Director; Senior Credit Officer; Insurance - Financial Institutions

End Date Tuesday 15 September 2026 Salary Range £0 - £0 We support flexible working – Flexible Working Options Hybrid Working, Job Share

Job Description Summary

Title:

Director Location(s):
London, Birmingham or Edinburgh

Hours:

Full-time Working Pattern:
Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites.

Your primary focus will be on managing a portfolio within the Insurance Credit team, enabling sustainable growth as part of our North Star strategy. As a Senior Credit Officer, you’ll also be expected to have a broad understanding across our other Financial Institutions (FI) disciplines too, ensuring that risk is managed coherently as 'One FI Credit' team. Lead the independent assessment, approval and ongoing management of credit risk across a portfolio of Insurance clients covering;

life, non-life, reinsurance, Lloyd’s of London and insurance brokers. Shape sector strategy, risk appetite, policy and portfolio management practices, providing robust challenge to business stakeholders while supporting sustainable growth. Operate as a senior leader within Insurance, exercising delegated credit authority and deputising for the Sector Head when required. You will act as a senior credit decision-maker, providing independent assessment and approval of lending, trading limits and internal ratings, whilst influencing sector strategy, risk appetite, policy development and portfolio management practices.

You will be expected to provide thought leadership, support senior governance forums and act as a recognised subject matter expert within Insurance. You will exercise significant delegated credit authority across multiple portfolios, providing independent challenge, sound judgement and timely decision-making on complex transactions and relationships. The ability to balance commercial objectives with disciplined risk management, while acting in the best interests of the wider Group and its stakeholders, is essential.

• Lead the management of a portfolio of Insurance relationships, incorporating forward‑looking analysis of market, sector and idiosyncratic risks into credit decisions and portfolio strategy.
• Drive the development of sector strategy, risk appetite, mandates, policies and portfolio management practices in the Insurance Credit portfolio.
• Build and maintain trusted relationships with senior stakeholders across Coverage, Product, Risk and Credit functions, becoming a recognised adviser on Insurance sector risk, market developments and transaction structuring.
• Lead continuous improvement initiatives across data quality, controls, management information and credit processes, ensuring robust governance, efficient execution and effective use of management information.

• Expert credit underwriting and approval skills, with the ability to assess, structure and approve complex transactions and relationships.
• Deep understanding of Insurance and Lloyd’s of London structures, lending and traded products, counter party credit risk and associated legal frameworks.
• Self‑motivation with a strong willingness to learn – able to quickly up‑skill in relation to new products, sectors and changes in the external environment.
• Strong written and oral communications skills with the ability to present complexity in an understandable way.
• Expert with numerical analysis.
• A coach for other members of the department and a commitment to help up‑skill individuals in areas you are expert in.
• Curiosity - the desire to know what is happening around us and how it might affect our clients and colleagues.
• Ensure senior management is kept apprised of horizon risks and any issues which might impact our portfolio and suggest potential mitigations.
• Proven ability to influence and challenge senior stakeholders while balancing commercial objectives and risk discipline.
• Strong leadership presence with the ability to drive decision‑making, build consensus and deliver strategic outcomes.

• Significant experience in Insurance credit risk management gained within 1
  
  LOD and/or 2
  
  LOD…