In this role, you will support the continued growth and expansion of XL Catlin’s Political Risk, Credit & Bond business across the Asia Pacific region. The role will be responsible for underwriting business within the agreed business plan and individual underwriting authority, exercising discretion and contributing positively to the overall objectives of the business.
The position requires a team player with a diverse skillset and a commitment to servicing the needs of XL Catlin’s clients. The candidate’s skills and activities will focus primarily on underwriting a portfolio of political and credit risk business across a broad range of corporate and financial transaction structures.
- Strong credit underwriting skills – including analysis (research, modelling and use of risk analytical tools), documentation and transaction management (including with a variety of transaction structures, policy wordings, etc.)
- Develop and maintain strong broker / client relationships and an ability to generate new business streams in key locations across the Asia Pacific region
- Diligent assessment, pricing and underwriting of corporate and structured credit risk, together with contract frustration and political risk business
Support the portfolio management and restructuring of existing risk exposures
- Ensure compliance with group guidance on credit and political risk analysis
- Use internal modelling systems to support the underwriting process
- Undertaking research, using a wide variety of public source and subscription based tools, as part of the underwriting process – including collating and interpreting findings to enable recommendations to be discussed and debated or recommendations presented for underwriting decisions on new risks
- The ability to undertake overseas travel as required
- Maintaining up-to-date knowledge of key insurance market and Lloyd’s issues, conditions and developments
- Use judgment and discretion to solve day to day problems
- Follow all internal company procedures where applicable including, but not limited to, administrative procedures, expenses, health & safety
- Ensure that, as a XL Catlin employee, you are representing the XL Catlin organisation in a professional and appropriate manner
XL Catlin. We’re here to help your business move forward. With an incredible blend of people, products, services and technology, we’re looking at risk in a new way. From insurance to reinsurance, we can help you find innovative answers for a changing world.
Powerful analytics, deeper insights, and market-leading technologies. We’re open to new ideas and ready to take on difficult challenges — from the most familiar to the most complex.
You need innovative, creative solutions to your risks. We’re here to find them.
XL Catlin is the global brand used by XL Group Ltd’s insurance and reinsurance subsidiaries.
- The role requires individuals of Graduate certification, preferably with proven experience in finance or accounting disciplines; fully or part ACII or CFA qualified, and/or willing to study towards these or similar qualifications
- 5 to 7 years of experience and demonstrated capability in credit analysis and financial modelling, research etc. Fluency in Mandarin (conversational in business context, ability to review written financial statements and contractual documents etc.) shall be advantageous
- Experience in a Financial Services environment
- Up to date appreciation of the technical requirements of the role
- Track record of identifying and analysing problems, identifying & evaluating options, deploying sound decision making skills
- Proven track record of knowing what it takes to provide a consistently first class customer service internally and/or externally
- Demonstrable evidence of interpreting & manipulating data clearly and accurately with the ability to extract & clearly articulate key points
- First class report writing skills, ability to develop and present ideas and reasoned arguments clearly and concisely to various audiences
- Demonstrates excellent communication skills, a confident and articulate presenter to internal/external audiences, exercising appropriate discretion in dealing with people from all levels of the Company
- Ability to build effective working relationships (internally/externally), establishing credibility amongst a wide and demanding client group (if applicable)
- Excellent attention to detail and a meticulous eye for identifying inconsistencies or inaccuracies in data entry or data outputs
- Able to organise self (and others if applicable) including effective scheduling, prioritisation and time management skills, completing tasks to tight deadlines. Demonstrates a ‘can do’ attitude
- Comfortable taking ownership for own work, identifying the need for action (using initiative) whilst working effectively within a team
- Displays a resilient and adaptable style, track record of remaining calm in demanding circumstances, adjusting comfortably to changing conditions / priorities
- The role would suit highly driven self-starters, with a strong desire to challenge and deliver
- Desirable Skills: Solid compliance experience in Company and or Lloyd’s markets; Advanced knowledge of Microsoft Office programs; specifically Excel (including ability to manage if not write macros), Outlook, Word, Powerpoint