At a Glance
- Tasks: Underwrite and manage property accounts while developing new business opportunities.
- Company: Join a leading global specialty insurance provider with a commitment to integrity and teamwork.
- Benefits: Competitive salary, diverse workplace, and opportunities for international travel.
- Other info: Fast-paced environment with excellent career growth and networking opportunities.
- Why this job: Make an impact in a dynamic team and grow your career in the reinsurance market.
- Qualifications: Up to 5 years of relevant experience and strong analytical skills required.
The predicted salary is between 63000 - 77000 £ per year.
Property Underwriter, AVP Sompo International Holdings Ltd. (Sompo International) is a global specialty provider of property and casualty insurance and reinsurance.
Sompo International companies are wholly owned subsidiaries of Sompo Holdings, Inc., whose core business encompasses one of the largest properties and casualty insurance groups in the Japanese domestic market.
Through our operating subsidiaries, Sompo International underwrites agriculture, professional lines, property, aviation, marine and energy, financial and political risks and casualty and other specialty and catastrophe lines of insurance and reinsurance.
Headquartered in Bermuda, we currently also have offices in the United States, the United Kingdom, Continental Europe, Latin America, the Middle East, and Asia.
Sompo International is a company driven by its core values, a carrier that holds promise, trust, and the commitment to protect at the center of everything we do.
We recognize that our success is derived directly from those who matter most: our people.
Our culture is defined by a commitment to integrity, teamwork, agility, execution, and excellence; and we strive to create exceptional value for our clients and shareholders and maintain Sompo International as a desirable place to work.
We are seeking a Property Underwriter, AVP candidate to join the dynamic Property Reinsurance Team within Sompo International's Zurich Office.
Sompo International's Global Property and Property Catastrophe Team is widely regarded in the reinsurance market as a high profile, market leading and innovative team.
We are looking for a candidate to join our European Team to be based in Zurich and work alongside our existing team of analysts and underwriters.
The successful candidate will combine excellent interpersonal and team working skills with a strong analytical approach to underwriting.
The candidate will be entrusted to underwrite and manage select accounts within an existing portfolio of business whilst using their networking and marketing skills to develop new opportunities.
The position reports to SVP, Head of European Property and Catastrophe Reinsurance.
Responsibilities include
- Contribute to the growth and profitability of the Property Treaty and Property Catastrophe portfolio by underwriting, marketing, and managing select accounts from the European property/ property catastrophe portfolio with goals of maximizing the expected profitability and risk-adjusted return on capital.
- Ad-hoc projects within the team.
- Assisting the Underwriting team with help preparing UW documents, client and broker reports and internal reporting where required.
- Assisting the UW team with entering contract details within the Sompo internal systems where required.
- Build/broaden existing relationships with clients and brokers while also developing new business opportunities where possible.
- Actively participate in the development of the European strategy as well as the Global Property/ Property Catastrophe underwriting and portfolio diversification strategies.
- Routinely analyze contracts and wordings and ensure appropriate pricing and utilization of capacities.
- Manage the underwriting process and the internal interaction with underwriters, analysts, and actuaries
- Perform contract negotiations with clients and brokers.
- Routinely perform market analyses to identify market inefficiencies and develop strategies and products
- Assist in the further development of the Company's reputation as a first tier, world-class property reinsurer
- Other duties as determined by management, including but not limited to special projects, integrations, global projects etc.
Desired Skills & Experience: The candidate needs to
- Up to 5 years of relevant industry experience, ideally with a property treaty/property catastrophe underwriting/broking background.
- University graduate with a degree in finance, economics, or natural sciences with advanced degree of ACII or CPCU designation (or equivalent) preferred
- Preference for a candidate with language skills
- Strong networking skills and relationships with clients and brokers in Europe
- Willingness to undertake international business travel as the role requires
- Willingness to build into independently undertaking marketing activities with clients and brokers.
- Familiarity with models and other analytical tools, preference for a candidate with strong analytical skills with the ability to collect, organize, analyse, and disseminate significant amounts of information
- A demonstrated commitment to high professional ethical standards and a diverse workplace
- Excels at operating in a fast pace, community environment with ability to manage time effectively, set priorities and meet deadlines
- Ability to learn and adapt to change Sompo International offers a competitive compensation and benefits package commensurate with experience.
Sompo International is an equal opportunity employer committed to a diverse workforce.
Visit our website at www. sompo-intl. com
Delegated Underwriting Analyst in London employer: ENDURANCE SPECIALTY HOLDINGS
Sompo International is an exceptional employer, offering a dynamic work environment in Zurich that fosters integrity, teamwork, and excellence. With a strong commitment to employee growth and development, we provide competitive compensation and benefits, alongside opportunities to engage in innovative projects within a market-leading team. Our culture prioritises trust and collaboration, making Sompo International a desirable place for professionals seeking meaningful and rewarding careers in the insurance industry.
Contact Details:
ENDURANCE SPECIALTY HOLDINGS Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Delegated Underwriting Analyst in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like ENDURANCE SPECIALTY HOLDINGS. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Delegated Underwriting Analyst in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to ENDURANCE SPECIALTY HOLDINGS.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on ENDURANCE SPECIALTY HOLDINGS's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at ENDURANCE SPECIALTY HOLDINGS
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with ENDURANCE SPECIALTY HOLDINGS.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at ENDURANCE SPECIALTY HOLDINGS will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former ENDURANCE SPECIALTY HOLDINGS employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
