Credit and Political Risk Senior Underwriter

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Credit and Political Risk Senior Underwriter Allianz Trade, Specialty Credit (SC) is seeking a Credit and Political Risk Senior Underwriter to join our dynamic team in London. This role is ideal for individuals with extensive experience in the London Credit and Political Risk Insurance (CPRI) market or relevant banking experience, who thrive in a fast‑paced and rewarding culture and are eager to contribute to our growing operations. Responsibilities
Originate, negotiate and execute CPRI transactions by liaising with brokers and clients. Select opportunities based on Allianz Trade/SC underwriting criteria and manage the commercial underwriting process in coordination with our credit analyst team. Support the SC Regional Head in strengthening and developing SC in the London market, including the introduction of new products and clients. Drive meaningful growth, long‑term quality and profitability for the portfolio. Represent Allianz Trade/SC in all relevant external meetings, conferences and events in London and abroad.
Required Experience
Minimum of 5‑8+ years of relevant experience in the Credit and Political Risk Insurance market and/or banking sector. In‑depth knowledge of credit insurance mechanisms and banking products. Strong understanding of a broad range of products, including bank transactions/loans and trade‑related financings for corporates. Experience underwriting complex structured products such as Project Finance, Real Estate, Capital Call Facilities, Aviation Finance etc. Experience underwriting sovereign transactions and conducting sovereign reviews. Ability to negotiate high‑profile transactions, including pricing, with strong working knowledge of market wordings. Strong organisational and communication skills, along with efficient work practices. Excellent interpersonal skills and ability to work well within a team. Capability to train and coach junior underwriters based on experience and knowledge. Fluent in English; proficiency in other languages is a plus.
What We Offer
Life assurance Health cash plan Income protection Hybrid working Employee share incentive plan Various discounts on insurance through the Allianz partnership And much more
Additional Information This role is fixed‑term and not eligible for visa sponsorship under our current sponsorship policy. Please apply only if you have the legal right to work in the UK without requiring visa sponsorship. We also seek candidates who are naturally curious about technology and innovation, and who demonstrate a proactive approach to learning and adapting to new tools and technologies, particularly Artificial Intelligence (AI)‑powered tools, to align with our vision for growth. Allianz Group is committed to a strong inclusive culture that encourages everyone to speak their minds, get involved and question the status quo. We are an equal‑opportunity employer and welcome applicants regardless of race, ethnicity, cultural background, age, gender, nationality, religion, social class, disability, sexual orientation or any other characteristic protected by law. #J-18808-Ljbffr
Location:
Greater London
Job Type:
FullTime

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