Underwriter, Facultative
Underwriter, Facultative

Underwriter, Facultative

Full-Time 36000 - 60000 Β£ / 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 Arch Re, a leader in the re/insurance industry with a collaborative culture.
  • Benefits: Competitive salary, travel opportunities, and professional development.
  • Why this job: Solve complex problems and work with talented colleagues in a dynamic environment.
  • Qualifications: University degree required; experience in re/insurance is a plus.
  • Other info: Expect UK and international travel while enjoying excellent career growth.

The predicted salary is between 36000 - 60000 Β£ per year.

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.

Underwriter, Facultative employer: Arch

Arch Re is an exceptional employer that fosters a collaborative and innovative work culture, making it an ideal place for Underwriters looking to thrive in their careers. With a strong emphasis on professional development, employees benefit from ongoing training and opportunities to build meaningful relationships with clients and brokers across the UK and internationally. The dynamic environment encourages flexibility and creativity, ensuring that every team member can contribute to impactful solutions while enjoying a supportive atmosphere.
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Contact Detail:

Arch Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Underwriter, Facultative

✨Tip Number 1

Network like a pro! Reach out to your contacts in the industry, especially those who work with brokers and cedants. A friendly chat can lead to opportunities you might not find on job boards.

✨Tip Number 2

Show off your knowledge! When you get the chance to meet clients or brokers, be ready to discuss market trends and regulations. This will demonstrate your expertise and help build trust.

✨Tip Number 3

Be proactive! Don’t wait for job openings to pop up. Reach out to companies you admire, like Arch, and express your interest. You never know when they might have a role that fits you perfectly.

✨Tip Number 4

Join our talent community! By creating an account on our website, you can stay updated on new job openings and share your preferences directly with our Talent Acquisition team. It’s a win-win!

We think you need these skills to ace Underwriter, Facultative

Underwriting
Client Interaction
Market Analysis
Risk Assessment
Relationship Building
Knowledge of Insurance Law and Regulation
Communication Skills
Negotiation Skills
Team Orientation
Ability to Work Under Pressure
Interpersonal Skills
Professional Designations (ACII, CPCU)
Flexibility
Problem-Solving Skills

Some tips for your application 🫑

Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Underwriter role. Highlight your underwriting experience, client interaction skills, and any relevant qualifications like ACII or CPCU.

Craft a Compelling Cover Letter: Use your cover letter to tell us why you're the perfect fit for this position. Share specific examples of how you've successfully interacted with clients and brokers in the past, and show off your knowledge of the market.

Showcase Your Communication Skills: Since this role involves a lot of client interaction, make sure your written application is clear and professional. Use a friendly tone but keep it concise and to the point – we want to see your personality shine through!

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 allows us to keep track of all applicants efficiently.

How to prepare for a job interview at Arch

✨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 under pressure. Prepare examples of how you've contributed to team success in previous roles, as this will resonate well with the interviewers looking for a team-oriented candidate.

Underwriter, Facultative
Arch

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