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Underwriter - Trade Credit / Political Risk

4 months ago

The City, United Kingdom HFG Insurance Recruitment Full time

New Vacancy - Underwriter - Trade Credit / Political Risk
City of London | Hybrid
Lloyd's Insurer

I am currently recruiting for a growing Lloyd's Insurer who are seeking a Underwriter to join their Trade Credit and Political Risk team.

My client is looking for an experienced individual in this field with in-depth knowledge, expertise and experience of PR/TC underwriting and complex transactions. This role is more focused towards Trade Credit rather than Political Risk so someone with strong TC experience is needed.

Key Responsibilities

  • Play an active role in achieving the team business plan in line with the overall business strategy.
  • Ensure compliance with operating model and risk framework.
  • Improve business performance by providing accurate management information.
  • Serve as a role model for the brand and culture.
  • Support the Head of PRTC in developing a high performing team and mentoring junior underwriters.
  • Collaborate with colleagues to maximize opportunities and relationships.
  • Manage risks in line with business plan and company standards.
  • Build and maintain relationships with brokers, clients, and stakeholders.
  • Ensure adherence to underwriting processes and risk management.
  • Assist with reinsurance policies and claims management.
  • Oversee administration and support systems for underwriting.
  • Identify and pursue new business opportunities.
  • Make risk-based decisions and manage risks as per company framework.
  • Implement data controls and adhere to document management policies.
  • Embrace technology for improved underwriting services.
  • Operate within designated authority levels.