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Risk Underwriter- Trade Credit

Swiss Re London, United Kingdom
Posted 9 hours ago Permanent Competitive

Risk Underwriter- Trade Credit

Swiss Re London, United Kingdom
Risk Underwriter- Trade Credit
We're offering an exciting opportunity to join our UK Risk Underwriting team within the Trade Credit Insurance sector.

You'll assess and manage credit risk across a diverse portfolio ranging from domestic SMEs to global blue-chip corporates, spanning sectors including Construction, Fuel, Metals, Retail, Advertising, Food & Drink, Technology, Timber and Financial Services.

We empower our underwriters to own their decisions and make a tangible impact, supported by a highly experienced and collaborative team. This role offers significant exposure to complex credit risks, opportunities to develop sector expertise, and the autonomy to influence underwriting outcomes.

We're keen to hear from experienced trade credit professionals, ideally with credit insurance knowledge from underwriting, broking, or financial services backgrounds.

About the Role

  • Manage a portfolio of risks, delivering exceptional service and robust credit risk analysis.
  • Assess and respond to credit limit requests, providing clear and comprehensive analysis of key risks and underwriting rationale.
  • Analyse financial statements, management accounts, cash flow trends, liquidity positions and leverage metrics to assess the creditworthiness of corporate entities.
  • Build and maintain strong relationships with internal and external stakeholders to support business objectives.
  • Demonstrate strong commercial judgement by balancing risk appetite with profitable growth and customer retention objectives.
  • Conduct buyer meetings, review performance and provide insight into emerging risks and opportunities.
  • Present and communicate complex credit assessments clearly and confidently to both technical and non-technical audiences.
  • Collaborate closely with Commercial, New Business, Claims and Broker Distribution teams to deliver aligned business outcomes.
  • Apply reinsurance strategies and maintain underwriting discipline in accordance with company guidelines.
  • Utilise a range of financial, economic and market intelligence sources to support informed underwriting decisions.
  • Maintain accurate records within underwriting systems and contribute to peer reviews, knowledge sharing and best practice initiatives.
  • Represent the business in broker meetings, buyer discussions and industry events where appropriate.

About You

We're looking for an individual who combines strong analytical capability with commercial awareness and relationship-building skills.

You will ideally have:
  • Proven knowledge of the Credit Insurance market, preferably gained within underwriting, broking or a related financial services discipline.
  • Alternatively, strong and demonstrable experience assessing corporate credit or default risk gained through banking, credit analysis, lending, restructuring or financial risk roles.
  • Strong financial analysis skills, including interpretation of company accounts, cash flow, liquidity, leverage and profitability metrics.
  • A solid understanding of UK and global economic trends and their impact on corporate credit risk.
  • Knowledge of portfolio management principles, including concentration risk, sector exposure and market cycle considerations.
  • Excellent interpersonal and stakeholder management skills, with the ability to build credibility across all levels of an organisation.
  • Confidence to challenge stakeholders constructively and defend underwriting decisions using clear, evidence-based rationale.
  • Strong reasoning, problem-solving and critical-thinking abilities, with the confidence to form independent views.
  • Experience using financial and credit information providers would be advantageous.
  • A proactive, curious and accountable approach, with a willingness to take ownership of decisions and continually develop expertise.

Compensation & Work Model

For London, the base salary range for this position is between £63,000 and £95,000 for a full-time role.

The specific salary offered considers:

  • The requirements, scope, complexity and responsibilities of the role.

  • The applicant's own profile including education/qualifications, expertise, specialisation, skills, experience and location.

In addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component, designed to recognise your achievements.

Furthermore, you will enjoy a variety of global and location specific benefits. Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.

Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.

About Swiss Re Corporate Solutions

Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.

Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.

#corso

Keywords:
Reference Code: 139393
Job ID  139393
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