Senior Commercial Underwriter

Atradius Job Opportunity

The Atradius Group provides trade credit insurance, surety and collections services worldwide, and has a presence through 160 offices in 52 countries. The products offered by Atradius protect companies around the world against the default risks associated with selling goods and services on credit.

Job Description

The Senior Commercial Underwriter is responsible for leading the structuring, pricing, and execution of complex trade credit insurance programs within the MBNC portfolio. This role requires deep expertise in non-cancelable product design, strong commercial judgment, and the ability to navigate internal governance while delivering tailored solutions to brokers and clients. A balance between premium growth and disciplined risk management is fundamental to the role.

In this position your key responsibilities will be:

• Lead the structuring and pricing of complex MBNC credit insurance transactions
• Underwrite multi-buyer portfolios across industries, incorporating financial, sector, and country risk considerations
• Design bespoke policy structures (e.g., limits, tenors, waiting periods, loss structures, break clauses) aligned with MBNC governance
• Partner closely with Risk Underwriting teams to assess portfolio quality and obtain required approvals
• Navigate and manage internal governance, including approvals for deviations from underwriting guidelines
• Present and defend underwriting proposals to senior management and approval committees
• Serve as a point of contact for broker partners on key deals and negotiations
• Drive deal execution from initial quote through binding, ensuring alignment across all stakeholders
• Lead or participate in client and broker meetings, including high-value and strategic opportunities
• Provide guidance and mentorship to junior underwriters and support team development
• Monitor portfolio performance and contribute to strategy on renewals, amendments, and risk exposure
• Contribute to product development, wording enhancements, and process improvements within MBNC
• Maintain strong relationships across commercial, risk, claims, and legal teams

Major Skills and Competencies

• Deep understanding of trade credit insurance, particularly non-cancelable (MBNC) structures
• Strong financial analysis skills, including interpretation of financial statements and portfolio risk dynamics
• Advanced structuring and pricing capability for complex insurance transactions
• Strong commercial mindset with the ability to balance growth and risk
• Ability to operate effectively within governance frameworks and approval structures
• Excellent communication and negotiation skills with brokers and senior stakeholders
• Proven ability to manage multiple complex deals simultaneously
• Strong relationship management skills across internal and external stakeholders
• Leadership capability, including mentoring and influencing without direct authority

Qualifications

• Bachelor's Degree in Finance, Business, Economics, or related field
• 5–10+ years of experience in trade credit insurance, commercial underwriting, or structured finance
• Proven experience structuring complex or non-standard insurance or credit solutions
• Strong understanding of credit risk, portfolio dynamics, and insurance policy structures
• Experience working with brokers and managing client-facing negotiations
• Proficiency in underwriting tools, financial analysis, and Microsoft Office
• Experience with non-cancelable credit insurance products
• Exposure to multi-buyer portfolio underwriting
• Experience presenting to senior approval committees or governance forums

What Do We Offer?

• Competitive Salary: $103,000 - $125,000 annually, dependent on experience level with a 10% bonus potential.
• Paid Time Off: 3 weeks vacation, 8 floating holidays, 6 sick days, maternity and parental leave, office closure holidays.
• Insurance: Medical and dental plans with shared premiums, Vision, Disability and Life Insurance fully paid by company.
• Retirement Plan: 401k with 100% company match up to 6% of salary contributions and annual profit share, pre-tax and Roth options.

Equal opportunities for all

The success of our organization stands with the quality of our people and the ideas they have. Insights and innovative solutions for our customers are the result of an interplay of cultures, knowledge and experience. That is why diversity is extremely important to Atradius. To ensure that all colleagues within Atradius can develop their qualities, we promote an inclusive culture in which everyone feels involved and valued. We encourage and welcome everyone to apply to our positions.