or actuarial designations a plus, but not a requirement
• Self-motivated professional
• Strong analytical, quantitative, and organizational skills
• Excellent written and verbal communication skills
• Ability to shift fluidly between multiple projects as priorities change
• Expertise in Excel and Word

Qualifications

• Ability to excel in a team-oriented environment
• Strong interpersonal skills
• Ability to work independently and manage multiple tasks
• Strong problem-solving and decision-making skills

Skills

• Strong analytical and quantitative skills
• Excellent written and verbal communication skills
• Proficiency in Excel and Word
• Experience in life insurance analysis
• Experience in financial management or actuarial positions within the insurance industry

Benefits

Fitch Ratings offers a range of credit ratings, research, and data services to help investors make informed decisions. The Financial Institutions Group focuses on providing ratings and analysis for banks, insurance companies, and other financial institutions. Fitch Ratings is a global company with a presence in over 30 countries, offering opportunities to work with diverse teams and clients from around the world. We’ll Count On You To Lead coverage on a portfolio of life insurance companies, Interact with management of life insurance companies, Prepare and present rating committee packages, Participate in rating committees, Author company research and commentary, Contribute to insurance industry research, Participate in analytical projects utilizing industry financial data sources, Back-up coverage on selected insurance companies, Maintain files in accordance with company policies.

Pay

Expected base pay rates for the role will be between $115,000 and $135,000. Actual salaries will be determined on an individualized basis and may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors.

Schedule

Not specified