Credit Analyst, Senior Analyst - Insurance - Chicago
Fitch Group, Chicago, IL, United States
This job is with Fitch Group, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.
At Fitch, we have an open culture where employees are able to exchange ideas and perspectives, throughout the organization, irrespective of their seniority. Your voice will be heard allowing you to have a real impact. We embrace diversity and appreciate authenticity encouraging an environment where employees can be their true selves. Our inclusive and progressive approach helps us to keep a balanced perspective.
Fitch is also committed to supporting its employees by advancing conversations around diversity, equity and inclusion.
Fitch’s Employee Resource Groups (ERGs) have been established by employees who have joined together as a workplace community based on similar backgrounds or life experiences.
Fitch’s ERGs are available to connect employees with others within the organization to offer professional and personal support.
With our expertise, we are not only creating data and information, but also producing timely insights from every angle to influence decision making in this ever changing and highly competitive market. We have a relentless hunger to innovate and unlock the power of human insights and to drive value for our customers. There has never been a better time to make an impact and we invite you to join us on this journey.
Credit Analyst, Senior Analyst – Insurance
Fitch Ratings is currently seeking a Senior Analyst for our North American Insurance team based out of our New York office.
As one of the world’s top three credit ratings agencies, Fitch Ratings plays a critical role in global capital markets by providing supplementary credit analysis, ratings, research, and commentary to financial market participants. For over 100 years, Fitch Ratings has been creating value for global markets through rigorous analysis and deep expertise, resulting in a variety of market-leading tools, methodologies, indices, research, and analytical products. Fitch Ratings is part of Fitch Group, a global leader in financial information services with operations in more than 30 countries, which also includes Fitch Solutions. With dual headquarters in London and New York, Fitch Group is owned by Hearst.
At Fitch Ratings, credit analysts play a pivotal role in moving markets, as quality credit analysis is the lifeblood of our organization. With a legacy of over a century, our unique approach to credit ratings offers unmatched opportunities for professional growth. Embracing a challenger mindset, you will join a team dedicated to innovating service to our clients. Our people-driven analysis thrives on collaboration across all levels and locations, surpassing traditional financial modeling. As part of our global community, you will find inspiration, challenge, and support, with ample opportunities for visibility and influence in the global financial marketplace.
What We Offer
Fitch Ratings offers a range of credit ratings, research, and data services to help investors make informed decisions.
The Financial Institutions Group focuses on providing ratings and analysis for banks, insurance companies, and other financial institutions.
Fitch Ratings is a global company with a presence in over 30 countries, offering opportunities to work with diverse teams and clients from around the world.
What You Will Do
Perform analysis of key quantitative and qualitative factors influencing the credit quality of insurers
Develop and maintain normative data supporting the analysis
Coverage on selected insurance companies
Prepare and present company analysis to Fitch’s internal credit rating committee
Participate in onsite meetings with company management
Write company research and contribute to insurance industry research
Participate in analytical projects utilizing industry financial data sources
Maintain files in accordance with company policies
What You Need to Have
Bachelor’s degree required
3–4 years of relevant analytical experience
Advanced proficiency in Excel and Word
Strong analytical, quantitative, and organizational skills
Ability to manage multiple priorities and shift fluidly between projects
Ability to excel in a team-oriented environment
What Will Make You Stand Out
Relevant experience in insurance analysis or in a strategic planning, financial management or actuarial position within the insurance industry
CFA/MBA/CPA or actuarial designations a plus, but not a requirement
Capital markets and/or credit analysis experience
Why Choose Fitch
Hybrid work environment with 2–3 days per week in the office, based on role and location
Commitment to learning and career mobility through training, leadership development, and mentorship programs
Investment in your future through retirement planning and tuition reimbursement programs
Comprehensive health and wellbeing offerings supporting physical, mental, financial, social, and occupational wellbeing
Family-friendly policies including a generous global parental leave program
Inclusive and collaborative work environment supported by global Employee Resource Groups
Dedication to giving back through paid volunteer days and matched charitable donations
Additional Information
Fitch is committed to providing global securities markets with objective, timely, independent, and forward-looking credit opinions. To protect Fitch’s credibility and reputation, employees must avoid any conflicts of interest or appearance of conflict. Successful candidates will be required to declare securities holdings and other potential conflicts prior to commencing employment and may be required to divest conflicting holdings.
Fitch is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, or any other legally protected status.
FOR NEW YORK AND CHICAGO ROLES ONLY: Expected base pay rates for the role will be between $95,000 and $110,000 per year. Actual salaries will be determined on an individualized basis and may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors.
Base pay is one part of Fitch’s total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, long-term incentives, and other benefits sponsored by Fitch.
