At a Glance
- Tasks: Underwrite Trade Credit risks and build relationships with brokers and clients.
- Company: Join a leading global insurer with ambitious growth plans.
- Benefits: Competitive salary, career development, and exposure to diverse markets.
- Other info: Opportunity to innovate with technology and AI in underwriting.
- Why this job: Make an impact in a dynamic team while enhancing your underwriting skills.
- Qualifications: Experience in financial risk, strong analytical skills, and a commercial mindset.
The predicted salary is between 55000 - 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 on strategic growth initiatives
- Engaging directly with brokers, banks and insureds across the market
Skills and experience
- Experience within Trade Credit, Political Risk, Surety, Banking or a related financial risk environment
- Strong financial analysis and credit assessment skills
- Understanding of risk underwriting principles across different sectors and territories
- Commercial mindset with the ability to build strong market relationships
- Exposure to trade finance, export finance or structured credit risks would be advantageous
- Knowledge of country risk and insolvency considerations is beneficial
- Strong communication and presentation skills
- Interest in innovation and the use of technology/AI within underwriting
Trade Credit Underwriter employer: Avencia Talent Solutions
Avencia offers an exceptional work environment for Trade Credit Underwriters in London, characterised by a collaborative culture that fosters professional growth and innovation. Employees benefit from exposure to a diverse portfolio of clients and the opportunity to develop strong relationships within the industry, all while being part of a well-established team with ambitious growth plans. The company prioritises employee development and encourages a commercial mindset, making it an ideal place for those seeking meaningful and rewarding careers in underwriting.
StudySmarter Expert Advice🤫
We think this is how you could land Trade Credit Underwriter
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or attend relevant events. We can’t stress enough how important it is to make connections that could lead to job opportunities.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. We recommend practising common interview questions and tailoring your answers to highlight your credit analysis and risk assessment skills.
✨Tip Number 3
Showcase your commercial mindset! During interviews, share examples of how you've built relationships in the past. We want to see how you can contribute to developing broker and client relationships.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
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 financial analysis and risk assessment, and don’t forget to mention any relevant skills that align with the job description.
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 makes you a great fit for the team. Be sure to mention your commercial mindset and relationship-building skills.
Showcase Your Analytical Skills:Since this role involves detailed financial and credit analysis, make sure to showcase any relevant projects or experiences where you’ve successfully assessed risks. Numbers speak volumes, so include any quantifiable achievements!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Avencia Talent Solutions
✨Know Your Numbers
As a Trade Credit Underwriter, you'll need to demonstrate strong financial analysis skills. Brush up on key financial metrics and be ready to discuss how you assess credit risks. Prepare examples from your past experience where your analysis made a significant impact.
✨Understand the Market
Familiarise yourself with the current trends in trade credit and political risk. Research the company’s portfolio and their approach to underwriting. This will show that you're not just interested in the role, but also in how you can contribute to their growth plans.
✨Build Rapport with Brokers
Since relationship-building is crucial, think about how you can connect with brokers and clients. Prepare to discuss your previous experiences in developing these relationships and how you can leverage them to support the company's strategic initiatives.
✨Showcase Your Commercial Mindset
The role requires a commercial mindset, so be prepared to discuss how you've balanced risk assessment with business development in your previous roles. Highlight any innovative approaches you've taken to enhance profitability or client satisfaction.
