Underwriter, Facultative

Underwriter, Facultative

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: Great career growth potential and a chance to make a real impact.

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 Possibilityâ„ .

Position Summary

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.

Key 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. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

Underwriter, Facultative employer: ARCH EUROPE INSURANCE SERVICES LTD

At Arch Re, 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 dynamic team, you will benefit from extensive professional development opportunities, a supportive environment, and the chance to build meaningful relationships with clients and brokers across diverse geographic markets. Join us in enabling possibilities and making a significant impact in the reinsurance industry.
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Contact Detail:

ARCH EUROPE INSURANCE SERVICES LTD Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriter, Facultative

✨Tip Number 1

Networking is key! Get out there and connect with industry professionals, especially brokers and cedants. Attend events, join online forums, and don’t be shy to reach out on LinkedIn – you never know who might help you land that perfect role!

✨Tip Number 2

Practice your pitch! When you get the chance to meet clients or brokers, make sure you can clearly articulate your experience and how it aligns with their needs. A confident and concise introduction can set you apart from the crowd.

✨Tip Number 3

Stay updated on market trends! Knowledge of the latest developments in the insurance sector will not only boost your confidence but also impress potential employers. Show them you’re proactive and passionate about the industry.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, creating a job alert means you’ll be the first to know about new opportunities that fit your skills and interests.

We think you need these skills to ace Underwriter, Facultative

Underwriting
Client Interaction
Market Analysis
Risk Assessment
Relationship Building
Knowledge of Geographic Markets
Communication Skills
Team Orientation
Negotiation Skills
Professional Designations (ACII, CPCU)
Ability to Work Under Pressure
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 and any relevant qualifications like ACII or CPCU to catch our eye!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to showcase your understanding of the market and how your background makes you a great fit for our team. Don’t forget to mention your interpersonal skills and ability to build relationships!

Showcase Your Flexibility: Since this role requires a mix of underwriting and client interaction, be sure to demonstrate your adaptability in your application. Share examples of how you've successfully navigated different situations in your previous roles.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!

How to prepare for a job interview at ARCH EUROPE INSURANCE SERVICES LTD

✨Know Your Underwriting Inside Out

Make sure you brush up on the underwriting philosophy of the company. Understand the key aspects of property submissions, risk hazards, and how to determine capacity. This knowledge will not only help you answer questions confidently but also show your genuine interest in the role.

✨Build Rapport with Brokers and Clients

Since this role involves a lot of client interaction, practice how you can establish relationships with brokers and cedants. Think of examples from your past experiences where you've successfully built connections. Being personable and approachable can set you apart during the interview.

✨Stay Updated on Market Trends

Familiarise yourself with the current market environment, including regulations and competitors. This will allow you to speak intelligently about the industry during your interview. Showing that you’re proactive about staying informed can impress your interviewers.

✨Demonstrate Team Spirit

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

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