| The Federal Home Loan Bank of Indianapolis has an exciting opportunity for a Senior Insurance Company Credit Analyst to join our team. This position will perform credit analyses of life, health, and P&C insurance company members, intended to assist credit management in the formulation of lending and collateral decisions. Conduct financial and economic studies of the insurance industry to aid FHLBank Indianapolis efforts in development of products and services to the insurance industry from a credit risk perspective. Maintain knowledge of insurance industry developments and provide Credit Services management with updates regarding activities and events impacting insurance company members. The following statements are intended to describe the general nature and level of work being performed by persons assigned to the job. They are not intended to be an exhaustive list of all responsibilities or abilities required of persons so classified. The Bank reserves the right to alter or amend this description at any time. Specific Responsibilities ·Credit Analyses - Perform credit analyses and monitor the financial condition of life, health, and P&C insurance company members; supplemental mortgage insurers and primary mortgage insurers contracted by the Mortgage Purchase Department; and other insurance companies utilizing S&P Market Intelligence, regulatory financial statements, SEC filings, business plans, annual reports and confidential regulatory examination reports. Draft written credit reviews of these entities to support credit decisions and collateral requirements. ·Financial Modeling and Scorecards - Assist in the maintenance, monitoring, and execution of robust credit analysis models, scorecards, and tools. Design reports and interpret the data outputs of the models, scorecards, and tools to assist Credit Services management in their lending, collateral, and underwriting decisions. ·Financial Research - Assist the Underwriting Manager by providing analyses, reports and other documentation regarding insurance company member underwriting for the purpose of on-going credit risk management, internal audits, risk assessment evaluations and regulatory examinations. Support Credit Services Department management in the development of new products and services directed at our insurance company membership; while maintaining adherence to FHLBank Indianapolis credit risk parameters. ·New Membership Applications – Review/process membership applications filed by prospective insurance company members. Review application materials for completeness and regulatory compliance, perform a credit analysis of the prospective member, complete application digest, and recommend approval/denial of the application. ·Miscellaneous Duties - Develop expertise in credit risk analysis. Through the use of news services, seminars and training classes, remain current on insurance industry events/developments which affect the extension of credit to FHLBank Indianapolis insurance company members. Participate on internal committees as assigned. | 
