Credit Risk Analyst

This is an opportunity to join Ascot Group – one of the world’s preeminent specialty risk underwriting organizations.

Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, the employees of Ascot are bound by a common mission and purpose: One Ascot.  Ascot’s greatest strength is a talented team of professionals who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.

The Ascot Way guides people and strategic direction.  Underwriting platforms collaborate to find creative ways to deploy capital in a true cross-product and cross-platform approach. These platforms work as one through a unique Fusion Model: Client-Centric, Risk-Centric, Technology-Centric.

Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre- and post-claim.  Ascot exists to solve for its clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.

Position Overview:

Reporting to the Head of U.S. Credit Exposure, the Credit Risk Analyst will partner closely with partnering with Reinsurance, Alternative Risk Solutions, Shared Risk Casualty, Workers Compensation, Surety, and Trade Credit teams by conducting thorough financial, credit, and country risk assessments of counterparties and sectors.  This role is focused on providing high-quality, data-driven analysis to enable informed underwriting decisions and effective portfolio management.  The Credit Risk Analyst will contribute to the department’s risk selection, exposure monitoring, and policy development, ensuring alignment with the company’s risk appetite and strategic objectives.

Position Overview:

Reporting to the Head of U.S. Credit Exposure, the Credit Risk Analyst will partner closely with Reinsurance, Alternative Risk Solutions, Shared Risk Casualty, Workers Compensation, Surety, and Trade Credit teams by conducting thorough financial, credit, and country risk assessments of counterparties and sectors.  This role is focused on providing high-quality, data-driven analysis to enable informed underwriting decisions and effective portfolio management.  The Credit Risk Analyst will contribute to the department’s risk selection, exposure monitoring, and policy development, ensuring alignment with the company’s risk appetite and strategic objectives.

Responsibilities:

• Credit & Financial Analysis
  • Perform detailed financial statement analysis of corporate entities across various sectors & reinsurers
  • Develop credit profiles and internal ratings to support underwriting teams including scoring, collateral requirements, proactive monitoring, exposure limit views, etc.
  • Maintain financial models and provide forward-looking assessments of credit risk
  • Monitor geopolitical and macroeconomic developments affecting Reinsurance, Alternative Risk Solutions, Loss Sensitive business, Surety, and Trade Credit teams
  • Provide objective credit risk analysis to underwriters for new submissions and renewals
  • Draft concise credit memos summarizing key risks and recommendations for internal review
• Portfolio Monitoring & Reporting
  • Track counterparty risks including sector, rating, collateral, and exposures across the portfolio
  • Monitor and escalate adverse credit developments that may impact relevant exposures
  • Assist in portfolio stress testing, scenario analysis, and concentration management
• Internal Collaboration
  • Work closely with underwriters, reinsurance, finance, actuaries, claims, and other internal teams to support disciplined risk evaluation
  • Contribute to refining risk assessment methodologies, models, and underwriting tools
  • Prepare internal reports and presentations for risk committees and senior management

  • Commitment to The Ascot Way: Demonstrate The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.

Requirements:

• 4+ years of experience in credit analysis at a bank, ratings agency, insurance company, or asset manager
• Strong financial statement analysis and credit modeling skills across multiple sectors
• Knowledge of political and country risk factors impacting international trade, investments, and corporate earnings
• High attention to detail and strong problem-solving ability
• Proficiency in Excel, financial modeling, and credit research databases (e.g., Capital IQ, Moody’s, DNB, AM Best, etc.)
• Strong written and verbal communication skills for internal reporting and presentations

• Highly collaborative and able to work and effectively communicate with all levels of an organization

• Ability to prioritize tasks and meet deadlines in a dynamic environment

***This position may be filled at a different level, depending on experience***

 Compensation

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus, and other forms of discretionary compensation awarded by the Company. 

The annualized base pay range for this role is: $115,000 - $125,000.

Company Benefits

The Company provides a competitive benefits package that includes the following (eligibility requirements apply):

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more.

Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver) Retirement Benefits: Contributory Savings Plan (401k).

Please be aware that Ascot Group’s job opportunities will be posted on our official careers page. All official communication comes from @ascotgroup.com email addresses, if you receive a job offer or recruitment communication from Ascot Group that you suspect might be fraudulent, do not hesitate to contact us directly to verify its legitimacy. We will never ask for payment or sensitive personal information during any stage of the recruitment process. Your privacy and trust are of utmost importance to us, and we strive to ensure that you have a positive experience with Ascot Group.

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