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.
- Why this job: Make a real impact in the insurance industry while enabling possibilities for clients.
- Qualifications: Enthusiastic individuals with strong communication skills and attention to detail.
- Other info: Flexible work approach with a focus on efficiency and quality.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Underwriter/Senior Underwriter, NACT – Arch Re
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„ .
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
13021 Arch Underwriters Europe Limited – London Branch
Job Details
- Seniority level: Mid-Senior level
- Employment type: Full-time
- Job function: Finance and Sales
- Industries: Insurance
London, England, United Kingdom
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Underwriter/Senior Underwriter, NACT employer: Arch Re
Contact Detail:
Arch Re Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter/Senior Underwriter, NACT
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work in underwriting. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their Syndicate Business Forecast and Underwriting Guidelines so you can speak their language and show you're the right fit.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills align with their needs, especially around client relationships and compliance checks. Confidence is key, so rehearse until it feels natural.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Underwriter/Senior Underwriter, NACT
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 you can contribute to our mission of enabling possibility. Be sure to mention specific examples from your past that demonstrate your skills and commitment.
Showcase Your Attention to Detail: In underwriting, attention to detail is key. Make sure your application is free from typos and errors. This not only shows your professionalism but also reflects your ability to produce high-quality output under pressure.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of success. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive!
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. Understand the Syndicate Business Forecast and Syndicate Underwriting Guidelines inside out, as these will likely come up during your interview.
✨Showcase Your Client Relationship Skills
Be prepared to discuss how you've built and maintained relationships with clients and brokers in the past. Share specific examples that highlight your ability to provide high-quality service and responsiveness, as this is crucial for the role.
✨Demonstrate Your Attention to Detail
Since the job requires a keen eye for detail, think of instances where your attention to detail made a difference in your work. Be ready to explain how you ensure compliance with guidelines and manage risk effectively.
✨Exhibit Your Proactive Approach
Prepare to talk about times when you took the initiative to solve problems or improve processes. This role values efficiency and quality, so showcasing your proactive mindset will set you apart from other candidates.