Senior Credit Analyst - Reinsurance/Insurance

The Senior Credit Analyst will be the lead credit rating resource for new reinsurance counterparties for the L&G Group, providing divisional and L&G Group governance committees with credit rating recommendations and credit analysis of counterparties. In the role you will be working closely with deal / project teams to understand the nature of, and strategy underlying the transactional relationship between L&G and the relevant (re)insurance counterparties. Where appropriate, you will engage directly with counterparties to assist in the credit analysis, including discussions with senior management.

The Senior Credit Analyst will also be responsible for other independent credit rating analysis and assignment for both direct and bilateral transactions. The Senior Credit Analyst will assume primary responsibility of one or more sectors and will be expected to analyze credits across a number of different sectors. The successful candidate will also be expected to participate actively in both Credit and Investment Committees.

Through the objectivity and reliability of their analysis the Senior Credit Analyst will support the origination teams in their structuring and closing of transactions which will in turn present a risk / reward balance for LGIM's customers. The implementation of the internal process and the public rating criteria ensure the Credit Analyst's independence as well as a robust and consistent internal rating. The Credit Analyst will be expected to contribute to internal rating methodologies.

What you'll be doing

Provide timely and independent analysis of the credit ratings for both new and existing transactions. This includes:

• New Credit Ratings Assessment - maintaining an effective working relationship with originating teams throughout the assessment process
• Credit Ratings Review / Portfolio Monitoring - working with origination teams to ensure information flow and on-going monitoring of the counterparties/loan portfolio
• Rating Methodology / Processes - contributing proactively to LGIM's internal rating procedures through suggestions of improvements or best practice
• Data Management / Programming - progressing the team's digitalization journey

What we're looking for

• Financial and credit analysis experience in at least one of the following sectors: reinsurance / life insurance, and to a lesser degree financial institutions, funds and asset managers
• Rating agency experience
• Ability to grasp trends both at a macro and micro level, and to appreciate the interaction between both levels
• Experience of attending due diligence processes/management meetings with counterparty company management
• Strong Microsoft Excel skills
• Articulate with the ability to communicate concisely and clearly in both speaking and written mediums
• Lateral thinker; rigorous, yet creative
• Team player
• Keen eye for detail and a professional approach to all tasks
• Strong drive to improve and optimize processes