Credit Risk Manager

Sompo International Holdings Ltd.; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

A leading global insurance provider is seeking a Credit Risk Manager for their London office. You will analyze transactions, provide credit recommendations, and collaborate with underwriters. This role demands strong credit knowledge and analytical skills, and offers a diverse work environment focused on professional growth and inclusivity.

Benefits

Expansive Health & Wellness Benefits

Generous Retirement & Savings Plans

Global Parental Leave & Adoption Assistance

Qualifications

• Experience in a similar role within either a Credit Insurer or Lending institution.
• Excellent statistical/analytical skills to interrogate and interpret data.
• Ability to clearly articulate ideas and concepts both verbally and in writing.

Responsibilities

• Analysing transactions and providing credit recommendations across multiple sectors and geographies.
• Collaborating with underwriters to support underwriting decisions.
• Analyzing financial information to assess the credit worthiness of client companies.

Skills

Analytical skills

Communication skills

Credit knowledge

Education

Bachelor's degree in Finance/Economics

Tools

Excel

Bloomberg

Job description

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for a Credit Risk Manager in our Financial & Political Risk team in our Underwriting business.

Our Financial & Political Risks team offers the full suite of tailored Political Risk and Credit Insurance products with an experienced team via underwriting hubs in London, Singapore and Japan. Our coverages facilitate global trade, commerce and investment, and we seek to provide underwriting and risk management expertise combined with a professional and responsive claims service. The team has a significant position in this business and currently manages over USD 6bn of credit limits.

Location: This position will be based out of our London office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

Our business, Your impact, Shared opportunity

What you'll be doing:

• Analysing transactions and providing credit recommendations across multiple sectors and geographies in the areas of corporate credit, asset finance, structured commodity finance, sovereign risk and project finance;
• Extracting and analysing sector and product research for use in sector analysis, peer groups and regular reports
• Collaborating with underwriters to get the required information to support underwriting decisions
• Provide both country risk analysis and project analysis
• Analyzing financial information, such as financial statements, management accounts and cash flow forecasts. Assessing the credit worthiness of client companies
• Attend conferences and presentations to understand client demand drivers, develop sector knowledge and market intelligence.
• Participate and actively contribute to transaction related meetings, both internal and with clients and brokers as well as developing relationships with analysts, brokers and underwriters across the market
• Liaising with other staff within the company, such as ERM to assess risk appropriately
• Staying informed about appropriate legal, compliance and market-risk-related issues

What you'll bring:

• Experience in a similar role within either a Credit Insurer or Lending institution
• Broad credit knowledge with an ability to apply knowledge and experience across sectors and products
• Ability to clearly articulate ideas and concepts both verbally and in writing
• Bachelor's degree in Finance/Economics or equivalent training
• Excellent statistical/analytical skills to be able to interrogate and interpret data.
• Proficient user of Excel and Bloomberg
• Ability to work well as part of a small local team
• Good communication skills (written/oral) and an ability to deal with personnel at all levels

Our Benefits

We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents. Below are a few highlights of our inclusive benefit programs:

• Expansive Health & Wellness Benefits
• Generous Retirement & Savings Plans
• Global Parental Leave & Adoption Assistance

In today's world, what do we stand for?

We strive to create exceptional value for our clients and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers and their direct reports, and believe in an organizational environment where everyone belongs. We proudly are a multi-racial, multi-cultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice and continue to invest in building out an inclusive and diverse work environment.

About Us

Expert Partners.
Clarity in complexity.
Unwavering commitment.

We're Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on Sompo Holdings' 130 years of innovation, we're committed to applying all of our experience to simplify yours.

Our dedication to you shows up in the care we put in every detail, working to create a frictionless risk management journey for everyone we serve.

We lead with your priorities, meticulously crafting solutions, sharing insights, and understanding your needs.

Around the world, our 9,000+ employees use their expertise to learn, improve and find clear answers for your complex challenges.

Because when you choose Sompo, you choose the ease of expertise.

Sompo is an equal opportunity employer committed to a diverse workforce.

To learn more about visit our website at www.sompo-intl.com