Underwriter - Property D&F

Underwriter - Property D&F

Full-Time 36000 - 60000 £ / year (est.) No home office possible
High Finance (UK) Limited T/A HFG

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.
  • 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 strong focus on professional development.

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 employer: High Finance (UK) Limited T/A 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 competitive remuneration, comprehensive training programmes, 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.
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

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry, especially those in underwriting. Attend events or webinars where you can meet potential employers and make a lasting impression.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of Property D&F underwriting. Be ready to discuss specific risks and how you would approach them. Show that you’re not just a candidate, but a future asset to their team!

✨Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email. It shows your enthusiasm for the role and keeps you fresh in their minds.

✨Tip Number 4

Apply through our website! We’ve got exclusive roles that might be perfect for you. Plus, it’s a great way to ensure your application gets the attention it deserves.

We think you need these skills to ace Underwriter - Property D&F

Property D&F Underwriting
Risk Assessment
Rating Models
Negotiation Skills
Broker Relationship Management
Quote-to-Bind Process
Underwriting Guidelines
Portfolio Strategy Development
Client Meeting Coordination
Regulatory Compliance
Data Reporting
Loss Trend Monitoring
Collaboration Skills
Independent Working

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to highlight your Property D&F underwriting experience. We want to see how your background aligns with the key responsibilities mentioned in the job description, so don’t hold back on showcasing relevant skills and achievements!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. We love seeing enthusiasm for the industry and a clear understanding of the underwriting process, especially when it comes to US business.

Showcase Your Broker Relationships: Since maintaining and cultivating broker relationships is key, make sure to mention any relevant connections or experiences you have. We appreciate candidates who can demonstrate their ability to build sustainable partnerships in the underwriting space.

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exclusive role. We can’t wait to see what you bring to the table!

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 how you would approach underwriting them, especially in relation to US business. Familiarise yourself with the latest trends and regulations in the industry.

✨Showcase Your Broker Relationship Skills

Since maintaining and cultivating broker relationships is key, think of examples where you've successfully managed these relationships. Be prepared to discuss how you would approach new brokers and what strategies you’d use to build rapport.

✨Demonstrate Your Analytical Skills

You’ll need to show that you can handle rating models and pricing. Bring examples of how you've used analytical tools in past roles. If you can, prepare to discuss a specific case where your analysis led to a successful underwriting decision.

✨Be Ready for Scenario Questions

Expect scenario-based questions that test your decision-making skills. Think about how you would handle various underwriting situations, such as negotiating with brokers or managing submissions. Practising these scenarios can help you articulate your thought process clearly.

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