underwriter Credit Specialties

Atradius N.V.; City of Westminster; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A global credit insurance company is seeking an experienced Underwriter / Senior Underwriter in the London/Lloyds market. This role involves evaluating credit risks, managing business opportunities, and collaborating with various teams. The ideal candidate will have over 5 years in credit and political risk insurance, strong analytical abilities, and a relevant university degree. Competitive salary and benefits are offered, alongside a commitment to personal development in a supportive culture.

Benefits

Competitive salary

Annual bonus scheme

Market leading pension package

Income protection scheme

Employee Assistance Programme

Flexible benefits and rewards

Qualifications

• 5+ years of experience in the London / Lloyds Credit & Political Risk Insurance market.
• Strong command of reviewing Loan and contractual documentation.
• Proficiency in negotiating London Market wordings.

Responsibilities

• Evaluate credit risks and transaction structures from brokers.
• Underwrite business opportunities in line with governance.
• Manage and service the existing 'live' portfolio.

Skills

Analytical skills

Interpersonal and communication skills in English

Proficiency in Microsoft products

Education

University degree

Tools

Excel

Word

Teams

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 international).

• 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.
• 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.
• The Atradius Group provides trade credit insurance, surety and collections services worldwide, and has a presence through 160 offices in 52 countries. The products offered by Atradius protect companies around the world against the default risks associated with selling goods and services on credit.
• At Atradius, we believe in personal development and the Growth Mindset. Our Culture is based on teamwork, reliable accountability, constantly improving and unrivalled service. Read on more on our Career site: https://careers.atradius.com/en/careers.
• 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