At a Glance
- Tasks: Underwrite and price property reinsurance while building client relationships.
- Company: Join a global leader in reinsurance with a fun, 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 in a dynamic role with real impact on the insurance industry.
- Qualifications: Experience in property insurance underwriting and strong communication skills.
The predicted salary is between 60000 - 80000 £ 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 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, 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 in London employer: Global
Global is an exceptional employer that fosters a culture of innovation and collaboration, making it an ideal place for professionals looking to make a significant impact in the tech industry. With a strong emphasis on employee growth and development, you will have access to numerous opportunities to enhance your skills and advance your career while working alongside visionary leaders in a dynamic environment. Located at the forefront of technological advancement, Global offers unique advantages such as exposure to cutting-edge AI initiatives and a commitment to continuous improvement.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter/Senior Underwriter in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Global). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Global. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Underwriter/Senior Underwriter in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Global.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Global. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Global
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Global to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Global, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Global's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
