Specialty Credit Underwriting Manager

Job Level:  Professional
Location: 

London, GB, E14 5DX

Area of Expertise:  Underwriting
Unit:  Allianz Trade
Employing Entity:  Euler Hermes Services S.A.S.
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  89649
Position Cluster:  Allianz Executive

Summary of the role

 

Allianz Trade Specialty Credit Mid Term is seeking a Credit Underwriting Regional Manager with experience in Export Trade Finance &/or Structured Credit in order to work in the deployment and the steering of its credit portfolio. 

 

This manager will be responsible of a dedicated credit underwriting team, which has to identify, review & underwrite credit opportunities originated either through Specialty Credit Mid Term regional hubs located in London, New York, Singapore and Paris,. This position will also play a key role in the construction and the effective management of Specialty Credit Mid Term portfolio.

 

He/she will have a strong 10-year + experience as Senior Credit Underwriter in Banks, Trade Credit Insurance, Export Credit Agencies/Multilaterals or in Single-risk Medium Term Credit Insurance Departments (e.g. CPRI market) with preferably a focus on Structured Trade Finance, Infrastructure and/or Project Finance. The position is part of a 20-plus credit team.

 

Responsibilities:

 

1. Specialty Expertise Leadership:

 

  • Leads the underwriting of key transactions in various Specialty product expertise
  • Builds a robust underwriting framework in his Specialty Mid Term expertise
  • Leads the advisory, definition and monitoring of underwriting guidelines in Specialty Mid Term
  • Authority Matrix with defined Senior Authority levels
     

2. Team Management & Performance:

 

  • Accountability for a proactive and impactful underwriting service, Right Answer First Time towards the origination and customer relationship side of the Specialty Credit franchise
  • Set-up and define in co-decision with the SC MT Credit Director an efficient work organisation for its dedicated regional  hub
  • Management of a team of selected SC underwriters from diverse seniority and background and located in the UK Specialty Credit hub  as direct reports, including definition & steering of individual targets and training needs
  • In absence of SC Credit director can operate under his/her delegated authority to validate credit limits, or act as deputy in various high level internal and external meetings.

 

3. Collaborative Leadership:

 

  • Is the key 4-eye expert to be contacted in first instance for underwriting decisions related to his / her Specialty.
  • Trains underwriters, shares expertise (eg. Junior, Senior, other departments etc…) in his / her Specialty
  • Is empowered and takes ownership for the success of cross-expertise and cross-department projects
  • Fosters a collaborative decision making with other Specialty Leads and the Credit Director

 

Requirements and skills:

 

  • Qualifications:
  • University degree preferably at Masters’ level. Recognised financial analyst qualifications, would be advantageous.
  • More than 10 year-experience in Trade Credit Insurance, Banking Industry, or/and Multilaterals or/and ECAs or/and in Single-risk Medium Term Credit Insurance Department (CPRI), preferably with an exposure to Corporates, Infrastructure & Trade Finance.  
  • Strong analytical skills (corporate & financial, sectorial, ESG and political risk as well as transactional analysis) & exposure to corporates in a variety of sectors.
  • Ability to make credit decisions.
  • Proficiency in reviewing and commenting on loan documentation (including complex legal structures).

 

  • Preferred skills:
  • Flexibility and ability to work under time constraints and in dynamic and entrepreneurial environment.
  • Ability to work in a multicultural environment - Fluent in English.
  • Good geopolitical culture including emerging markets.
  • Leadership skills, Team spirit and keen to investigate new products/transactions.

 

What We Offer:

  • Life assurane
  • Health cash plan
  • Income Protection
  • Hybrid Working
  • Employee Share Incentive Plan
  • Various discounts on insurance through the Allianz Partnership
  • And much more
  • Detail-oriented with strong organizational skills.
  • Proficiency in Microsoft Office (Word, Excel, PowerPoint).
  • Interest in the insurance industry and eagerness to lear

 

We are seeking candidates who are naturally curious and have a keen interest in technology and innovation. As we navigate the future, we value individuals who are eager to stay updated with the latest digital trends and advancements. The ideal candidate should demonstrate a proactive approach to learning and adapting to new tools and technologies, especially Artificial Intelligence (AI) powered tools, showcasing a forward-thinking mindset that aligns with our vision for growth and progress.

 

Headquartered in Paris, Allianz Trade is the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk, present in over 40 countries with 5,800 employees. In 2024, our revenues reached 3.8 billion euros, and we guaranteed 1,400 billion euros of trade transactions worldwide. With sustainability, collaboration, and inclusion at the heart of our values, our workplace culture has earned global recognition — demonstrated by our certification as a Great Place to Work and a Gold Medal from EcoVadis in 2025. Disclaimer: Allianz Trade is the trademark used to designate a range of services provided by Euler Hermes.

 

#United Kingdom#NEUR#London#LI-EW1#LI-HYBR

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. Join us. Let’s care for tomorrow. 

Allianz Trade is the trademark used to designate a range of services provided by Euler Hermes. We are the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk. Headquartered in Paris, we are present in more than 50 countries with 5,500 employees. In 2021, our global business transactions represented 931 billion Euro in exposure. 

We at Allianz believe in a strong inclusive culture that encourages people to speak their minds, get involved and question the status quo. We are proud to be an equal opportunity employer and encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love, or what you believe in. We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability, sexual orientation, or any other characteristics protected under applicable local laws and regulations. Great to have you on board. Let's care for tomorrow.