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Property Underwriter

Hays Specialist Recruitment Limited
Posted 11 hours ago, valid for 11 days
Location

London, Greater London EC1R 0WX

Salary

£45,000 - £54,000 per annum

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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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  • A leading MGA in the London Market is seeking an Underwriter for their expanding Property Owners team, focusing on commercial and residential insurance solutions.
  • The role involves evaluating, pricing, and underwriting property insurance risks, managing submissions, and negotiating terms with brokers and clients.
  • Candidates should have prior underwriting experience, ideally with Property Owners risks, and progress towards or achievement of CII or ACII qualifications is advantageous.
  • The position offers a competitive salary of up to £50,000, depending on experience, along with performance-based bonuses and a comprehensive benefits package.
  • This home-based role includes occasional travel to London and provides opportunities for career development and a positive company culture.

Your new companyYour new company is an MGA specialising in Commercial and Residential insurance solutions, where you will have the opportunity to work with a leading MGA within the London Market. They offer an extensive range of coverage and, backed by a team of qualified market trading underwriters, they blend their wealth of industry knowledge to deliver personalised service to brokers and clients. They set themselves apart with their exceptional service, seamless technology integration, precise technical underwriting, and innovative problem-solving approach. Due to expansion within their Property Owners team, a position for an Underwriter has arisen.Your new roleWorking as an Underwriter, you will be responsible for evaluating, pricing, and underwriting property insurance risks within delegated authority limits.

Review and assess new and renewal submissions and negotiate terms and conditions with brokers and clients. You will manage and monitor the performance of the property insurance portfolio, building and maintaining strong relationships with brokers and intermediaries.

Duties will also include analysing risk information and applying sound judgement to make informed underwriting decisions as well as identify and assess risk exposures.What you'll need to succeedYour previous experience working as an Underwriter who has experience underwriting Property Owners risks ideally in the London Market, or you will have Underwriting experience and will cross train into Property will contribute to your success in securing this role.

Progress towards or achieved CII or ACII qualification is advantageous. You will have an ability to assess and analyse complex risks and make sound underwriting decisions based on data and market insights, a proven ability to negotiate terms and conditions with brokers and clients and strong interpersonal and communication skills to build and maintain relationships. You will also have a high level of accuracy and attention to detail in underwriting, policy documentation and reporting, regulatory awareness and the ability to collaborate with cross-functional teams.What you'll get in returnThis role will be homebased with occasional travel to London.

You'll be offered a competitive salary of up to £50,000, depending on experience and performance-based bonuses. You'll receive support from both Directors and Managers and be given the opportunity for career development and professional growth. You'll enjoy the comprehensive benefits package including pension, healthcare and insurance as well as a positive company culture and flexible working.What you need to do nowIf you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.

Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk

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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.