At a Glance
- Tasks: Underwrite business, develop strategies, and build strong client relationships.
- Company: Join a collaborative and innovative company that enables possibilities.
- Benefits: Competitive salary, flexible work environment, and opportunities for professional growth.
- Other info: Great career development opportunities and a supportive team culture.
- Why this job: Solve complex problems and work with talented colleagues in a dynamic setting.
- Qualifications: Enthusiastic, detail-oriented, and able to thrive under pressure.
The predicted salary is between 36000 - 60000 £ per year.
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.
Key Responsibilities:
- Responsible for underwriting business on behalf of the syndicate within the parameters of the Syndicate Business Forecast (SBF) and the Syndicate Underwriting Guidelines (SUG's).
- Assist the BGL in development of long/short term strategy, and SBF for relevant class of business.
- Assist the 'Head of' in the planning and negotiation of outward reinsurance in accordance with Company corporate standards and SBF.
- Build and maintain good client and broker relationships to access new and renewal business in accordance with our SBF.
- Provide a high quality service to brokers and customers and ensure timely responsiveness to business flow.
- Ensure that the monitoring of underwriting activities, risk controls and compliance checks are in accordance with the SUG's and Class of Business (COB) Guidelines.
- Ensure that syndicate management reporting requirements, premium income monitoring, Management Information (MI) and Key Performance Indicators (KPI's) are complied with.
- Ensure that underwriting administration processes including risk recording and Performance Management Data (PMD) rate change information is in accordance with SUG's.
- Manage and maintain aggregate exposure management/ Realistic Disaster Scenario (RDS's) within the agreed limits, ensuring that at all times the Exposure Management Team have access to up to date exposure data.
- Ensure that underwriting staff are effectively managed and trained.
- Participate in committees as requested.
- Working in conjunction with Solvency II guidelines and within given parameters.
Minimum Qualifications, Skills and Experience:
- Enthusiastic, hardworking and driven individual with a focus on providing the best possible service.
- Can demonstrate ability to work in a busy office environment, prioritise and organise workload in order to meet deadlines.
- Able to learn and take on new tasks quickly and use own initiative to explore possibilities before raising queries.
- Demonstrates pride in delivering excellent, quality service and endeavours to exceed expectations.
- Attention to detail in producing high quality output and able to maintain this when under pressure.
- Excellent communication skills with confidence to ask questions to ensure job requirements and underwriting matters are understood.
- Commitment to identify opportunities to increase efficiency and quality of operational support evidenced through previous achievements.
- Proactive, showing initiative when completing tasks by pre-empting issues and proposing solutions for them.
- Confidence in building rapport and trust with a range of internal and external stakeholders.
- Flexible approach to work.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you.
Underwriter/Senior Underwriter, NACT in London employer: Arch Capital Group
At Arch Europe Insurance Services Ltd, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to reach their full potential. As a Senior Ceded Re Technician, you will benefit from extensive professional growth opportunities while working in a dynamic environment that values teamwork and continuous improvement. Located in a vibrant area, our company not only supports your career development but also encourages a healthy work-life balance, making it an excellent place for meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter/Senior Underwriter, NACT in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend events, and engage on platforms like LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and understanding their culture. We want you to show how you can contribute to their goals and values. Practice common interview questions and think about how your skills align with the role of an Underwriter.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the position. We recommend mentioning something specific from the interview to remind them of your conversation.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, you can set up job alerts to stay updated on new openings that match your skills and interests.
We think you need these skills to ace Underwriter/Senior Underwriter, NACT in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Underwriter role. Highlight your ability to manage risk, build relationships, and deliver quality service, as these are key in our industry.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about underwriting and how you can contribute to our collaborative culture. Share specific examples of how you've solved complex problems or improved processes in previous roles.
Showcase Your Attention to Detail:In underwriting, attention to detail is crucial. Ensure your application is free from errors and clearly formatted. This not only shows your professionalism but also your commitment to delivering high-quality work.
Apply Through Our Website:We encourage you to apply directly through our website. This way, you’ll have access to all the latest job openings and updates. Plus, it helps us keep track of your application more efficiently!
How to prepare for a job interview at Arch Capital Group
✨Know Your Underwriting Basics
Before the interview, brush up on your underwriting knowledge, especially related to the Syndicate Business Forecast and Syndicate Underwriting Guidelines. Being able to discuss these concepts confidently will show that you understand the core responsibilities of the role.
✨Showcase Your Problem-Solving Skills
Prepare examples from your past experiences where you've successfully solved complex business problems. Highlight how your innovative mindset contributed to achieving goals, as this aligns with the company's culture of enabling possibility.
✨Build Rapport with Interviewers
Practice your communication skills to ensure you can build rapport with the interviewers. Be friendly, ask insightful questions, and demonstrate your ability to connect with both internal and external stakeholders, which is crucial for maintaining good client and broker relationships.
✨Demonstrate Attention to Detail
During the interview, be prepared to discuss how you maintain high-quality output under pressure. Share specific instances where your attention to detail has positively impacted your work, especially in relation to compliance checks and risk controls.
