Credit Analyst, Associate Director - Insurance - Chicago

Credit Analyst, Associate Director
- Insurance
- Chicago

Requisition

Business Unit:
Fitch Ratings

Category:
Credit Analysis & Research

Location:

Chicago, IL, US

About the Role:

Fitch Ratings’ North American Insurance group provides public and private ratings of insurance companies and their debt instruments in the United States, Canada, and Bermuda. The department employs 18 credit analysts and staff in Chicago and New York and is part of a global insurance team of approximately 70 staff members worldwide.

We are looking for an Associate Director to provide credit analysis for our North American Insurance Group, focusing on either Property/Casualty or Life Insurance.

• Lead coverage of a portfolio of property/casualty or life insurance companies, managing 10 lead credit assignments and 4 secondary assignments.
• Monitor and analyze company news flow and financial results to identify events or trends that may lead to rating changes.
• Conduct meetings with rated company senior management.
• Present and discuss recommendations for new ratings or rating changes to internal rating committees and communicate Fitch’s credit opinions externally.
• Prepare rating committee packages and participate in rating committees.
• Produce ad‑hoc sector commentaries and topical research.
• Interact with investors, bankers, and rated insurers.
• Maintain files in accordance with company policies.

• 5–7 years of relevant experience in property/casualty or life insurance analysis, or in a strategic planning, financial management, or actuarial position within the insurance industry.
• CFA, MBA, CPA, or actuarial designation a plus, but not required.
• Self‑motivated professional with strong analytical, quantitative, and organizational skills.
• Excellent written and verbal communication skills.
• Ability to shift fluidly between multiple projects as priorities change.
• Strong team‑oriented mindset.
• Proficiency in Excel and Word.

• Previous analytical experience looking to develop further in an intellectually challenging, analytically rigorous environment.
• Background in financial/credit analysis, professional services, or financial/operational roles in companies.

Expected base pay rates for the role will be between $115,000 and $135,000. Actual salaries will be determined on an individualized basis and may vary based on factors including but not limited to education, training, experience, past performance, and other job‑related factors. Base pay is one part of Fitch’s total compensation package, which may also include commission earnings, discretionary bonuses, long‑term incentives, and other benefits sponsored by Fitch.

Fitch Group is a proud Equal Opportunity and Affidavit Employer. All qualified applicants are evaluated without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, or any other status protected by law.