insurance rating analyst

Insurance rating analysts analyse information related to insurance markets and their credit rating, prepare rating reports and invoices, compile financial data and present and explain credit rating opinions to stakeholders, clients and external parties. They work for insurance companies and calculate the insurance premium and rates for the company’s clients using both manual and automated methods.

Alternative Labels

insurance analyst

insurance assessor

insurance rater

insurance rating analyst

Regulatory Aspect

To see if and how this occupation is regulated in EU Member States, EEA countries or Switzerland please consult the Regulated Professions Database of the Commission. Regulated Professions Database:

http://ec.europa.eu/growth/single-market/services/free-movement-professionals/qualifications-recognition_en

Skills & Competences

Essential Skills and Competences

advise on financial matters analyse financial risk analyse loans examine credit ratings obtain financial information prepare credit reports synthesise financial information

Essential Knowledge

actuarial science credit control processes insurance law insurance market principles of insurance types of insurance

Optional Skills and Competences

advise on credit rating advise on risk management analyse financial performance of a company analyse insurance risk apply credit risk policy build business relationships communicate with banking professionals consult credit score create cooperation modalities create credit policy create underwriting guidelines forecast future levels of business perform debt investigation promote financial products review investment portfolios

Optional Knowledge

debt systems modern portfolio theory statistics

Concept URI

Concept Uri

http://data.europa.eu/esco/occupation/1e331638-3f66-4641-9c49-56a94235f94c

Status

released

Occupations