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 contributing to global economies.
- Qualifications: Experience in credit/political risk or relevant finance background preferred.
The predicted salary is between 60000 - 80000 £ 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. Please let us know if you need any accommodations throughout the application or interview process.
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 employer: FHLB Des Moines
Everest International Insurance is an exceptional employer, offering a dynamic work environment in London where collaboration and professional growth are at the forefront. With a strong commitment to inclusivity and a culture that values talent and leadership, employees have access to extensive development opportunities while contributing to a well-established portfolio in the Credit and Political Risk sector. The company's dedication to disciplined underwriting and community impact makes it a rewarding place for those seeking meaningful careers in risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Credit and Political Risk Underwriter
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
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Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like FHLB Des Moines). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like FHLB Des Moines. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Credit and Political Risk Underwriter
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at FHLB Des Moines.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at FHLB Des Moines. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at FHLB Des Moines
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at FHLB Des Moines to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at FHLB Des Moines, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding FHLB Des Moines's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
