Woodland Partners have partnered with a global Insurance Group in the search for their new Credit Risk Analyst reporting into the Head of Risk. The role will play a crucial role in supporting our insurance team by performing a variety of analytical tasks. You will be responsible for gathering and analysing data, preparing reports, and assisting with various projects to support decision-making processes. You will gain hands-on experience evaluating the creditworthiness of various asset classes and issuer, analysing financial data, and preparing portfolio sectors and issuers comprehensive credit assessments to support our risk-based decision-making processes.
Key responsibilities:
* Credit Analysis & Monitoring: evaluate the credit profile of P&C and Life portfolios by analysing financial reports and rating agency data. Support the building of credit monitoring key indicators to provide an insight on the portfolio key risks. Assist in reviewing various asset classes, including structured and private credit, through cash flow modelling and market research.
* Reporting & Committee Support: support the preparation of materials dashboards, credit memos, and materials for key stakeholders and committees (e.g., Watchlist, ALM, and Valuation) including periodic portfolio reviews and performance analysis used in key committees (e.g. Watchlist, IC ALM, ITC and AVC)
* Data & Risk Assistance: maintain rating agencies databases and assist with the monthly rating verification process and the quarterly BSCR capital reporting. Provide data to Risk, Finance, and Actuarial teams on demand, to complete various actions such as built ad hoc credit risk stresses, support impairment calculations and inputs for capital modelling assumptions (e.g., default probabilities, migration matrices).
* Collaborate with team members to ensure the accuracy and integrity of data.
Qualifications and Experience:
* Bachelor’s degree in finance, Accounting, Economics, Business Administration, or a related field (post graduate qualification preferred)
* Strong analytical and quantitative skills with a keen eye for detail.
* Proficiency in MS office, including PowerPoint presentation, Microsoft Excel, with strong financial modelling and data analysis skills
Skills:
* Experience or internship in the insurance industry or a related quantitative /data analysis field.
* A fundamental understanding of Structured Credit, Real estate, or other Fixed Income asset classes
* It is imperative that you have a recent knowledge of insurance products and terminology.
* Good knowledge of database management and query languages (e.g., SQL) and Python essential.