About this role
The Opportunity Convex is looking for a numerically gifted Credit Analyst to join our Political & Credit Risks underwriting team as an Underwriter. This is a transition path for a high-performing Credit Analyst to move from evaluating financial data to making real-world underwriting decisions. You’ll become part of a team of experienced Underwriters and Insurance professionals, who are keen to mentor and guide you into the industry. You’ll add value with your robust understanding of a company’s balance sheet and financial data, helping us to rationalise risk and make informed decisions about the business we choose to write. Your Journey You won’t be an insurance expert on day 1, so your first 18-24 months will focus on doing what you’re good at while we introduce you into the world of Speciality Insurance. You may still be studying towards the CFA, which we are keen to help you complete. Thereafter, around year 2-3, you may like to study for the ACII which would help you obtain a better insight into the insurance industry and relevant terminology. During this initial period, you will join in meetings with Brokers, learn to understand how an insurance contract is pieced together and understand quoting terms. Once you’ve completed this period of learning, your prospects are to gain underwriting authority and you will move into a position to meaningfully contribute towards the growth of our book. Deep dive into balance sheets and financial date to rationalise risk and help us make the right underwriting decisions. Reviewing information memorandums and providing feedback to aid in making sound long term decisions on risks that are written. Meeting and building relationships with our major existing clients across the globe and seeking out new target clients. Undertake analysis of the portfolio to identify business opportunities, products and clients, ensuring a robust business case. Ensure risks are written within the agreed parameters; making sound long term decisions on risks that are written, with a focus on consistency and considered risk appetite.