What are the responsibilities and job description for the Associate Analyst position at AM Best?
- Flexible and hybrid work arrangements
- Paid time off/Paid company holidays
- Medical plan options/prescription drug plan
- Dental plan/vision plan options
- Flexible spending and health savings accounts
- 401(k) retirement savings plan with a Roth savings option and company matching contributions
- Educational assistance program
Through our formal, multi-year rotational program, the Associate Analyst will be exposed to multiple business groups and leaders. Associate Analysts will participate in credit analysis, data collection using various accounting standards, operational system improvements and conduct industry research across global markets in the facilitation of issuer credit ratings and financial strength ratings.
AM Best encourages and supports employees seeking continued education and professional designations.
Benefits Of The Analytical Development Program Include
- Company-paid pursuit of Chartered Financial Analyst (CFA), Financial Risk Manager (FRM), Actuarial Associateship or Fellowship, Chartered Property Casualty Underwriter (CPCU), and similar
- Flexible paid time-off for study time
- Salary adjustment upon successful exam/designation completion
- While in the program, must be able to work in New Jersey (hybrid office schedule)
- Ability to start June 2026
- Candidates must have work authorization in the U.S.
- Collaborate with senior analytical team in the analysis and credit assessment of insurance operating and holding companies
- Research and analysis of vital financial data and statistics
- Perform industry research and competitive analysis in various insurance markets
- Participate in testing and quality assurance of pending system releases/updates
- Assist in the development, maintenance and review of Best’s Credit Rating Methodology (BCRM) and related criteria procedures
- Assist in the prompt and accurate response to regulatory requests
- Administer impairments identification and recordkeeping processes
- Actively assist in the preparation of materials and agenda for rating meetings
- 0-3 years financial analysis experience or insurance industry experience
- Bachelor's degree in Finance, Actuarial, Accounting, Math or Economics
- Possess or working towards relevant professional qualifications and designations (MSc, MA, MBA, CA, CFA, Actuarial, CPCU, CLU, FRM, etc.)
- Entrepreneurial spirit; pro-active in bringing new ideas and solutions to the table
- Aggressive in pursuit of knowledge – demonstrate continued desire to learn and grow
- Solid technical knowledge in the use of Microsoft Office Applications
- Demonstrated organizational and business writing skills
- Strong work ethic and a positive “can do” attitude
- Excellent communication skills are paramount
- Strong analytical mind set