Senior Risk Underwriter, Americas

Bondaval; New York (NY); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive base salary

Meaningful equity

Private pension

Private medical cover

25 days' holiday

Job summary

Bondaval is seeking a Senior Risk Underwriter to own underwriting decisions on our Americas book and work closely with brokers, clients and capacity providers. You will ensure risk decisions align with appetite and governance standards as the book grows across multi-buyer, select risk and single obligor programmes.

The role requires 5+ years in risk underwriting, deep NA credit experience, and the ability to present clear analysis to capacity providers.

Qualifications

• 5+ years in risk underwriting, ideally trade credit insurance.
• Deep knowledge of the North American credit environment, including insolvency regimes.
• Analytical writing that earns approvals from capacity providers.
• Ability to underwrite across jurisdictions with varying credit and legal contexts.

Responsibilities

• Own risk evaluation and underwriting decisions on new and existing Americas transactions across multi-buyer, select risk and single obligor programmes.
• Present transactions to the Underwriting Committee, backed by clear analysis papers and justifications for capacity providers.
• Monitor the portfolio for emerging risks and appetite breaches, and recommend action.
• Track and report portfolio metrics and data trends to the Group VP of Risk Underwriting.
• Lead renewal reviews and execution for Americas clients.
• Build strong working relationships with brokers, insurers and clients across the region.
• Partner with product and engineering to build underwriting judgement into our platform and tools.

Skills

Senior risk underwriting

North American credit knowledge

Analytical writing

Cross-jurisdiction underwriting

Underwriting committee presentations

Job description

Bondaval is building the decision layer for B2B financial risk, and we intend to shape how the next generation of it is managed.

Every company that sells on credit is taking risk on whether it will get paid. We help them manage that risk with confidence. Our platform combines proprietary technology, specialist underwriting and rated insurance capacity, so businesses can price, monitor and protect their credit, counterparty and payment risk in one place. Trade credit insurance and non-payment guarantees all run on it.

• Named as the #1 fastest-growing InsurTech and #19 fastest-growing startup in the Sifted 100 for UK & Ireland
• #4 fastest growing software business in the UK (The Sunday Times 100 Tech)
• We've raised ~$35m of capital to accelerate our growth, backed by leading European and American VCs, including Dawn Capital and Octopus Ventures

About Us

Bondaval is building the decision layer for B2B financial risk, and we intend to shape how the next generation of it is managed.

Every company that sells on credit is taking risk on whether it will get paid. We help them manage that risk with confidence. Our platform combines proprietary technology, specialist underwriting and rated insurance capacity, so businesses can price, monitor and protect their credit, counterparty and payment risk in one place. Trade credit insurance and non-payment guarantees all run on it.

• Named as the #1 fastest-growing InsurTech and #19 fastest-growing startup in the Sifted 100 for UK & Ireland
• #4 fastest growing software business in the UK (The Sunday Times 100 Tech)
• We've raised ~$35m of capital to accelerate our growth, backed by leading European and American VCs, including Dawn Capital and Octopus Ventures

About the Role

We are hiring a Senior Risk Underwriter to own underwriting decisions on our Americas book, from new deals through to renewals, within our risk appetite and governance standards.

As our Americas book grows, we need senior underwriting judgement on the ground: close to our Americas commercial team, the brokers we work through, and the clients they serve.

In year one, success means an Americas portfolio performing within appetite, and Underwriting Committee papers that capacity providers approve with confidence.

Key Responsibilities

• Own risk evaluation and underwriting decisions on new and existing Americas transactions across multi-buyer, select risk and single obligor programmes.
• Present transactions to the Underwriting Committee, backed by clear analysis papers and justifications for capacity providers.
• Monitor the portfolio for emerging risks and appetite breaches, and recommend action.
• Track and report portfolio metrics and data trends to the Group VP of Risk Underwriting.
• Lead renewal reviews and execution for Americas clients.
• Build strong working relationships with brokers, insurers and clients across the region.
• Partner with product and engineering to build underwriting judgement into our platform and tools.

About You

Required:

• 5+ years in risk underwriting, ideally in trade credit insurance.
• Deep knowledge of the North American credit environment, including US insolvency regimes.
• Analytical writing that wins approval: papers and justifications capacity providers trust.
• Confidence underwriting across jurisdictions with different credit and legal environments.
• Sound independent judgement, and the sense to know when to escape.

Nice to have:

• Understanding of policy structures, contract wordings and legal considerations in credit risk.
• Experience working with brokers and capacity providers.
• Latin American risk experience; Spanish or Portuguese a plus.

Compensation, Perks & Benefits

• Competitive base salary
• Meaningful equity in a company at the intersection of insurance, credit, data and technology
• Private pension Private medical cover 25 days' holiday + bank holidays
• Learning and development budget
• Exposure to clients, brokers, reinsurance partners and investors from day one
• A senior seat in a growing Americas underwriting team, with a direct line to group leadership
• A volunteer-run Culture Club, regular all-team weeks, hackathons and townhalls