The Senior Credit Analyst will be the lead credit rating resource for new reinsurance counterparties for the L&G Group, providing divisional and L&G Group governance committees with credit rating recommendations and credit analysis of counterparties. In the role you will be working closely with deal / project teams to understand the nature of, and strategy underlying the transactional relationship between L&G and the relevant (re)insurance counterparties. Where appropriate, you will engage directly with counterparties to assist in the credit analysis, including discussions with senior management.

The Senior Credit Analyst will also be responsible for other independent credit rating analysis and assignment for both direct and bilateral transactions. The Senior Credit Analyst will assume primary responsibility of one or more sectors and will be expected to analyze credits across a number of different sectors. The successful candidate will also be expected to participate actively in both Credit and Investment Committees.

Through the objectivity and reliability of their analysis the Senior Credit Analyst will support the origination teams in their structuring and closing of transactions which will in turn present a risk / reward balance for LGIM’s customers. The implementation of the internal process and the public rating criteria ensure the Credit Analyst’s independence as well as a robust and consistent internal rating. The Credit Analyst will be expected to contribute to internal rating methodologies.

Provide timely and independent analysis of the credit ratings for both new and existing transactions. This includes:

• New Credit Ratings Assessment - maintaining an effective working relationship with originating teams throughout the assessment process

• Credit Ratings Review / Portfolio Monitoring - working with origination teams to ensure information flow and on-going monitoring of the counterparties/loan portfolio

• Rating Methodology / Processes - contributing proactively to LGIM’s internal rating procedures through suggestions of improvements or best practice

• Data Management / Programming - progressing the team’s digitalization journey

• Financial and credit analysis experience in at least one of the following sectors: reinsurance / life insurance, and to a lesser degree financial institutions, funds and asset managers
• Rating agency experience 
• Ability to grasp trends both at a macro and micro level, and to appreciate the interaction between both levels
• Experience of attending due diligence processes/management meetings with counterparty company management
• Strong Microsoft Excel skills
• Articulate with the ability to communicate concisely and clearly in both speaking and written mediums
• Lateral thinker; rigorous, yet creative
• Team player
• Keen eye for detail and a professional approach to all tasks
• Strong drive to improve and optimize processes

When you commit to Legal & General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.

If you join us, you’ll get access to some great benefits, including private medical insurance, 27 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You'll receive a car allowance of 12% of your annual salary, and you can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave. 

You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings.