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Senior Underwriter - Facultative Property

High Finance (UK) Limited T/A HFG
Posted 5 days ago, valid for 5 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The position is for a Senior Underwriter - Facultative Property at a Lloyd's Syndicate located in the City of London, offering a hybrid work model.
  • The salary for this role is dependent on experience (DOE) and requires extensive experience in a specialized underwriting environment.
  • Candidates should possess a thorough understanding of reinsurance underwriting strategy, market conditions, and insurance profitability analysis.
  • The ideal candidate will have strong interpersonal, negotiating, and analytical skills, along with the ability to manage priorities and collaborate effectively in a team.
  • Professional qualifications such as CPCU and significant post-qualification experience in the relevant class of business are essential for this role.

Senior Underwriter - Facultative PropertyCity of London (Hybrid)Lloyd's Syndicate Salary: DOEKnowledge

  • Extensive knowledge of relevant market conditions for specific class/portfolio
  • Thorough understanding of reinsurance underwriting strategy and how this translates into targets and delivery
  • Good knowledge of Insurance and Expected Profitability Analysis (EPA) requirements
  • Strong understanding of the reinsurance strategy affecting the portfolio
  • Good knowledge of relevant underwriting systems
  • Strong knowledge of legal and regulatory requirements
  • Strong knowledge of underwriting processes and procedures
Skills
  • Strong interpersonal and communication skills
  • Strong negotiating skills
  • Strong customer orientation skills
  • Ability to manage conflicting priorities to meet deadlines
  • Effective and efficient planning skills
  • Ability to collaborate effectively in a team environment
  • Strong analytical skills, utilising data for decision-making
  • High level of numeracy and literacy skills
  • Strong attention to detail
  • Ability to engage and positively influence colleagues
  • Proficiency in relevant software within my client's company and insurance division
Experience
  • Extensive experience working in an underwriting environment within a specialised/complex underwriting area
  • Specific professional qualifications (CPCU)
  • Qualified within own professional discipline, with significant post-qualification work experience within the class of business
  • Experienced in the use of risk profiling and pricing tools, as well as loss models
  • Strong, established customer/broker relationships
  • Experience managing underwriting individuals/teams

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.