We are currently looking for an experienced Trade Credit Underwriter to join Markel International’s Trade Credit, Political Risk & Surety team (TCPRS). The role will involve both Risk and Commercial underwriting to develop a portfolio of corporate and banking clients. You will be joining a highly motivated team at an exciting time, as we look to grow our book globally and embrace new ideas in terms of policy development and IT solutions. By joining the UK & Europe team within TCPRS, the successful candidate will be working for the largest part of the Trade Credit book and a key region for our future growth.
The team at Markel is a well-established and high-profile team within the global Trade Credit market, providing bespoke solutions to clients across the world, through our offices in London, New York, Chicago, Dubai and Singapore.
We’re all about people | We win together | We strive for better | We enjoy the everyday | We think further
Who we are:
Business Unit overview:
The team at Markel is a well-established and high-profile team within the global Trade Credit market, providing bespoke solutions to clients across the world, through our offices in London, New York, Chicago, Dubai and Singapore.
Part of Markel Group (NYSE – MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.
What you’ll be doing:
- Working directly with the Markel trade credit team and head of business development to drive forward growth of the portfolio in the region.
- Developing a targeted plan to work with and support key broker partners.
- Managing the credit approval process for existing clients and new business submissions.
- Performing financial analysis of broker submissions.
- Compiling and presenting detailed submissions for peer committee review.
- Assisting the division in achieving its portfolio growth, client retention & loss ratio targets.
- Developing a portfolio of corporate and banking clients through creation of strong partner relationships within broker and banking networks, as well as direct client engagement.
- Developing skills in negotiating policy terms and conditions.
- Marketing and presenting the Markel brand to brokers and insureds.
- Supporting the team with all aspects of the underwriting process.
- Supporting Management with any special projects & ad-hoc duties as required.
Key Skills:
- Experience within the credit insurance and political risk industry or a related field, with a proven past track record.
- Good understanding of risk underwriting with financial analysis experience, across a wide variety of countries and trade sectors.
- Experience of commercial underwriting (this is not essential however as training will be provided).
- Experience with trade & export finance risk analysis and assessment, including single situation credit and whole turnover XOL business.
- Country Risk knowledge.
- Familiarity with key aspects of insolvency legislation in major trading economies.
- Familiarity with analytical tools inc: Fitch, Moody’s, Standard & Poor’s, Capital IQ, EIU, IHS Global Insight, BVD, Bloomberg.
- Familiarity with, and an openness to use and/or embrace AI technology as a supporting underwriting tool.
What’s in it for you?
- A great starting salary plus annual bonus & strong benefits package…
- Up to 16% company pension scheme,
- Private medical and dental cover, Menopause plan, emergency care benefit (children/Pets/dependants)
- Income protection, Life assurance, electric car scheme, travel insurance
- 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave
- As well as other great benefits on offer there are countless opportunities to learn new skills and develop in your career!
Are you ready to play your part?
If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward, reach their full potential and seize opportunities. You’ll find your fit amongst our diverse global community of optimists and problem-solvers. We’re always pushing each other to think further because we believe that when we strive for better and realise our potential, we can help others reach theirs.
Join us and play your part in something special!
Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.
At Markel we are all about the people, celebrating the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.
We will ensure that individuals are provided with any reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at rec@markel.com or call us at 0161 507 5827 to request any accommodations or adjustments that may be needed, including alternative formats of documents or information on how to apply offline.
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