At a Glance
- Tasks: Underwrite casualty risks and develop profitable relationships with brokers in the UK market.
- Company: Dynamic London Market Insurer focused on growth and innovation.
- Benefits: Competitive salary, professional development, and opportunities for networking.
- Other info: Collaborative environment with excellent career advancement potential.
- Why this job: Join a growing team and make an impact in the insurance industry.
- Qualifications: Experience in casualty underwriting and strong broker connections required.
The predicted salary is between 63000 - 77000 £ per year.
New
Vacancy: Underwriter - Casualty (UK & Multinational) London Market Insurer City of London I am currently partnered with a London Market Insurer who are seeking an Underwriter to join their growing UK Casualty division.
This role will be Underwriting Casualty related risks including; Employers Liability, Public & Products Liability from the UK, including multinational exposures.
This will focus on Mid-Market to Large Corporate business, so premiums will start at £25k, into the millions depending on the risk.
There may also be some cross product selling, so may include packaging on Property covers onto certain risks too.
My client is looking for an experienced Casualty Underwriter with experience in the UK market, with a focus on new business and someone who has strong UK Broker connections in London for UK EL/PL/Products risks.
Key Responsibilities Ensure the effective delivery of the Liability portfolio strategy and business plans in line with underwriting objectives.
Work closely with the Head of Casualty and Underwriting Senior Leadership Team to develop and grow a profitable Liability portfolio.
Underwrite new and renewal Liability business within delegated authority, maintaining strong underwriting discipline and delivering profitable outcomes.
Review applications and supporting information for risks requiring technical underwriting expertise and sound commercial judgement.
Assess risk acceptability in accordance with underwriting guidelines, appetite and delegated authority levels.
Recommend appropriate pricing, terms, conditions and coverage enhancements based on detailed technical analysis and consideration of commercial and competitive factors.
Develop, manage and strengthen broker relationships to support profitable growth across the UK mid-market and large corporate sectors.
Identify and secure new business opportunities while maintaining high levels of service and engagement with existing broker partners.
Prepare quotations and respond effectively to enquiries from brokers, internal stakeholders and other business partners, escalating matters where appropriate.
Communicate underwriting decisions clearly and professionally, including referral outcomes, underwriting requirements and declinatures where necessary.
Analyse the quality, profitability and performance of the Liability portfolio, producing reports and recommendations to support management decision-making.
Contribute to the ongoing development of underwriting appetite, products and portfolio strategy through market insight, technical expertise and experience across the mid-market and large corporate sectors.
Support the promotion of products and services through the broker community, including attendance at broker meetings, market visits and networking events.
Represent the organisation professionally at industry and corporate events, consistently demonstrating its values and expected behaviours.
Work collaboratively with the Head of Casualty on complex risks, referrals and strategic initiatives, providing support and deputising where appropriate.
Ensure all underwriting activity complies with relevant regulatory, legal and governance requirements, as well as applicable Group policies.
Develop and maintain proficiency across all relevant underwriting and business systems.
Undertake any additional duties and responsibilities as required.
TPBN1_UKTJ
Underwriter - UK Casualty (Commercial Combined) employer: High Finance (UK) Limited
Join a leading Lloyd's Syndicate in the heart of the City of London, where you will thrive in a dynamic and supportive work environment. As a Claims Adjuster, you will not only manage claims from start to finish but also play a pivotal role in mentoring junior team members, fostering a culture of growth and collaboration. With competitive benefits and opportunities for professional development, this position offers a rewarding career path in a prestigious market.
