At a Glance
- Tasks: Manage and renew a Canadian Delegated Authority portfolio while collaborating with senior Underwriters.
- Company: Join a leading London Market Property team with a strong reputation.
- Benefits: Competitive salary, completion bonus, and valuable industry experience.
- Other info: Immediate start required; excellent opportunity for career growth.
- Why this job: Gain exposure to both Canadian and US markets in a dynamic underwriting role.
- Qualifications: Experience in Delegated Property or strong technical foundation as an Assistant Underwriter.
The predicted salary is between 58540 - 71548 £ per year.
An excellent opportunity to join a market-leading London Market Property team, working on an established and high-performing Canadian Delegated Authority portfolio. We are looking for either an experienced Underwriter or a strong Assistant Underwriter with Delegated Property experience who can step into a long-term maternity cover contract of 16-18 months.
The initial focus will be on the renewal and management of an established Canadian Binder portfolio, working closely with senior Class Underwriters across pricing, risk selection, contract reviews and portfolio management. There is also scope to gain exposure to and support the US Binder account as the year progresses. This could be particularly attractive to an Assistant Underwriter who has developed strong technical Delegated Authority experience and is ready to gain greater underwriting exposure within a leading team. Equally, we would be interested in experienced Underwriters who can quickly add value to the portfolio. Candidates with relevant US Delegated Property experience are also encouraged to apply.
Key areas of responsibility will include:
- Reviewing, analysing and pricing upcoming Binder renewals
- Supporting and participating in renewal discussions with London brokers and Coverholders
- Reviewing contracts, wordings and risk-level data
- Working with RMS modelling output and pre-pricing analysis
- Monitoring portfolio performance, including rate movement, CAT loads and EPI
- Preparing detailed underwriting and peer review information
- Supporting senior Class Underwriters with portfolio management and risk selection
- Building and maintaining strong relationships across brokers, Coverholders and other key stakeholders
We are particularly interested in candidates who have experience within Canadian and/or US Delegated Property and a good understanding of Binder business, wordings, pricing and the Delegated Authority process. You do not necessarily need to already hold full underwriting authority; strong Assistant Underwriters with the right technical foundation will be considered as well as Catastrophe Analysts who have had exposure to Underwriting. Due to the nature of the contract, availability is important. Candidates must be immediately available or able to start on no more than one month's notice. A competitive completion bonus is also available for someone who completes the full contract.
Delegated Property Underwriter /AU - Canadian & US employer: Gravitas Group
As a global leader in risk and reinsurance, our client offers an exceptional work environment that prioritises collaboration, inclusivity, and professional development. The role of International Contracts Leader not only provides the opportunity to shape contract strategy across UK and Europe but also fosters personal growth through exposure to complex contractual issues and stakeholder management. With a commitment to innovation and high-quality standards, employees are empowered to thrive in a hybrid working model while contributing to meaningful solutions for clients.
StudySmarter Expert Advice🤫
We think this is how you could land Delegated Property Underwriter /AU - Canadian & US
✨Tap into Local Agencies
For temporary roles like the one at Gravitas Group, don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!
✨Seasonal Opportunities Are Gold
Insurance companies often ramp up staffing for specific seasons, especially during peak times like annual policy renewals. Keep an eye out for those temporary gigs and be ready to jump in. Make sure you’re on our website regularly to catch those listings!
✨Network with Industry Pros
Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!
✨Showcase Your Flexibility
For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so Gravitas Group knows you can adapt quickly to their needs!
We think you need these skills to ace Delegated Property Underwriter /AU - Canadian & US
Some tips for your application 🫡
Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!
Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!
Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.
Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch Gravitas Group's eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!
How to prepare for a job interview at Gravitas Group
✨Master the Basics of Underwriting
Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.
✨Familiarise Yourself with Relevant Regulations
Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at Gravitas Group. This shows you're engaged and knowledgeable.
✨Highlight Your Flexibility
As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.
✨Prepare to Discuss Claims Processing
Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.