New Vacancy: Senior Underwriter - Casualty Facultative
Reinsurer
City of London
I am currently partnered exclusively with a leading London Market Reinsurer who are seeking a Senior Underwriter to join their Casualty Facultative team.
This role will be Underwriting Casualty Facultative business solely on an XOL basis for UK, International and US markets from UK&I cedants. This person will get exposure to other Casualty classes such as Motor, PI, MedMal & more.
My client is looking for an experienced Casualty Underwriter, who would be keen to move into a reinsurance focused Facultative position.
Key Responsibilities
- Manage the marketing and underwriting of casualty facultative reinsurance business, identifying new business opportunities and managing renewals on a direct, non-brokered basis.
- Underwrite UK, international and US casualty reinsurance risks for UK and Irish cedents.
- Apply a strong understanding of the UK and London insurance and reinsurance markets to identify commercial opportunities and support profitable growth.
- Develop relationships with prospective and existing clients through direct market engagement, building a strong pipeline of profitable business opportunities.
- Demonstrate strong technical underwriting expertise across General Liability and related classes, with experience in UK Motor, Financial Lines and/or US Casualty considered advantageous.
- Apply casualty facultative underwriting philosophy, risk appetite and guidelines consistently across new and renewal business.
- Analyse and document risk exposures, policy coverage and terms, assessing the technical insurability and profitability of submissions.
- Underwrite, price, structure and negotiate individual facultative risks, as well as bundled reinsurance schemes, programmes and delegated authority arrangements.
- Deliver against key performance measures, including premium production, quotation volumes, pricing adequacy, client relationship management and effective teamwork.
Senior Underwriter - Casualty Facultative in London employer: High Finance (UK) Limited T/A HFG
Join a leading London Market Insurer that values its employees and fosters a collaborative work culture. With a strong focus on professional development, you will have ample opportunities to grow your skills and advance your career while working in the heart of London's vibrant insurance market. Enjoy competitive benefits and the chance to build lasting relationships with key brokers, all while contributing to a company committed to profitable growth and innovation in the property underwriting sector.
Contact Details:
High Finance (UK) Limited T/A HFG Recruitment Team
