The Role
We are looking for an Underwriter to join the Credit and Political Risk team with an appetite to develop their skills across trader, bank and public agency sourced non-payment insurance. Opportunity to work within a dynamic and collaborative team environment where you will be supported to develop your existing network of relationships to bring accretive income to the business.
You will be responsible for providing solutions to both new and existing clients and be sought out to lead policies with a focus on profitable underwriting. The appropriate candidate will have input across day to day underwriting, strategy, relationship management, claims management, reinsurance and internal reporting. The role will include proposing appetite for allocated sectors along with taking ownership of growth initiatives in the business.
Responsibilities:
Whilst working in a collegiate team environment comprised of senior underwriting management, underwriters, assistant underwriters, technical assistants:
- Evolve personal relationships with key brokers and clients
- Assisting with the development and delivery of distribution and marketing plans to win targeted profitable income
- Formulating independent opinions, and recommendations around corporates, and sovereign risk by way of:- Analysing ECA and bank memos, financial information, such as statements, management accounts and cash flow statements; Performing country risk, and sector analyses; Working with the team’s political risk analysts and credit analysts; Recommend max insured lines, and monitoring your portfolio of exposures
- Contribute to peer review debate and assessment of policy risks
- Work to resolve claims including workouts and restructurings with the, claims team and dedicated internal legal counsel
- Liaise with the catastrophe management team to assess portfolio risk
- Support the business planning and forecasting process
Skills and Experience:
- Track record of success in a relevant industry or role
- Strong understanding of financial concepts
- Aware of and actively engaged with trends within the market
- Strong listening, negotiation and marketing skills
- Excellent statistical/analytical skills utilised to interrogate and interpret data
- Proficient user of Excel, Bloomberg, and S&P capital IQ
- Self-starter driven to excel in the credit and political risk market
- Desire to build a personal brand through providing creative solutions and ideas
- Agile mind-set able to adapt to a changing environment
- Desire to develop their management responsibilities within a collaborative team
- Capable of developing and understand business processes, strategy and planning
- Ability to build and maintain solid working relationships with colleagues, brokers and insureds