Intern - Insurance Ratings

At Fitch, we have an open culture where employees are able to exchange ideas and perspectives, throughout the organization, irrespective of their seniority. Your voice will be heard allowing you to have a real impact. We embrace diversity and appreciate authenticity encouraging an environment where employees can be their true selves. Our inclusive and progressive approach helps us to keep a balanced perspective.  Fitch is also committed to supporting its employees by advancing conversations around diversity, equity and inclusion.  Fitch’s Employee Resource Groups (ERGs) have been established by employees who have joined together as a workplace community based on similar backgrounds or life experiences.  Fitch’s ERGs are available to connect employees with others within the organization to offer professional and personal support. 

With our expertise, we are not only creating data and information, but also producing timely insights from every angle to influence decision making in this ever changing and highly competitive market. We have a relentless hunger to innovate and unlock the power of human insights and to drive value for our customers. There has never been a better time to make an impact and we invite you to join us on this journey.

Fitch Ratings is a leading provider of credit ratings, commentary and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective and insights we provide have helped fund a century of growth and enables you to make important credit judgments with confidence.

Credit Internship – Insurance

Fitch Ratings Insurance Group is currently seeking an Intern based out of our Mexico City or Monterrey, Mexico office.

The Insurance Group is responsible for assigning and maintaining international/national credit ratings on (re)insurers and their debt issues worldwide. The Group is split in four regions: EMEA, North America, Asia-Pacific and Latin America.  Latin America has coverage in Mexico, Central America, Caribbean and South America and rate over 200+ entities, including reinsurers, life insurers (traditional, unit-link, and pensions) and non-life insurers (property & casualty, and surety & bonds). The Latin America analytical team is based in Monterrey, Mexico City, El Salvador, Colombia, Chile and Brazil.

The role will concentrate on supporting analysts in maintaining financial statements updated from public and private information, processes optimization, gather public information focused in the Mexican insurance industry and analyze it to provide insights, elaborate presentations and operational tasks for internal purposes.

What We Offer:

• At Fitch, we are committed to being a diverse and inclusive workplace where we engage and inspire all of our employees to reach their fullest potential.
• Unique access to the insurance industry that will give interns real life examples of financial and corporate structures.
• Highly approachable team that strives to help the intern take advantage of learning opportunities.

We’ll Count on You To:

• Compiles financial data and quantitative analysis related to insurance sector entities;
• Updates financial database verifying, and securing data;
• Reviews and conducts simple analysis of basic financial statements;
• Processes optimization mainly in excel (macros);
• Identifying sources of information;
• File Maintenance;
• Assists in the documentation of rating committees;
• Assists in the publication of sector-specific research and insightful commentaries;
• Participation in credit rating committees for insurance entities;
• Follow-up other Credit Rating Agency’s actions;
• Keep up-to-date T-INS database for quarterly dashboard publications;
• Update peer reports templates for the seven current groups;
• Quarterly update and load the regulator’s publicly information into our core file in excel;
• Develop new databases for special reports purposes;
• Fill-in Financial Data Repository (FDR) templates such as FBM Template following the analysts’ guidance.
• Plus, other duties as required.

What You Need to Have:

• The successful candidate will be a student in his/her final years of undergraduate in the fields of actuary, economics, finance, or similar careers with no or little job experience.
• The candidate must have strong Excel skillset including basic knowledge in VBA programming (macros), analytical skills and detailed-oriented, ability to compile large data sets into summaries, provide written and verbal commentary, ability to meet deadlines, proactive and eager to learn from the insurance industry.
• English intermediate/advanced.

What Would Make You Stand Out:

• Ideally, the candidate should be genuinely interested in insurance.

Why Fitch?

At Fitch Group, the combined power of our global perspectives is what differentiates us. Our global network of colleagues comes together to accomplish things greater than they ever could alone.

Every team member is essential to our business and each perspective is critical to our success. We embrace a diverse culture that encourages a free exchange of ideas, guaranteeing your voice will be heard and your work will have an impact, regardless of seniority.

We are building incredible things at Fitch and we invite you to join us on our journey.

Fitch Group is a global leader in financial information services with operations in more than 30 countries. Wholly owned by the Hearst Corporation, we are comprised of three main businesses: Fitch Ratings | Fitch Solutions | Fitch Learning.

For more information please visit our websites:  www.fitchratings.com | www.fitchsolutions.com | www.fitchlearning.com

Fitch is committed to providing global securities markets with objective, timely, independent and forward-looking credit opinions. To protect Fitch’s credibility and reputation, our employees must take every precaution to avoid conflicts of interests or any appearance of a conflict of interest. Should you be successful in the recruitment process at Fitch Ratings you will be asked to declare any securities holdings and other potential conflicts prior to commencing employment. If you, or your immediate family, have any holdings that may conflict with your work responsibilities, you may be asked to divest yourself of them before beginning work.

Fitch is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender expression, gender identity or any other characteristic protected by law.

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