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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 with a strong reputation.
- Benefits: Enjoy a competitive salary, inclusive work environment, and comprehensive employee benefits.
- Why this job: Make an impact in the reinsurance industry while working in a dynamic team.
- Qualifications: Experience in Financial Lines underwriting and excellent communication skills are essential.
- Other info: Flat management structure promotes collaboration and personal growth opportunities.
The predicted salary is between 43200 - 72000 £ per year.
General Re Corporation, a subsidiary of 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, 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, thriving in an 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.
Qualifications & Experience
- 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.
- Skill 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.
We Offer You
- A highly professional and inclusive work environment that values excellence, integrity, personal responsibility and the unique talent of each employee.
- A flat management hierarchy and team-based environment that promotes collaboration and free-flowing communication.
- A market competitive remuneration package commensurate with experience and qualifications, with a comprehensive suite of employee benefits.
Senior Financial Lines Facultative Underwriter in London employer: Gen Re
Contact Detail:
Gen Re Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Financial Lines Facultative Underwriter in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, especially in the London market. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers, highlight your experience in Financial Lines Underwriting. Share specific examples of how you've successfully built and managed profitable portfolios. This will make you stand out as a candidate.
✨Tip Number 3
Prepare for interviews by brushing up on your technical knowledge. Be ready to discuss underwriting strategies and your approach to client interactions. We want to see that you can not only talk the talk but also walk the walk when it comes to Financial Lines products.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our company. So, hit that apply button and let’s shape the future together!
We think you need these skills to ace Senior Financial Lines Facultative Underwriter in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your background in Financial Lines Underwriting and any relevant qualifications, like ACII, to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Senior Financial Lines Facultative Underwriter role. Share specific examples of your achievements and how they align with our needs.
Showcase Your Interpersonal Skills: Since we value collaboration and communication, make sure to highlight your interpersonal skills in your application. Mention any experiences where you've successfully worked in teams or built client relationships.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
How to prepare for a job interview at Gen Re
✨Know Your Financial Lines
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.
✨Showcase Your Communication Skills
Since the role involves client interaction, practice articulating your thoughts clearly and confidently. Prepare examples of how you've effectively communicated with clients or colleagues in previous roles, highlighting your interpersonal skills.
✨Demonstrate Your Team Spirit
This position requires a collaborative mindset. Think of instances where you've worked as part of a team to achieve a common goal. Be prepared to share how you can contribute to a positive team environment and support less experienced underwriters.
✨Prepare for Technical Questions
Expect questions that test your technical underwriting knowledge. Review key concepts and be ready to discuss your approach to pricing, structuring, and negotiating facultative reinsurance schemes. Showing your expertise will set you apart from other candidates.
