Underwriter: Credit Solutions Specialist

1 month ago


London, Greater London, United Kingdom Liberty Specialty Markets Full time
About the Role:

We are seeking a highly skilled Underwriter to join our Credit Solutions team at Liberty Specialty Markets. As an Underwriter, you will be responsible for underwriting a wide range of non-payment insurance risks in accordance with our business plan and personal authority.

About the Department & Team:

Our Credit Solutions team is part of Financial Risk Solutions (FRS), which underwrites credit and political risks on Company insurance paper and through Lloyd's of London. We have regional underwriting hubs in the US, London, Paris, and Singapore, and our team is responsible for strengthening client and broker relationships through regular engagement in meetings and conferences.

Key Responsibilities:
  1. Underwrite non-payment insurance risks in accordance with our business plan and personal authority.
  2. Take responsibility for specific Client and Broker Relationship Management.
  3. Demonstrate understanding and awareness of market dynamics and market cycles to drive and enhance business performance.
  4. Apply reinsurance requirements in accordance with our business plan and reinsurance treaty.
  5. Participate in the review and analysis of the portfolio to identify areas of risk concern and new business opportunities.
  6. Contribute to and participate in meetings to share and develop knowledge, risk awareness, and best practice.
  7. Ensure entries are properly recorded in relevant systems in a timely manner while ensuring accuracy of data in relation to both underwriting and aggregate exposures.
  8. Adhere to all applicable internal and external laws, regulations, policies, procedures, guidance, and best practice methodology to minimize risk.
Skills and Experience:
  1. Experience working in the Financial Services sector, preferably in a front office/credit/loan syndication function at a commercial or investment bank, in a Public Agency engaged in credit and/or political risk insurance or direct lending function, or in an insurance company or broker's credit and political risk insurance team.
  2. Demonstrable expertise in the assessment and pricing of credit risk with proven abilities in credit or sovereign risk analysis.
  3. Understanding of the drivers of Financial Institutions' use of risk mitigation products, their internal credit application and review processes, and regulatory framework.
  4. Use of risk profiling and pricing tools and loss models.
  5. Excellent numeracy, literacy, interpersonal, communication, and negotiation skills.
  6. Highly organized with excellent attention to detail.
  7. Ability to analyze and use data for decision making. Proven ability to make risk-based decisions under time constraints.
  8. Economic, political, current affairs interest and knowledge.
  9. Knowledge of legal and regulatory requirements.
About Liberty Specialty Markets:

Liberty Specialty Markets is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.

We are committed to our Liberty values, which include 'Put People First.' This means we prioritize our colleagues' career development, promote diversity, equity, and inclusion, and foster a supportive culture that encourages collaboration and innovation.



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