Credit, Political Risk & Surety Program Manager

Key Responsibilities

• Manage the relationship with the Credit, Political Risk & Surety MGA(s)
• Review and approve or decline referred risks based on structure, risk quality, aggregate exposure and portfolio strategy
• Ensure adherence to underwriting guidelines, authority levels and program documentation
• Monitor portfolio exposures, concentrations, premium development, profitability and losses across UK and US portfolios
• Support the growth and maintenance of a diversified and disciplined Credit, Political Risk & Surety portfolio
• Coverage of internal stakeholders including underwriting, claims, actuarial, compliance and reinsurance
• Coordinate reporting quality including bordereaux, exposure management and documentation standards
• Support reinsurer discussions through clear articulation of portfolio performance, underwriting controls and market strategy
• Identify emerging risks and ensure appropriate escalation and remediation actions
• Provide senior management with clear updates on portfolio performance, underwriting trends and risk profile
• Contribute to underwriting governance, portfolio optimization and strategic growth initiatives within the Credit, Political Risk & Surety business
• Evaluate surety exposures, including commercial and contract surety risks, and monitor portfolio performance against established underwriting and risk management objectives

Qualifications

• 10+ years of experience in credit, political risk, surety, structured credit, or related financial risk underwriting
• Strong structured credit experience, including analysis of complex financing structures and non-payment risk
• Experience managing or underwriting Credit, Political Risk and/or Surety business across UK and US markets
• Demonstrated ability to grow and maintain profitable portfolios while maintaining underwriting discipline
• Experience working within delegated authority, MGA or program business structures
• Strong portfolio management and aggregate exposure management capabilities
• Knowledge of commercial and contract surety underwriting principles, obligor analysis, and surety portfolio management is preferred
• Commercial judgment with the ability to balance growth objectives and risk discipline
• Strong communication and stakeholder management skills across underwriting, reinsurance and senior leadership teams
• Familiarity with Lloyd's, company market or international specialty insurance environments preferred