Sr. Criteria Analyst

Apply Now

Company: A.M. Best

Location: Oldwick, NJ 08858

Description:

Overview

The Sr. Criteria Analyst, Credit Rating Criteria is a member of the Credit Rating Criteria, Research and Analytics Group, and is responsible for the application, maintenance and review of Best's Rating Methodology (BRM) and the related criteria procedures within rating analytics. The Sr. Criteria Analyst will be charged with assisting in the writing, testing and reviewing of existing and new criteria procedures for insurance-related ratings. Looking for a highly organized, analytical thinker who has a desire to broaden their insurance industry knowledge and leverage their current skills and education to advance AM Best's role in the market.

Responsibilities

  • Write, test, review in-force and new criteria procedures as well as the overall Best's Credit Rating Methodology and Best's Insurance-Linked Securities and Structures Methodology
  • Provide support for documentation in the Procedure Review process for existing criteria and assist in authoring/editing of criteria procedures
  • Participate in dialogue with internal and external constituents regarding inquiries about criteria
  • Lead and facilitate the Impairment Working Group process
  • Participate actively in Corporate Policy Rating Committee meetings, challenging assumptions and offering thought leadership on industry and criteria issues and all items presented at CRPC meetings for review
  • Contribute to benchmarking efforts, analyzing the consistency of rating assignments and the application of rating approaches
  • Conduct thorough documentation of the review process for external comments on Criteria
  • Coordinate and participate in meetings with Rating Division representatives
  • Assist in the development of training on existing and/or new criteria applications and provide training to staff as needed
  • Handle all ad-hoc requests and develop procedures as needed
  • Provide support functions for regulatory and compliance fulfillment
  • Participate in the assembling of documentation for internal validation review and audit


Qualifications

  • Bachelor's Degree required
  • 5 to 7 years' insurance, finance or rating agency background preferred
  • Additional certifications (e.g. CPCU etc.) preferred
  • Actuarial designation, or active pursuit of one, is beneficial


Skills
Strong business and technical writing/editing, communication and interpersonal skills. Ability to coordinate between internal groups is key
Proficient in the use of Microsoft Office, specifically Excel-intermediate level; PowerPoint and Word
Good knowledge base of the insurance industry/financial markets. Life/Health industry segment experience and knowledge a plus
Strong knowledge of the life and health insurance markets, principles of finance, and statutory accounting
Ability to explain complex tasks and processes in a cogent manner
Excellent time management and planning abilities
Efficient organizational skills and attention to detail
Ability to multi-task and be a team player
Motivated to learn new skills and enhance knowledge of the insurance industry and the role of the Criteria Group

Similar Jobs