Senior Underwriter: Financial Risk Solutions

Country: United Kingdom of Great Britain and Northern Ireland

Creation Date: 12-Jan-2026

Employment Type: Permanent

Employment Type: Full time

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Department:
Financial Risk Solutions

Team:
Financial Risk Solutions

Location:
London

Type:
Permanent

FRS are looking for a highly motivated candidate to join our market-leading non-payment franchise. The successful candidate will work across the breadth of our Credit Solutions pillar which encompasses non-payment risks beyond 18 months for banks and public agencies. We offer a wide product set including corporate finance, bank-to-bank lending, derivatives, fund finance, commodity finance, sovereign lending, project finance and asset-backed finance.

We are looking for a new senior team member to help grow these products and/or explore new avenues for growth such as the intersection or credit insurance and private credit, new blended finance partnerships etc. Alongside underwriting, the role will involve strengthening client and broker relationships through regular engagement in meetings and conferences and data-led insights.

We recruit from a wide range of backgrounds and offer a dynamic, challenging and innovative underwriting environment as part of an industry-leading team.

Financial Risk Solutions (FRS) underwrite credit and political risks on Company insurance paper and through Lloyd’s of London. These risks relate to non-payment and non-performance of private and public sector counter parties, and political perils such as expropriation or confiscation of assets by foreign governments, export embargo, forced abandonment, war etc. Cover is offered in both a single-risk and portfolio structure. FRS clients are banks, corporates, trading companies, export credit agencies and multilaterals.

FRS is a global business; we have regional underwriting hubs in the US, London, Paris and Singapore supported by three global product pillars - Short Term Trade Solutions, Credit Solutions and Political Risk Solutions.

• Rigorously underwrite a wide range of complex non-payment insurance risks in accordance with the business plan and personal authority, including negotiating rates, terms and conditions for existing and new business
• Take responsibility for specific Client and Broker Engagement Strategies. Establish and strengthen relationships with clients, brokers, industry bodies and internal colleagues to support continued business development.
• Demonstrate understanding and awareness of market dynamics, market cycles and trends in wordings to drive and enhance business performance.
• Participate in the review and analysis of the portfolio to identify areas of risk concern and new business opportunities together with Country, Credit & Portfolio Risk Management.
• Contribute to and participate in team meetings in order to share and develop knowledge, risk awareness and best practice. Help to develop more junior members of the FRS team via formal and informal training sessions. Motivate the London team by demonstrating good leadership behaviours and strong work ethic. Act as a referral point for junior members of the team on risk enquiries
• Maintain expertise and knowledge through appropriate development opportunities.
• Interact with other functions in our Integrated Business Unit, e.g. the Actuarial Pricing team to enhance risk and pricing models and the Reserving and Claims teams as appropriate
• Ensure entries are properly recorded in relevant systems in a timely manner whilst ensuring accuracy of data in relation to both underwriting and aggregate exposures. Apply reinsurance requirements in accordance with business plan and reinsurance treaty.
• Adhere to all applicable internal and external laws, regulations, policies, procedures, guidance and best practice methodology in order to minimise risk.
• Adhere to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to LSM's commitment to our Liberty Values, placing customers at the centre of our business and behaving with integrity.
  
  LSM…