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Credit and Political Risk Senior Underwriter
Credit and Political Risk Senior Underwriter-May 2024
Boston
May 1, 2025
ABOUT THE HARTFORD
The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. Together, we help people achieve amazing things.
10,000+ employees
Financial Services, Insurance
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About Credit and Political Risk Senior Underwriter

  Executive Underwriter - UJ07DE

  Senior Underwriter - UJ08DE

  We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.

  Reporting to the Head of Credit and Political Risk Insurance(CPRI), the Senior Underwriter will be responsible for underwriting credit insurance and political risk insurance policies for the CPRI team within The Hartford's Global Specialty team. The successful candidate will be responsible for building a book of business in the United States by procuring new clients and managing existing clients, responding to daily business volume and underwriting policies for banks, export credit agencies, trading companies, multinational corporations, private equity firms and multilateral financial institutions.

  Responsibilities:

  The primary responsibilities for the position include the following:

  Market The Hartford's CPRI capabilities to banks, export credit agencies, trading companies, multinational corporations, private equity firms and multilateral financial institutions and their brokers around the world and ensure those entities are onboarded properlyMaintain current relationships through regular meetings with the clients and their brokersUnderwrite credit insurance policies covering various types of trade, export and project finance transactionsCollaborate with the Country, Credit and Economic Research team when analyzing the credit risk associated with the credit insurance policies writtenEngage with brokers around the world to procure opportunities and underwrite the risks (including negotiating policy wording and communicating the various due diligence requirements to bind the credit insurance policy)Work closely with the other underwriters on the team acting as a source of advice and knowledge to assist them in underwriting their own credit insurance policies for the teamUnderwrite political risk insurance policies covering various types of investments in emerging marketsAnalyze various types of political risks that could effect the investments of our clientsNegotiate policy wordings with private equity firms and multinational corporations (via their broker)

  Qualifications:

  Five- plus years of relevant work experience as a credit insurance and political risk insurance underwriter at a multi-line property and casualty insurer or Export Credit Agency or Multilateral is required.Knowledge and experience working on emerging and frontier market economic, political and credit issues is required.Formal credit training required with detailed knowledge of trade finance structures such as Letters of Credit, Pre-Export Finance Facilities, etc.Experience working with large financial institutions and managing those relationships.International work experience preferredStrong process management discipline. Establishes priorities, anticipates problems, determines completion dates, knows and communicates the status of assignments; manages time effectively; uses the services of others effectively.Team player with a strong collaborative orientation; ability to build strong relationships across an organization.Ability to deal with ambiguity in a matrixed organization; ability to guide, influence and navigate effectively with different constituencies in achieving company goals.Excellent written and verbal communications skillsIdeal candidate will be located in Boston, Chicago, DC, Los Angeles, NYC, or Philadelphia; open to considering a candidate outside of one of these regions if they bring deep expertise in CPRI Underwriting with a competing carrier.

  Compensation

  The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

  $77,920 - $145,320

  The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.

  Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

  About Us | Culture & Employee Insights | Diversity, Equity and Inclusion | Benefits

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