Senior Underwriter, Sovereign Credit & Political Risk Insurance, Credit & Surety (London, GB)

Senior Underwriter, Credit & Surety - Global Risk Management Opportunity

This is an exciting opportunity for an experienced risk professional to join a dynamic team at the forefront of global risk management. If you possess a strong background in sovereign, sub-sovereign credit, and political risk, and are eager to make a tangible impact on international trade and investment in emerging markets, this role is designed for you. It offers a compelling combination of deep analytical challenges and rewarding relationship building within a collaborative and growth-oriented environment.

About the Role

As a Senior Underwriter, you will be a pivotal member of our expanding Credit & Surety division. Your core function will be to leverage your expertise to analyze and underwrite complex cross-border transactions. Beyond day-to-day underwriting, you will also contribute significantly to shaping the strategic direction of our operations in key global markets, making this a role with both immediate impact and long-term influence.

Key Responsibilities & Candidate Advantages

• Strategic Relationship Management: You will build and cultivate strong relationships with global financial institutions, corporate clients, and brokers. This presents a significant advantage for ambitious professionals looking to expand their network and become a trusted advisor in risk solutions.
• In-Depth Risk Analysis: The role demands a thorough assessment of political, sovereign, sub-sovereign credit, macro-economic, and ESG-related risks for new business opportunities. This offers a prime opportunity to hone and deepen your analytical capabilities in complex and evolving global landscapes.
• Strategic Influence: You'll play an active role in shaping team strategy and risk appetite through insightful risk evaluations and recommendations. This is an excellent platform for individuals looking to move beyond execution and contribute to strategic decision-making.
• Transaction Approvals: Prepare and present compelling transaction approval submissions to senior decision-makers. This develops your persuasive communication and presentation skills, crucial for career advancement.
• Proactive Risk Management: Contribute to ongoing risk management, including transaction monitoring, amendments, restructurings, and portfolio projects. This ensures continuous learning and a comprehensive understanding of the risk lifecycle.
• Cross-Functional Collaboration: Work seamlessly with operations, credit risk management, legal & compliance, claims, and ESG specialists. This fosters a broad understanding of business operations and enhances your collaborative skillset.
• Market Representation: Represent the company at industry conferences, enhancing your personal brand and the organization's market presence. This is an invaluable opportunity for professional visibility and networking.

About the Team

You will be joining a highly collaborative team of underwriting professionals specializing in providing sovereign, sub-sovereign credit, and political risk insurance solutions. This team is instrumental in facilitating trade and investment in cross-border transactions and projects, with a particular focus on developing and emerging markets. As part of the Credit and Surety division, you will be contributing to a key area of strategic growth for the company.

What We're Looking For in You

We are seeking an analytical thinker with a keen interest in geopolitical and economic trends. The ideal candidate can expertly navigate complex risk scenarios while simultaneously building and maintaining robust client relationships. Your ability to articulate complex concepts clearly and thrive in a multicultural, collaborative environment will establish you as a respected risk advisor.

We are particularly interested in candidates who bring:

• Experience: A minimum of five years of experience in underwriting or broking credit and political risks, with a proven track record in client-facing roles.
• Analytical Prowess: Strong analytical skills coupled with the ability to make sound, independent judgments on intricate geopolitical and economic issues.
• Relationship Management: Demonstrated success in managing and nurturing relationships with clients and brokers.
• Financial Acumen: Proficiency in credit and financial statement analysis, complemented by strong presentation skills.

Additionally, experience in the following areas will be highly valued:

• Drafting and assessing contractual documentation, especially insurance contracts.
• ESG risk assessment.
• Working within multicultural and cross-functional teams.

Career Growth & Benefits

This role offers significant advantages for career progression within the global risk management sector. You'll gain exposure to high-profile international transactions, work alongside seasoned professionals, and have opportunities to influence strategic decisions. The company offers a hybrid work model, expecting three days in the office per week, promoting a balance between collaboration and flexibility. For the London-based role, a competitive annual base salary range of GBP 106,000 to GBP 158,000 is offered, alongside an attractive performance-based variable compensation component and a comprehensive range of global and location-specific benefits.

Swiss Re is committed to fostering an inclusive culture that encourages diverse perspectives and innovative thinking. We offer equal opportunities for professional growth and development, ensuring everyone can bring their authentic selves to work.