At a Glance
- Tasks: Analyse and optimise portfolio performance while developing profitable underwriting strategies.
- Company: Atrium, a historic insurer with a client-first approach and a collaborative culture.
- Benefits: Flexible working arrangements, commitment to diversity, and opportunities for personal growth.
- Other info: Dynamic environment with a focus on career development and teamwork.
- Why this job: Join a respected team and make a real impact in the insurance industry.
- Qualifications: Experience in underwriting with strong analytical and communication skills.
The predicted salary is between 36000 - 60000 £ per year.
About Atrium
In a world of constant change, you need an insurer who has stood the test of time. Our reputation is built on consistency, expertise, and a client-first approach. We manage Syndicate 609, one of the oldest syndicates at Lloyd’s, with a history going back to the 1930s. Our longevity reflects the strength of our underwriting discipline, the depth of our relationships, and our ability to adapt to the evolving needs of our clients and the wider insurance marketplace.
We’re all in it together at Atrium. We are committed to creating an environment where people learn, grow, and follow what they’re passionate about. Our culture encourages staff to feel confident in making decisions at any stage of their career and do work that makes them proud, knowing they’re playing a valuable role in shaping the success of the business.
We have a fantastic opportunity for an experienced Portfolio Underwriter to take ownership of the performance and profitability of key commercial products and portfolios.
Role
- Analyse and review portfolio performance to ensure optimisation, resilience and profitable outcomes through the cycle.
- Define, develop, and deliver the underwriting strategy for the cross-class portfolios, ensuring that the annual business plan is written profitably and within all agreed risk constraints/aggregate budgets, with a view to long term expansion of the portfolio and proposition.
- Bring an understanding of the Lloyd’s and global market.
- Continually monitor risk appetite patterns to drive the team’s portfolio strategy, maintaining profitability targets.
- Hold strong senior market relationships to enable the development of a profitable portfolio and continue to build new global relationships to access distribution channels.
- Clearly document and regularly update the underwriting strategy and maintain up-to-date appetite to reflect the market conditions.
- Focus on areas of the portfolio and review based on distribution partner and market feedback.
- Work with the distribution partners on development and management of the underwriting strategy and portfolio management.
- Develop the revenue strategy with input from the exposure management team to optimise revenue generation and business mix.
- Work with the actuarial function (especially capital) to ensure understanding and alignment of the portfolio strategy with the capital strategy.
- Work with the active underwriter on communications with and reports for capital providers.
Required Knowledge and Skills
- Previous experience across Underwriting in either the Lloyds or company market.
- Strong analytical and decision-making skills.
- A strong commercial understanding of underwriting. Able to assimilate into strategic discussions around the structuring and management of portfolios.
- Track record of success in the development and execution of commercially viable strategies, with high standards of delivery in a timely, cost-effective way.
- Excellent negotiation, communication, and presentation skills to drive revenue and business development opportunities across our distribution network.
- Strong organisational credentials to help drive a dynamic team to deliver the revenue strategy in a coherent manner.
Atrium offers all permanent employees the chance to work flexibly through our charter for flexible working - we actively invite applications from candidates requiring any form of flexible working arrangements.
Atrium is an Equal Opportunities employer with a strong and passionate commitment to Diversity, Equity, and Inclusion. Atrium actively invites applications from candidates requiring any form of flexible working arrangements. We do not discriminate based upon age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation, or any other applicable legally protected characteristic. We’re committed to providing reasonable adjustments or accommodations for applicants, so if you need assistance or support during the recruitment process, please get in touch.
Portfolio Underwriter in London employer: Atrium
Atrium is an exceptional employer that fosters a culture of growth and collaboration, allowing employees to thrive in their careers while contributing to the success of one of the oldest syndicates at Lloyd’s. With a strong commitment to diversity, equity, and inclusion, Atrium offers flexible working arrangements and encourages staff to take ownership of their roles, ensuring they feel valued and empowered in a dynamic environment. The opportunity for professional development and the chance to build meaningful relationships within the global insurance market make Atrium a rewarding place to work.
StudySmarter Expert Advice🤫
We think this is how you could land Portfolio Underwriter in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those with ties to Lloyd’s. A friendly chat can open doors and give you insights that might just land you that Portfolio Underwriter role.
✨Tip Number 2
Prepare for interviews by brushing up on your analytical skills and understanding of underwriting strategies. Be ready to discuss how you can optimise portfolio performance and drive profitability – that’s what they want to hear!
✨Tip Number 3
Showcase your commercial understanding! When you get the chance, highlight your experience in developing and executing successful strategies. Use specific examples to demonstrate how you’ve made an impact in previous roles.
✨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 Portfolio Underwriter in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Portfolio Underwriter role. Highlight your experience in underwriting, especially within the Lloyd's market, and showcase how your skills align with Atrium's client-first approach.
Showcase Your Analytical Skills:Since strong analytical skills are key for this role, don’t shy away from sharing specific examples of how you've successfully analysed portfolio performance in the past. We want to see how you can optimise and drive profitability!
Highlight Your Relationships:Atrium values strong senior market relationships, so be sure to mention any relevant connections you have. Talk about how these relationships have helped you develop profitable portfolios and access distribution channels.
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 shows you’re keen on joining our team at Atrium!
How to prepare for a job interview at Atrium
✨Know Your Numbers
As a Portfolio Underwriter, you'll need to demonstrate strong analytical skills. Brush up on key metrics related to portfolio performance and profitability. Be ready to discuss how you've used data to make decisions in your previous roles.
✨Understand the Market
Familiarise yourself with the Lloyd’s market and global insurance trends. Show that you can adapt to changing conditions and have a solid grasp of risk appetite patterns. This will help you stand out as someone who can contribute to Atrium's strategic discussions.
✨Build Relationships
Atrium values strong senior market relationships. Prepare examples of how you've developed and maintained partnerships in the past. Highlight your negotiation and communication skills, as these will be crucial for driving revenue and business development.
✨Align with Company Values
Atrium is all about a client-first approach and fostering a supportive environment. Be ready to discuss how your personal values align with theirs. Share experiences where you've contributed to a positive team culture or made decisions that benefited clients.
