Underwriting New Associate (Start ASAP)

Your role

What would you do?

• Analyze and evaluate credit portfolios and financial reports including interpreting financial data and assessing market trends and volatility that have a potential impact on the operations and financial performance of the client. This includes climate risk assessment and industry research.
• Assess credit worthiness and financial strength of clients through critical financial and risk analysis with the use of qualitative and quantitative data via recommended institutions such as S&P, Moody’s and Fitch, and provide recommendations for risk rating and classifications.
• Complete credit/financial risk analysis report with clear and concise critical analysis based on informed judgment with due diligence in alignment with the Underwriter’s guidelines and risk appetite. This includes, but is not limited to, analysis of mergers and acquisitions, claims and litigation, international exposure, FCPA concerns, regulatory developments, material corporate governance initiatives, liquidity position, financial performance and cash flow.

Roles and responsibilities

• Financial Analysis
• Risk and Credit Underwriting
• Fundamental analytical skills, with a background in financial reports and components, to be able to identify trends, root causes and anticipate future challenges and risks
• Analysis and rating of a company’s profitability, asset quality, liquidity, leverage, and credit histories and identify risks related to industry, management, and contingencies. This includes assessing and analyzing trends and material changes as well as reviewing and interpreting Credit or Equity Reports to be used as reference in the analysis
• Complete intricate financial statement spreading to ensure financial ratios used are accurate to help understand the level of risk of buyers. Knowledgeable in company annual reports, 10Ks and 10Qs
• Supports Underwriters and Credit Officers in buyer administration such as setting up a buyer’s account in Trade Enable (“Account Reservation”), identifying buyer DUNS, performing automated buyer credit limits (“Pack 1”) and gathering buyer information and documents such as financial statements, credit reports, industry research and latest Company News Articles (“PACK 2 Docs”)

About you

Skill required

• Property & Casualty- Underwriting - Underwriting

What are they looking for

• Bachelor’s degree in accounting or finance is required
• CPA or MBA is a plus
• 2-3 years of experience in corporate credit analysis from a bank or similar financial institution is preferred
• Able to understand and interpret the financial statements (Balance Sheet, Income Statement, Cash Flow Statement, Changes in Stockholder’s Equity, and Notes to the financial statements). Knowledge of Annual Reports and/or Credit/Equity Reports (Standard & Poor and Moody’s).
• Highly analytical to be able to understand financial ratios (profitability, liquidity, leverage, solvency ratios) and able to interpret several together accurately. Understanding of current global micro and macro-economic status is a plus.
• Previous experience as credit analyst/credit risk analyst or equity financial analyst for banks or other major financial institutions is required (at least 1 year of related experience).
• Strong understanding of US GAAP financial statements is required.
• Familiarity with the US Industrial, Commercial, Capital and Consumer sectors.
• Excellent oral and written communication skills. Work is primarily completing extensive write-ups to analyze risk and must be clearly written and presented for credit officers and underwriters to understand. Will also need to email and at times discuss through Microsoft Teams with credit officers/underwriters).

Benefits

As a part of Accenture, they may offer you the following benefits:

• Competitive base pay
• Bonus programs reward for your achievements and contributions
• Discounts on various retail offerings
• Medical, dental and vision coverage
• Wellness programs
• Life insurance
• Parental leave
• Paid time off and holidays
• Flexible work arrangements

Training & development

They invest in extensive learning and professional development programs, offering specialized certifications, deep-tech training, workshops, and innovative formats such as virtual reality and online games. Employees have access to a wide range of learning resources from leading experts and prestigious universities, ensuring continuous enhancement of skills and knowledge.

To know more about what it is like to work at Accenture, watch this video:

Career progression

Accenture is dedicated to advancing employees' careers by providing unlimited access to online training and specialized development programs. With a focus on neuroscience-based learning principles and real-world application, employees can enhance their skills and readiness for new roles, leveraging state-of-the-art educational resources and academic partnerships to follow their career aspirations.

Sources

The following sources were used in researching this page:

• accenture.com/in-en/careers/life-at-accenture/training-counseling
• accenture.com/us-en/careers/local/total-rewards
• youtube.com/accenture