Senior Underwriter

Senior Underwriter - Credit & Political Risk Join to apply for the Senior Underwriter - Credit & Political Risk role at HDI Global SE. HDI is a Corporate & Specialty Insurer part of the Talanx Group. With over 120 years of experience, HDI operates across five continents, around 40 countries and employs over 5,000 people worldwide. The role Develop a profitable book of business in line with HDI’s underwriting through: Underwriting the Credit and Political Risk Insurance account - in accordance with the underwriting guidelines, pricing tools and business plan, and; Externally promote HDI to brokers and clients, creating a network of supporting brokers clients providing opportunities within appetite and also respond and develop new opportunities as they are presented, and; Contributing to the strategic direction of the accounts – working with the local CPRI leadership team including the Head of CPRI Global Hub. Key accountabilities Underwrite, review, peer-review, process, and service, profitable new business and renewals for the Credit and Political Risk account in line with the jobholder’s Underwriting Authority, the business plan, and all HDI underwriting rules and guidelines Underwrite (profitable gross income objective: 20% of London GWP) Technical Expertise Product and Wording expertise; a team-wide resource for frequent bespoke wording/clause amendments and additions, referral point of contact for underwriters to agree and review policy documentation including referral to Legal & Compliance Review & develop new market products, both in-house and from the market (liaising with Operations, Legal, Compliance and Home Office) Client/Broker Relations Establish and develop key client relationships; primarily Banks and Public Agencies, and some select other clients, as well as key broking partners Developmental Objectives Represent CPRI/HDI in internal/external exchanges, work streams and meetings. Work with local leadership team including the Head of CPRI to develop knowledge and make a leading contribution to specific tasks including marketing, portfolio development, current and new client evaluation and product innovation Represent HDI and develop HDIs profile within ITFA and other external trade, market and lobbying bodies, including the IUA Identify new business opportunities and growth areas for the class - supported by analytics as appropriate Reporting Design, deliver, develop and analyse reports, identify and recommend solutions to reporting issues in line with team/group/branch requirements Monitoring of Aggregates Risk and Controls Identify and calculate risk trends and suggest modifications to the underwriting criteria and determine premium levels as appropriate Design, implement and maintain process controls to ensure the quality of the output for your area/team within the function. Ensure documentation of the processes and output is accurate, up-to-date and accessible Project Management End-to-end project management for functional projects and contribute to any Team and /or Branch wide projects Assisting with the development of others Provide technical CPRI underwriting expertise / guidance to less experienced underwriting staff on the coverage, risk selection, market, and best practice Nurture a culture of strong collaboration with HDI Group colleagues around the world Skills & experience Strong first hand, in-depth working knowledge of Political and Credit Risk markets. Demonstrable knowledge of CPRI business and coverage design. Strong established business relationships with London and global market brokers and clients. Bachelor's Degree or equivalent working experience and related qualification such as ACII/FCII/CFA As an equal opportunities employer, we are committed to creating an inclusive environment for all employees, recognising that a diverse and inclusive workplace is a creative and prosperous one. If you require support with your application, please contact UK&IRE_Recruitment@hdi.global. Seniority level Mid-Senior level Employment type Full-time Job function Other Industries Insurance #J-18808-Ljbffr