Credit and Political Risk Underwriter in London

Credit and Political Risk Underwriter in London

London Full-Time 50000 - 70000 £ / year (est.) Home office (partial)
Everest Group

At a Glance

  • Tasks: Support underwriting of credit and political risk across diverse transactions.
  • Company: Join Everest, a global leader in risk management with a rich heritage.
  • Benefits: Inclusive culture, professional growth, and the chance to make a real impact.
  • Other info: Collaborative environment with strong focus on learning and development.
  • Why this job: Develop expertise in a dynamic team while tackling complex international challenges.
  • Qualifications: Experience in credit/political risk or relevant finance background preferred.

The predicted salary is between 50000 - 70000 £ per year.

About Everest: Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.

The Opportunity: Everest is seeking an Underwriter to join the Credit and Political Risk team in London. The role offers the opportunity to contribute to a well established portfolio, supporting underwriters across a broad range of transactions while developing expertise across key segments within the CPR market.

Team Overview: The Credit and Political Risk team at Everest is a core specialty business within Global Wholesale and Specialty, with underwriting hubs in London, the US and Singapore. The team is a highly regarded lead market with deep expertise across sovereign risk, structured credit, political risk and complex asset-backed exposures. With more than a decade of underwriting history at Everest, the portfolio is well established and diversified, with a strong track record of disciplined underwriting and market credibility. The platform continues to see strong demand and is well positioned for further growth, supported by continued investment in talent and capability. This is an opportunity to join a collaborative and experienced team, working across a broad range of countries, industries and asset classes, with the ability to build capability and develop technical expertise over time.

What you will be doing:

  • Support the underwriting of a broad portfolio of credit and political risk business across sovereign risk, structured credit, political risk, project finance and asset-backed transactions
  • Analyse transactions and assist in assessing credit and sovereign risk, ensuring alignment with underwriting appetite
  • Contribute to pricing and structuring of deals using appropriate analytical tools and frameworks
  • Prepare and document underwriting analysis, including financial modelling, credit assessments and risk summaries
  • Support the negotiation of policy terms and wordings in collaboration with senior underwriters and legal teams
  • Build and maintain relationships with global banking clients, financial institutions and brokers
  • Attend client meetings and market engagements to support business development activity
  • Monitor portfolio performance and contribute to maintaining a well diversified and profitable book
  • Participate in internal discussions on underwriting strategy, market trends and risk appetite
  • Work closely within a collaborative team environment, developing technical capability and market knowledge

What we are looking for:

  • Experience within credit and political risk, or a relevant background in banking, structured finance, or reinsurance
  • Exposure to asset classes such as structured credit, project finance, or asset-backed finance
  • Strong analytical capability with the ability to review financial information and assess credit risk
  • Interest in sovereign risk, geopolitical factors and complex international transactions
  • Ability to translate analysis into clear and structured underwriting recommendations
  • Commercial awareness and an interest in developing client and broker relationships
  • Strong communication skills, both written and verbal
  • High attention to detail and ability to manage multiple transactions in a fast-paced environment
  • Collaborative approach with a willingness to learn and develop within a high-performing team
  • A degree in finance, economics or a related discipline is beneficial but not essential

At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles.

Our Culture: At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviours.

Our Values are the guiding principles that inform our decisions, actions and behaviours. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.

Our Colleague Behaviours define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together. All colleagues are held accountable to upholding and supporting our values and behaviours across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Credit and Political Risk Underwriter in London employer: Everest Group

Everest Advisors (UK), Ltd. is an exceptional employer that fosters a culture of inclusion and collaboration, making it an ideal place for professionals seeking meaningful careers in finance. With a commitment to employee growth and development, the company offers robust opportunities for advancement while ensuring a supportive work environment in the vibrant city of London. Employees benefit from a strong focus on work-life balance, competitive compensation, and the chance to contribute to impactful projects that drive global economies forward.

Everest Group

Contact Details:

Everest Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Credit and Political Risk 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 Everest Group. 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 Credit and Political Risk Underwriter in London

Credit Risk Assessment
Political Risk Analysis
Financial Modelling
Analytical Skills
Negotiation Skills
Relationship Management
Communication Skills

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 Everest Group.

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 Everest Group'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 Everest Group

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 Everest Group.

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 Everest Group 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 Everest Group 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.