Credit & Political Risk Analyst

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