At a Glance
- Tasks: Underwrite credit limits and analyse financial information for B2B clients.
- Company: Join Cartan Trade, a dynamic scale-up revolutionising trade credit insurance in Europe.
- Benefits: Enjoy a modern work environment with opportunities for growth and development.
- Other info: Work in London with a focus on UK and export risks.
- Why this job: Be part of a fast-paced team making a real impact in the finance industry.
- Qualifications: 3+ years in credit analysis or risk underwriting; strong analytical skills required.
The predicted salary is between 36000 - 60000 £ per year.
Cartan Trade is a fast-growing European trade credit insurance scale-up, shaking up the conventions of a traditional industry with a modern and agile approach, with already a presence in France, Italy, Netherlands and the UK. Cartan Trade is currently recruiting for a Risk Underwriter to join our team in London. The successful candidate will be part of the Northern Europe Risk team, underwriting and monitoring both UK and export risks with the view to supporting Cartan Trade’s profitable growth.
Responsibilities
- Monitoring companies (“buyers”); proactively reviewing buyer information and system-generated alerts with the view to keeping our risk stance updated
- Produce ad-hoc internal documentation to analyse, discuss and validate risk strategy on sensitive buyers
- Ad-hoc meeting with buyers to collect financial and non-financial information
- Underwriting credit limits for clients and prospects, for whole turnover, top up or single risk enquiries
- Attending ad-hoc meetings with brokers, prospects and/or clients
- Monitoring industry, economic and political trends, both in the UK and abroad
Requirements
- Minimum 2 years’ experience in a credit analysis and/or risk underwriting role, ideally in credit insurance
- Strong ability to analyse financial information and complex financial corporate structures, provide synthesis with the view to recommend and/or take underwriting decisions
- Ability to communicate clearly with both internal and external partners
- Proficient working knowledge of MS Office
- Degree standard of education preferred, ideally in a business, economics or financial discipline
Risk Underwriter M/F employer: CARTAN TRADE
Cartan Trade in London is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within the Northern Europe Risk team. Employees benefit from comprehensive professional development opportunities, competitive remuneration, and a supportive environment that values work-life balance, making it an ideal place for those looking to grow their careers in risk underwriting.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Underwriter M/F
✨Tip Number 1
Familiarise yourself with the specific nuances of trade credit insurance. Understanding the key concepts and terminology used in this field will help you engage more effectively during interviews and discussions with potential colleagues.
✨Tip Number 2
Network with professionals in the credit insurance industry, especially those who work in underwriting roles. Attend relevant industry events or webinars to make connections and gain insights that could give you an edge in your application.
✨Tip Number 3
Stay updated on current economic trends and political developments, particularly in the UK and Europe. Being able to discuss how these factors impact risk assessment will demonstrate your proactive approach and understanding of the market.
✨Tip Number 4
Prepare to showcase your analytical skills by discussing past experiences where you've successfully assessed risks or made underwriting decisions. Use specific examples to illustrate your thought process and the outcomes of your decisions.
We think you need these skills to ace Risk Underwriter M/F
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in credit analysis or risk underwriting. Emphasise any specific achievements or projects that demonstrate your ability to analyse financial information and make underwriting decisions.
Craft a Compelling Cover Letter:Write a cover letter that showcases your understanding of the trade credit insurance industry. Mention your experience with B2B non-payment risks and how you can contribute to Cartan Trade’s growth and success.
Highlight Relevant Skills:In your application, clearly outline your skills in analysing financial data and communicating effectively with partners. Provide examples of how you've successfully monitored credit limits or worked with commercial teams in the past.
Show Industry Awareness:Demonstrate your knowledge of current industry, economic, and political trends in your application. This will show that you are proactive and well-informed, which is crucial for a role in risk underwriting.
How to prepare for a job interview at CARTAN TRADE
✨Know Your Numbers
As a Risk Underwriter, you'll need to demonstrate your ability to analyse financial information. Brush up on key financial metrics and be prepared to discuss how you would assess a company's creditworthiness based on their financial statements.
✨Understand the Industry Landscape
Familiarise yourself with current trends in trade credit insurance and the specific challenges facing the industry. Being able to discuss these topics will show your genuine interest in the role and the company.
✨Prepare for Scenario Questions
Expect to face scenario-based questions where you may need to make underwriting decisions based on hypothetical situations. Practice articulating your thought process clearly and logically.
✨Showcase Your Communication Skills
Since the role involves liaising with various stakeholders, be ready to demonstrate your communication skills. Prepare examples of how you've effectively communicated complex information in previous roles.
