Senior Credit Analyst (Reinsurance/Insurance) at LegalAndGeneral

City of London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

20 Jul, 26

Salary

0.0

Posted On

21 Apr, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit analysis, Reinsurance, Life insurance, Financial analysis, Credit risk, Transaction structuring, Counterparty assessment, Credit rating frameworks, Stakeholder management, Financial statement analysis, Due diligence, Credit committees, Microsoft Excel, Risk assessment, Portfolio monitoring

Industry

Financial Services

Description

Company Description Legal & General (L&G) is a leading UK financial services group and major global investor. We’ve been safeguarding people’s financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders. We are one of the world’s largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income. Our global asset management business provides our clients and partners with complex, responsible investment solutions, working internationally across public and private markets. Who we are We are one of Europe’s largest asset managers and a major global investor across public and private markets. Asset Management is a critical driver of our Group strategy. The business aims to work synergistically with our Institutional Retirement and Retail divisions to benefit our clients and customers, and deliver enhanced shareholder returns. Our investment philosophy and processes are focused on creating value over the long term. We believe that incorporating financially material sustainability criteria, when relevant to our clients, can create value and drive positive change. Job Description We’re looking for a Senior Credit Analyst to join our Credit Ratings team, where you’ll play a key role in supporting high‑quality investment decisions across reinsurance and insurance counterparties. This role offers the opportunity to work closely with origination teams, senior stakeholders and governance committees, contributing independent, objective credit analysis that underpins long‑term value for our customers. You’ll take ownership of credit ratings for new and existing transactions, engage with counterparties and internal experts, and contribute to the ongoing evolution of credit methodologies and processes within the team. What you’ll be doing: Leading independent credit analysis and internal rating assessments for new reinsurance and insurance counterparties Partnering closely with origination and deal teams to understand transaction structures, strategy and risk profiles Reviewing financial statements, legal documentation, operating plans, industry dynamics and due diligence materials Providing early indicative feedback on potential rating outcomes and key credit drivers Presenting credit recommendations to Credit Committees and contributing to discussions and decisions Monitoring assigned portfolios through annual reviews, ad hoc assessments and ongoing information flow Supporting internal rating methodologies, tools and process improvements Mentoring junior colleagues and sharing expertise across the wider credit team Who we’re looking for: Significant experience in financial and credit analysis within reinsurance or life insurance, with broader financial institutions exposure an advantage Strong understanding of credit risk, transaction structures and counterparty assessment Experience working with internal or external credit rating frameworks and methodologies Confidence engaging with senior stakeholders, including participation in credit or investment committees Ability to analyse trends at both macro and micro levels and assess their interaction High attention to detail with clear, concise written and verbal communication skills Strong technical skills, including advanced Microsoft Excel capability A collaborative mindset, with curiosity, professionalism and a drive to continuously improve processes Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer: The opportunity to participate in our annual, performance -related bonus plan and valuable share schemes Generous pension contribution Life assurance Healthcare Plan (permanent employees only) At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday Competitive family leave Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice (permanent employees only) There are the many discounts we offer – both for our own products and at a range of high street stores and online We’re creating net‑zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in‑person experience Additional Information At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all. If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel. We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time, term-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can. It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose. Permanent/Regular or Fixed Term Contract/Temporary: Permanent (UK and ROW) / Regular (US) L&G Business Unit: Legal & General Investment Management L&G sub Business Unit: LGIM Primary Location: London, One Coleman Street Job Family: Risk

Responsibilities

The Senior Credit Analyst will lead independent credit analysis and internal rating assessments for reinsurance and insurance counterparties. They will also partner with origination teams to evaluate transaction structures and present credit recommendations to governance committees.