At a Glance
- Tasks: Underwrite international casualty treaty business and collaborate with a dynamic team.
- Company: Leading reinsurer in the heart of London with a focus on growth.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Opportunity for career advancement in a collaborative and innovative setting.
- Why this job: Join a thriving team and make a real impact in the reinsurance industry.
- Qualifications: Strong expertise in casualty treaty underwriting and excellent broker relationships.
The predicted salary is between 60000 - 75000 £ per year.
Exclusive Vacancy - Senior Underwriter - Casualty Treaty
Reinsurer City of London
I am currently partnered exclusively with a leading reinsurer who are seeking a Senior Underwriter to join their growing Casualty Treaty team. This role will be Underwriting Casualty Treaty business on an international basis, in line with appetite, using pricing tools and collaborating with the wider team.
My client is seeking an Underwriting professional with strong expertise in technical Casualty Treaty Underwriting, strong broker contacts and the drive to build a profitable reinsurance portfolio.
Key Responsibilities- Underwrite casualty treaty reinsurance business within established authority levels, underwriting appetite, and risk management frameworks.
- Contribute to portfolio management, business planning, and strategic initiatives aimed at achieving sustainable and profitable growth.
- Develop and maintain strong relationships with brokers, clients, and market counterparts through regular engagement and business development activity.
- Analyse market conditions, industry trends, and emerging risks to identify opportunities and support informed underwriting decisions.
- Partner with actuarial and analytical teams to evaluate exposures, assess risk quality, and support pricing decisions.
- Assist with the ongoing development, enhancement, and effective application of pricing tools and underwriting methodologies.
- Ensure underwriting files, decision-making processes, referrals, and supporting documentation are maintained accurately and in line with governance requirements.
- Produce and contribute to portfolio performance reviews, including analysis of business written, opportunities not pursued, and changing market dynamics.
- Support portfolio optimisation initiatives, including reinsurance purchasing assessments and other risk management activities.
- Monitor casualty accumulations and exposure trends, helping to maintain effective controls, reporting, and oversight processes.
- Collaborate with actuarial and risk teams to develop aggregation scenarios, stress tests, and portfolio monitoring tools.
- Provide guidance and technical support to junior colleagues, helping to develop underwriting capability across the team.
- Participate in research, market analysis, and knowledge-sharing initiatives that enhance team performance and technical expertise.
- Escalate material underwriting, portfolio, operational, or market-related issues to senior stakeholders as required.
- Contribute to a collaborative team culture, supporting continuous improvement and best practice across underwriting activities.
Senior Underwriter - Casualty Treaty in City of London employer: High Finance Limited
As a leading reinsurer 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 competitive remuneration packages, comprehensive training programmes, and the opportunity to engage with a diverse range of international clients and brokers, making this an ideal environment for those looking to advance their careers in underwriting. Join us to be part of a forward-thinking team that values innovation and excellence in the reinsurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter - Casualty Treaty in City of London
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We think you need these skills to ace Senior Underwriter - Casualty Treaty in City of 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 High Finance Limited.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at High Finance Limited. 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 High Finance Limited
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at High Finance Limited 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 High Finance Limited, 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 High Finance Limited'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.