Underwriter/Sr. Underwriter, Trade Credit & Political Risk

Markel•New York, NY

1d•$87,000 - $181,400•Hybrid

About The Position

Underwrite the relevant line of business within agreed business plan parameters and underwriting authority to achieve agreed combined ratio targets. The role includes developing broker and customer relationships through marketing initiatives and domestic travel, contributing to new product development, and applying in-depth line-of-business knowledge with limited supervision. The position may involve day-to-day supervision of trainee or assistant underwriters. The underwriter is expected to follow agreed underwriting standards and procedures and ensure data input and system interactions comply with team procedures.

Requirements

At least 5 years of underwriting experience in trade credit or relevant experience.
Bachelor’s degree or equivalent experience.
Solid background in risk underwriting and strong financial analysis experience across a wide variety of countries and trade sectors.
Experience with commercial underwriting, including large multi-buyer programs, single-risk transactions, and other Trade Credit & Political Risk placements.
Experience with financial scoring tools and models.
Experience assessing trade and export finance risk.
Corporate financial risk analysis experience.
Familiarity with key aspects of insolvency legislation in major trading economies.
Country risk knowledge.
Experience with AI tools.

Nice To Haves

Policy wording preparation and contract analysis skills.
Experience structuring policies for domestic and export business.
Strong relationships with the broking community.
Good understanding of the trade credit industry.
Experience in syndicated and co-insurance placements.
Experience conducting credit management audits.
Strong sales, presentation, and marketing skills.
Track record of producing profitable business.
Proven solid underwriting track record within the trade credit industry.

Responsibilities

Underwrite the relevant line of business within agreed business plan parameters and underwriting authority to achieve agreed combined ratio targets.
Attend and participate in marketing initiatives and develop broker and customer relationships, including through domestic travel.
Participate in developing new products.
Resolve problems independently and, as appropriate, provide day-to-day supervision to trainee or assistant underwriters.
Work within agreed underwriting standards and procedures.
Ensure data input and system interactions comply with agreed team procedures.