At a Glance
- Tasks: Underwrite business, develop strategies, and build client relationships in a dynamic environment.
- Company: Join Arch Re, a collaborative and innovative insurance company.
- Benefits: Full-time role with opportunities for growth and professional development.
- Other info: Flexible work approach with excellent career advancement opportunities.
- Why this job: Make a real impact in the insurance industry while working with a supportive team.
- Qualifications: Enthusiastic individuals with strong communication skills and attention to detail.
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.
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.
Underwriter/Senior Underwriter, NACT in London employer: Arch Re
Contact Detail:
Arch Re Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter/Senior Underwriter, NACT in London
✨Tip Number 1
Networking is key! Get out there and connect with professionals in the insurance industry. Attend events, join online forums, and don’t be shy to reach out on LinkedIn. We can help you find opportunities that might not even be advertised!
✨Tip Number 2
Prepare for interviews like a pro! Research the company, understand their values, and think about how your skills align with their goals. We recommend practising common interview questions and having a few of your own ready to show your interest.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in making a lasting impression. It shows your enthusiasm for the role and keeps you fresh in their minds. We suggest mentioning something specific from your conversation to make it personal.
✨Tip Number 4
Don’t forget to apply through our website! We often have exclusive listings and resources that can give you an edge. Plus, it’s a great way to stay updated on new openings tailored to 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/Senior Underwriter role. Highlight your expertise in underwriting, client relationships, and any relevant achievements that showcase your ability to meet the job requirements.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention your commitment to providing excellent service and your proactive approach to problem-solving.
Showcase Your Communication Skills: Since communication is key in this role, make sure your application is clear and concise. Use professional language but keep it friendly. We want to see your personality shine through while still being professional!
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s super easy and ensures your application goes straight to the right people. Plus, we love seeing candidates who take the initiative to connect with us directly!
How to prepare for a job interview at Arch Re
✨Know Your Underwriting Basics
Make sure you brush up on the key principles of underwriting, especially those relevant to the NACT role. Familiarise yourself with the Syndicate Business Forecast and Syndicate Underwriting Guidelines, as these will likely come up during your interview.
✨Showcase Your Client Relationship Skills
Since building and maintaining relationships is crucial for this role, prepare examples of how you've successfully managed client or broker relationships in the past. Highlight your communication skills and any strategies you've used to exceed client expectations.
✨Demonstrate Your Problem-Solving Abilities
Be ready to discuss situations where you've identified opportunities for efficiency or quality improvements. Think of specific instances where you proactively proposed solutions to issues, as this aligns with the company's focus on innovation.
✨Prepare Questions About Company Culture
Since the company values collaboration and innovation, come prepared with questions that show your interest in their culture. Ask about team dynamics, how they encourage professional development, or how they handle challenges in a busy office environment.