Credit & Political Risk Senior Underwriter / Underwriter

Atradius; Greater London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A leading global insurance company is seeking an Underwriter / Senior Underwriter for its Credit Specialties team in London. The successful candidate will evaluate credit risks, manage a portfolio, and collaborate with analyst teams. Required skills include strong analytical abilities and proficiency in Microsoft products. The role offers a hybrid working model, competitive salary, and comprehensive benefits, including a pension package with substantial employer contribution.

Benefits

Dynamic international work environment

Competitive salary and annual bonus

Hybrid working arrangements

Market leading pension package

Income protection scheme

Qualifications

• 5+ years of experience in the London / Lloyds Credit & Political Risk Insurance market.
• Strong command of analytical and financial analysis techniques.
• Ability to review and negotiate loan and contractual documentation.

Responsibilities

• Evaluate credit risks and transaction structures from brokers.
• Manage and service the existing live portfolio.
• Collaborate with analyst teams to support underwriting of new business.

Skills

Analytical skills

Interpersonal and communication skills

Proficiency in Microsoft Excel

Proficiency in Microsoft Word

Proficiency in Microsoft Teams

Education

University degree in geopolitics or economics

Job description

Job Description

Atradius Credit Specialties team is seeking an Underwriter / Senior Underwriter with experience in the London / Lloyds Credit & Political Risk market. The successful candidate will have experience underwriting a variety risks and structures to support the development of the Credit Specialties portfolio via Company and Lloyds capabilities and to play a key role in investigating new products and transactions. This team player will be part of a dedicated underwriting team, who will need to identify, review & underwrite business opportunities originated through specialised Credit & Political risk brokers located in London and the wider market. This position is based in either London or Paris and will involve occasional travel (national and international).

In this position your key responsibilities will be:

• Evaluate the credit risks and transaction structures received from brokers.
• Decline, quote and bind profitable business in line with governance, authority, and strategy.
• Work alongside the Atradius analyst teams to support the underwriting and execution of new / renewal business.
• Management and servicing of the existing “live” portfolio.
• Conduct review, due diligence and underwrite the onboarding of new clients.
• Share knowledge, experience and expertise within the team and wider unit
• Build on your existing network within the London CPRI market supporting Atradius’ key brokers.
• Participate in and travel to conferences and broker / client meetings.
• Share knowledge of market dynamics and key risks / sectors drivers to support the performance of the Unit.
• Provide the highest standard of service and expertise when dealing with brokers and clients.
• Maintain awareness of claim files providing updates and additional input in collaboration with the claims team.
• Cooperate with the other Credit Specialties teams across the world as well as the other Atradius departments.

Knowledge, Skills and Experience

• 5+ years-experience in the London / Lloyds Credit & Political Risk Insurance market and / or Banking Industry, Multilaterals / ECAs
• Strong analytical skills (corporate & financial, sectorial, political risk as well as transactional analysis).
• Proficiency in reviewing and commenting on loan / contractual documentation.
• Proficiency in reviewing and negotiating London Market wordings.
• Strong understanding on banks and traders and rationale behind purchase of the CPRI product
• University degree and a strong affinity in geopolitics and economics.
• Excellent interpersonal and communication skills in English
• Strong command of Microsoft products (Excel, Word, Teams).
• Flexibility and ability to work in dynamic, multicultural and entrepreneurial environment.

What do we offer?

• A dynamic, international and challenging work environment
• Training and support to reach your full potential including the opportunity for continuous professional development
• Hybrid working (work up to 2 days a week from home)
• Competitive salary and annual bonus scheme
• Market leading pension package (a minimum of 12% employer contribution) plus 10 x life assurance cover
• Income protection scheme (covering 75% of salary plus pension contributions)
• Employee Assistance Programme
• A range of other flexible benefits and rewards