POSITION DESCRIPTION 

The Credit Risk Analyst– will be responsible for preparing the monitoring tools for the premium and claims Imprest accounts monthly in accordance with departmental  standards and reporting all potential findings and discrepancies with the nature of the business. Prepares monthly financial package and variance analysis. Monitor and control the flow of cash for reinsurers handled by the department.

MAIN DUTIES AND RESPONSIBILITIES 

• Responsible for providing timely and accurate data request and preparing reports.
• Responsible for keeping and organizing trust and LOCs amounts.
• Update system and files with appropriate current MGA or Reinsurer information.
• Record journal entries and analyze/reconcile certain general ledger accounts.
• Prepare monthly variance analysis.
• Update monthly reinsurance reconciliations.
• Maintain collateral records.

EDUCATION AND QUALIFICATIONS 

• Bachelor's degree in finance or accounting
• 1+ years of relevant business experience in general accounting
• Property and casualty insurance experience is a plus.  
• Proven knowledge of GAAP accounting principles, practices, standards, laws and regulations, statutory knowledge a plus.
• Advanced computer skills in MS Office, accounting software and databases.
• High attention to detail and accuracy.
• Strong organizational skills
• Self-motivated and ability to work under pressure and time constraints.
• Willing to work extra hours when there are operational needs.  
• Performance and results-oriented with proven execution with tight deadlines.

SKILLS AND REQUIREMENTS  

• Fully Bilingual in English and Spanish. Ability to read, analyze, and interpret complex reporting, technical procedures and regulatory requirements.  
• Ability to effectively present information in an articulate, persuasive, and decisive manner.
• Ability to handle mathematical calculations including budgets, forecasts, interests, proportions, percentages, volume etc.  
• Ability to define complex problems; collect data, establish facts, and draw valid conclusions.  
• Ability to interpret an extensive variety of technical instructions in mathematics and deal with several abstract and concrete variables.
• Ability to work and interact with departments throughout the organization.  

INTERPERSONAL RELATIONS  

The responsibilities of this position require continuous interaction:

Internal Contacts 

1. Executive Team
2. Managers
3. Supervisors
4. Internal Associates

External Contacts 

1. Managerial General Agents (MGAs)
2. Brokers
3. Reinsurers

PHYSICAL AND MENTAL DEMANDS 

The position requires sitting, standing and walking associated with a normal office environment, talking and hearing. This position requires minimal weight to be lifted or force to be exerted.

This description is intended to provide only basic guidelines for meeting job requirements. Responsibilities, knowledge, skills, abilities and working conditions may change as needs evolve.