At a Glance
- Tasks: Lead and develop a new Non-Payment Insurance business from the ground up.
- Company: Join Assured Guaranty, a well-capitalised insurance group with a dynamic culture.
- Benefits: Competitive salary, leadership opportunities, and a chance to shape a new venture.
- Other info: Opportunity for significant career growth and to mentor a team.
- Why this job: Be at the forefront of building a profitable franchise in the insurance market.
- Qualifications: Proven underwriting experience and strong relationships in the credit insurance market.
The predicted salary is between 60000 - 80000 £ per year.
Assured Guaranty is seeking a commercially driven and strategically minded senior leader to establish and lead a new Non-Payment Insurance (NPI) syndicate at Lloyd’s, within an established financial guaranty insurance and asset management group.
This is a unique opportunity for an experienced market professional to build a business from inception, shape underwriting strategy, and create a scalable and profitable franchise within a well-capitalised insurance group.
The successful candidate will bring deep expertise in non-payment insurance, structured finance and project finance.
They will possess strong market relationships across banks and brokers, exceptional underwriting capability, and experience building teams, infrastructure, and governance frameworks.
The position will report directly to senior management and will play a critical role in defining the company’s market positioning and long‑term growth strategy.
- Job Responsibilities
- Lead and develop a Non-Payment Insurance business from inception through the design and implementation of a business plan together with senior management.
- As Active Underwriter, lead day-to-day underwriting decisions and portfolio performance for the syndicate’s ensuring business is written within the agreed risk appetite, authority framework and the Syndicate Business Forecast.
- Ensure Lloyd’s underwriting standards and the managing agent’s governance requirements are met.
- Undertake underwriting duties for Non-Payment Insurance products.
- Structure and assess complex transactions involving project finance, single name corporates and structured finance.
- Develop and maintain strong relationships with banks, brokers, reinsurers, investors, and other market participants.
- Develop and advise on underwriting and portfolio risk frameworks.
- Take an active role in business development and marketing efforts, including travel.
- Represent the company externally with clients, brokers, reinsurers, regulators, and rating agencies where appropriate.
- Monitor portfolio performance, market developments, and emerging risks to ensure disciplined underwriting standards and portfolio quality.
- Advise on and help develop internal IT systems and operational infrastructure to support the business.
- Advise on and create a reinsurance programme to support underwriting capacity and portfolio management.
- Over time recruit, mentor, and lead a team of underwriters.
- Work closely with internal stakeholders and other business lines across the Assured group.
- Review project documentation and loan agreements as part of the underwriting process.
- Assume responsibility for overseeing and managing legal and regulatory projects when necessary.
- Candidate Background & Qualifications
- Significant proven underwriting experience within an insurance company, broker, bank operating in the credit and non-payment insurance market, with strong familiarity of the Lloyd’s market.
- Excellent relationships with brokers and banks across the structured credit and trade finance markets.
- Expertise in corporate credit, infrastructure, and project finance transactions.
- Familiarity with drafting and negotiating Non-Payment Insurance policies and related contractual documentation.
- Experience developing or advising on underwriting systems, IT infrastructure, and operational best practices.
- Experience establishing or managing reinsurance programmes.
- Experience with third‑party investor structures and alternative capital solutions.
- Strong credit analysis, underwriting judgement, and transaction structuring capability.
- Ability to manage KYC and compliance responsibilities with excellent verbal and written communication skills.
- Proven leadership capability, with prior management experience preferred.
- Entrepreneurial and commercially minded, with the ability to build a business from the ground up.
- Upbeat, dynamic, and driven personality with strong relationship management skills.
- Foreign language capability with business‑level proficiency is advantageous.
- #J-18808-Ljbffr
Head of Non-Payment Insurance New London, United Kingdom employer: Assured Guaranty Ltd.
Assured Guaranty is an exceptional employer, offering a unique opportunity to lead and develop a new Non-Payment Insurance syndicate in the vibrant financial hub of London. With a strong focus on employee growth, a collaborative work culture, and the chance to shape a profitable business from inception, we empower our team members to thrive in their careers while enjoying the benefits of working within a well-capitalised insurance group. Join us to make a meaningful impact in the industry and advance your professional journey in a dynamic environment.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Non-Payment Insurance New London, United Kingdom
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Assured Guaranty Ltd.). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Assured Guaranty Ltd.. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Head of Non-Payment Insurance New London, United Kingdom
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Assured Guaranty Ltd..
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Assured Guaranty Ltd.. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Assured Guaranty Ltd.
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Assured Guaranty Ltd. to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Assured Guaranty Ltd., they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Assured Guaranty Ltd.'s values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
