At a Glance
- Tasks: Underwrite and price property reinsurance while building client relationships.
- Company: Join a global leader in reinsurance with a fun and supportive team.
- Benefits: Empowerment to make decisions, excellent career growth, and a collaborative environment.
- Other info: Opportunity to develop specialist expertise and expand your professional network.
- Why this job: Shape your future by making impactful underwriting decisions in a dynamic industry.
- Qualifications: Experience in property insurance/reinsurance and strong communication skills.
The predicted salary is between 36000 - 60000 € 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. Its direct reinsurance companies conduct 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 more than 40 offices, supported by over 2,000 employees worldwide, we have earned superior financial strength ratings from each of the major rating agencies.
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
We are looking for an energetic, forward-thinking team player with experience in property insurance/reinsurance underwriting. You will enjoy working in collaborative teams, have strong verbal and written communication and interpersonal skills, and will thrive in the environment of client interaction. You will also bring:
- 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:
- As appropriate, 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
- Participating in and contributing to training and coaching initiatives
- Demonstrating a positive attitude and strong value system (e.g. integrity, trustworthiness, respectful)
- Demonstrating a strong work ethic and a sense of urgency.
Running the Business
Participating 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. Adhering to established processing protocols, contributing to continuous improvement of departmental processes, and coordinating, participating in and leading 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, 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.
Underwriter/Senior Underwriter employer: Gen Re Corporation
At General Re Corporation, we pride ourselves on being an exceptional employer, offering a dynamic and inclusive work environment in our London office. Our team-oriented culture fosters collaboration and empowers employees with significant decision-making authority, while our commitment to professional development ensures that you will have ample opportunities for growth and advancement in your underwriting career. Join us to be part of a global network where your contributions are valued, and you can make a meaningful impact in the reinsurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter/Senior Underwriter
✨Tip Number 1
Network like a pro! Reach out to current employees at General Re through LinkedIn or industry events. A friendly chat can give us insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for those interviews by brushing up on your property insurance knowledge. We want to see you confidently discuss market trends and underwriting strategies, so do your homework!
✨Tip Number 3
Show off your communication skills! During interviews, be clear and concise when discussing your experience. Remember, we’re looking for someone who can easily 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 noticed. Plus, it shows us you’re genuinely interested in joining our fantastic team.
We think you need these skills to ace Underwriter/Senior Underwriter
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Underwriter/Senior Underwriter role. Highlight your experience in property insurance and any relevant skills that match what we're looking for. This shows us you're genuinely interested and have done your homework!
Showcase Your Communication Skills:Since strong verbal and written communication is key for this role, don’t shy away from demonstrating these skills in your application. Use clear, concise language and make sure your documents are well-structured. We want to see how you can effectively communicate with clients!
Highlight Your Analytical Skills:We love candidates who can think critically and analyse data effectively. Include examples of how you've used these skills in past roles, especially in underwriting or related fields. This will help us see your potential to make informed decisions in our team.
Apply Through Our Website:For the best chance of success, make sure to apply directly through our website. This way, your application goes straight to us, and we can review it promptly. Plus, it’s super easy to navigate – just a few clicks and you’re done!
How to prepare for a job interview at Gen Re Corporation
✨Know Your Underwriting Stuff
Make sure you brush up on your property insurance and reinsurance knowledge. Understand the key concepts like pricing structures, contracts, and market terms. 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 Analytical Skills
Prepare to demonstrate your critical thinking and data manipulation skills. Bring examples of how you've used data to make informed underwriting decisions in the past. This will highlight your ability to extract and analyse information effectively, which is crucial for the role.
✨Build Rapport with Clients
Since client interaction is key, think about how you can showcase your interpersonal skills. Prepare anecdotes that illustrate your experience in developing and maintaining client relationships. This will help them see you as a team player who can thrive in a collaborative environment.
✨Emphasise Continuous Learning
Express your mindset of continuous improvement and learning. Share any recent courses or certifications you've completed related to underwriting or the insurance industry. This shows that you're proactive and committed to staying ahead in your field, which aligns perfectly with what they’re looking for.