#LI-RA1 #LI-HYBRID
Fitch is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender expression, gender identity or any other characteristic protected by law.
At Fitch, we have an open culture where employees are able to exchange ideas and perspectives, throughout the organization, irrespective of their seniority. Your voice will be heard allowing you to have a real impact. We embrace diversity and appreciate authenticity encouraging an environment where employees can be their true selves. Our inclusive and progressive approach helps us to keep a balanced perspective.
Fitch is also committed to supporting its employees by advancing conversations around diversity, equity and inclusion.
Fitch’s Employee Resource Groups (ERGs) have been established by employees who have joined together as a workplace community based on similar backgrounds or life experiences.
Fitch’s ERGs are available to connect employees with others within the organization to offer professional and personal support.
With our expertise, we are not only creating data and information, but also producing timely insights from every angle to influence decision making in this ever changing and highly competitive market. We have a relentless hunger to innovate and unlock the power of human insights and to drive value for our customers. There has never been a better time to make an impact and we invite you to join us on this journey.
Credit Analyst, Senior Analyst – Insurance
Fitch Ratings is currently seeking a Senior Analyst for our North American Insurance team based out of our New York office.
As one of the world’s top three credit ratings agencies, Fitch Ratings plays a critical role in global capital markets by providing supplementary credit analysis, ratings, research, and commentary to financial market participants. For over 100 years, Fitch Ratings has been creating value for global markets through rigorous analysis and deep expertise, resulting in a variety of market-leading tools, methodologies, indices, research, and analytical products. Fitch Ratings is part of Fitch Group, a global leader in financial information services with operations in more than 30 countries, which also includes Fitch Solutions. With dual headquarters in London and New York, Fitch Group is owned by Hearst.
At Fitch Ratings, credit analysts play a pivotal role in moving markets, as quality credit analysis is the lifeblood of our organization. With a legacy of over a century, our unique approach to credit ratings offers unmatched opportunities for professional growth. Embracing a challenger mindset, you will join a team dedicated to innovating service to our clients. Our people-driven analysis thrives on collaboration across all levels and locations, surpassing traditional financial modeling. As part of our global community, you will find inspiration, challenge, and support, with ample opportunities for visibility and influence in the global financial marketplace.
What We Offer
Fitch Ratings offers a range of credit ratings, research, and data services to help investors make informed decisions.
The Financial Institutions Group focuses on providing ratings and analysis for banks, insurance companies, and other financial institutions.
Fitch Ratings is a global company with a presence in over 30 countries, offering opportunities to work with diverse teams and clients from around the world.
What You Will Do
Perform analysis of key quantitative and qualitative factors influencing the credit quality of insurers
Develop and maintain normative data supporting the analysis
Coverage on selected insurance companies
Prepare and present company analysis to Fitch’s internal credit rating committee
Participate in onsite meetings with company management
Write company research and contribute to insurance industry research
Participate in analytical projects utilizing industry financial data sources
Maintain files in accordance with company policies
What You Need to Have
Bachelor’s degree required
3–4 years of relevant analytical experience
Advanced proficiency in Excel and Word
Strong analytical, quantitative, and organizational skills
Ability to manage multiple priorities and shift fluidly between projects
Ability to excel in a team-oriented environment
What Will Make You Stand Out
Relevant experience in insurance analysis or in a strategic planning, financial management or actuarial position within the insurance industry
CFA/MBA/CPA or actuarial designations a plus, but not a requirement
Capital markets and/or credit analysis experience
Why Choose Fitch
Hybrid work environment with 2–3 days per week in the office, based on role and location
Commitment to learning and career mobility through training, leadership development, and mentorship programs
Investment in your future through retirement planning and tuition reimbursement programs
Comprehensive health and wellbeing offerings supporting physical, mental, financial, social, and occupational wellbeing
Family-friendly policies including a generous global parental leave program
Inclusive and collaborative work environment supported by global Employee Resource Groups
Dedication to giving back through paid volunteer days and matched charitable donations
Additional Information
Fitch is committed to providing global securities markets with objective, timely, independent, and forward-looking credit opinions. To protect Fitch’s credibility and reputation, employees must avoid any conflicts of interest or appearance of conflict. Successful candidates will be required to declare securities holdings and other potential conflicts prior to commencing employment and may be required to divest conflicting holdings.
Fitch is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, or any other legally protected status.
FOR NEW YORK AND CHICAGO ROLES ONLY: Expected base pay rates for the role will be between $95,000 and $110,000 per year. Actual salaries will be determined on an individualized basis and may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors.
Base pay is one part of Fitch’s total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, long-term incentives, and other benefits sponsored by Fitch.
#LI-RA1 #LI-HYBRID
Fitch is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender expression, gender identity or any other characteristic protected by law.