At a Glance
- Tasks: Underwrite Casualty Treaty business and manage a profitable portfolio in the London Market.
- Company: Join Argenta Group, a leading player in the Lloyd's market with a rich history.
- Benefits: Competitive salary, professional development, and a supportive team culture.
- Other info: Mentorship opportunities and a collaborative culture await you.
- Why this job: Make an impact in a dynamic environment while developing your underwriting expertise.
- Qualifications: Significant Casualty underwriting experience and strong broker relationships required.
The predicted salary is between 60750 - 74250 £ per year.
Argenta Group is headquartered in London and has a presence in Australia, employing circa 300 people globally.
We are proud of our unique and rich history of trading in the Lloyd’s market, both as a Syndicate and Members’ Agency, and to be part of the Hannover Re Group.
Our long standing workforce are our greatest asset; the expertise and knowledge they bring has resulted in our successful track record and continues to shape our future growth strategy.
About the role
To underwrite a profitable portfolio of Casualty Treaty business within the London Market, delivering sustainable growth through disciplined risk selection, strong broker relationships, technical underwriting expertise and effective portfolio management.
The role is responsible for achieving underwriting performance targets while operating within delegated underwriting authority, risk appetite and regulatory requirements.
The Casualty Treaty Underwriter will act as a recognised technical specialist within the team, contributing to underwriting strategy, mentoring junior colleagues and supporting the continued development of the Argenta Casualty portfolio.
Key Responsibilities
- Underwriting
- Underwrite Casualty risks in accordance with delegated authority and underwriting appetite.
- Evaluate submissions, price risks appropriately and negotiate terms and conditions.
- Exercise sound underwriting judgement to achieve profitable growth.
- Prepare and present referrals where required.
- Ensure underwriting files and decision-making are fully documented and compliant.
- Participate in the development of business plans, budgets, and long-term objectives.
- Use market, financial, operational, and client insights to help shape and challenge business strategy.
- Identify risks, opportunities, and emerging trends that could affect business performance.
- Support leadership decision-making with data, experience, and commercial judgment.
- Portfolio Management
- Manage an allocated portfolio to deliver premium, profitability and growth objectives.
- Monitor loss ratio, rate adequacy, exposure management and accumulation metrics.
- Identify portfolio trends and recommend corrective action where necessary.
- Support business planning and portfolio optimisation initiatives.
- Broker and Market Relationships
- Build and maintain strong relationships with London Market and Lloyd's brokers.
- Represent the business in broker meetings, market presentations and industry events.
- Develop new business opportunities consistent with underwriting strategy.
- Enhance the profile and reputation of the Casualty account within the market.
- Technical Expertise
- Provide technical guidance and referral support to junior underwriters and underwriting assistants.
- Maintain strong awareness of casualty market developments, legal trends and claims activity.
- Contribute to wording discussions and product development activities.
- Promote underwriting discipline and best practice across the team.
- Governance and Compliance
- Ensure compliance with underwriting authorities, Lloyd's Minimum Standards and internal governance requirements.
- Operate in accordance with FCA, PRA and Lloyd's regulatory expectations.
- Support audit, risk management and exposure management activities.
- Maintain accurate underwriting records and management information.
- Team Contribution
- Mentor and support the development of assistant and developing underwriters.
- Contribute to a collaborative, inclusive and high-performance culture.
- Share knowledge and market intelligence across the underwriting function.
- Support strategic projects and wider underwriting initiatives.
- Financial Accountability
- Delivery of premium income and profitability targets for the allocated portfolio.
- Underwriting performance against planned loss ratio and combined ratio objectives.
- Portfolio retention, rate change and new business growth.
- Effective deployment of underwriting capacity within delegated authority.
- Knowledge, Skills and Experience
Essential
- Significant Casualty underwriting experience in the Lloyd's or London Market.
- Proven track record of profitable underwriting performance.
- Strong technical knowledge of Casualty classes and coverage.
- Established broker relationships.
- Excellent negotiation and relationship management skills.
- Commercially focused with strong analytical capability.
- Experience operating within delegated underwriting authority.
- Strong understanding of Lloyd's and FCA regulatory requirements.
- Ability to assess complex risks and make sound underwriting decisions.
Desirable
- ACII qualified or working towards qualification.
- Experience of international casualty business.
- Exposure to portfolio management and business planning.
- Experience mentoring or developing junior underwriters.
- Values
- Integrity:
Hold ourselves & each other to the highest standards. Speak openly with candour and respect. Do the right thing even when it's difficult. - Curiosity:
Have the courage to ask questions. Challenge the status quo. Think differently to find solutions. - Empowerment:
Trust each other. Be ambitious. Be accountable and own the delivery. - Collaboration:
Work together forshared goals. Be supportive and kind to help each other succeed. Invest in relationships that are built to last.
Underwriter - Casualty Treaty in London employer: Argenta Group
Argenta Group is an excellent employer that values detail-oriented professionals and fosters a collaborative work culture. Located in a dynamic environment, employees benefit from comprehensive training and development opportunities, ensuring personal and professional growth. With a strong emphasis on governance and compliance, team members are empowered to make meaningful contributions while enjoying a supportive atmosphere.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter - Casualty Treaty in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Argenta Group). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Argenta Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Underwriter - Casualty Treaty in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Argenta Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Argenta Group. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Argenta Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Argenta Group to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Argenta Group, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Argenta Group's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
