Associate

Associate, Financial Institutions – Insurance

Role Overview:

This position will focus on our Financial Institutions – Insurance department under Corporate and Institutional Coverage. The Insurance team strives to create an open, inclusive working environment for all.

Responsibilities

Key Tasks and Responsibilities of the role include, but are not limited to:

• Working closely with Relationship Managers both in the US and UK, covering clients with specific insurance sector needs
• Analyzing financials of life insurers, non-life insurers, and brokers with a focus on optimizing capital, solvency requitements, funding, and debt
• Assisting Relationship Managers in client relationship management, origination and execution across a diverse set of corporate banking product areas
• Helping to generate ideas and cross-selling opportunities for existing and prospective clients
• Developing relationship and transaction marketing materials
• As the individual develops, attending client meetings, bank meetings, and investor days
• Working on the Credit, Capital, Legal, KYC, Cross Border, and documentation aspects of transaction execution. Regarding Capital, take full ownership of transaction ROI modelling
• Liaising with partners in coverage, products, credit, risk and compliance to service day-to-day client needs and ensure adherence to regulatory requirements and internal processes
• Conducting sector research and company-specific earnings analysis
• Track client income and performance for Sr. Management requests
• Participate in bespoke opportunities, including: junior talent recruitment, diversity & inclusion network, responsible & ethical business practices, etc.

Requirements:

Education and experience required:

• Undergraduate degree with coursework in Finance or Economics preferred
• 2 - 5 years of prior investment/corporate banking/credit experience. Strong internship experience and insurance industry knowledge will be valued
• Well-versed with financial analysis
• Solid understanding of banking products, including capital and financial markets, credit, risk management, debt and corporate finance advisory.
• Series 63 and 79 required (within 120 days of being in role)

Key skills and knowledge required:

• Ability to work in an open environment with demonstrated team player attributes
• Strong work ethic, motivation, detail orientated and a passion for excellence
• Ability to excel in both team and self-directed settings
• Effective written and oral communication
• Proficient analytic skills