Underwriter, Political Risk & Credit

Convex Insurance; City of Westminster; On-site; GBP 45,000 - 65,000; Full time

Job summary

A global insurance provider in the City of Westminster seeks an experienced Underwriter for their Political Risk & Credit line of business. In this role, you will manage specific client portfolios, ensure risks are written within parameters, and identify market opportunities. Ideal candidates have at least 2 years of underwriting experience and a talent for building client relationships. This position offers a competitive salary and comprehensive benefits.

Benefits

Competitive Salary

30 days Annual Leave

Birthday Leave

10% Employer Pension Contribution

Private Health Insurance Medical Cover

Group Income Protection

Life Assurance Cover

Enhanced Parental Leave

Annual Health Check

3 days of Volunteer Leave each year

10 days of help with care (elder/childcare)

£1,300 to spend on learning & wellbeing

Give as You Earn

Cycle to Work

Season Ticket Loan

Qualifications

• At least 2 years of experience in a Political Risk and Credit underwriting role.
• Enjoy meeting and building relationships with clients globally.
• Ability to work with new technology.

Responsibilities

• Manage specific client portfolios and market activity within Political Risk & Credit.
• Ensure risks are written within agreed parameters.
• Conduct analysis to identify business opportunities.

Skills

Client relationship management

Analytical skills

Problem-solving skills

Adaptability

Data-driven decision making

Job description

You will play a visible role in ensuring the effective delivery of the vision and the strategy for Political Risk & Credit in relation to specific portfolio(s) and / or markets to an agreed authority level. As an Underwriter, you will be focused on the successful management of specific client portfolios and relevant market activity within the Political Risk & Credit line of business. Moreover, you will take responsibility for maintaining and building new business which profitably grows the portfolio and minimises loss exposures. Our portfolio comprises of Political Risk & Credit business written across multiple territories across the globe through both direct and delegated distribution channels.

Key Responsibilities

• Generate and manage business on a client relationship basis for specific portfolio and product groups and platforms within the SBU.
• Ensure risks are written within the agreed parameters - making sound long term decisions on risks that are written.
• Alignment to and delivery of tactical client intimacy initiatives within the portfolio(s), markets and product forum.
• Undertake analysis of the portfolio to identify business opportunities, products and clients, ensuring a robust business case.
• Where appropriate, seek out and grow opportunities with new clients.
• Ensure client intimacy is achieved through the efficient oversight of issues raised including liaison to ensure effective conclusion to complaints and claims.
• Ensure risks are written within the agreed parameters - making sound long term decisions on risks that are written, with a focus on smart rationale underwriting.
• Conduct role in accordance with the Company's Business Ethics policy and all regulated entities as appropriate.

Qualifications & Attributes

• Manage the location/market so that it complies with relevant risk, regulatory and legal requirements and so that it complies with Group policies.
• At least 2 years of experience in a Political Risk and Credit (Assistant) underwriting role.
• Enjoy meeting and building relationships with our major existing clients across the globe and seeking out new target clients.
>Naturally curious with a keen desire and ability to learn.
• Flexible and adaptable approach.
• Problem solver with a "continuously improve" mindset.
• Supportive of data-led decision making.
• Ability to pick up and work with new technology.

Benefits

• Competitive Salary
• 30 days Annual Leave
• Birthday Leave
• 10% Employer Pension Contribution
• Private Health Insurance Medical Cover
• Group Income Protection
• Life Assurance Cover
• Enhanced Parental Leave
• Annual Health Check
• 3 days of Volunteer Leave each year
• 10 days of help with care (elder/ childcare) through Bright Horizons
• £1,300 to spend on learning & wellbeing
• Give as You Earn
• Cycle to Work
• Season Ticket Loan