Credit Analyst

at  Aspen Insurance Holdings

Date: Oct 21, 2024
Location: London, GB, EC3M 3BD
Company: Aspen Insurance
Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions.
We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.
Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.
The role:
To work with the Credit and Political Risk (CPR) team’s Underwriters in analysing credit risks and providing a credit rating conclusion in accordance with the CPR business plan and risk appetite.
To manage members of the Credit Analyst team.
“Our Aspen Values are expected to be reflected in the delivery and performance of every role.”
Key Responsibilities:

Strategy and Planning

• Provide credit analysis on transactions that fit within CPR’s Underwriting and product guidelines.
• Use experience to enhance Aspen’s credit systems and processes within the Credit Analysis team.

Policy, Process and Procedures

• Comply with Aspen’s internal policies and external regulatory and statutory policies.
• Comply with CPR credit and underwriting guidelines.

Environmental Awareness/Customer Focus

• Support Underwriters with timely feedback and response on credit analysis.
• Demonstrates strong understanding and awareness of credit markets and their impact on the transactions Underwriters request credit analysis on.
• Actively participate in regular in person and online CPR and Credit team meetings.

Technical Performance

• Undertakes credit analysis and assign a credit rating conclusion on the risk profiles of obligors, financial structures and transactions, identification of the impact of relevant credit risks in transactions; review of financial models; undertake financial model stress test scenarios; transactions are across a wide range of sectors, geographies and obligors subject to the insurance policy, using a standard ‘template’ to explain the risks, financial calculations and final rating for attachment to CPR’s Cora underwriting system.
• Undertake research and prepare training and presentation materials clearly explaining the relevant credit issues and sectors for delivery to the CPR team.

People Management

• Supports Underwriters with explaining the underlying credit risks and relevant commercial issues on the transactions analysed.
• Highly organised, multi-tasking of all allocated tasks within the Credit and the CPR Team, self management, flexibility to work on competing deadlines.
• Manages, motivates, supports &/or develops Credit Analysts within the Credit Team to ensure the required standards of performance are met and facilitates the continuing of their personal and professional development, including training where appropriate.
• Acts in accordance with, and is an advocate of, the Aspen Values.

Skills & Experience:

• In depth experience of working at a (top tier international) bank in a credit analysis role, (front office) using client and bank prepared materials to write up the analysis, working with financial models, preparing a credit rating, discussing specific credit metrics with bank management and at credit committee/with credit sanctioning officers.
• Specific professional qualifications at degree level or equivalent in finance, economics or related area.
• Qualified within own professional discipline, with significant post-qualification work experience within Project & Infrastructure Financing or Leverage Financing sector and experience in Corporate credit analysis.
• CFA or ACCA would be welcome
• Strong analytical skills to analyse relevant credit risks in complex credit, transaction structures and financial models and arrive at an independent conclusion on the credit rating.
• Strong attention to detail.
• Strong level of numeracy and literary skills.
• Manage conflicting priorities to achieve deadlines.
• Able to plan effectively and efficiently.
• Ability to collaborate effectively in team environment, engage and positively influence colleagues.
• Strong interpersonal and communication skills.
• People management – enthusiastic, pro-active, motivated, ability to engage and demonstrate leadership.
• Proficient in relevant software, including MS Office applications e.g. Excel as well as other departmental software packages.
• Able to work independently.
• Project management.

At Aspen we know that having a diverse and inclusive workforce is good for our people, good for our business and good for the environments in which we operate. We therefore welcome applications from people which allows us to draw on diverse cultures, perspectives, skills and experiences.

Please refer the Job description for details