Senior Underwriter - Credit & Political Risk

Senior Underwriter – Credit & Political Risk

London – Permanent – Full Time.

Hybrid.

About us

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 Credit & Political Risk team is looking for a knowledgeable market participant with experience in structured and project finance to take on a strategic and senior underwriting role within a collegiate and dynamic global team.

Responsibilities

Develop a profitable book of business in line with HDI\’s underwriting guidelines.

• Underwrite the Credit and Political Risk Insurance account in accordance with the underwriting guidelines, pricing tools and business plan.
• Externally promote HDI to brokers and clients, creating a network and responding to new opportunities as they arise.
• Contribute to the strategic direction of the accounts in collaboration with the local CPRI leadership team and the Head of CPRI Global Hub.

Key Accountabilities

• Underwrite, review, peer‑review, process and service profitable new business and renewals in line with HDI\’s underwriting rules and guidelines.
• Underwrite with a profitable gross income objective: 20% of London GWP.

Technical Expertise

• Product and wording expertise; act as a team resource for bespoke wording/clause amendments and referrals to Legal & Compliance.
• Review and develop new market products, liaising with Operations, Legal, Compliance and Home Office.

Client / Broker Relations

• Establish and develop key client relationships, primarily banks and public agencies and select other clients, as well as key broking partners.

Developmental Objectives

• Represent CPRI/HDI in internal and external exchanges, work streams and meetings.
• Work with local leadership, including the Head of CPRI, to contribute to marketing, portfolio development, client evaluation and product innovation.
• Represent HDI and develop HDI\’s profile within ITFA and other trade bodies, including the IUA.
• Identify new business opportunities and growth areas for the class, supported by analytics.

Reporting

• Design, deliver, develop and analyse reports, identify and recommend solutions to reporting issues.
• Monitor aggregates.

Risk and Controls

• Identify and calculate risk trends, suggesting modifications to underwriting criteria and determining premium levels.
• Design, implement and maintain process controls to ensure the quality of outputs, with accurate documentation.

Project Management

• End‑to‑end project management for functional projects and contribution to team or branch‑wide projects.

Assisting with the development of others

• Provide technical CPRI underwriting expertise and guidance to less experienced staff.
• Nurture a culture of strong collaboration with HDI Group colleagues worldwide.

Skills & Experience

• Strong first‑hand, in‑depth working knowledge of political and credit risk markets.
• Demonstrable knowledge of CPRI business and coverage design.
• Strong established business relationships with London and global market brokers and clients.
• Bachelor\’s degree or equivalent working experience and qualifications such as ACII, FCII, CFA.

Other

As an equal opportunities employer, we are committed to creating an inclusive environment for all employees.

In case you need support with your application, please contact us.