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: Collaborative environment with excellent growth potential.
- Why this job: Make an impact in a dynamic role with opportunities for innovation.
- Qualifications: Experience in financial risk, strong analytical skills, and a commercial mindset.
The predicted salary is between 50000 - 70000 £ 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 in London employer: Avencia
Avencia offers an exceptional work environment for Trade Credit Underwriters in London, where employees are part of a dynamic and ambitious underwriting team. With a strong focus on professional development, the company provides ample opportunities for growth and innovation, encouraging staff to enhance their skills in risk analysis and client relationship management. The collaborative culture fosters teamwork and creativity, making it an ideal place for those seeking a meaningful and rewarding career in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Trade Credit Underwriter in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Avencia. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Trade Credit Underwriter in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Avencia.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Avencia's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Avencia
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Avencia.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Avencia will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Avencia employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
