Credit Risk Analyst

Credit Risk Analyst New York, NY I Morristown, NJ I Bloomfield, NJ I Washington, DC I Chicago, IL I Atlanta, GA I USA AXA XL is seeking a Credit Risk Analyst to join its Political Risk, Credit and Bond (PRCB) insurance team. The candidate will primarily support the US-based Commercial Bond underwriting team and should have a robust background in credit, industry, and US macro analysis. Experience in Surety andor Commercial Bond underwritinganalysis will be particularly valued. The PRCB team operates in a highly competitive and fast-paced environment; candidates will accordingly work under tight deadlines and should be able to multi-task while never losing focus of AXA XL's key business drivers and the team's risk parameters and underwriting philosophy. This is a highly rewarding position with great development potential for professionals with a Robust work ethic, demonstrable quantitative analytical credit skills, and a proven ability to work in a collaborative environment. DISCOVER your opportunity What will your essential responsibilities include? Conduct financial analysis of domestic (US) corporate and bank risks to support the underwriting of Commercial Bond and, occasionally, Trade Credit transactions. Perform background research on companies, industry trends and operating environments. Contact bank and credit rating agencies, and other information service providers, if necessary, to complete the assessment of transaction risks. Work in close coordination with PRCB's India-based credit risk team in order to provide accurate corporate credit ratings on a timely basis. Conduct quarterly portfolio reviews with regional underwriting teams. Assist Global Head of Risk in the monitoring and reporting on the global PRCB portfolio to ensure compliance with internal risk parameters and procedures. Work with actuarial and underwriting teams to determine the PML (Probable Maximum Loss) on exposures, and to review loss trends for self-insurance or deductible retro program bonds. Present research and analysis to underwriters and senior managers. Participate in discussions and decision-making process by providing valuable insights and in-depth analysis of specific transaction risks. Draft credit memoranda to document transactions in preparation for approval and binding of cover. Participate in the identification of information sources, testing of risk analysis models, gathering of reference information, and other special risk-related projects as mandated by management. Assist in the preparation of reports and data for presentations to internal committees and reinsurers. Contribute to the execution of special projects and strategic initiatives as mandated by AXA XL Senior Management, often requiring portfolio modeling and projections. Support underwriters in client relationship and business development activities. You will report to Global Head of Risk, PRCB.SHARE your talent SHARE your talent We're looking for someone who has these abilities and skills: Bachelor's degree in accounting, Business, Economics, Finance, or a related discipline from a recognized university. MBA, master's degree or equivalent graduate level coursework is a definite plus. Moderate relevant professional experience, preferably with exposure to Surety, Commercial Bond or Credit insurance. Deep understanding of balance sheet, cash flow analysis, and ratio analysis. Highly developed analytical skills, robust financial analysis knowledge. Robust written and oral communication skills with a proven ability to convey complicated concepts and ideas clearly and succinctly. Demonstrated ability to work collaboratively within a high performing team. FIND your future AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don't just provide reinsurance, we reinvent it. How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business - property, casualty, professional, financial lines and specialty. With an innovative and flexible approach to risk solutions, we partner with those who move the world forward. Learn more at Inclusion & Diversity AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It's about helping one another - and our business - to move forward and succeed. Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe Robust support for Flexible Working Arrangements Enhanced family friendly leave benefits Named to the Diversity Best Practices Index Signatory to the UK Women in Finance Charter Learn more at about-usinclusion-and-diversity . AXA XL is an Equal Opportunity Employer. Sustainability At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called "Roots of resilience," focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations. Our Pillars: Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society - are essential to our future. We're committed to protecting and restoring nature - from mangrove forests to the bees in our backyard - by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans. Addressing climate change: The effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions. Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We're training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting. AXA Hearts in Action : We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL's "Hearts in Action" programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving. For more information, please see Sustainability at AXA XL . The U.S. pay range for this position is USD 89,000 - 149,000. Actual pay will be determined based upon the individual's skills, experience, and location. We strive for market alignment and internal equity with our colleagues' pay. At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. Wealsobelieve in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers. For more details aboutAXA XL's benefits offerings, please visit US Benefits at a Glance 2025.

Created: 2025-02-17