Credit Analyst - Senior Analyst/AD - EMEA Insurance - Frankfurt

Fitch Ratings is currently seeking a Credit Analyst – EMEA Insurance - Senior Analyst/Associate Director based out of our Frankfurt office.

As one of the world’s top three credit ratings agencies, Fitch Ratings plays a critical role in global capital markets by providing supplementary credit analysis, ratings, research, and commentary to financial market participants. For over 100 years, Fitch Ratings has been creating value for global markets through its rigorous analysis and deep expertise, which have resulted in a variety of market leading tools, methodologies, indices, research, and analytical products. Fitch Ratings is part of Fitch Group, a global leader in financial information services with operations in more than 30 countries, which also includes Fitch Solutions. With dual headquarters in London and New York, Fitch Group is owned by Hearst.

At Fitch Ratings, credit analysts play a pivotal role in moving markets, as quality credit analysis is the lifeblood of our organization. With a legacy of over a century, our unique approach to credit ratings offers unmatched opportunities for professional growth. Embracing a “challenger mindset,” you'll join a team dedicated to innovating service to our clients. Our people-driven analysis thrives on collaboration across all levels and locations, surpassing traditional financial modeling. Lastly, as part of our global community, you'll find inspiration, challenge, and support, with ample opportunities for visibility and influence in the global financial marketplace.

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About the Team

The Global Insurance Group is responsible for assigning and maintaining international and national credit ratings on insurance entities and their debt issues worldwide. The Group is split into four areas: North America, EMEA, APAC and Latin America.

The EMEA Insurance team currently maintains 120+ public ratings and a number of private ratings in Western Europe, CEE, CIS, the Middle East and Africa. The department employs a team of 16 credit analysts in London, Frankfurt, Paris, Madrid and Dubai.

The role primarily focuses on a portfolio of Italian insurers with opportunities to gain exposure within the wider EMEA region.

How You’ll Make an Impact:

• Support and lead rating processes for a portfolio of credits focusing on Italian insurance companies
• Present and discuss your rating recommendations, ideas and facts effectively in writing and verbally to a rating committee
• Deliver quality outputs to internal and external parties within deadlines
• Use effective questioning and listening skills in internal credit discussions and with external stakeholders
• Participate/Lead onsite and virtual meetings with insurance executive management teams
• Initiate and assist in producing thematic research reports in your coverage sectors
• Participate in investor and prospective issuers outreach
• Keep fully up to date with market/industry developments and proactively manage your rating portfolio in response to credit events

You May be a Good Fit if you have:

• Fluency in English and Italian
• At least 5 years of work experience within the insurance industry, financial institutions or financial services
• Knowledge of Italian insurance industry
• Knowledge of IFRS 17 and Italian accounting
• Independent thought and solid credit analysis skills
• Knowledge of regulatory solvency standards
• Financial forecasting skills

What Would Make You Stand Out:

• Actuarial, accounting or auditing qualifications
• Familiarity with financing instruments and documentation
• Drive to complete assignments in collaboration with more experienced analysts
• Track record of initiative, sense of ownership and achievement

• Knowledge of other European languages such as French or German

Why Choose Fitch:

• Hybrid Work Environment: 3 days a week in office required
• A Culture of Learning & Mobility: Dedicated trainings, leadership development and mentorship programs designed to ensure that your time at Fitch will be a continuous learning opportunity
• Investing in Your Future: Retirement planning and tuition reimbursement programs that empower you to achieve your short and long-term goals
• Promoting Health & Wellbeing: Comprehensive healthcare offerings that enable physical, mental, financial, social, and occupational wellbeing
• Supportive Parenting Policies: Family-friendly policies, including a generous global parental leave plan, designed to help you balance career and family life effectively
• Inclusive Work Environment : A collaborative workplace where all voices are valued, with Employee Resource Groups that unite and empower our colleagues around the globe
• Dedication to Giving Back: Paid volunteer days, matched funding for donations and ample opportunities to volunteer in your community

Fitch is committed to providing global securities markets with objective, timely, independent and forward-looking credit opinions. To protect Fitch’s credibility and reputation, our employees must take every precaution to avoid conflicts of interest or any appearance of a conflict of interest. Should you be successful in the recruitment process at Fitch Ratings you will be asked to declare any securities holdings and other potential conflicts prior to commencing employment. If you, or your immediate family, have any holdings that may conflict with your work responsibilities, you may be asked to divest yourself of them before beginning work.

Fitch is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

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