Risk Underwriter

Hunt Valley, MD

 

Reporting to the Underwriting Manager for RS5, NAFTA, you will be responsible for approving/accepting new requests for insurance cover from both new and existing customers. This includes applying underwriting principles and procedures where the company is considering underwriting new risk or modifying existing contracts/buyers. Will use financial analysis techniques in assessing risk exposure of potential new cover and in assessing existing risks.

Key Deliverables 

  • Portfolio may include domestic market and/or non-domestic including political risk markets.  
  • Responsible for approving new credit limits and assessing risk exposure of potential new limits 
  • Applies underwriting principles and procedures where the company is considering underwriting new risk or modifying existing contracts/buyers 
  • Manages standard and/or non standard risk portfolio (e.g. in a structured finance environment) 
  • Applies analyst knowledge and principles to identify and manages portfolio exposure 
  • Responsible for setting underwriting strategy for each known buyer group/buyer/sector/country portfolio/class of risk/customer/holding 
  • Responsible for setting of standard and review limits/renew bonding lines and setting and maintaining risk scores/ratings on buyers within delegated authorities 
  • Responsible for compliance with internal procedures including recording of decisions for use by both internal and external customers 
  • Responsible for monitoring the development of the portfolio and modification of buyer underwriting risk management approach in the assessment of risks 
  • Ensures proactive action is taken to compensate for economic upturns or downturns on a market, industry or sector basis, in order to optimize the claims ratio 

Qualifications

Candidates will ideally have at least three years risk underwriting, credit management or analytical experience.  Fluent written and spoken English will be essential, Fluent written and spoken Spanish and/or Portuguese a plus. 

Candidates are encouraged to give full and due consideration to the vacancy prior to applying and discuss with their managers.  The candidates will be expected to be able to take up the post in the United States main office in Hunt Valley, MD in late 2016 or early 2017.  Visa and appropriate level of moving allowance will be included.  Local Agreements only.  No Expat agreements.

Contact

For more information about this position and to submit your CV please contact Holly Burkett, Sr. Manager Human Resources, NAFTA at Holly.Burkett@Atradius.com

Office Location

230 Schilling Circle, Suite 240

Hunt Valley, Maryland 21031, USA

Disclaimer

The statements made herein are provided solely for general informational purposes and should not be relied upon for any purpose. Please refer to the actual policy or the relevant product or services agreement for the governing terms. Nothing herein should be construed to create any right, obligation, advice or responsibility on the part of Atradius, including any obligation to conduct due diligence of buyers or on your behalf. If Atradius does conduct due diligence on any buyer it is for its own underwriting purposes and not for the benefit of the insured or any other person. Additionally, in no event shall Atradius and its related, affiliated and subsidiary companies be liable for any direct, indirect, special, incidental, or consequential damages arising out of the use of the statements made information herein.