Risk Underwriter- Trade Credit

Overview

In this role you will assess and manage a diverse credit risk portfolio for a leading trade credit insurer, focusing on both SMEs and large corporates across multiple sectors. You will balance risk and profitable growth, collaborate with cross-functional teams, and influence underwriting decisions in a fast-paced environment. You’ll deepen sector expertise and engage with brokers and buyers to articulate clear risk views. This opportunity combines rigorous analysis with stakeholder engagement in a supportive, inclusive culture that values sustainable practices.

Pay / Benefits

• base salary 63,000–95,000 (London)
• performance-based variable compensation
• global and location-specific benefits
• hybrid work model (in-office at least 3 days/week)
• inclusive culture
• professional development opportunities

Responsibilities

• Manage a portfolio of risks with robust credit risk analysis and high service levels
• Assess and respond to credit limit requests with clear underwriting rationale
• Analyse financial statements, cash flow trends, liquidity and leverage to gauge creditworthiness
• Build strong relationships with internal and external stakeholders to support objectives
• Apply commercial judgement balancing risk appetite with growth and retention
• Conduct buyer meetings and provide insights on emerging risks and opportunities
• Present complex credit assessments clearly to technical and non-technical audiences
• Collaborate with Commercial, New Business, Claims and Broker Distribution to align outcomes
• Apply and maintain reinsurance strategies and underwriting discipline per guidelines
• Utilise financial, economic and market intelligence sources for informed decisions
• Maintain accurate underwriting records and contribute to peer reviews and best practice
• Represent the business in broker meetings, buyer discussions and industry events

Key requirements

• Proven knowledge of the Credit Insurance market or related financial services roles (underwriting, broking)
• Alternatively, strong experience assessing corporate credit or default risk in banking, lending, restructuring or financial risk
• Strong financial analysis skills with interpretation of accounts, cash flow, liquidity, leverage and profitability
• Solid understanding of UK and global economic trends and their impact on credit risk
• Knowledge of portfolio management principles including concentration risk and sector exposure
• Excellent interpersonal and stakeholder management abilities
• Confidence to challenge stakeholders with evidence-based underwriting decisions
• Strong reasoning, problem-solving and critical-thinking capabilities
• Experience using financial/credit information providers (advantageous)
• Proactive, curious, and accountable with a willingness to own decisions and develop expertise

• Interpersonal skills
• Stakeholder management
• Commercial judgment
• Financial statement analysis
• Cash flow analysis
• Credit risk assessment

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