Credit & Political Risk Analyst

City of London Permanent
  • This is a new permanent role in a well established insurance firm
  • This person will have credit risk experience in a bank or insurer

About Our Client

My client is a leading insurance business. This role is based in the City of London.

Job Description

The Credit & Political Risk Analyst will be responsible for:

  • Help to build, enhance and maintain pricing, aggregation and all analytical models.
  • Ensure that sound credit risk monitoring frameworks are implemented and maintained and are conveyed to each member of the Political Risk & Credit team.
  • Undertake detailed financial analysis and forward looking projections/ stress testing and scenario analysis of new and renewal transactions for Sovereigns, Corporates & Financial Institutions.
  • Produce concise and well-written analysis of risks reviewed.
  • Provide recommendations for credit limits and manage internal credit ratings and limits across the portfolio.
  • Review and summarise political and macroeconomic and country-specific conditions to support the underwriting of political risk transactions.
  • Actively participate in various transaction related meetings, including internal meetings to discuss risks being reviewed or risks currently written.
  • Attend meetings, calls etc. where requested by underwriting
  • Proactively monitor the Political Risk & Credit portfolio to ensure ongoing robust assessment of existing credit exposure.
  • Monitor political, legal, socio-economic and regulatory developments in countries where the firm have underwritten risk and identify issues that may require further analysis or action. Create and maintain a forward-looking calendar of significant events in countries of interest where we have exposure.
  • Prepare regular portfolio reviews and updates for the underwriting team and management, highlighting key portfolio trends and risks.
  • Ensure deteriorating obligor trends are timely identified and work jointly with underwriters and where appropriate Claims to manage problem credits and/or workout situations.
  • Grow the team's analytical skills and business knowledge, sharing subject matter expertise and acting in a mentorship capacity where appropriate.
  • Work and liaise with our actuarial, pricing and exposure management teams.

The Successful Applicant

The successful Credit & Political Risk Analyst will have:

  • Strong analytical skills, including credit, financial institution and sovereign risk analysis
  • Knowledge of global economic and political affairs
  • Robust, resilient and able to cope well under pressure.
  • Willingness to take ownership of the role and to meet tight deadlines in a fast paced environment
  • Excellent written and verbal communication skills
  • Able to work and proactively contribute to a team environment

What's on Offer

This is a permanent Credit & Political Risk Analyst role based in the City of London.

Contact
Victoria Karpinski
Quote job ref
JN-032022-5396857
Phone number
+44 20 7645 1436

Job summary

Sector
Banking & Financial Services
Subsector
Risk Management
Industry
Financial Services
Location
City of London
Contract type
Permanent
Consultant name
Victoria Karpinski
Consultant phone
+44 20 7645 1436
Job reference
JN-032022-5396857