At a Glance
- Tasks: Select and underwrite political risk and contract frustration products while ensuring profitability.
- Company: Join HDI, a global insurer with over 120 years of experience and a collaborative culture.
- Benefits: Competitive salary, inclusive environment, and opportunities for professional growth.
- Other info: Be part of a diverse team and nurture relationships with brokers and clients worldwide.
- Why this job: Make an impact in the insurance industry while working on international projects.
- Qualifications: Experience in political and credit risk markets and strong analytical skills required.
The predicted salary is between 60000 - 70089 £ per year.
HDI is a Corporate & Specialty Insurer part of the Talanx Group.
With over 120 years of experience, HDI operates across five continents, around 40 countries and employs over 5,000 people worldwide.
The role
To carefully select and underwrite risks, in a cost effective manner and in accordance within granted authority levels, focusing on the Political Risk and Contract Frustration products and under the direction of the Underwriting Manager, Sovereign and Political Risk to ensure the Political & Credit Risk class is profitable and business targets are met.
- Key accountabilities
- Generate a material contribution to the underwriting of the Political & Credit Risk portfolio whilst maintaining high standards on new and renewal business.
- Responsible for documenting underwriting rationale and decisions to maintain a record of why the risk was bound and complete the associated tools for data capture.
- Broker liaison - develop strong, long-term relationships with brokers and clients to profitably grow a book of business and provide excellent customer service.
- Review and assess wordings and underwriting criteria with Legal & Compliance.
- To calculate possible risk and determine appropriate insurance premiums using risk information, pricing model, other statistics and own judgment within underwriting authority level, making necessary referrals in accordance with company policy.
- Preparation of reports for internal reporting.
- Represent HDI at client meetings and insurance conferences, and deliver presentations to brokers and clients as required.
- Participate in special underwriting projects, and Branch-wide projects as needed.
- Nurture a culture of strong collaboration with Political and Credit Risk and broadly HDI Global Group colleagues around the world.
- Communicate risk appetite and HDI value proposition to brokers and clients.
- Provide technical underwriting expertise / guidance to less experienced underwriting staff on the coverage, risk selection, and market.
Skills & experience
- Experience in the Political and Credit Risk or related markets, gained within an insurer, broker, bank, ECA, DFI or relevant financial institution.
- Good understanding of political, sovereign, economic, regulatory, and market-driven risks, and their impact on contracts, investments, trade, and cross-border transactions.
- Strong analytical skills with the ability to assess complex risks, identify key exposures, and evaluate factors that may affect transaction performance or recovery outcomes.
- Ability to make disciplined decisions and present clear, evidence-based risk recommendations.
- Knowledge of Political Risk and Contract Frustration insurance products, with an understanding of how these solutions support clients operating in international markets.
- Relationship management experience with brokers, clients, banks, public agencies, corporates, traders, or other market participants.
- Strong communication skills and the ability to work collaboratively with internal and external stakeholders.
As an equal opportunities employer, we are committed to creating an inclusive environment for all employees, recognising that a diverse and inclusive workplace is a creative and prosperous one.
- If you require support with your application, please contact UK&
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Underwriter - Political Risk & Contract Frustration in London employer: HDI Global SE
HDI is an exceptional employer, offering a dynamic work environment where finance professionals can thrive. With a strong commitment to employee development and a culture that values collaboration and innovation, you will have the opportunity to partner with senior stakeholders and drive meaningful change within the organisation. Located in the UK, HDI provides a unique chance to engage with diverse markets while enjoying the benefits of a supportive and inclusive workplace.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter - Political Risk & Contract Frustration in London
✨Tap into Campus Networks
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We think you need these skills to ace Underwriter - Political Risk & Contract Frustration 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 HDI Global SE.
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 HDI Global SE'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 HDI Global SE
✨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 HDI Global SE.
✨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 HDI Global SE 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 HDI Global SE 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.
