At a Glance
- Tasks: Underwrite credit and political risk insurance while building strong relationships with brokers and clients.
- Company: Dynamic insurance company focused on making a difference in the industry.
- Benefits: Competitive salary, professional development, and opportunities for travel.
- Other info: Exciting career growth opportunities in a collaborative environment.
- Why this job: Join a team shaping the future of insurance and make a real impact.
- Qualifications: Relevant underwriting experience and strong relationship-building skills.
The predicted salary is between 58540 - 71548 £ per year.
INTL Underwriter I - UW08YY
We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies.
Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too.
Join our team as we help shape the future.
The position is for a CPRI Underwriter within the CPRI London Market operation.
The role will have both personal and collective responsibility for supporting the growth and profitability of the CPRI portfolio.
The position involves the underwriting of business in line with CPRI appetites as well as developing and maintaining relationships with London & International Brokers and clients.
- Job Responsibilities & Competence
- Underwrite new and renewal accounts to meet planned underwriting results, through proactive account review, analysis of underwriting trends and improvement plans to maintain profitability.
- Negotiate account participation, pricing and terms and conditions with brokers.
- Underwrite in line with CPRI Global framework - e. g. Underwriting Authorities, Underwriting Guidelines, Rules and Principles.
- Support development and execution of the CPRI global underwriting and marketing strategies.
- Work closely with the Head of Political Risk, International and Global Head of CPRI, to drive development opportunities and achieve a balanced portfolio
- Contribute to the identification and development of new products and new geographic territories for expansion of the CPRI book.
- Proactively support acquisition of new business and retention of existing business through both market and one-on-one meetings with our Insureds / potential Insureds.
- Develop and maintain strong relationships with key Brokers & Insured's. This is to include both UK and overseas travel on behalf of CPRI global team.
- Supporting coaching, training and developing of Underwriting Assistants and Assistant Underwriters to continually improve their technical and trading capability and development of a market leading team
Qualifications & Capabilities
- Reasonable standard of education
- Willingness to continue to develop knowledge of CPRI and related issues through form and informal learning
- Ability to prioritise and organise workload and meeting deadlines and that of the team
- Ability to develop and sustain relationships with internal and external customers
Experience
- Relevant underwriting experience within the International CPRI marketplace as a CPRI underwriter at a multi-line property and casualty insurer or Export Credit Agency or similar experience in the trade and export finance field.
- Understanding of CPRI insurance market with knowledge of trade finance structures and political risk insurance.
- Knowledge and experience working on emerging and frontier market economic, political and credit issues.
- Strong process management discipline.
Establishes priorities, anticipates problems, determines completion dates, knows and communicates the status of assignments; manages time effectively; uses the services of others effectively.
- Team player with a strong collaborative orientation; ability to build strong relationships across an organization.
- Technical underwriting expertise with regards to wording, regulatory environment and financial analysis
This role will be based in London, UK and you are required to have the necessary right to work details prior to application.
About Us | Our Culture | What It's Like to Work Here
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Underwriter - Credit and Political Risks in London employer: thehartford
The Hartford is an exceptional employer, offering a dynamic work culture that prioritises collaboration and innovation. As a Sales Leader in the Small Business unit, you will benefit from extensive professional development opportunities and a supportive environment that encourages growth and success. Located in a vibrant area, the company provides unique advantages such as flexible working arrangements and a commitment to community engagement, making it a rewarding place to advance your career.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter - Credit and Political Risks 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 thehartford). 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 thehartford. 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 Underwriter - Credit and Political Risks 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 thehartford.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at thehartford. 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 thehartford
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at thehartford 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 thehartford, 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 thehartford'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.
