The Travelers Companies, Inc

Credit Analyst

The Travelers Companies, Inc • $99K — $163K *
New York City, NY 10025In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 7 years of experience in credit risk management, financial analysis, or risk assessment.
  • Master's Degree in a relevant field.
  • Chartered Financial Analyst (CFA) or equivalent designation.
  • Strong background in financial analysis and portfolio management.
  • Exceptional analytical and quantitative skills.

Responsibilities

  • Serve as the primary analyst for assigned sectors, managing credit risk exposure.
  • Conduct credit analysis, providing accurate ratings and recommendations for business goals.
  • Collaborate with underwriting and marketing teams on client interactions and analysis.
  • Establish effective relationships with internal and external contacts on credit and collateral issues.
  • Research target markets and provide competitive intelligence to inform decisions.
  • Identify process improvements in credit analysis methodologies and implement enhancements.
  • Engage in external communications and educational opportunities to expand industry knowledge.

Benefits

  • Health insurance coverage for employees and their families from day one.
  • 401(k) plan with dollar-for-dollar match up to 5% and a pension plan fully funded by Travelers.
  • Minimum of 20 days Paid Time Off annually, plus nine paid holidays.
  • Wellness program offering resources for personal health and mental well-being.
  • Volunteer encouragement with matching gifts and rewards for community involvement.
Full Job Description
Job Category

Finance and Accounting

Compensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary Range
$99,100.00 - $163,400.00

Target Openings

1

What Is the Opportunity?

Within the Business Insurance Credit Risk Management team at Travelers, credit analysts play a critical role in managing the credit risk exposure created by loss sensitive insurance programs. As a Credit Analyst, you will produce account, prospect, and industry credit reports and analysis to protect the Company from inappropriate credit risk while supporting retention and new business goals. In this role you will handle routine and complex credit situations with a high degree of independence, resolve difficult issues, and identify opportunities to strengthen the Company's credit risk position. You will apply highly developed analytical, conceptual, and technical skills to evaluate financial information and make sound credit and collateral recommendations.What Will You Do?
  • Serve as the primary Credit Risk Management analyst and contact for assigned industry sectors, partnering with agents, brokers, customers, and business units on credit risk exposure of accounts.
  • Perform credit analysis of prospects and customers within assigned industry sectors, producing accurate, timely credit ratings with appropriate documentation, and make sound credit and collateral recommendations that support retention and new business goals.
  • Collaborate with marketing and underwriting teams, including participation in client and prospect calls, in the renewal and new business process, while maintaining confidentiality of client financial information.
  • Establish and maintain effective working relationships with internal and external contacts - including investment community contacts, brokers, clients, billing and collections, and management - regarding credit risk, account documentation, and collateral issues.
  • Conduct target market research and gather competitive intelligence on a business group, industry, region, or account-specific basis, and communicate findings and recommendations.
  • Identify process improvement opportunities and implement enhancements; support the evaluation of systems and methodologies used in the credit analysis process.
  • Participate in client investor presentations and industry associations and engage in ongoing educational opportunities to expand credit and industry knowledge.
  • Perform other duties as assigned.
What Will Our Ideal Candidate Have?
  • 7 years of experience in credit risk management, financial analysis, and/or risk assessment.
  • Master's Degree.
  • Chartered Financial Analyst (CFA) or other professional designation.
  • Background in financial analysis, risk assessment, and portfolio management.
  • Strong analytical and quantitative skills with the ability to balance timeliness and accuracy.
  • Solid knowledge of an assigned industry segment with exposure to marketing and underwriting functions.
  • Demonstrated ability to communicate effectively at all levels and to work independently and as part of a team.


What is a Must Have?
  • Bachelor's Degree in finance, accounting, economics, or a related discipline.
  • 5 years of experience in increasingly responsible positions in credit risk management or financial analysis.


What Is in It for You?
  • Health Insurance: Employees and their eligible family members - including spouses, domestic partners, and children - are eligible for coverage from the first day of employment.
  • Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
  • Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
  • Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.


About The Travelers Companies, Inc

Travelers is an insurance leader, committed to keeping pace with the ever-changing needs of their customers and anticipating their needs for the future. There is no stronger testament to their dedication to protecting customers from loss than their continued innovation and ability to transform their industry. In fact, from the first-ever auto and space travel policies and hybrid car discount, to the 2009 founding of The Travelers Institute for public policy, their history of advancements has propelled their company—and their industry—towards ever higher standards for customers. Travelers is a company that works hard at the science of what they do: they analyze information, process perspectives and measure results to create the best combination of products and services. They work equally hard at customer service and how they interact with the people whom they do business. Over the years, they've strived to earn their customer's loyalty by continually improving their abilities to listen and respond to their needs.

The Travelers Companies, Inc Careers

Join the vibrant team at The Travelers Companies, Inc, a leader in the insurance industry, and propel your career to new heights with a company known for its commitment to innovation, leadership, and professional growth.

Explore Job Opportunities and Growth

At The Travelers Companies, Inc, we offer a plethora of job opportunities that cater to a variety of skills and professional interests. Whether you're seeking a position in management, customer service, underwriting, or IT, we have a place for you. Our commitment to professional growth means we provide unparalleled career advancement tools and leadership training to help you climb the ladder of success.

Internship Programs: A Gateway to Employment

Kickstart your career with our dynamic internship programs. These opportunities are designed not just to teach, but to challenge and expand your understanding of the industry. Internships at Travelers are a perfect way to enhance your resume and gain valuable real-world experience, making you a competitive candidate for future employment.

Culture and Benefits

At The Travelers Companies, Inc, we pride ourselves on a culture that fosters diversity, networking, and innovation. Our team is our family, and we support each other's professional and personal growth. The benefits at Travelers are comprehensive, designed to meet the diverse needs of our employees, including health, wellness, and continuous education.

Hiring Process: What to Expect

Our hiring process is straightforward and transparent, designed to find passionate, curious, and solution-driven team players. From the initial application and resume submission to the interview, we ensure that every candidate is treated with respect and given a fair chance to demonstrate their capabilities.

Career Development and Training

We believe in nurturing talent and providing our team with the tools they need to succeed. Our career development programs include professional training, diversity training, and skills enhancement workshops. These resources are tailored to foster innovation and empower our employees with the latest industry knowledge and best practices.

Join Our Team

Are you ready to explore the exciting career opportunities at The Travelers Companies, Inc? Search open positions that match your skills and interests. We are always looking for individuals who are driven to innovate and lead.

Stay Connected

Keep up to date with the latest news, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the rewarding opportunities that await at The Travelers Companies, Inc.

Explore Careers at The Travelers Companies, Inc

Embark on a journey of growth, opportunity, and excellence. At The Travelers Companies, Inc, your career is just beginning. Join us and make a difference in a company that values leadership, diversity, and forward-thinking.
Learn more about The Travelers Companies, Inc
Size
30,800 employees
Market Cap
$44.1 billion
Industry
Finance & Insurance
Net Income
$2.6 billion
Founded
1853
5 Year Trend
+4.7%
Revenue
$32 billion
NASDAQ
TRV
* Ladders Estimates

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