At a Glance
- Tasks: Lead and analyse credit risk strategies for new syndicates in the Lloyd's Market.
- Company: Join a leading insurance turnkey with a focus on innovation and growth.
- Benefits: Competitive salary, professional development, and opportunities to shape the future of underwriting.
- Other info: Collaborative environment with opportunities to work across various teams.
- Why this job: Make a significant impact by guiding underwriting teams and optimising portfolio performance.
- Qualifications: 5+ years in underwriting, preferably in Political Risk & Credit, with strong stakeholder management skills.
The predicted salary is between 60000 - 75000 £ per year.
Edenbrook are working with a Leading Insurance Turnkey seeking a Syndicate Manager to oversee the Strategic Performance of new syndicates entering the Lloyd's Market. This role is supporting the Active Underwriters of 4 newly created syndicates with the creation of appetite and business planning.
The key aspects of this role are:
- Support the analysis and monitoring of underwriting portfolio performance across multiple classes of business helping the Active Underwriters create appetite.
- Advise Underwriting teams on appropriate methods of writing risk.
- Analyse key performance indicators including premium growth, loss ratios, combined ratios, rate change, exposure metrics, and profitability trends.
- Assist in identifying portfolio performance issues, emerging risks, and opportunities for portfolio optimisation.
- Support underwriting teams through the provision of data-driven insight and performance analysis.
- Contribute to portfolio reviews, business planning exercises, and capacity allocation discussions.
- Assist in monitoring delegated authority and MGA performance planning.
- Work closely with underwriting, actuarial, finance, claims, exposure management, and operations teams to ensure consistency of portfolio reporting and performance assessment.
The key requirements of this role are:
- A traditional underwriting background of 5+ years, preferably within Political Risk & Credit.
- Experience with the creation of risk appetite and broker relationships.
- Experience in managing senior stakeholders and underwriters.
Head of Credit Risk in London employer: Edenbrook
Edenbrook is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. As a leader in the insurance sector, we provide our employees with comprehensive growth opportunities, competitive benefits, and a culture that values diversity and inclusion. Located in the heart of the Lloyd's Market, our team enjoys the unique advantage of being at the forefront of industry developments while working alongside some of the best minds in underwriting.
