Senior Underwriter - Credit & Political Risk

London Permanent - Full Time

Hybrid

HDI is a Corporate & Specialty Insurer part of the Talanx Group. With over 120 years of experience, HDI operates across five continents, around 40 countries and employs over 5,000 people worldwide.

The Credit & Political Risk team are looking for a knowledgeable market participant with experience in structured and project finance looking for a strategic and senior underwriting role within a collegiate and dynamic global team.

Develop a profitable book of business in-line with HDI's underwriting through:

• Underwriting the Credit and Political Risk Insurance account - in accordance with the underwriting guidelines, pricing tools and business plan, and;
• Externally promote HDI to brokers and clients, creating a network of supporting brokers clients providing opportunities within appetite and also respond and develop new opportunities as they are presented, and;
• Contributing to the strategic direction of the accounts - working with the local CPRI leadership team including the Head of CPRI Global Hub.

Technical Expertise

• Product and Wording expertise; a team-wide resource for frequent bespoke wording/clause amendments and additions, referral point of contact for underwriters to agree and review policy documentation including referral to Legal & Compliance
• Review & develop new market products, both in-house and from the market (liaising with Operations, Legal, Compliance and Home Office)

Client/Broker Relations

• Establish and develop key client relationships; primarily Banks and Public Agencies, and some select other clients, as well as key broking partners

Developmental Objectives

• Represent CPRI/HDI in internal/external exchanges, work streams and meetings.
• Work with local leadership team including the Head of CPRI to develop knowledge and make a leading contribution to specific tasks including marketing, portfolio development, current and new client evaluation and product innovation
• Represent HDI and develop HDIs profile within ITFA and other external trade, market and lobbying bodies, including the IUA
• Identify new business opportunities and growth areas for the class - supported by analytics as appropriate

Reporting

• Design, deliver, develop and analyse reports, identify and recommend solutions to reporting issues in line with team/group/branch requirements
• Monitoring of Aggregates

Risk and Controls

• Identify and calculate risk trends and suggest modifications to the underwriting criteria and determine premium levels as appropriate
• Design, implement and maintain process controls to ensure the quality of the output for your area/team within the function. Ensure documentation of the processes and output is accurate, up-to-date and accessible

Project Management

• End to end project management for functional projects and contribute to any Team and /or Branch wide projects

Assisting with the development of others

• Provide technical CPRI underwriting expertise / guidance to less experienced underwriting staff on the coverage, risk selection, market, and best practice
• Nurture a culture of strong collaboration with HDI Group colleagues around the world

• Strong first hand, in-depth working knowledge of Political and Credit Risk markets.
• Demonstrable knowledge of CPRI business and coverage design.
• Strong established business relationships with London and global market brokers and clients.
• Bachelor's Degree or equivalent working experience and related qualification such as ACII/FCII/CFA

As an equal opportunities employer, we are committed to creating an inclusive environment for all employees, recognising that a diverse and inclusive workplace is a creative and prosperous one.

If you require support with your application, please contact UK&