Sr. Financial Analyst (Property and Casualty) | Bedminster, NJ, USA
A.M. Best Europe - Rating Services Ltd
Remote
Full-Time
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Job Description
- Flexible and hybrid work arrangements
- Paid time off/Paid company holidays
- Medical plan options/prescription drug plan
- Dental plan/vision plan options
- Flexible spending and health savings accounts
- 401(k) retirement savings plan with a Roth savings option and company matching contributions
- Educational assistance program Overview The Sr.
- Conduct thorough, objective and efficient company research in respect of increasingly complex insurance companies using financial and non-financial information, including audited financial statements, public accounts and other relevant management information.
- Produce timely, high quality credit reports to support the assigned ratings, documenting analysis and recommendations to be reviewed and updated by the analytical team leader.
- Present analysis at rating committee meetings demonstrating good judgment in communicating rating recommendations.
- Conduct on-going monitoring and surveillance of assigned portfolios, including rating changes, market/industry/regulatory developments, news events etc. identifying early warning signs that need to be brought to committee for event driven rating actions.
- Keep up to date with relevant industry, market and professional developments through continued professional development and learning, including, for example, undertaking research, attending seminars, market briefings and presentations etc.
- Manage the relationship with rated companies, increasingly leading management meetings, communicating rating outcomes and effective management of expectations.
- Proactively identify areas for performance or process improvement, recommending actions and positively contributing to the implementation of changes.
- Continue to develop a network of contacts in the insurance market (clients, brokers, regulators and prospects) utilizing contacts as a source of informal market research.
- Maintain or work to develop strong analytical skills through a professional designation and continuing education (CFA, Actuarial, MBA, CLU, FLMI, FRM, etc.)
- Willingness to travel up to 20%. Qualifications
- 5-7 years Financial Analysis experience in an insurance company or rating agency, or related experience is required.
- Bachelor's degree in Finance, Actuarial, Accounting, or Economics is required.
- 3 plus years' of financial analysis experience or related experience is required.
- Must be proficient in Microsoft Office with excellent organizational and administrative skills.
- Advanced degree or professional designation is preferred (CFA, Actuarial, MBA, CLU, FLMI, FRM, etc.). Skills
- Developed analytical skills and knowledge of financial markets and economic/industry trends.
- Strong written and verbal communication skills in English.
- Experience presenting in a conference setting is a plus.
- Evidence of developing and managing professional relationships with external stakeholders.
- Self-starter and pro-active in bringing new ideas and solutions to the table and aggressively seeking knowledge.
- Demonstrated ability to manage own time efficiently and effectively, and be able to multitask, absorb ideas and facts quickly, while maintaining a strict eye for detail.
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