At a Glance
- Tasks: Underwrite global property risks and collaborate with brokers for profitable growth.
- Company: Join Canopius, a leading global specialty lines (re)insurer in the heart of London.
- Benefits: Enjoy hybrid working, competitive salary, health cover, and a supportive work culture.
- Other info: Embrace a culture of diversity and continuous improvement in a flexible work environment.
- Why this job: Make an impact in a dynamic team while developing your underwriting skills.
- Qualifications: Experience in property underwriting or broking with strong analytical and communication skills.
The predicted salary is between 60000 - 80000 € per year.
The Property Direct & Facultative Underwriting Team at Canopius is based in London and writes a diversified portfolio of global property risks. We are looking for an experienced International Property Underwriter to support the development, renewal and underwriting of the Property D&F portfolio, working closely with brokers and internal stakeholders to deliver profitable growth aligned to the Canopius business plan and risk appetite. The successful candidate will demonstrate strong technical underwriting judgement, commercial acumen, and the ability to build effective broker relationships, while contributing positively to a collaborative and high-performing underwriting team. This role offers the opportunity to be part of an established and well-regarded Property D&F platform, underwriting individual risks end‑to‑end.
Key Responsibilities
- Execute new and renewal underwriting for the Property D&F portfolio in line with Canopius’ underwriting strategy, guidelines and delegated authority.
- Contribute to the planning and delivery of the Property D&F business plan, including growth, retention and profitability objectives.
- Price and structure risks in accordance with agreed pricing frameworks, underwriting appetite and risk return expectations.
- Maintain and develop trusted relationships with intermediary partners to support sustainable flow of quality business.
- Monitor and communicate key portfolio metrics including production, hit ratios, renewal retention, spread of risk and quality measures.
- Support effective portfolio and aggregation management, including exposure monitoring and risk diversification.
- Ensure compliance with external regulatory requirements and internal underwriting, authority and documentation standards.
- Monitor changes in laws, regulation and market conditions that may impact the Property D&F portfolio.
- Contribute to continuous improvement of underwriting processes, tools and ways of working.
- Work collaboratively with colleagues across underwriting, operations, claims and actuarial to deliver portfolio objectives.
Skills And Experience
- Lloyd’s or company market experience in Property underwriting or broking in a client or broker‑facing role.
- Technical experience of Property Direct & Facultative underwriting across domestic and/or international markets.
- Strong understanding of individual risk assessment, pricing and underwriting discipline within D&F business.
- Working knowledge of catastrophe modelling tools and exposure management at risk and portfolio level.
- Advanced IT skills including Word, Excel, PowerPoint and Outlook.
- Excellent written and verbal communication skills with the ability to articulate underwriting decisions clearly.
- Strong analytical skills with the ability to interpret complex risk information and data.
- Well‑developed commercial judgement and problem‑solving capability.
Competencies
- Stakeholder engagement – Cultivates and maintains positive relationships with relevant internal or external stakeholders, effectively involving and communicating with them to drive collaboration, support, and alignment towards shared goals.
- Collaboration And Teamwork – Works effectively with team, project or other work groups or those outside formal line of authority to accomplish goals.
- Adapting To Change – Adjusts thoughts, feelings, and behaviours to handle new, challenging, or complex situations; embracing change as a growth opportunity when working within new work structures, processes, regulations, or requirements.
- Continuous Improvement – Analyzes current and future state business requirements and identify strategies to continuously improve products, services or processes.
- Innovation – Creates, develops and implements new ideas to enhance new or improved processes, systems, solutions, products or services.
- Resilience – The ability to cope with and recover from setbacks, challenges or difficulty.
- Future Focused – Anticipates changes in regulations, technology and client needs, proactively responding to key trends happening in the industry.
Our Benefits
We offer a comprehensive benefits package that focuses on whole wellbeing, including hybrid working, a competitive base salary, non-contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.
About Canopius
Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda. At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results. Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected. We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds. We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.
Underwriter, International Property employer: Canopius Group
Canopius is an exceptional employer, offering a dynamic and inclusive work environment in the heart of London. With a strong focus on employee wellbeing, we provide a comprehensive benefits package, including hybrid working options, competitive salaries, and opportunities for professional growth within a collaborative and high-performing team. Join us to be part of a respected global leader in the insurance market, where your contributions are valued and recognised.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter, International Property
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, especially those in property underwriting. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. Building relationships can open doors to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by researching Canopius and understanding their underwriting strategy. Be ready to discuss how your experience aligns with their goals. Practise common interview questions and think of examples that showcase your technical skills and commercial acumen.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role. Mention something specific from the conversation to remind them of your fit for the team. It’s a simple gesture that keeps you on their radar.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of the Canopius team. So, get clicking and make your move!
We think you need these skills to ace Underwriter, International Property
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Underwriter role. Highlight your experience in Property underwriting and any relevant skills that match the job description. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Be sure to mention your experience with brokers and your understanding of risk assessment.
Showcase Your Analytical Skills:Since this role requires strong analytical skills, make sure to include examples of how you've interpreted complex data in your previous roles. We love seeing how you’ve tackled challenges and made informed decisions!
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 Canopius!
How to prepare for a job interview at Canopius Group
✨Know Your Underwriting Stuff
Make sure you brush up on your technical underwriting knowledge, especially in Property Direct & Facultative. Be ready to discuss specific risks you've assessed and how you approached pricing and structuring them. This will show that you have the expertise Canopius is looking for.
✨Build Broker Relationships
Since this role involves working closely with brokers, think of examples where you've successfully built and maintained relationships in the past. Be prepared to share how you’ve navigated challenges and fostered collaboration to achieve mutual goals.
✨Stay Ahead of Market Trends
Familiarise yourself with current market conditions and any recent changes in regulations that could impact the Property D&F portfolio. Showing that you’re proactive about industry trends will demonstrate your commitment to continuous improvement and future-focused thinking.
✨Showcase Your Analytical Skills
Prepare to discuss how you've used data to inform your underwriting decisions. Bring examples of how you've interpreted complex risk information and how that has led to successful outcomes. This will highlight your strong analytical skills and commercial judgement.