At a Glance
- Tasks: Underwrite global property risks and collaborate with brokers for profitable growth.
- Company: Join Canopius, a leading name in the insurance industry based in London.
- Benefits: Competitive salary, career development, and a dynamic work environment.
- Other info: Opportunity for continuous improvement and innovation in a supportive culture.
- Why this job: Be part of a high-performing team and make impactful underwriting decisions.
- Qualifications: Experience in property underwriting and strong analytical skills required.
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.
- Continuous Improvement: Analyses current and future state business requirements and identifies strategies to continuously improve products, services or processes.
- Innovation: Creates, develops and implements new ideas to enhance 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.
Underwriter, International Property in London employer: Canopius
Contact Detail:
Canopius Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter, International Property in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your technical underwriting skills and commercial acumen. Share specific examples of how you've successfully managed risks or built broker relationships in the past.
✨Prepare for Interviews
Do your homework before interviews! Understand Canopius’ business plan and risk appetite, and be ready to discuss how your experience aligns with their goals. Practise common interview questions and prepare some insightful questions of your own.
✨Apply Through Our Website
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 our team at StudySmarter.
We think you need these skills to ace Underwriter, International Property in London
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 you can contribute to our team!
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 your background aligns with our needs. Be sure to mention your ability to build relationships with brokers, as that's key for us.
Showcase Your Technical Skills: Don’t forget to highlight your technical underwriting judgement and analytical skills. Mention any experience with catastrophe modelling tools or exposure management, as these are super important for the role we’re looking to fill.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you into our system quickly. We can’t wait to hear from you!
How to prepare for a job interview at Canopius
✨Know Your Underwriting Inside Out
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 they’re looking for.
✨Build Rapport with Brokers
Since this role involves working closely with brokers, think about how you can demonstrate your relationship-building skills. Prepare examples of how you've successfully collaborated with brokers in the past, and be ready to discuss how you would maintain those relationships at Canopius.
✨Showcase Your Analytical Skills
Be prepared to talk about how you interpret complex risk information and data. Bring examples of how your analytical skills have led to successful underwriting decisions or improvements in processes. This will highlight your ability to contribute to their continuous improvement goals.
✨Stay Updated on Market Trends
Research current trends in the property insurance market, including any recent regulatory changes. Being able to discuss these topics during your interview will demonstrate your proactive approach and future-focused mindset, which is crucial for this role.