At a Glance
- Tasks: Underwrite diverse Property risks and manage submissions from quote to bind.
- Company: Join a prestigious Lloyd's Syndicate in the heart of London.
- Benefits: Competitive salary, career progression, and opportunities for client interaction.
- 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.
- Other info: Collaborative culture with opportunities for travel and networking.
The predicted salary is between 36000 - 60000 £ 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 in London employer: High Finance (UK) Limited T/A HFG
Contact Detail:
High Finance (UK) Limited T/A HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter - Property D&F 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 to reach out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Practice your pitch! When you land that interview, make sure you can clearly articulate your experience in underwriting and how it aligns with the role. Highlight your successes and be ready to discuss specific examples of how you've managed risks and built broker relationships.
✨Tip Number 3
Stay updated on market trends! Knowing the latest developments in the Property D&F sector will not only impress your interviewers but also help you engage in meaningful conversations. Read industry reports, follow relevant news, and be prepared to share insights during interviews.
✨Tip Number 4
Apply through our website! We’ve got a streamlined application process that makes it easy for you to showcase your skills. Plus, it shows you’re serious about joining our team. Don’t miss out on the chance to land that Underwriter role with us!
We think you need these skills to ace Underwriter - Property D&F 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 your background fits with what we're looking for!
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 experience aligns with our needs. Keep it concise but engaging – we love a good story!
Showcase Your Skills: Don’t forget to showcase your skills in underwriting, especially with US business. Mention any specific tools or models you’ve used, as this will help us see your expertise in action. We’re all about those details!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at High Finance (UK) Limited T/A HFG
✨Know Your Underwriting Stuff
Make sure you brush up on your Property D&F underwriting knowledge. Be ready to discuss specific risks and pricing models you've worked with, especially those related to US business. This shows you're not just familiar with the role but also passionate about it.
✨Build Rapport with Brokers
Since maintaining broker relationships is key, think of examples where you've successfully built or managed these connections. Share stories that highlight your negotiation skills and how you've navigated challenges in past roles.
✨Showcase Your Analytical Skills
Prepare to talk about how you've conducted risk reviews and monitored loss trends in previous positions. Bring along any relevant reports or analyses you've done to demonstrate your analytical prowess and attention to detail.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical underwriting situations. Practice articulating your thought process on how you'd approach underwriting a new risk or handling a challenging broker relationship. This will help you stand out as a strategic thinker.