At a Glance
- Tasks: Manage a diverse credit risk portfolio and influence underwriting decisions.
- Company: Leading trade credit insurer with a supportive and inclusive culture.
- Benefits: Competitive salary, performance-based bonuses, hybrid work model, and professional development.
- Other info: Opportunity to deepen sector expertise and build strong relationships.
- Why this job: Combine rigorous analysis with stakeholder engagement in a fast-paced environment.
- Qualifications: Knowledge of credit insurance or strong experience in corporate credit assessment.
The predicted salary is between 63000 - 95000 £ per year.
Overview
In this role you will assess and manage a diverse credit risk portfolio for a leading trade credit insurer, focusing on both SMEs and large corporates across multiple sectors.
You will balance risk and profitable growth, collaborate with cross-functional teams, and influence underwriting decisions in a fast-paced environment.
You’ll deepen sector expertise and engage with brokers and buyers to articulate clear risk views.
This opportunity combines rigorous analysis with stakeholder engagement in a supportive, inclusive culture that values sustainable practices.
- Pay / Benefits
- performance-based variable compensation
- global and location-specific benefits
- hybrid work model (in-office at least 3 days/week)
- inclusive culture
- professional development opportunities
Responsibilities
- Manage a portfolio of risks with robust credit risk analysis and high service levels
- Assess and respond to credit limit requests with clear underwriting rationale
- Analyse financial statements, cash flow trends, liquidity and leverage to gauge creditworthiness
- Build strong relationships with internal and external stakeholders to support objectives
- Apply commercial judgement balancing risk appetite with growth and retention
- Conduct buyer meetings and provide insights on emerging risks and opportunities
- Present complex credit assessments clearly to technical and non-technical audiences
- Collaborate with Commercial, New Business, Claims and Broker Distribution to align outcomes
- Apply and maintain reinsurance strategies and underwriting discipline per guidelines
- Utilise financial, economic and market intelligence sources for informed decisions
- Maintain accurate underwriting records and contribute to peer reviews and best practice
- Represent the business in broker meetings, buyer discussions and industry events
- Key requirements
- Proven knowledge of the Credit Insurance market or related financial services roles (underwriting, broking)
- Alternatively, strong experience assessing corporate credit or default risk in banking, lending, restructuring or financial risk
- Strong financial analysis skills with interpretation of accounts, cash flow, liquidity, leverage and profitability
- Solid understanding of UK and global economic trends and their impact on credit risk
- Knowledge of portfolio management principles including concentration risk and sector exposure
- Excellent interpersonal and stakeholder management abilities
- Confidence to challenge stakeholders with evidence-based underwriting decisions
- Strong reasoning, problem-solving and critical-thinking capabilities
- Experience using financial/credit information providers (advantageous)
- Proactive, curious, and accountable with a willingness to own decisions and develop expertise
- Interpersonal skills
- Stakeholder management
- Commercial judgment
- Financial statement analysis
- Cash flow analysis
- Credit risk assessment
Risk Underwriter- Trade Credit in London employer: Swiss Re
Swiss Re is an exceptional employer, offering a dynamic and inclusive work culture that champions innovation and collaboration. As a Behavioural Science and Human-AI Consultant, you will have the opportunity to work at the forefront of AI transformation, partnering with multidisciplinary experts to drive meaningful change while enjoying flexible working arrangements and a competitive benefits package. With a strong focus on employee growth and development, Swiss Re empowers you to make a significant impact in the reinsurance industry from their vibrant London office.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Underwriter- Trade Credit in London
✨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 Swiss Re). 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 Swiss Re. 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 Risk Underwriter- Trade Credit in London
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 Swiss Re.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Swiss Re. 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 Swiss Re
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Swiss Re 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 Swiss Re, 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 Swiss Re'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.
