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For Companies At a Glance
- Tasks: Develop and grow a profitable Financial Lines portfolio while collaborating with clients.
- Company: Join General Re Corporation, a leading global reinsurance company under Berkshire Hathaway.
- Benefits: Enjoy a competitive salary, inclusive work environment, and comprehensive employee benefits.
- Why this job: Make an impact in the reinsurance industry with a focus on innovation and collaboration.
- Qualifications: Experience in Financial Lines Underwriting and strong communication skills are essential.
- Other info: Flat management structure promotes teamwork and personal growth opportunities.
The predicted salary is between 48000 - 72000 ÂŁ per year.
Shape Your Future With Us
General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re. Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of 37 offices, we have earned superior financial strength ratings from each of the major rating agencies.
We currently offer an excellent opportunity for a Senior Financial Lines Facultative Underwriting Specialist in our London Office. The role would suit a forward-thinking team player with experience in Financial Lines Underwriting. The ideal candidate will enjoy working in collaborative teams with excellent communication and interpersonal skills, and will thrive in the environment of client interaction.
Key Responsibilities- The development and growth of a profitable book of Financial Lines facultative business for cedents located in the UK and Ireland on a single risk and/or “bundled” basis.
- The marketing of the Cas Fac product on a direct (non-broker) basis to new and existing cedent clients.
- The underwriting, pricing, structuring and negotiating facultative individual risk or bundled reinsurance schemes, programs or delegated authority arrangements in Financial Lines products and the wider Cas Fac product offering.
- To act as a central resource for Financial Lines technical underwriting for the London branch and other branches within the International Cas Fac network.
- A proven track record of building, growing and profitably underwriting a sustainable Financial Lines portfolio.
- A product specialization in Professional Indemnity or Medical Malpractice.
- Knowledge and experience in other Financial Lines classes such as commercial D&O and/or Financial Institutions products favourable but not essential.
- Superior technical underwriting background.
- Commercial and customer focused mindset.
- Established network of relationships within the London market.
- Excellent interpersonal, negotiation and communication skills with the capacity to work effectively in a collaborative team environment.
- Skills as teacher, mentor and technical underwriting advisor to less experienced underwriters.
- High degree of energy / tenacity and a motivation to develop a deeper understanding of a broad range of liability products.
- Experience in strategy and business planning to support department goals.
- Strong organizational and time management skills.
- Strong Microsoft Office skills.
- University Degree favourable but not essential.
- ACII qualification favourable but not essential.
- Highly professional and inclusive work environment that values excellence, integrity, personal responsibility and the unique talent of each employee.
- Flat management hierarchy and team-based environment that promote collaboration and free-flowing communication.
- Market‑competitive remuneration package commensurate with experience and qualifications, with a comprehensive suite of employee benefits.
Our Address: General Reinsurance, London Branch, Corn Exchange, 55 Mark Lane, London, EC3R 7NE (UK)
It is the continuing policy of the Gen Re Group to afford Equal Opportunity to qualified individuals without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or citizenship, sexual orientation, gender identity, or any characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.
Senior Financial Lines Facultative Underwriter in City of London employer: Faraday
Contact Detail:
Faraday Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Financial Lines Facultative Underwriter in City of 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 folks on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Expertise
When you get the chance to chat with potential employers, make sure to highlight your experience in Financial Lines Underwriting. Share specific examples of how you've successfully managed portfolios or built client relationships to really stand out.
✨Be Ready for the Interview
Prepare for interviews by brushing up on your technical knowledge and understanding of the market. Think about how you can contribute to their team and be ready to discuss your strategies for growing a profitable book of business.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It shows you're genuinely interested in joining us at Gen Re and makes it easier for us to find your application among the rest.
We think you need these skills to ace Senior Financial Lines Facultative Underwriter in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your experience in Financial Lines Underwriting. We want to see how your skills align with the role, so don’t be shy about showcasing your achievements and relevant qualifications!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you’re the perfect fit for the Senior Financial Lines Facultative Underwriter position. Share your passion for the industry and how you can contribute to our team.
Showcase Your Communication Skills: Since this role involves client interaction, make sure to demonstrate your excellent communication skills in your application. Whether it’s through your writing style or examples of past experiences, we want to see how you connect with others.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role right there!
How to prepare for a job interview at Faraday
✨Know Your Financial Lines Inside Out
Make sure you brush up on your knowledge of Financial Lines products, especially Professional Indemnity and Medical Malpractice. Be ready to discuss your experience in underwriting these areas and how you've successfully built a profitable portfolio.
✨Show Off Your Networking Skills
Since the role requires an established network within the London market, be prepared to talk about your connections and how you've leveraged them in past roles. Highlight any key relationships that could benefit the company.
✨Demonstrate Your Collaborative Spirit
This position thrives in a team environment, so come ready to share examples of how you've worked effectively with others. Discuss your experience mentoring less experienced underwriters and how you contribute to a positive team dynamic.
✨Prepare for Technical Questions
Expect to face technical questions related to underwriting, pricing, and structuring reinsurance schemes. Brush up on your technical skills and be ready to provide detailed answers that showcase your expertise and problem-solving abilities.
