Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Underwrite and manage property reinsurance risks while collaborating with clients and teams.
- Company: Join General Re Corporation, a leading global reinsurance company with a fun and supportive culture.
- Benefits: Empowerment to make decisions, excellent variety in your role, and opportunities for professional growth.
- Why this job: Shape your future in a dynamic environment with a focus on continuous learning and improvement.
- Qualifications: Experience in property insurance/reinsurance underwriting and strong communication skills.
- Other info: Collaborate globally and develop specialist expertise in a thriving industry.
The predicted salary is between 36000 - 60000 £ per year.
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. Its direct reinsurance companies conduct business as GenRe. Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries.
We have a fantastic opportunity for a Property Facultative Underwriter/Senior Underwriter to join our motivated, welcoming and fun team in our London office.
Context of the Role
The role offers the opportunity to work within a highly experienced team with a large portfolio of clients. You will be empowered to make underwriting decisions with considerable underwriting authority and corresponding responsibility and accountability.
What We’re Looking For
- Energetic, forward-thinking team player with experience in property insurance/reinsurance underwriting.
- Enjoy working in collaborative teams.
- Strong verbal and written communication and interpersonal skills.
- Thrive in the environment of client interaction.
- Critical thinking to make informed underwriting decisions.
- Organisation with strong attention to detail.
- Ability to extract, analyse, and manipulate data effectively.
- A high degree of energy and tenacity.
- A mindset of continuous learning and improvement.
Responsibilities
- Underwriting
- Contribute to the department goal of growing a profitable portfolio of property excess of loss business.
- Underwrite and price individual risk and programme facultative reinsurance, with adherence to departmental underwriting philosophy, rules and guidelines, use of rating tools and pricing methodologies and documentation standards.
- Understand market pricing and market terms and conditions.
- Demonstrate a deep knowledge of contracts and policy forms, pricing structures, terms and conditions, and topical underwriting issues.
- Directly communicate/negotiate terms and conditions with clients.
- Client Account Management
- Develop and maintain relationships with clients at the underwriting and management level.
- Understand treaty structures and facultative reinsurance buying patterns.
- Provide reinsurance solutions meeting clients’ needs whilst not compromising technical pricing or exceeding capacity guidelines.
- Assume responsibility for assigned client relationships, including development and implementation of marketing plans.
- Actively seek new business opportunities within existing relationships and within the wider insurance market.
- Demonstrate awareness of broader industry issues and trends.
- Teamwork
- Seek out/provide a quality second head on facultative risk transactions.
- Ensure teamwork within client, branch, cross-branch, cross-unit or project teams by contributing to a positive, supportive and disciplined environment.
- Participate in and contribute to training and coaching initiatives.
- Demonstrate a positive attitude and strong value system (e.g. integrity, trustworthiness, respectful).
- Demonstrate a strong work ethic and a sense of urgency.
- Running the Business
- Participate in branch planning in support of department goals, utilising diagnostic reports to provide insights to colleagues, and maintaining effective information sharing with property facultative colleagues and other corporate departments.
- Adhere to established processing protocols, contribute to continuous improvement of departmental processes, and coordinate, participate in and lead various special projects for the branch.
What the Role Can Offer You
- Collaboration across our global network.
- Empowerment to make decisions.
- Considerable underwriting authority.
- Excellent variety in your role.
- Opportunity to develop specialist expertise in a line of business.
- Shape and develop your network within the market.
Closing Date 27 January 2026
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, colour, 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 Underwriter in City of London employer: Faraday
Contact Detail:
Faraday Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter in City of London
✨Tip Number 1
Network like a pro! Reach out to current employees at General Re Corporation on LinkedIn or through industry events. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your property insurance knowledge. Be ready to discuss recent trends and how they impact underwriting decisions. Show us you’re not just a candidate, but a future team player!
✨Tip Number 3
Practice your communication skills! Since client interaction is key, think about how you’d explain complex concepts simply. We want to see that you can connect with clients and colleagues alike.
✨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 serious about joining our fantastic team.
We think you need these skills to ace Senior Underwriter in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience in property insurance and any relevant skills that match what we're looking for. 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 showcase your personality and explain why you're excited about joining us at General Re. Don't forget to mention your collaborative spirit and client management experience.
Showcase Your Analytical Skills: Since critical thinking and data analysis are key for this role, make sure to include examples of how you've successfully used these skills in your previous positions. We love seeing how you tackle challenges!
Apply Through Our Website: We encourage you to apply through our website for a smooth application process. It’s the best way for us to receive your application and get you on our radar. We can't wait to hear from you!
How to prepare for a job interview at Faraday
✨Know Your Underwriting Stuff
Make sure you brush up on your property insurance and reinsurance knowledge. Understand the key concepts, pricing structures, and market terms that are relevant to the role. Being able to discuss these confidently will show that you're not just a candidate, but a potential asset to their team.
✨Show Off Your Communication Skills
Since this role involves client interaction, practice articulating your thoughts clearly and concisely. Prepare examples of how you've successfully communicated complex information in the past. This will demonstrate your strong verbal and written communication skills, which are crucial for building relationships with clients.
✨Demonstrate Critical Thinking
Be ready to showcase your critical thinking abilities during the interview. Think of scenarios where you had to make informed underwriting decisions based on data analysis. Discuss how you approached these situations and what the outcomes were, as this will highlight your analytical skills and attention to detail.
✨Emphasise Teamwork and Collaboration
This role is all about working within a team, so come prepared with examples of how you've contributed to a positive team environment in the past. Talk about your experiences in collaborative projects and how you’ve supported your colleagues, as this will resonate well with their emphasis on teamwork.
