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Job Description

Eames Consulting are working closely with a well renowned provider of political and credit risk insurance in the London Insurance Market who is looking to add an Underwriter into their team (likely Associate Director level banking equivalent).

You will be working closely with the head of department as well as the in house analyst and other underwriters to write profitable business within the political and credit risk arena. This company have a strong rating and broad risk appetite which makes them one of the key lead markets within London. Thus you will also be regularly negotiating lead terms with the brokers and will be meeting with and presenting to clients (Banks / Traders / ECA’s / Exporters).

As part of the selection process, we are keen to hear from individuals within Investment Banking institutions who have some knowledge of insurance as a risk sharing / capital relief solution and would consider a transition into the insurance market.

You will ideally have credit and syndication / origination / distribution experience, and definitely should have experience of medium to long term debt products within emerging market territories. The client is more than happy to invest time in training to bridge any gaps that come from the move between the two industries.

On a day to day basis you’ll be looking at a number of opportunities presented by broking houses, you’ll be responsible for establishing whether the deal is one you wish to support, whether the territory / industry / obligor fits within risk appetite, ensuring that pricing is appropriate and all other terms are satisfactory, etc. The environment will be faster paced than a traditional deal team within a bank, however there is less regulatory pressure and hence decision making is a quick process.

If you think this might appeal, then please don’t hesitate to get in touch for a confidential discussion. Salary is likely around £80,000 pa plus strong bonus and benefits; this can be flexible to a degree.

If you are interested in this role please apply below or contact me for more information.