Underwriter – Political Risk & Specialty Credit

Overview

In this role you will underwrite political risk and specialty credit, assess submissions, structure transactions, and manage a diversified portfolio. You will collaborate with brokers, clients, and internal partners to support disciplined underwriting and portfolio development. You will analyse geopolitical and macro factors, maintain clear documentation, and ensure compliance. You will work cross-functionally to execute policy terms and contribute to renewal strategy and reporting. This is a global, impact-focused opportunity to shape risk choices across international deals.

Responsibilities

• Underwrite political risk and specialty credit per authority and portfolio objectives
• Review submissions, perform financial and country risk analysis, evaluate transaction structures and policy requirements
• Prepare underwriting recommendations, pricing rationale, and documentation to support risk decisions
• Build and maintain broker/client relationships, including meetings and renewals
• Negotiate terms while ensuring compliance with guidelines and regulatory requirements
• Manage a portfolio of new and renewal business, monitor exposure and concentrations
• Collaborate with claims, legal, operations, finance and actuarial for policy execution
• Contribute to internal reporting, renewal strategy, pipeline management, and portfolio reviews
• Monitor geopolitical, macroeconomic, and market developments relevant to underwriting

Key requirements

• Proven experience in political risk, trade credit, structured credit, surety, financial lines, or related underwriting
• Strong analytical capability to review financials and assess risk
• Understanding of policy structure and wording applications
• Commercial judgement balancing client needs with underwriting discipline
• Clear written and verbal communication for presenting recommendations
• Strong organisational skills and ability to manage multiple priorities
• Attention to detail and disciplined documentation and governance

• Communication claire et concise
• Organisation et gestion des priorités
• Garde du détail et rigueur
• Political risk, trade credit, structured credit, surety, financial lines
• Policy structure and wording
• Financial analysis and risk assessment

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