Underwriter - Property Facultative
Underwriter - Property Facultative

Underwriter - Property Facultative

Full-Time 60000 - 80000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Underwrite diverse property risks across various industries on a facultative basis.
  • Company: Leading reinsurer in the heart of London with a strong reputation.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Other info: Exciting career prospects in a fast-paced environment.
  • Why this job: Join a dynamic team and make impactful decisions in the insurance industry.
  • Qualifications: Experience in underwriting and a keen understanding of property risks.

The predicted salary is between 60000 - 80000 £ per year.

Exclusive Role: Underwriter | Property Facultative Reinsurer City of London

I am currently partnered exclusively with a leading Reinsurer who are seeking an Underwriter to join their Property Fac team. This role will be Underwriting a variety of Property risks from multiple industries on a Facultative basis, solely on an XOL basis too. Including but not limited to; Power, Real Estate, Mining, Renewables.

Underwriter - Property Facultative employer: High Finance

As a leading reinsurer located in the heart of the City of London, we pride ourselves on fostering a dynamic and inclusive work culture that encourages innovation and professional growth. Our employees benefit from comprehensive training programmes, competitive remuneration packages, and the opportunity to work alongside industry experts on diverse property risks across various sectors. Join us to be part of a collaborative team that values your contributions and supports your career aspirations in a vibrant financial hub.
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Contact Detail:

High Finance Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriter - Property Facultative

✨Tip Number 1

Network like a pro! Reach out to industry contacts and attend events related to property underwriting. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of property risks and the latest trends in the market. Show us that you're not just a candidate, but a passionate expert ready to tackle challenges in the field.

✨Tip Number 3

Tailor your approach! When you apply through our website, make sure to highlight your experience with facultative underwriting and any specific industries you've worked with. We want to see how you fit into our team!

✨Tip Number 4

Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in the interviewer's mind. Let’s make sure they remember you!

We think you need these skills to ace Underwriter - Property Facultative

Underwriting Skills
Property Risk Assessment
Facultative Reinsurance
Excess of Loss (XOL) Knowledge
Industry Knowledge (Power, Real Estate, Mining, Renewable Energy)
Analytical Skills
Communication Skills
Negotiation Skills
Attention to Detail
Decision-Making Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in underwriting, especially in property risks. We want to see how your skills align with the specific requirements of the role, so don’t be shy about showcasing relevant projects or achievements!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the property facultative space and how your background makes you a perfect fit for our team. Keep it engaging and personal – we love to see your personality come through!

Showcase Your Industry Knowledge: In your application, demonstrate your understanding of the property market and the various risks involved. Mention any specific industries you’ve worked with, like power or real estate, to show us you know your stuff and can hit the ground running.

Apply Through Our Website: We encourage you to apply directly 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 – just a few clicks and you’re done!

How to prepare for a job interview at High Finance

✨Know Your Property Risks

Make sure you brush up on the various property risks associated with different industries like Power, Real Estate, and Mining. Being able to discuss specific examples and demonstrate your understanding of these sectors will show that you're not just familiar with the role but also genuinely interested in it.

✨Understand Facultative Reinsurance

Get a solid grasp of what facultative reinsurance entails, especially in the context of excess of loss (XOL) underwriting. Be prepared to explain how you would approach underwriting in this area and any relevant experiences you've had that showcase your expertise.

✨Prepare Questions for Them

Interviews are a two-way street! Prepare insightful questions about their underwriting processes, team dynamics, or recent projects. This not only shows your enthusiasm but also helps you gauge if the company is the right fit for you.

✨Showcase Your Analytical Skills

As an underwriter, analytical skills are key. Be ready to discuss how you assess risk and make decisions based on data. You might even want to bring examples of past analyses you've conducted or tools you've used to support your underwriting decisions.

Underwriter - Property Facultative
High Finance

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