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
- 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.
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.
We have a fantastic opportunity for a Property Facultative Underwriter/Senior Underwriter to join our motivated, welcoming and fun team in our London office.
General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a global reinsurance holding company with more than 2,000 employees worldwide. Its direct reinsurance companies conduct business as Gen Re, delivering 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, we have earned superior financial strength ratings from each of the major rating agencies.
