Underwriter, Facultative in London

Underwriter, Facultative in London

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Underwrite and interact with clients, analysing risks and building relationships.
  • Company: Join a collaborative and innovative company that enables possibilities.
  • Benefits: Competitive salary, professional development, and opportunities for travel.
  • Why this job: Solve complex problems and work with talented colleagues in a dynamic environment.
  • Qualifications: University degree required; industry experience and strong communication skills preferred.
  • Other info: Expect UK and international travel while enjoying excellent career growth opportunities.

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 PossibilitySM.

The primary responsibility of this role is a mix of underwriting and client interaction – two dynamic areas requiring flexibility of approach and a detailed knowledge of the market environment you operate within. You will be working directly with clients and brokers.

Responsibilities
  • Underwriting for new and existing clients in accordance with the Arch Re underwriting philosophy.
  • Analyse and assess Property submissions in respect of coverage and risk hazards, determine capacity and offer proposals for lead or follow business.
  • Broker and cedant visits/calls to develop relationships with individual client contacts.
  • Build and maintain knowledge of the geographic markets you operate in with respect to wording, law, regulation as well as brokers and competitors.
  • Provide timely and quality service.
  • Promote positive interaction and collaboration with internal peers.
  • Communicate actively, timely and with openness.
  • Represent Arch Re in meetings with clients and brokers.
Minimum Qualifications, Skills and Experience
  • A University Degree required; professional re/insurance designations such as ACII or CPCU would be an asset.
  • Currently working in the market with a good track record and have contacts with both cedants and brokers.
  • Proven ability to market to individuals in the industry at all levels.
  • Strong interpersonal and communication skills and the ability to work with management at a senior level.
  • Demonstrated ability on being team-orientated, efficient and working under pressure.
  • Excellent negotiation skills.
  • UK & international travel is expected for this position.

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, Facultative in London employer: Arch Capital Services LLC

At Arch Reinsurance, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to reach their full potential. As an Underwriter in our UK branch, you will benefit from a dynamic environment that encourages professional growth through direct client interaction and market engagement, all while being part of a team that values open communication and mutual support. With opportunities for travel and relationship-building within the industry, Arch Re is an excellent employer for those seeking meaningful and rewarding careers in reinsurance.
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Contact Detail:

Arch Capital Services LLC Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriter, Facultative in London

✨Tip Number 1

Network like a pro! Reach out to your contacts in the industry, especially those who know the ins and outs of underwriting. A friendly chat can lead to opportunities you might not find on job boards.

✨Tip Number 2

Show off your expertise! When you get the chance to meet clients or brokers, be ready to discuss market trends and your insights. This will not only showcase your knowledge but also build trust.

✨Tip Number 3

Be proactive! If you see a potential client or broker that aligns with your skills, don’t wait for them to come to you. Reach out directly and express your interest in collaborating.

✨Tip Number 4

Keep an eye on our website! We regularly post new opportunities, and applying through our site gives you a better chance to stand out. Plus, you can set up job alerts to stay in the loop!

We think you need these skills to ace Underwriter, Facultative in London

Underwriting
Client Interaction
Market Analysis
Risk Assessment
Relationship Building
Knowledge of Geographic Markets
Communication Skills
Negotiation Skills
Team Orientation
Ability to Work Under Pressure
Professional Re/Insurance Designations (ACII, CPCU)
Interpersonal Skills
Flexibility of Approach

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 underwriting experience, client interaction skills, and any relevant qualifications like ACII or CPCU.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a great fit for our team at Arch Re. Don’t forget to mention your understanding of the market environment!

Showcase Your Communication Skills: Since this role involves a lot of client interaction, make sure to demonstrate your strong interpersonal and communication skills in your application. Use clear and concise language to convey your ideas effectively.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows your enthusiasm for joining our collaborative culture at Arch Re!

How to prepare for a job interview at Arch Capital Services LLC

✨Know Your Underwriting Inside Out

Make sure you brush up on your underwriting knowledge, especially regarding property submissions and risk analysis. Familiarise yourself with Arch Re's underwriting philosophy so you can discuss how your experience aligns with their approach.

✨Build Rapport with Brokers and Clients

Since this role involves a lot of client interaction, practice your communication skills. Think about how you can establish strong relationships with brokers and cedants during the interview. Share examples of how you've successfully built connections in the past.

✨Stay Updated on Market Trends

Research the current market environment, including regulations and competitors. Being able to discuss recent trends or changes in the industry will show that you're proactive and knowledgeable, which is crucial for this role.

✨Demonstrate Team Spirit

Highlight your ability to work collaboratively with peers. Prepare examples of how you've contributed to team success in previous roles, especially under pressure. This will resonate well with the company's culture of collaboration and innovation.

Underwriter, Facultative in London
Arch Capital Services LLC
Location: London
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