Associate Underwriter, Political Risk and Credit, Specialty
About the role
As an Associate Underwriter, you will support the Underwriters in the Americas region in all tasks related to underwriting and administration required to support the Political Risk and Credit (PRC) team. You will work closely with our Underwriters supporting them in their activities associated with the analysis of new transactions and renewals, maintenance of the existing portfolio and management of relevant models, systems and documentation.
Responsibilities
- Build and enhance relationships with assigned brokers and clients to maintain key relationships and identify and establish new distribution channels.
- Collaborate across business units and functions to leverage existing resources to underwrite, manage and service PRC’s submission flow in accordance with the PRC underwriting unit goals.
- Exercise discretion and independent judgment in the analysis and evaluation of transaction risk, to include appropriate documentation.
- Participate in internal triage discussions to assess and prioritize new submissions.
- Negotiate appropriate pricing with producers within the limits of any delegated authority and in accordance with established underwriting standards to achieve profit objectives.
- Build expertise within the PRC community to understand and address the needs of our clients.
- Maintain compliance with all internal and external underwriting guidelines and legal requirements.
Requirements
We're looking for someone who has these abilities and skills:
- Exceptional organizational and time management skills with the ability to understand financial, credit and political risk concepts and assess financial statements and cash flow models.
- Robust analytical skills with the ability to think quickly and innovatively always working in a disciplined manner.
- Outstanding interpersonal, presentation, written and verbal communication skills.
- Able to adapt quickly and easily to new conditions and requirements, externally in the market or internally within a changing Organization.
- Able to perform tasks according to established procedures, with some ability to exercise discretion.
Qualifications
- Bachelor’s degree (or equivalent), preferably with academic exposure to business, finance, international relations and related disciplines.
Skills
- Robust analytical skills.
- Outstanding interpersonal, presentation, written and verbal communication skills.
- Ability to adapt quickly and easily to new conditions and requirements.
- Ability to perform tasks according to established procedures.
Benefits
We offer a competitive retirement savings plan, health and wellness programs, and many other benefits. We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers.
Pay
The U.S. base salary range for this position is $66,600– 105,100 USD. Actual pay will be determined based upon the individual's skills, experience and location. We strive for market alignment and internal equity with our colleagues' pay.
Schedule
Not specified.