At a Glance
- Tasks: Lead and develop a new Non-Payment Insurance business at Lloyd’s.
- Company: Join Assured Guaranty, a well-capitalised insurance group with a strong market presence.
- Benefits: Competitive salary, leadership role, and the chance to shape a new business.
- Other info: Opportunity for career growth and team leadership in a dynamic environment.
- Why this job: Build a profitable franchise and make a significant impact in the insurance industry.
- Qualifications: Deep expertise in non-payment insurance and strong market relationships required.
The predicted salary is between 63000 - 77000 £ 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
Wanted: Head of Non-Payment Insurance 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.
