At a Glance
- Tasks: Underwrite Trade Credit risks and build strong relationships with brokers and clients.
- Company: Join a leading global insurer with ambitious growth plans.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Other info: Great opportunity for those looking to broaden their experience in trade credit.
- Why this job: Make an impact in a well-established team while expanding your underwriting skills.
- Qualifications: Strong credit analysis skills and a commercial mindset are essential.
The predicted salary is between 50000 - 65000 £ per year.
Avencia are partnered with a leading global insurer who are looking to hire a Trade Credit Underwriter to join their team in London. This is a fantastic opportunity to join a highly regarded and well-established underwriting team with ambitious growth plans across the UK and international markets. The role offers a blend of both risk and commercial underwriting, with exposure to a broad portfolio of corporate and banking clients across multiple territories and sectors. The business is particularly keen to attract well-rounded underwriters with strong credit analysis and risk assessment capabilities, alongside the commercial mindset needed to help develop broker and client relationships. They are also open to individuals looking to broaden their experience within trade credit.
Key responsibilities:
- Underwriting new and existing Trade Credit risks across a diverse portfolio
- Supporting the growth and development of broker and client relationships
- Conducting detailed financial and credit analysis on submissions
- Assessing trade and export finance risks, including single risk and whole turnover business
- Preparing and presenting underwriting submissions for peer review
- Negotiating policy terms and conditions
- Supporting portfolio management, retention and profitability targets
- Working closely with senior underwriters and business development teams
Trade Credit Underwriter employer: Avencia Consulting
Avencia offers an exceptional work environment for Trade Credit Underwriters, fostering a culture of collaboration and professional growth in the heart of London. Employees benefit from exposure to a diverse portfolio of clients, comprehensive training opportunities, and a commitment to innovation within the insurance sector, making it an ideal place for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Trade Credit Underwriter
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with professionals on LinkedIn. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by researching the company and understanding their underwriting processes. Show them you’re not just another candidate; you’re genuinely interested in their business and how you can contribute.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience in credit analysis and risk assessment clearly and confidently. Highlight how your skills align with their needs and how you can help grow their broker and client relationships.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you stand out, and applying directly can sometimes give you an edge over other candidates.
We think you need these skills to ace Trade Credit Underwriter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Trade Credit Underwriter role. Highlight your experience in risk assessment and credit analysis, as well as any relevant commercial skills. We want to see how you can contribute to our ambitious growth plans!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how your background aligns with our needs. Don’t forget to mention your interest in developing broker and client relationships – that’s key for us!
Showcase Your Analytical Skills:Since this role involves detailed financial and credit analysis, make sure to showcase your analytical skills in your application. Provide examples of how you've successfully assessed risks in the past. We love seeing real-world applications of your expertise!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it shows you’re keen to join our team at StudySmarter!
How to prepare for a job interview at Avencia Consulting
✨Know Your Numbers
As a Trade Credit Underwriter, you'll need to demonstrate your strong credit analysis skills. Brush up on financial metrics and be ready to discuss how you assess risk. Prepare examples of past analyses you've conducted and the outcomes.
✨Showcase Your Commercial Mindset
This role requires a blend of risk assessment and commercial acumen. Think about how you've developed relationships with brokers or clients in the past. Be prepared to share specific strategies you've used to foster these connections.
✨Understand the Portfolio
Familiarise yourself with the types of risks and sectors the company deals with. Research their portfolio and be ready to discuss how you would approach underwriting for different industries. This shows your proactive nature and genuine interest in the role.
✨Prepare for Peer Review Scenarios
Since you'll be preparing submissions for peer review, think about how you would present your findings. Practice explaining your thought process clearly and concisely, as this will be crucial in demonstrating your communication skills during the interview.
