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Liberty Mutual Insurance

Credit Analyst

Boston, MA

Pay Philosophy
The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.

Description
When you enter a finance and accounting position at Liberty Mutual Insurance, you'll find the same dynamic environment and challenges as within other organizations. Yet you'll find something more: an opportunity to apply your analytic and technical skills to a company renowned for its integrity and focus on developing its employees' careers.

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In this role, you will participate in and manage complex financial analysis reports and projects. Using a broad knowledge of financial practices and procedures, you will provide strategy recommendations to management.

Reviews all credit review submissions and allocates work for the department. Independently develops concise and accurate credit analyses of prospects and current customers in a deadline focused environment. Uses expertise to evaluate both private and public entities some of which include review of basic to moderately complex transactions. Analyses are well written and reflect a comprehensive understanding of the credit risk and its relationship to the recommended collateral products and unsecured exposure. Communicates financial results, trends and business implications to management, stakeholders and other groups at the appropriate level of detail. Proactively leads efforts to continuously improve processes to ensure work is performed as efficiently and effective as possible. Uses business acumen and analytical expertise to perform ad hoc analysis. Demonstrates strong verbal and written communication skills.

Responsibilities:
  • Maintain oversight of the group's shared mailbox, including review of credit submissions for completeness, entering data into financial systems, and allocating work for the department.
  • Accurately analyzes financial statements and related filings for a diverse and basic to moderately complex group of different size policyholders and prospective customers. Conducts analysis that includes assigned credit rating, key strengths, weaknesses, industry outlook and recommended collateral options.
  • Understands and interprets financial statements of varying quality including ones prepared in accordance with GAAP or IFRS.
  • Understands various organizational structures, investment and debt have on the creditworthiness of subject companies.
  • Regularly accesses and appropriately utilizes a variety of informational resources including First Research, Rating Agencies and other related sources to identify and understand trends and gauge subject company performance relative to peers and industry.
  • Thorough understanding of insurance products, collateral types and associated credit risk
  • Produces basic to moderately complex management reports and associated results analysis, using business acumen and analytical ability to lead the team in identifying business drivers of results and communicating them effectively.
Note: You will be required to go into the office twice a week if you reside within a 50-mile radius of our offices in Boston, MA. Please note that this policy is subject to change.
Qualifications
  • Bachelor's degree (Finance or Accounting) is required.
  • Minimum of 1 year of finance experience.
  • Must demonstrate attention to detail in a fast-paced work environment and the ability to manage and prioritize multiple projects simultaneously to achieve results.
  • Communicates effectively with teammates, collaborating to solve problems and proactively raising issues and concerns in a variety of settings including business meetings.
  • Begins to interact with management and other units to gather information and present results and recommendations.
  • Advanced knowledge of Excel and Microsoft Word.
About Us
This position may have in-office requirements depending on candidate location.

As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.

At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.

We are proud to support a diverse, equitable and inclusive workplace, where all 45,000 employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.

We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits

Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.

Fair Chance Notices
  • California
  • San Francisco
  • Los Angeles
  • Philadelphia

Client-provided location(s): Boston, MA, USA
Job ID: liberty_mutual-2024-66029-en_1
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Long-Term Disability
    • FSA
    • HSA With Employer Contribution
    • HSA
    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Mental Health Benefits
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Happy Hours
    • Snacks
    • Company Outings
    • On-Site Cafeteria
  • Vacation and Time Off

    • Personal/Sick Days
    • Paid Holidays
    • Paid Vacation
    • Volunteer Time Off
  • Financial and Retirement

    • Performance Bonus
    • Pension
    • 401(K) With Company Matching
    • 401(K)
    • Financial Counseling
  • Professional Development

    • Mentor Program
    • Promote From Within
    • Learning and Development Stipend
    • Tuition Reimbursement
    • Internship Program
    • Leadership Training Program
    • Associate or Rotational Training Program
    • Access to Online Courses
    • Lunch and Learns
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)

Company Videos

Hear directly from employees about what it is like to work at Liberty Mutual Insurance.