At a Glance
- Tasks: Assess financial risks and underwrite surety credit to drive business growth.
- Company: Join a leading insurance company that values diversity and innovation.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional development.
- Other info: Engage in training and build relationships with brokers and clients.
- Why this job: Make impactful decisions while developing your skills in a dynamic environment.
- Qualifications: Degree education and strong analytical, communication, and teamwork skills.
The predicted salary is between 36000 - 60000 £ per year.
Learn and understand Travelers’ financial underwriting requirements pertaining to surety credit risk.
Underwrite and assess risk to maximise business growth and profitability for allocated broker panel or clients. Make appropriate decisions within facility authority in addition to considered, intelligent and complete recommendations to technical underwriting/business leadership.
Make prompt, sound decisions within facility authority and based on appropriate underwriting information. Negotiate terms and conditions consistent with underwriting requirements and service.
Understand and execute Travelers' underwriting strategies and principles to produce budgeted results.
Working with Primary Underwriter on the same broker panel/client to continuously manage the book of business, maintaining quality of business, growth and profit.
Accountable for accurate bond underwriting documentation and information in account management systems and adherence to Travelers' documentation standards.
Actively engage and seek out training opportunities to further develop underwriting expertise.
Develop and leverage broker/client relationships through a high level of visibility and using a disciplined sales management approach (e.g. planning and follow-up for client visits/meetings) in support of business objectives.
Effectively assist in the development, documentation and execution of sales plans with emphasis on increasing marketing and sales activities outside the office.
Actively participate in scheduled underwriting and meetings.
Demonstrate superior customer service standards (consistency, quick response, knowledge of products) to meet Travelers' service standards.
Support maintenance of exposure tracking systems to enable accurate reporting and facility monitoring.
Perform other duties as assigned.
Degree education.
A full, valid driving licence.
Intermediate knowledge and ability required in respect of analytical thinking, judgment, decision making, communication and strong teamwork.
Demonstrates proven ability in enhanced retention strategies.
Demonstrates intermediate ability in the areas of customer focus and positive broker interaction.
Demonstrates intermediate knowledge and ability in respect of Microsoft Office systems including Excel and PowerPoint.
Typically demonstrates intermediate relationship management skills.
Financial Risk Analyst - Surety in Manchester employer: Travelers Canada
Travelers is an exceptional employer that prioritises employee growth and development, offering comprehensive training opportunities to enhance your underwriting expertise. With a strong emphasis on teamwork and superior customer service, you will thrive in a supportive work culture that values diversity and encourages meaningful relationships with brokers and clients. Located in a dynamic environment, you will enjoy the benefits of a collaborative atmosphere while contributing to the company's commitment to maximising business growth and profitability.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Risk Analyst - Surety in Manchester
✨Tip Number 1
Network like a pro! Reach out to professionals in the financial risk sector, especially those who work with surety. Use platforms like LinkedIn to connect and engage with them; you never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by practising common questions related to underwriting and risk assessment. We recommend role-playing with a friend or using online resources to get comfortable discussing your analytical thinking and decision-making skills.
✨Tip Number 3
Showcase your customer service skills! During interviews, share examples of how you've successfully managed client relationships or resolved issues. This will highlight your ability to meet service standards and maintain positive broker interactions.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team at Travelers and are ready to dive into the underwriting world.
We think you need these skills to ace Financial Risk Analyst - Surety in Manchester
Some tips for your application 🫡
Know the Role:Before you start writing, take a good look at the job description. Understand what a Financial Risk Analyst does and how it relates to surety credit risk. This will help us tailor your application to show that you're the perfect fit!
Show Your Skills:Highlight your analytical thinking, decision-making, and communication skills in your application. We want to see how your experience aligns with the requirements, so don’t hold back on showcasing your strengths!
Be Specific:When discussing your past experiences, be specific about your achievements. Use examples that demonstrate your ability to underwrite and assess risk, as well as your customer service skills. This will make your application stand out!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss any important details. Let’s get started on this journey together!
How to prepare for a job interview at Travelers Canada
✨Know Your Numbers
As a Financial Risk Analyst, it's crucial to understand the financial underwriting requirements. Brush up on key metrics and risk assessment techniques relevant to surety credit risk. This will not only show your expertise but also your commitment to maximising business growth.
✨Showcase Your Decision-Making Skills
Prepare examples of past decisions you've made that align with underwriting principles. Be ready to discuss how you assess risk and make sound decisions within authority. This will demonstrate your analytical thinking and judgment skills, which are vital for the role.
✨Build Rapport with Brokers
Since developing broker/client relationships is key, think about how you can showcase your interpersonal skills. Prepare to discuss strategies you've used in the past to maintain quality business and foster strong connections. This will highlight your customer focus and relationship management abilities.
✨Be Ready to Discuss Sales Strategies
The role involves executing sales plans, so come prepared with ideas on increasing marketing and sales activities. Share any experiences where you've successfully implemented sales strategies or improved client engagement. This will show your proactive approach and understanding of the business objectives.
