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Commercial Underwriter

BondAval

BondAval

Marketing & Communications, Software Engineering
London, UK
Posted on Oct 29, 2024
We Look For Character Over Credentials

  • We’re a specialist credit & surety underwriter transforming B2B credit with financial technology (website)
  • We’re backed by top European and American VCs including Dawn Capital, Octopus Ventures, Talis and Expa
  • Founded in 2020, we are licensed and operating across the UK, Europe, US and Canada with offices in London, New York and Dallas
  • Since our commercial launch in March 2022, we are already serving some of the world’s largest companies, providing them with superior credit protection and innovative risk management technology

About The Role

We’re looking for a highly motivated and driven individual to join the Commercial function within Bondaval. You will be positioned at the heart of what we do as a business, having a front row seat to drive our commercial growth and securing new partnerships. The ideal candidate is eager to learn, make an impact and is ready to roll up the sleeves and get things done.

The role covers both the UK and Europe, supporting our business expansion across these regions. You'll report directly to David Stevens, Head of Commercial Underwriting for the UK & Europe.

This is a fantastic opportunity to join one of the most exciting financial technology companies, with the chance to grow and develop alongside the business.

Responsibilities

  • Lead and assist broker-driven sales efforts in the UK and Europe
  • Manage pricing discussions and deal negotiations
  • Perform research to identify potential new prospects
  • Develop sales collateral and proposal materials
  • Work closely with our existing broker channel and develop new partnerships
  • Build and maintain relationships with existing client base and grow existing accounts
  • Update and maintain our CRM to efficiently manage deal flow
  • Identify market trends and provide internal feedback to assist with sales development

You Might Be a Good Fit If You Have

  • 4+ years of trade credit insurance experience
  • Risk underwriting experience
  • Existing trade credit broker network
  • Experience of structuring trade credit policies (Ground up, Named buyer, XoL)
  • Experience in preparing pitches and/or commercial terms
  • A relentless attention to detail and unwavering work ethic
  • Strong organisational, analytical, and presentational skills

Nice To Haves

  • Existing ACII qualification or training towards one
  • Experience of working closely with, CFOs, Treasurers and Credit Managers

Logistics

  • Compensation: Base + bonus
  • Employment type: Permanent
  • Employee Share Option Pool: Available - you will earn a stake in the company you are helping to build
  • Location: London office, UK, with the expectation of travel as needed to meet prospective clients, brokers, and partners, and the flexibility to work from home up to two days per week on average

Company Benefits

  • 25 days’ paid vacation
  • Pension
  • Cycle to Work and Electric Vehicle schemes
  • Learning and Development support

Interview Process

We run a quick and efficient process:

  • 30 minute introductory call with David Stevens, the Hiring Manager
  • In-person interview with David Stevens and Ewa Rose, Group CUO
  • Interview with Tom Powell, CEO
  • Offer