Senior Underwriter: Financial Risk Solutions

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Country: United Kingdom of Great Britain and Northern Ireland Creation Date: 12-Jan-2026 Employment Type: Permanent Employment Type: Full time Ref #: 1234571992 Description & Requirements Department: Financial Risk Solutions Team: Financial Risk Solutions Location: London Type: Permanent About the Role: FRS are looking for a highly motivated candidate to join our market-leading non-payment franchise. The successful candidate will work across the breadth of our Credit Solutions pillar which encompasses non-payment risks beyond 18 months for banks and public agencies. We offer a wide product set including corporate finance, bank-to-bank lending, derivatives, fund finance, commodity finance, sovereign lending, project finance and asset-backed finance. We are looking for a new senior team member to help grow these products and/or explore new avenues for growth such as the intersection or credit insurance and private credit, new blended finance partnerships etc. Alongside underwriting, the role will involve strengthening client and broker relationships through regular engagement in meetings and conferences and data-led insights. We recruit from a wide range of backgrounds and offer a dynamic, challenging and innovative underwriting environment as part of an industry-leading team. About the Department & Team: Financial Risk Solutions (FRS) underwrite credit and political risks on Company insurance paper and through Lloyd’s of London. These risks relate to non-payment and non-performance of private and public sector counterparties, and political perils such as expropriation or confiscation of assets by foreign governments, export embargo, forced abandonment, war etc. Cover is offered in both a single-risk and portfolio structure. FRS clients are banks, corporates, trading companies, export credit agencies and multilaterals. FRS is a global business; we have regional underwriting hubs in the US, London, Paris and Singapore supported by three global product pillars - Short Term Trade Solutions, Credit Solutions and Political Risk Solutions. Key Responsibilities:
Rigorously underwrite a wide range of complex non-payment insurance risks in accordance with the business plan and personal authority, including negotiating rates, terms and conditions for existing and new business Take responsibility for specific Client and Broker Engagement Strategies. Establish and strengthen relationships with clients, brokers, industry bodies and internal colleagues to support continued business development. Demonstrate understanding and awareness of market dynamics, market cycles and trends in wordings to drive and enhance business performance. Participate in the review and analysis of the portfolio to identify areas of risk concern and new business opportunities together with Country, Credit & Portfolio Risk Management. Contribute to and participate in team meetings in order to share and develop knowledge, risk awareness and best practice. Help to develop more junior members of the FRS team via formal and informal training sessions. Motivate the London team by demonstrating good leadership behaviours and strong work ethic. Act as a referral point for junior members of the team on risk enquiries Maintain expertise and knowledge through appropriate development opportunities. Interact with other functions in our Integrated Business Unit, e.g. the Actuarial Pricing team to enhance risk and pricing models and the Reserving and Claims teams as appropriate Ensure entries are properly recorded in relevant systems in a timely manner whilst ensuring accuracy of data in relation to both underwriting and aggregate exposures. Apply reinsurance requirements in accordance with business plan and reinsurance treaty. Adhere to all applicable internal and external laws, regulations, policies, procedures, guidance and best practice methodology in order to minimise risk. Adhere to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to LSM's commitment to our Liberty Values, placing customers at the centre of our business and behaving with integrity.LSM expects you to understand your responsibilities relating to all regulatory and internal requirements, and to proactively demonstrate compliance with these requirements and behaviours at all times. These requirements include the Senior Managers and Certification Regime Conduct Rules, Solvency II, fair treatment of customers, Financial Crime, Data Protection, Conflicts of Interest, and Whistleblowing
Skills and Experience:
Experience working in the Financial Services sector, preferably in a leading credit risk underwriting or broking franchise, front office/credit/loan syndication function at a commercial or investment bank, or in a Public Agency engaged in credit risk insurance or direct lending function. Demonstrable expertise in the assessment and pricing of credit risk with proven abilities in credit analysis. Understanding the drivers of Financial Institutions’ use of risk mitigation products, their internal credit application and review processes and regulatory framework. Use of risk profiling and pricing tools and loss models. Excellent numeracy, literacy, interpersonal, communication and negotiation skills. Highly organized with excellent attention to detail. Ability to analyse and use data for decision making. Proven ability to make risk-based decisions under time constraints. Economic, political, current affairs interest and knowledge. Knowledge of legal and regulatory requirements.
About Liberty Specialty Markets (LSM) Liberty Specialty Markets is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets. Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation. We bring this to life for our colleagues through:
Offering a vibrant and inclusive environment and committing to their career development. Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee-led networks strengthen the diversity of our workforce and our inclusive environment. Reinforcing that collaborating together to share our unique perspectives help us make better decisions, deliver innovative solutions and pursue our ambitious goals. A supportive culture, which includes promoting a healthy work-life balance and working flexibly.
For more information, please follow the links below: #J-18808-Ljbffr
Location:
Greater London
Job Type:
FullTime

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