Assistant Manager -Credit Analysis

Gurgaon, IN
Sep 17, 2019
Sep 20, 2019
Contract Type
Full Time
Level of qualification
CIMA, Not qualified, Part qualified, Qualified
Xceedance is a global provider of consulting and managed services, technology, and data sciences to insurance organizations. With offices in the United States, Australia, United Kingdom, Poland, and India, Xceedance helps insurers launch new products, drive operations, implement technology, and deliver advanced analytics capabilities and process optimization. The experienced insurance professionals at Xceedance enable re/insurers, brokers, and program administrators worldwide to enhance policyholder service, enter new markets, boost workflow productivity, and improve profitability. For more information, visit Job Responsibilities Preparation of risk analysis reports to assess the credit worthiness of the company. Analyze risk and basis that advise and calculate quoted premiums for underwriters End to end analysis of risks including description of business operations, debt & equity offerings, stock price analysis, management and corporate governance structures. Extensive research using open source websites to provide details such as industry trends, litigation history, market disruptive factors, to name a few. The role requires a high level of analytical and problem solving skills. Candidate should have analytical bend of mind and good understanding of financial statements. He/she should also be well versed with the loan/debts instruments and should be able to assess risk associated with such instruments. Should be able to suggest on nature of risk and its acceptance level after thorough analysis and propose exclusions to underwriters. Should be able to bring efficiency and effectiveness in the process through automation. Qualifications & Skills MBA/PGDM/CA/CFA/FRM with over 3 to 6 years of relevant experience Knowledge of US GAAP and IFRS. Awareness of legislation affecting the customers (including the Data Protection Act, Companies Act, Insolvency Act, Money Laundering and confidentiality regulations, Sarbanes Oxley, Basel and Insurance law). Possess good understanding of financials and able to prepare detailed financial analysis reports. Good research skills (especially searching relevant data and statistics) and should be aware about company announcements on stock exchanges, knowledge about the functioning of stock exchanges. Should have ability to perform Stock price analysis. Personal drive (proactive), flexible, creative (thinks out of the box), result driven, responsible, curious, team player and ability to succeed in a culture where change and speed are part of daily work. Should be a quick learner with strong comprehension and communication skills. MS Excel (VBA preferred but not essential), MS office tools, Thomson Reuters Eikon. Benefits At Xceedance people come first. Our training and development programs are focused on people growth and will help you develop and explore newer skills to bring out the best in you. We have many internal career opportunities Over the course of your career with us, your goals may shift and your interests may change. We keep the team informed about new positions and programs that will enable you to explore different opportunities that could help advance your career. We build engaged and motivated teams Challenge and diversity are a part of our dynamic and interactive environment, which makes each day new and exciting. We strive to introduce new experiences into our work life through our fun at work initiatives, and social activities inside and outside our organization.