Underwriter, Political Risk & Credit
Department: Underwriting - Insurance
Employment Type: Permanent
Location: London, UK
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.
- Manage the location/market so that is complies with relevant risk, regulatory and legal requirements and so that it complies with Group policies.
Skills Knowledge and Expertise
- 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