At a Glance
- Tasks: Underwrite diverse Property risks and manage submissions from quote to bind.
- Company: Join a leading Lloyd's Syndicate in the heart of London.
- Benefits: Competitive salary, career progression, and opportunities for travel.
- Other info: Collaborative culture with a focus on building strong broker relationships.
- Why this job: Step up your career in a dynamic environment with global exposure.
- Qualifications: Experience in Property D&F Underwriting or as an Assistant Underwriter.
The predicted salary is between 60000 - 80000 € per year.
Exclusive Role: Underwriter - Property D&F
Lloyd's Syndicate
City of London
I am currently partnered exclusively with a Lloyd's Syndicate who are seeking an Underwriter to join their Property D&F team. This role will be Underwriting a variety of Property risks from multiple industries on a Direct and Facultative basis on a worldwide basis, with a particular focus on US business.
My client is looking for someone with a solid Property D&F Underwriting background, from a Syndicate environment. Open to an experienced Assistant Underwriter who wants to step up to Underwriter.
Key Responsibilities- Underwriting D&F Excess risks, with a particular focus on US business, in line with underwriting guidelines and within authority limits. This includes reviewing new and renewal submissions, completing rating models, producing initial pricing, negotiating with brokers, and managing submissions through the quote-to-bind process.
- Developing a comprehensive understanding of all pricing models used by the Excess team.
- Maintaining existing broker relationships and cultivating new ones.
- Progressing towards operating independently with minimal supervision, while adhering to corporate guidelines and contributing to a collaborative underwriting approach.
- Supporting the development of underwriting and portfolio strategy in partnership with management, including identifying and pursuing new business opportunities to build sustainable and profitable relationships with clients and brokers.
- Attending client and broker meetings as required.
- Conducting risk reviews, including rate monitoring and peer review.
- Undertaking travel as necessary for client meetings and marketing activities.
- Producing both ad hoc and scheduled reports.
- Preparing regulatory reports and ensuring ongoing compliance with regulatory standards.
- Liaising with the claims team to monitor loss trends.
Underwriter - Property D&F - HFG in London employer: HFG
As a leading Lloyd's Syndicate located in the heart of the City of London, we pride ourselves on fostering a dynamic and inclusive work culture that encourages professional growth and collaboration. Our employees benefit from comprehensive training programmes, competitive remuneration packages, and the opportunity to engage with a diverse range of property risks on a global scale, particularly within the US market. Join us to be part of a forward-thinking team where your contributions are valued and your career can flourish.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter - Property D&F - HFG in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, especially those in the Property D&F space. 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
Prepare for interviews by brushing up on your underwriting knowledge. Be ready to discuss specific risks and pricing models you’ve worked with. Show them you’re not just a candidate, but someone who can bring valuable insights to their team.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great opportunity to reiterate why you’re the perfect fit for their Property D&F team.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might just be the perfect match for your skills. Plus, applying directly can sometimes give you an edge over other candidates. Let’s get you that Underwriter role!
We think you need these skills to ace Underwriter - Property D&F - HFG in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Underwriter role. Highlight your Property D&F experience and any relevant skills that match the job description. We want to see how you fit into our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how your background aligns with our needs. Keep it engaging and personal, so we can get to know you better.
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements in previous roles. Whether it's successful negotiations or building broker relationships, we love to see how you've made an impact!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at HFG
✨Know Your Underwriting Stuff
Make sure you brush up on your Property D&F underwriting knowledge. Familiarise yourself with the specific risks associated with US business and be ready to discuss how you’ve handled similar cases in the past. This will show that you’re not just a good fit, but that you’re genuinely interested in the role.
✨Showcase Your Broker Relationships
Since maintaining and cultivating broker relationships is key, come prepared with examples of how you've successfully managed these in previous roles. Highlight any specific strategies you used to build rapport or resolve conflicts, as this will demonstrate your interpersonal skills and industry knowledge.
✨Understand the Pricing Models
Dive deep into the pricing models used by the Excess team. Be ready to discuss how you approach pricing and what factors you consider when assessing risk. This shows that you’re proactive and have a solid grasp of the technical aspects of underwriting.
✨Be Ready for Scenario Questions
Expect to face scenario-based questions during the interview. Prepare by thinking through potential underwriting challenges you might encounter and how you would address them. This will help you showcase your problem-solving skills and ability to think on your feet.
