Senior Underwriter - Property Facultative | London, UK | Hybrid

Senior Underwriter – Property Facultative

Senior Underwriter – Property Facultative

HFG London, United Kingdom Apply now Posted 2 days ago | Hybrid | Permanent | Negotiable

New Vacancy – Senior Underwriter (Property Facultative)
Lloyd\’s Syndicate
City of London

I am currently recruiting for a leading Lloyd\’s Syndicate seeking a Property Facultative Underwriter to join their growing team.

The ideal candidate will have 10+ years of experience underwriting Property business, primarily from a Facultative perspective. The role focuses on international business and writing on an XOL basis, though experience with primary business is also considered. You will join a team of 6, with a significant fire severe book.

Key Responsibilities

• Assist in creating and implementing the business plan for the portfolio.
• Support the execution of the business plan, making strategic decisions as needed.
• Participate in meetings to exchange ideas, strategies, and best practices.
• Promote the department and company to maximize brand exposure.
• Implement reinsurance strategies to protect the portfolio.
• Manage complex reinsurance activities in compliance with legal and regulatory standards.
• Adhere to underwriting standards and guidelines to manage risk and improve efficiency.
• Assess and record insurance risks accurately, including Delegated Underwriting Authorities, and develop or adjust policy wordings as necessary.
• Apply reinsurance requirements to mitigate risk and meet business objectives.
• Engage in continuous learning to enhance technical expertise.
• Underwrite complex risks, negotiate rates and terms, and ensure compliance with regulations and internal standards.
• Contribute to portfolio review and analysis to monitor progress towards business goals.
• Ensure thorough risk assessment and compliance with underwriting standards and authorities.

Since 2002, HFG has been a trusted name in insurance recruitment, recognizing and embracing the unique aspects of the industry.

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