Credit Analyst

The Securities Valuation Office (SVO) of the National Association of Insurance Commissioners (NAIC) is seeking a Credit Analyst to perform credit and analytical work on a high‑volume portfolio of debt securities for inclusion in the NAIC Securities database. The role is full‑time, hybrid, and requires residency within 100 miles of the New York, NY office. The analyst will work independently, communicate effectively with internal and external customers, and contribute to SVO initiatives and projects.

Responsibilities

• Perform credit analysis of assigned sectors of corporate or structured securities across a wide variety of industries to establish appropriate ratings, using security structure, legal agreements, financial statements, peer comparisons, industry data, economic trends, and third‑party support.
• Prepare efficiently written credit reports (e.g., Initial Filing or Annual Update) and deliver concise verbal presentations to the credit committee, adhering to internal analysis standards.
• Respond to appeals, both verbal and written, and meet productivity and timeliness requirements.
• Review Regulatory Treatment Analysis Service (RTAS) requests for credits in the assigned portfolio and document rating rationale for credit‑committee review.
• Identify and participate in internal and external professional‑development opportunities to broaden analytical skill sets.
• Develop a strong working knowledge of the Purposes and Procedures Manual of the Investment Analysis Office and the Accounting Practices & Procedures Manual of the NAIC.
• Produce research on important industry trends and issues within the assigned portfolio that may be relevant to regulators.
• Respond to informational requests from regulators, insurers, NRSROs, investment bankers, and other sources.
• Maintain excellent interpersonal skills to disseminate information and viewpoints to a variety of customers, including regulators.

Minimum Education and Experience

• Master’s degree (M.A., M.B.A.) in Finance or equivalent, and/or CFA designation.
• Five to ten years of related experience, with at least five years of fundamental credit analysis or equivalent training.

Preferred Experience

• Experience performing credit analysis at a Nationally Recognized Statistical Rating Organization (NRSRO or “credit rating agency”).

Systems & Technology Requirements

• Intermediate to advanced 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.

Sponsorship

Applicants must be authorized to work for any employer in the United States. The NAIC does not sponsor or take over sponsorship of an employment visa.