At a Glance
- Tasks: Underwrite casualty treaty reinsurance and manage client relationships.
- Company: Leading reinsurance firm in the heart of London.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for mentorship and career growth in a collaborative setting.
- Why this job: Join a team where your expertise shapes the future of reinsurance.
- Qualifications: Experience in Casualty Treaty Reinsurance and strong analytical skills.
The predicted salary is between 60000 - 80000 £ per year.
Key Responsibilities
- Underwrite casualty treaty reinsurance business in accordance with established underwriting guidelines, procedures, and delegated authority limits.
- Support the Head of Department in portfolio planning, budgeting, and strategic underwriting initiatives.
- Build and strengthen relationships with clients and brokers through regular engagement, marketing activities, and business travel.
- Monitor emerging risks, market trends, and underwriting developments, recommending actions where appropriate.
- Collaborate with Actuarial teams to ensure thorough technical assessment of risk exposures.
- Contribute to the enhancement of pricing tools and promote their consistent and accurate application.
- Maintain comprehensive documentation of underwriting decisions, peer reviews, and records, ensuring compliance with internal policies and regulatory requirements.
Performance, Analytics & Governance
- Participate in quarterly portfolio reviews, providing insights on new business opportunities, declined submissions, and market dynamics.
- Assist with retrocession analysis and purchasing activities as required.
- Uphold underwriting discipline and ensure compliance with governance standards and control frameworks.
Aggregate & Exposure Management
- Support the development, implementation, and maintenance of casualty accumulation monitoring processes and controls.
- Partner with Actuarial teams to model and refine realistic catastrophe and aggregation scenarios.
Leadership & Team Development
- Provide guidance, mentoring, and technical support to junior members of the Casualty Treaty team.
- Contribute to training initiatives, research projects, and broader team development activities.
- Identify and escalate significant portfolio, underwriting, or team-related issues to senior management when necessary.
Qualifications
- Significant experience in Casualty Treaty Reinsurance underwriting with a strong track record of technical and commercial performance.
- In-depth understanding of reinsurance markets, underwriting principles, and treaty structures.
- Strong commercial awareness and financial acumen.
- Excellent analytical and numerical skills with a high level of attention to detail.
- Effective communicator with strong written and verbal presentation abilities.
- Demonstrated ability to manage multiple priorities and deliver results within deadlines.
- Self-motivated and capable of working independently while fostering a collaborative team environment.
- University degree preferred, though not essential.
Senior Underwriter - Casualty Treaty in London employer: HFG Insurance Recruitment
As a Senior Underwriter in the heart of the City of London, you will join a dynamic and innovative team that values collaboration and professional growth. Our company offers a supportive work culture with ample opportunities for mentorship and development, ensuring that you can thrive in your career while contributing to meaningful projects in the reinsurance sector. With competitive benefits and a commitment to employee well-being, we provide an environment where your expertise is recognised and rewarded.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter - Casualty Treaty 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 HFG Insurance Recruitment). 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 HFG Insurance Recruitment. 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 Senior Underwriter - Casualty Treaty 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 HFG Insurance Recruitment.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at HFG Insurance Recruitment. 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 HFG Insurance Recruitment
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at HFG Insurance Recruitment 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 HFG Insurance Recruitment, 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 HFG Insurance Recruitment'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.
