At a Glance
- Tasks: Support credit mitigation through tailored insurance policies and manage overall credit exposure.
- Company: Leading energy and metals trader with a focus on commercial growth.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional development.
- Other info: Opportunity to work in London or Switzerland with strong career growth potential.
- Why this job: Join a global team and make an impact in the fast-paced trading industry.
- Qualifications: Over 5 years in insurance broking or underwriting, preferably in energy or metals.
The predicted salary is between 63000 - 77000 £ per year.
In line with consistent commercial growth, our client, a leading energy and metals trader, is looking to hire a Credit Insurance Manager. The successful candidate will support credit mitigation through the deployment of credit insurance policies. The nature of the credit insurance policies will be for single name, whole turnover and all insurance products relevant to the business. The scope of the role will cover the breadth of the credit portfolio and the use of credit insurance to support the management of the overall credit exposure for each counterparty. It will work alongside the global credit team to identify and execute credit insurance policies on a fit for purpose basis.
Alongside the credit team, the individual will structure, negotiate, and execute tailored insurance solutions aligned with transaction risk profiles, capital efficiency objectives, and risk appetite constraints. The role’s responsibilities will include partnering with traders, the credit team, the broader finance organisation and maintaining strong relationships externally within the insurance industry. The role will require strong communication and interpersonal skills to be able to operate in a dynamic trading environment. The opportunity can be based in either London or Switzerland. Trading teams are mainly based in Switzerland.
Responsibilities- Structure insurance solutions for short term & long-term deals including being creative around structures such as portfolios, top-ups, layering and syndication.
- Define and execute the overall credit insurance strategy.
- Lead presentation of deals to the insurance market.
- Coordinate responses between insurance brokers, underwriters and internal stakeholders (traders, deal team, Credit, finance).
- Able to develop capacity for challenging transactions or jurisdictions.
- Develop insurance knowledge within the credit team and wider organisation.
- Responsible for all insurance documentation, reporting and compliance with the obligations of the policies.
- Lead on any claims process including notification, documentation, coordination with legal, and recovery management.
- Familiarity with metals and energy markets is preferable.
- Over 5 years’ experience in insurance broking or underwriting, preferably covering energy, metals, or structured trade finance exposures.
- Ability to build and maintain effective senior relationships with our internal and external counterparties including underwriters, brokers, financing banks.
- Deep relationships across the credit insurance market globally.
- Strong technical understanding of single risk, whole turnover, portfolio, and structured credit insurance products, including policy wording and claims mechanics.
- Ability to interpret and negotiate policy terms, exclusions, and conditions to ensure enforceability and claims defensibility.
- Credit insurance structuring and policy negotiation.
- Claims management and recovery processes.
Insurance Manager, Global Commodity Trader in Slough employer: Roly Recruitment
Roly Recruitment is an excellent employer, offering a vibrant work culture in the heart of London that fosters innovation and collaboration. Employees benefit from comprehensive professional development opportunities, competitive compensation, and a supportive team environment that values each individual's contributions to the trading and logistics of refined metals. Join us to be part of a forward-thinking company that prioritises your growth and success in a dynamic industry.
StudySmarter Expert Advice🤫
We think this is how you could land Insurance Manager, Global Commodity Trader in Slough
✨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.
✨Use LinkedIn to Your Advantage
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 Roly Recruitment). 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 Roly Recruitment. 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 Insurance Manager, Global Commodity Trader in Slough
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 Roly Recruitment.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Roly Recruitment. 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 Roly Recruitment
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Roly Recruitment 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 Roly Recruitment, 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 Roly Recruitment'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.
