Underwriter - Ports & Terminals in London

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About UsIQUW is a speciality (re)insurer at Lloyd\’s (Syndicate 1856) underwriting a diverse range of Property, Commercial and Speciality (re)insurance products from Cargo and Marine to Political Violence, Terror and War. We combine data, intelligent automation and human expertise to make smart decisions, fast.

OverviewOur group thrives on four core values: Empowerment, Collaboration, Drive, and Inclusivity. We encourage initiative, value each member\’s contributions, foster teamwork for innovative solutions, stay motivated to achieve our goals, and ensure everyone feels respected and valued.

The RoleThis underwriting role within the Ports & Terminals team is a unique opportunity for individuals who can combine strong technical underwriting skills with exposure management expertise. You will underwrite for the Ports & Terminals class of business while ensuring robust catastrophe exposure assessment and portfolio optimization. The role requires a highly analytical approach, strong broker relationships, and the ability to integrate exposure analytics into underwriting decisions.

Key Responsibilities

Deliver the underwriting strategy for Ports & Terminals in line with risk appetite and profitability targets.

Underwrite all elements of the portfolio, ensuring pricing adequacy, contractual terms, and adherence to guidelines.

Develop and maintain strong broker and client relationships to drive profitable growth.

Support digitization and efficiency improvements in placement processes.

Incorporate catastrophe exposure considerations into underwriting decisions, ensuring aggregate positions are well understood and controlled.

Collaborate with Exposure Management and Research teams to cascade IQUW\’s \”View of Risk\” into underwriting processes.

Utilize exposure analytics and dashboards to monitor aggregate catastrophe exposures (natural and non-natural perils).

Contribute to outwards reinsurance strategy by providing portfolio exposure insights.

Assist in event response and loss estimation, sourcing data from multiple inputs.

Help to design reporting and metrics and continually improve automation and development of new analysis tools that clearly communicate the exposed risk to stakeholders with varied perspectives and expertise.

Essential Qualifications, Skills And Experience

A proven track record of strong underwriting and/or exposure management performance.

Ability to interpret and apply exposure data to underwriting decisions.

Excellent communication and negotiation skills with brokers and clients of all levels of seniority and the ability to build effective professional relationships with these types of people.

Demonstrable experience of managing tasks appropriately, applying judgment and being prepared to own and take responsibility for decisions.

Strong Excel capability, including experience working with large datasets.

An unwavering appetite to increase the profitability of the portfolio and become an integral part of a developing class within IQUW.

Benefits

Competitive Benchmarked Salary: Ensuring fair compensation aligned with industry standards.

Generous Holiday Allowance: 25 days of holiday each year.

Discretionary Bonus Scheme: Rewarding exceptional performance.

Employee Assistance Programme: Providing support for personal and professional challenges.

Annual Holiday Buy: Option to purchase up to 3 additional days of holiday.

Salary Sacrifice Benefits: Tax‐efficient ways to access additional benefits.

Annual Benefits Reviews: Regular evaluations to ensure the best offerings.

Professional Development: Support for your Professional Qualifications; we\’re committed to your professional growth and will support you every step of the way.

Seniority levelMid‐Senior level

Employment typeFull‐time

Job functionFinance and Sales

IndustriesInsurance

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