Reinsurance Underwriter

Reinsurance Underwriter

Full-Time 60000 - 80000 £ / year (est.) No working from home possible
IPS Group

At a Glance

  • Tasks: Manage a unique global reinsurance portfolio across diverse sectors like Marine and Energy.
  • Company: Join a highly regarded specialty treaty underwriting team with ambitious growth plans.
  • Benefits: Enjoy a collaborative environment with the freedom to focus on underwriting without bureaucracy.
  • Other info: Opportunity to develop expertise in a dynamic and supportive team.
  • Why this job: Accelerate your career in a technical environment with exceptional breadth and intellectual challenge.
  • Qualifications: Strong analytical skills and experience in Marine or Energy markets preferred.

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

Join a highly regarded specialty treaty underwriting team managing a unique global reinsurance portfolio spanning Marine, Energy, Aviation, Terror, Space and Crop. With exposure across six specialist classes and multiple product structures including Quota Share, Excess of Loss and Retrocession, you'll enjoy exceptional breadth, variety and intellectual challenge.

This balanced portfolio can flex with market conditions, allowing the team to pursue opportunities where they have a genuine edge. A technical underwriting environment, strong pricing discipline and niche leadership positions provide an outstanding platform to develop expertise and underwrite properly.

Backed by long-term capital and ambitious growth plans, this is an opportunity to join an intelligent, collaborative team with the freedom to focus on underwriting rather than bureaucracy.

We are keen to hear from specialty reinsurance underwriters and brokers, as well as high-calibre direct underwriters from the Marine or Energy markets who are looking to transition into a treaty reinsurance role. If you possess strong analytical capabilities, commercial acumen and the confidence to apply your expertise in a broader, more complex underwriting environment, this could be an exceptional opportunity to accelerate your career.

Reinsurance Underwriter employer: IPS Group

As a leading player in the reinsurance sector, our company offers an exceptional work environment characterised by intellectual challenge and collaborative spirit. Employees benefit from a balanced portfolio that adapts to market conditions, fostering professional growth through exposure to diverse classes and innovative product structures. With a commitment to technical excellence and minimal bureaucracy, we empower our team members to focus on underwriting while enjoying ample opportunities for career advancement in a supportive and dynamic setting.

IPS Group

Contact Details:

IPS Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Reinsurance Underwriter

Tip Number 1

Network like a pro! Reach out to industry professionals on LinkedIn or attend relevant events. We all know that sometimes it’s not just what you know, but who you know that can help you land that reinsurance underwriter role.

Tip Number 2

Prepare for interviews by brushing up on your technical knowledge. Dive deep into the specifics of Marine, Energy, and other specialty classes. We want you to showcase your analytical skills and commercial acumen when discussing your experience.

Tip Number 3

Don’t shy away from asking questions during interviews! Show your interest in the company’s portfolio and growth plans. We believe that a good conversation can set you apart from other candidates.

Tip Number 4

Apply through our website! It’s the best way to ensure your application gets noticed. We’re always on the lookout for talented individuals who are ready to take on the challenges of a dynamic underwriting environment.

We think you need these skills to ace Reinsurance Underwriter

Analytical Capabilities
Commercial Acumen
Underwriting Expertise
Technical Underwriting
Pricing Discipline
Knowledge of Marine Reinsurance
Knowledge of Energy Reinsurance

Some tips for your application 🫡

Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Reinsurance Underwriter role. Highlight your analytical capabilities and any relevant experience in Marine or Energy markets to show us you’re a great fit!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're excited about joining our team and how your background makes you the perfect candidate for this unique opportunity in treaty reinsurance.

Showcase Your Technical Skills:Since we operate in a technical underwriting environment, be sure to mention any specific tools or methodologies you’re familiar with. This will help us see how you can contribute to our strong pricing discipline and niche leadership.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!

How to prepare for a job interview at IPS Group

Know Your Stuff

Make sure you brush up on the specifics of reinsurance, especially in areas like Marine, Energy, and Aviation. Familiarise yourself with different product structures such as Quota Share and Excess of Loss. This knowledge will not only impress your interviewers but also show that you're genuinely interested in the role.

Showcase Your Analytical Skills

Prepare to discuss examples where you've used your analytical capabilities to solve complex problems. Think about how you've approached risk assessment or pricing strategies in your previous roles. Being able to articulate these experiences will demonstrate your readiness for the technical underwriting environment.

Understand the Market Dynamics

Stay updated on current trends and challenges in the reinsurance market. Be ready to discuss how market conditions can impact underwriting decisions. This shows that you have a commercial acumen and are aware of the broader context in which the company operates.

Be Collaborative

Since the role involves working within a team, be prepared to talk about your experience in collaborative environments. Share examples of how you've worked with others to achieve common goals, especially in high-pressure situations. This will highlight your ability to fit into their intelligent, collaborative team culture.