Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join a dynamic team to underwrite international property business and manage complex reinsurance activities.
- Company: Be part of a leading Lloyd's Syndicate in the heart of London.
- Benefits: Enjoy competitive pay, professional development opportunities, and a collaborative work environment.
- Why this job: This role offers a chance to shape strategies and make impactful decisions in a growing team.
- Qualifications: 4+ years of experience in Property underwriting, preferably with a focus on Facultative business.
- Other info: Opportunity to work with a diverse portfolio and enhance your expertise in a supportive setting.
The predicted salary is between 48000 - 72000 £ per year.
I am currently recruiting for a leading Lloyd's Syndicate who are seeking a Property Facultative Underwriter to join their growing team. My client is looking for someone with 4+ years experience Underwriting Property business from a Facultative point of view. This role will focus on international business and writing business on an XOL basis, but my client is open to someone who has written primary too. This will be joining a team of 6 and my client has a heavy fire severe book.
Key Responsibilities
- Assist in the creation of the business plan for the portfolio and oversee its implementation.
- Stay informed about and actively support the execution of the business plan, making decisions as needed.
- Participate in all meetings to exchange ideas and enhance strategies, knowledge, and best practices.
- Actively promote the department, division, and overall company to maximize brand exposure.
- Implement the reinsurance strategy to protect the portfolio.
- Execute complex reinsurance activities in compliance with all legal and regulatory requirements to fulfill obligations.
- Follow underwriting standards, guidelines, and best practices to reduce risk and enhance efficiency.
- Ensure accurate recording and assessment of insurance risks.
Underwriter - Property Facultative employer: High Finance Limited
Contact Detail:
High Finance Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter - Property Facultative
✨Tip Number 1
Network with professionals in the insurance and underwriting sectors, especially those who have experience with Lloyd's Syndicates. Attend industry events or webinars to connect with potential colleagues and learn more about the specific requirements of the role.
✨Tip Number 2
Familiarise yourself with the latest trends and regulations in property underwriting, particularly in the international market. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 3
Prepare to discuss your previous experiences in underwriting, focusing on specific cases where you successfully managed risks or implemented strategies. Use these examples to showcase your problem-solving skills and ability to work within a team.
✨Tip Number 4
Research the company’s portfolio and recent projects to understand their business plan and objectives. Tailor your discussions during interviews to align your skills and experiences with their goals, showing that you are a perfect fit for their team.
We think you need these skills to ace Underwriter - Property Facultative
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in underwriting, particularly focusing on Property business and any international exposure. Use specific examples to demonstrate your skills and achievements in this area.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your motivation for applying to the Lloyd's Syndicate and how your background aligns with their needs. Mention your experience with Facultative underwriting and your understanding of the reinsurance strategy.
Highlight Key Skills: In your application, emphasise key skills such as decision-making, risk assessment, and compliance with legal requirements. These are crucial for the role and should be evident in your written materials.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is essential in underwriting.
How to prepare for a job interview at High Finance Limited
✨Know Your Underwriting Basics
Make sure you have a solid understanding of underwriting principles, especially in the context of property and facultative business. Brush up on key terms and concepts, as well as any recent changes in regulations that may affect the industry.
✨Demonstrate Your Experience
Be prepared to discuss your previous experience in underwriting, particularly any international business you've handled. Highlight specific examples where you've successfully managed risks or implemented strategies that align with the responsibilities of the role.
✨Showcase Your Teamwork Skills
Since this role involves working within a small team, emphasise your ability to collaborate effectively. Share examples of how you've contributed to team success in past roles, and be ready to discuss how you can enhance the team's performance at the new company.
✨Prepare Questions About the Company
Research the Lloyd's Syndicate and prepare insightful questions about their business plan and reinsurance strategy. This shows your genuine interest in the role and helps you assess if the company aligns with your career goals.
