At a Glance
- Tasks: Develop and manage financial risk reinsurance strategies while building client relationships.
- Company: Join a leading firm focused on financial risk solutions in a supportive environment.
- Benefits: Competitive salary, hybrid working, wellness support, and career development opportunities.
- Other info: Embrace diversity and innovation in a dynamic workplace with flexible working options.
- Why this job: Shape a sustainable financial risks portfolio and make a real impact in the industry.
- Qualifications: In-depth knowledge of financial risks reinsurance and strong client management skills.
The predicted salary is between 60000 - 80000 £ per year.
Location: London
Position type: Full time, permanent
Responsibilities
- Strategy: Develop the existing Financial Risks reinsurance book and look for growth and improvement opportunities. The key lines covered are Trade Credit, Surety, Mortgage and Political risk.
- Underwriting: Generate and manage business on a client relationship basis within agreed risk appetite. Understand and contribute to the execution of the business plan. Ensure client relationship is achieved through efficient oversight of issues raised including liaison to ensure effective conclusion to complaints and claims. Undertake analysis of the location/market to identify new business opportunities, products and clients, ensuring a robust business case. Ensure risks are written within the agreed parameters – making sound long‑term decisions with a focus on smart rationale underwriting.
- Underwriting Management: Provide effective oversight and input into underwriting performance. Report on an ad‑hoc basis regarding pipelines, new opportunities, and progress towards strategic goals. Liaise with and ensure regional compliance with underwriting management, taking corrective action as necessary and operating within agreed authorities. Proactively participate in product forum meetings, challenging and responding to challenges regarding product performance.
- Compliance and Risk Management: Conduct role in accordance with the Company's Business Ethics policy and all regulated entities as appropriate; manage the location/market so that it complies with relevant risk, regulatory and legal requirements and so that it complies with Group policies.
Attributes
- Good business and commercial market awareness, specifically of Financial Risks business.
- Strong networking & managing both new and existing client relationships.
- Implementing and delivering on a clear underwriting strategy.
- Key skills in undertaking analysis of market and identifying new business opportunities, products and clients.
- Enjoy the challenge of shaping a sustainable Financial Risks reinsurance portfolio for MS Amlin.
Qualifications
- Must have in‑depth knowledge, expertise, relationships and strong experience in the Financial Risks Reinsurance markets.
- Good understanding of relevant risk, regulatory and legal requirements.
- CFA and/or ACII or other relevant qualifications would be an advantage.
Benefits
- A competitive salary and benefits package.
- Great team and supportive colleagues.
- Hybrid working environment.
- Flexible working.
- Strong focus on diversity, inclusion and equal opportunities.
- Programme of wellbeing and mental health support.
- Employer‑supported volunteering (ESV).
- Continuous learning and study support.
- Structured career development.
- Open mind (especially to new ideas and ways of doing things).
Senior Underwriter - Financial Risk (Credit, Political Risk, Surety & Mortgage Treaty Reinsurance) employer: MS Amlin
MS Amlin is an excellent employer, offering a dynamic work environment in the heart of London where innovation meets operational excellence. With a strong focus on employee growth and development, the company provides ample opportunities for professional advancement while promoting a flexible hybrid working model that supports work-life balance. Join a team that values collaboration and resilience, making a meaningful impact in the financial services sector.
We think you need these skills to ace Senior Underwriter - Financial Risk (Credit, Political Risk, Surety & Mortgage Treaty Reinsurance)
Financial Risk Analysis
Underwriting Expertise
Client Relationship Management
Market Analysis
Business Development
Regulatory Compliance
Risk Management
