Underwriter - Property (US D&F)

Underwriter – Property (US D&F) at IQUW

About Us

IQUW 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.

Core Values

Empowerment, Collaboration, Drive, and Inclusivity – encouraging initiative, valuing contributions, fostering teamwork, motivating achievement, and ensuring everyone feels respected.

The Role

Underwriting will focus on risks domiciled in the USA with opportunities in other territories. Success requires a highly detailed and analytical approach, strong relationship and sales skills, excellent organisational ability, and the ability to think ahead and use initiative. You will thrive in a business development role, working with senior brokers/clients, take ownership of relationships, and drive underwriting performance toward profitable business.

Key Responsibilities

• Collaborate with the Head of Department & Lead Underwriters, delivering the Class approved plan and input into long‑term strategy.
• Underwrite all elements of the Property portfolio.
• Drive underwriting excellence, ensuring adherence to risk appetite, lines setting, standards, guidelines, rating and pricing adequacy.
• Ensure high‑quality underwriting, appropriate exposure assessment, contractual terms and adherence to respective rules and guidelines.
• Assist with development of pricing models to support underwriting and pricing of the portfolio.
• Lead and develop close relationships with partner brokers.
• Own development of underwriting appetite, constantly analysing the portfolio and modifying appetite accordingly.
• Develop business development initiatives to grow the portfolio profitably.

Essential Qualifications, Skills and Experience

• Experience in D&F at a Lloyd’s facing business.
• Prior underwriting experience – beneficial but not essential.
• Strong understanding of the US D&F market.
• ACII or working towards ACII qualification.
• An excellent market reputation across Property.
• Excellent communication skills, able to deal comfortably with different types of people at all levels of seniority.
• Demonstrable experience managing risks appropriately, applying judgement and taking responsibility for decisions.
• Excellent broker and client relationships and ability to develop business from a variety of sources.

Benefits

• Competitive benchmarked salary aligned with industry standards.
• Generous holiday allowance: 25 days per year.
• Discretionary bonus scheme.
• Employee Assistance Programme.
• Annual holiday buy‑out: option to purchase up to 3 additional days.
• Salary sacrifice benefits – tax‑efficient options.
• Annual benefits reviews.
• Professional development support.

Seniority Level

Entry level

Employment Type

Full‑time

Job Function

Finance and Sales

Industry

Insurance

Location

London, England, United Kingdom