Senior Insurance Specialist

Aegon Asset Management; London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

Join a forward-thinking company as a Senior Insurance Specialist, where you will be integral to managing portfolios of Alternative Fixed Income. This role involves negotiating and executing insured transactions, focusing on the Insured Credit strategy. You will work in a dynamic environment, collaborating with cross-border teams and engaging with diverse stakeholders. With a commitment to responsible investment and a supportive workplace culture, you will have the opportunity to thrive and make a meaningful impact. If you are passionate about credit insurance and eager to drive innovative solutions, this is the perfect opportunity for you.

Benefits

Non-contributory pension scheme

Discretionary bonus

27 days annual leave

Private medical cover

Life assurance

Critical illness cover

Enhanced parental leave

Retail vouchers

Cycle-to-work scheme

Subsidized dining

Qualifications

• Experience in credit insurance underwriting or broking.
• In-depth knowledge of the credit insurance market.

Responsibilities

• Negotiate and execute Insured Credit transactions.
• Analyze structures and legal documentation for transactions.
• Build relationships with insurance brokers and banks.

Skills

Credit Insurance Underwriting

Document Review

Negotiation Skills

Analytical Skills

Relationship Management

Communication Skills

Job description

Job Description Summary

Senior Insurance Specialist

Permanent

Location: London

Closing date: 26th May 2025

Aegon Asset Management is a leading global investor with employees across 13 locations in Europe, the Americas, and Asia. We advise on assets for a diverse client base, including pension plans, public funds, insurance companies, banks, wealth managers, family offices, and foundations. Our approach is rooted in fundamental, research-driven active management, supported by effective risk management and a commitment to responsible investment.

Our people are our greatest asset. We aim to be a workplace where everyone can bring their authentic self and contribute to our strategic goals for our clients.

We help people live their best lives by supporting them through significant life moments.

Are you looking for a career in an inspiring, international, entrepreneurial, and agile environment? Do you want to be part of a team managing portfolios of Alternative Fixed Income and involved in our Insured Strategies? If yes, Aegon AM could be your next employer!

The Alternative Fixed Income team focuses on delivering attractive risk-adjusted returns by investing in less traditional or less liquid assets within the Fixed Income universe, including ABS/Structured Finance, Private ABS, Private Debt, Consumer loans, Renewables, Private Placements, and Insured Strategies (e.g., ECA/government guaranteed loans and Insured Credit).

The team manages approximately €81 billion in assets for external clients like pension funds, insurance companies, banks, and wholesalers.

We are seeking to expand the Insured Strategies team with a Senior Insurance Specialist based in London. You will be involved in the end-to-end execution of insured transactions, with a focus on the Insured Credit strategy, including driving new business origination, structuring, and managing existing transactions.

Reporting to the Head of Insured Strategies and EU Private Placements, your responsibilities will include:

1. Negotiating, structuring, and executing Insured Credit transactions directly with transaction parties.
2. Analyzing and negotiating structures and legal documentation, including insurance policies across multiple asset classes.
3. Assisting with credit analysis, due diligence, and assessment of structural risks and mitigants.
4. Monitoring and managing the portfolio and insurance policies, including reviews and turnaround management in case of non-payment events.
5. Building relationships with sourcing parties such as insurance brokers, insurance companies, multilateral development banks, commercial banks, and tech platforms to source suitable investment opportunities.
6. Developing client-focused products and origination strategies for the Insured Credit strategy.
7. Engaging in commercial activities, including pitching to potential investors and maintaining relationships with existing investors.

We’d love to hear from you if you:

• Have experience in credit insurance underwriting, broking, or a legal/banking role with credit insurance expertise.
• Possess in-depth knowledge of the credit insurance market and private credit instruments, with strong skills in document review and negotiation.
• Are a dedicated team player with a solution-oriented, detail-focused approach, high drive, and a deal-maker mentality.
• Have excellent communication skills, capable of explaining technical topics to non-technical stakeholders and presenting to investors.
• Have proven influencing and relationship management skills, with the ability to challenge practices and pursue continuous improvement.
• Enjoy working in an active, hybrid environment with cross-border teams, and possess analytical skills to understand complex legal and insurance documentation. Knowledge of SPV structures is preferred.

What’s in it for you?

• A competitive salary based on experience
• A non-contributory pension scheme (9%-13%)
• A discretionary bonus linked to personal and company performance
• 27 days of annual leave plus bank holidays (pro-rated for part-time)

Additional benefits include private medical cover, life assurance, critical illness cover, enhanced parental leave, and lifestyle perks such as retail vouchers, cycle-to-work scheme, subsidized dining, and online GP services.

At Aegon Asset Management, we value diversity and inclusion. We are committed to fostering a workplace where everyone can thrive, regardless of race, gender, ability, culture, or background.

We are open to flexible working arrangements. Please discuss your needs with us.

We serve a diverse, evolving world and strive to improve continually. If this resonates with you, please apply.

The legal bits

You must have the right to work in the UK. Employment will be subject to background checks, including credit and criminal record checks, and satisfactory references.

This role is within the scope of the Certification Functions and the Senior Manager and Certification Regime, requiring ongoing fitness and proper certification.

Equal Opportunity Employer:

We welcome applications from all qualified individuals, regardless of race, gender, disability, religion, sexual orientation, or age.