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- Tasks: Join our team to analyse risks and manage client portfolios in credit insurance.
- Company: Nexus Trade Credit is a leading trade credit insurer with a global presence.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and development.
- Why this job: Be part of a reputable company making an impact in the credit insurance industry.
- Qualifications: 2+ years in risk underwriting or credit analysis; degree in business or finance preferred.
- Other info: Work from either London or Manchester and engage with international clients.
The predicted salary is between 36000 - 60000 £ per year.
Are you passionate about Credit Insurance? Are you seeking a progressive Risk Underwriter role in a growing and reputable MGA? Nexus Trade Credit are currently recruiting for a dynamic Risk Underwriter to join our busy underwriting team in either the London or Manchester office. The successful candidate will form an integral part of the team, analysing domestic and export risk and supporting our renewal and new business portfolio. This includes assessing and agreeing credit limits within authority levels and monitoring exposures in all sectors both domestically and globally.
Nexus Trade Credit is a specialist trade credit insurer within Nexus Group with offices in five countries (UK, USA, Germany, France and the Netherlands). The UK team offers credit limits on a Whole Turnover, Key Buyer and Top Up basis.
Responsibilities:- Managing a portfolio of clients, understanding both the nature of their trade and that of their customers to enable accurate limit underwriting of the risk;
- Conducting detailed financial analysis and formulating credit decisions and risk strategies on buyers, industries and countries;
- Managing credit limit requests, taking into account the full scope of the policy and risks relating to buyers, countries and industries;
- Attend meetings with policyholders, brokers and buyers;
- Proactive monitoring of credit limits and risk strategies;
- Monitoring industry, economic and political trends;
- Liaising internally and externally about risks and policies, this includes Underwriters, Brokers, clients, risks and information providers on an international level;
- You will have 2+ years practical hands-on experience in an analytical / credit risk/ risk underwriting role, prior credit insurance or reinsurance experience is an advantage
- A broad knowledge of and interest in domestic and global economic trends
- Proficient working knowledge of MS Office software
- Degree standard of education preferred; ideally in a business, economics or financial discipline
Risk Underwriter employer: Nexus Trade Credit
Contact Detail:
Nexus Trade Credit Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Underwriter
✨Tip Number 1
Familiarise yourself with the latest trends in credit insurance and risk underwriting. This will not only help you understand the industry better but also allow you to engage in meaningful conversations during interviews, showcasing your passion and knowledge.
✨Tip Number 2
Network with professionals in the credit insurance field. Attend industry events or join relevant online forums to connect with current Risk Underwriters. This can provide you with insights into the role and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of your analytical skills and decision-making processes. Think of scenarios where you've successfully assessed risks or made credit decisions, as these will be crucial in demonstrating your fit for the role.
✨Tip Number 4
Research Nexus Trade Credit specifically. Understand their products, market position, and recent developments. Tailoring your conversation to reflect this knowledge can set you apart from other candidates and show your genuine interest in joining their team.
We think you need these skills to ace Risk Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in credit risk and underwriting. Emphasise any analytical skills and knowledge of economic trends that align with the responsibilities of a Risk Underwriter.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for credit insurance and your understanding of the role. Mention specific experiences that demonstrate your ability to manage client portfolios and conduct financial analysis.
Highlight Relevant Experience: In your application, clearly outline your 2+ years of experience in an analytical or credit risk role. If you have prior credit insurance or reinsurance experience, make sure to detail this as it is considered an advantage.
Showcase Your Analytical Skills: Provide examples of how you've conducted detailed financial analyses and made credit decisions in previous roles. This will help demonstrate your capability to formulate risk strategies effectively.
How to prepare for a job interview at Nexus Trade Credit
✨Show Your Passion for Credit Insurance
Make sure to express your enthusiasm for credit insurance during the interview. Discuss any relevant experiences or projects that highlight your interest in the field, as this will demonstrate your commitment to the role.
✨Prepare for Financial Analysis Questions
Since the role involves conducting detailed financial analysis, be ready to discuss your analytical skills. Brush up on key financial concepts and be prepared to explain how you've applied these in previous roles.
✨Understand Global Economic Trends
Familiarise yourself with current global economic trends and how they impact credit risk. Being able to discuss these trends will show that you are proactive and knowledgeable about the industry.
✨Demonstrate Strong Communication Skills
As the role requires liaising with various stakeholders, practice articulating your thoughts clearly. Prepare examples of how you've effectively communicated complex information in past roles, especially in meetings with clients or brokers.
