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Surety Risk Underwriting (H/F)

Posted 3 hours 54 minutes ago by LHH

Permanent
Not Specified
Academic Jobs
Hauts-de-Seine, Bois-Colombes, France
Job Description

Votre mission


Within the Group Underwriting Department, you will join the Senior Expert team for specialty lines, focusing on the following activities:

  • Underwriting for the surety business line, with the objectives of maintaining profitability, reducing operational risks, improving workflows and reporting tools, and supporting underwriting activities for newly established surety entities.
  • Overseeing arbitration for the Group's Surety Reinsurance activities.

Key Responsibilities:
  • Risk Analysis: Evaluate risks associated with bonding facilities, including financial risks linked to the principal debtor/guarantee and related risks:
    • Performance of the underlying contract or obligation subject to the surety.
    • Type of bond to be issued (taxonomy).
    • Beneficiary status.
    • Duration of the commitment.
  • Risk Determination: Establish the maximum risk over a specified period under a bonding facility, a single bond, or a risk participation arrangement behind an issuing bank. Define necessary collateral/security to support these risks.
  • Decision Coordination: Collaborate with the Group Underwriting Department, leveraging and updating internal systems to inform and support decision-making.
  • Policy Compliance: Ensure adherence to the Group's underwriting rules and procedures, and assist entities in analyzing their portfolios, adapting subscription policies, and conducting annual reviews of authorizations.
  • Regulatory Alignment: Guarantee compliance with regulatory requirements and internal procedures as outlined by the Group and relevant authorities.

Votre profil

  • Academic background in Economics, Insurance, or Finance.
  • Master's degree in Finance or Insurance, or equivalent qualifications.
  • At least 7 years of relevant experience, with strong expertise in underwriting and managing surety risks.
  • Ability to synthesize complex information and make sound decisions.
  • Strong team spirit, excellent interpersonal skills, dynamism, and the ability to work autonomously.
  • Proven ability to develop, articulate, and execute strategies for surety lines.
  • Strong capacity for dialogue with various stakeholders and leadership skills to guide regional and local teams.
  • Fluency in French and English; knowledge of Spanish is an advantage.

A propos de nous

LHH Recruitment Solutions, cabinet de conseil en recrutement et évaluation d'experts, cadres et dirigeants, vous accompagne tout au long de votre carrière et s'assure que vous soyez " Ready For Next ".
A votre écoute, nos experts en recrutement vous guident pour aller de l'avant et faire évoluer votre carrière vers la prochaine étape.

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