Job Title: Junior Risk Underwriter Salary: £27-32,000 Reports To: Underwriting Manager - CIFS Purpose of Job Analysis of the credit risk in relation to enquiries from policyholders & generally managing the risk exposure of the portfolio to achieve an acceptable loss ratio. Main Tasks 1. Assess credit limit requests, including for new business applications, on the basis of all the relevant information available & action those within individual authority level & refer on recommendations for those above the authority level at all times in accordance with the Company Underwriting Authority Template. 2. Monitor the limits in appeal on the Company system & respond within a maximum of 5 working days. 3. Review monitoring alerts on a daily basis. 4. Update notes section on the CRS on the Company system with relevant information, particularly for policy or customer overrides, limit cancellations etc. 5. Liaise with policyholders/ brokers regarding credit limit decisions, reasons for Nil limits, cancellations etc. 6. To monitor overdues on the Company system and take appropriate action and to respond to requests for payment re-scheduling with consultation with MD where appropriate. 7. Progress limit reviews as requested 8. Create reports on Buyers, Buyer Groups, Countries and Trade Sectors for presentation to Company personnel as required. 9. Manage a portfolio of clients, understanding both the nature of their trade and that of their customers to enable accurate limit underwriting of the risk. 10. Monitor the FT on a regular basis e.g. Businesses for sale and other appropriate financial information sources. Research background information as required e.g Company accounts, Reuters, company web-sites, S&P ratings, etc. Levels of Authority To be confirmed Core Competencies: Knowledge and Skill Level Required. Background Knowledge of Credit Insurance essential Knowledge of Lloyd’s desirable Technical Knowledge A minimum of 1 years previous experience in a Risk Underwriting Environment Education: Applicants will ideally be educated to Degree level. IT Outlook Excel Word Internet