Risk Underwriter, Americas

Bondaval is building the decision layer for B2B financial risk, and we intend to shape how the next generation of it is managed.

Every company that sells on credit is taking risk on whether it will get paid. We help them manage that risk with confidence. Our platform combines proprietary technology, specialist underwriting and rated insurance capacity, so businesses can price, monitor and protect their credit, counter party and payment risk in one place. Trade credit insurance and non-payment guarantees all run on it.

• Named as the #1 fastest-growing insurtech and #19 fastest-growing startup in the Sifted 100 for UK & Ireland
• #4 fastest growing software business in the UK (The Sunday Times 100 Tech)
• We’ve raised ~$35m of capital to accelerate our growth, backed by leading European and American VCs, including Dawn Capital and Octopus Ventures

Bondaval is building the decision layer for B2B financial risk, and we intend to shape how the next generation of it is managed.

Every company that sells on credit is taking risk on whether it will get paid. We help them manage that risk with confidence. Our platform combines proprietary technology, specialist underwriting and rated insurance capacity, so businesses can price, monitor and protect their credit, counter party and payment risk in one place. Trade credit insurance and non-payment guarantees all run on it.

• Named as the #1 fastest-growing insurtech and #19 fastest-growing startup in the Sifted 100 for UK & Ireland
• #4 fastest growing software business in the UK (The Sunday Times 100 Tech)
• We’ve raised ~$35m of capital to accelerate our growth, backed by leading European and American VCs, including Dawn Capital and Octopus Ventures

We are hiring a Risk Underwriter to analyse and underwrite Americas risks within delegated authority, working alongside our senior underwriters in the US and London.

We are building out our US underwriting team as the Americas book grows. This role adds the analytical capacity to keep decisions fast and disciplined.

In year one, success means owning a share of the Americas portfolio independently and taking your own papers to the Underwriting Committee.

• Analyse and underwrite new and on-boarded Americas risks within delegated authority.
• Carry out detailed buyer credit analysis: financials, sector, country and payment behaviour.
• Prepare transaction papers for the Underwriting Committee, and present them.
• Monitor the Americas portfolio for emerging risks and recommend action.
• Track and report portfolio metrics and performance indicators.
• Support renewal reviews and execution with our Americas commercial team and brokers.
• Give product and engineering practical feedback on the tools you use every day.

Required:

• 3+ years in credit underwriting or credit analysis, ideally in trade credit insurance, a bank or a credit insurer.
• Working knowledge of the North American credit environment, including US insolvency regimes.
• Strong financial analysis and sound commercial judgement.
• Clear, concise writing that turns analysis into a well-argued recommendation.
• Comfort working in a team split across US and UK time zones.

Nice to have:

• Experience with trade credit, surety or credit insurance policy structures and wordings.
• Experience working with brokers and capacity providers.
• Latin American risk experience;
  Spanish or Portuguese a plus.

• Competitive base salary
• Meaningful equity in a company at the intersection of insurance, credit, data and technology
• Private pension Private medical cover 25 days’ holiday + bank holidays
• Learning and development budget
• Exposure to clients, brokers, reinsurance partners and investors from day one
• An early seat in our US underwriting team, with room to shape how it works
• A volunteer-run Culture Club, regular all-team weeks, hackathons and townhalls