At a Glance
- Tasks: Drive growth in Financial Lines reinsurance and build strong client relationships.
- Company: Join MS Amlin, a leading global (re)insurer with a collaborative culture.
- Benefits: Enjoy hybrid working, flexible hours, and continuous learning opportunities.
- Why this job: Shape a sustainable reinsurance portfolio and make a real impact in the industry.
- Qualifications: In-depth knowledge of Financial Lines Reinsurance and relevant qualifications preferred.
- Other info: Be part of a diverse team focused on innovation and inclusion.
The predicted salary is between 43200 - 72000 £ per year.
Location: London
Position type: Full time, permanent
About The Job
Our underwriters are at the heart of everything we do, without them our business wouldn’t function. The role holder will be a member of the Specialty Reinsurance team and will be accountable for contributing to the effective delivery of the vision and the strategy for the Financial Lines Reinsurance portfolio. The role holder will be responsible for taking underwriting business in accordance with the Specialty Reinsurance business plan.
Key responsibilities
- Develop the existing Financial Lines reinsurance book and look for growth and improvement opportunities. The key lines covered are Trade Credit, Surety, Mortgage and Political risk.
- Opportunity to work on other product lines within the wider Specialty team.
- Support the strategic direction of the portfolio and delivery of designated elements of the strategy and business plan.
- Demonstrate good client intimacy behaviours throughout the market.
- Contribute to the effective delivery of the business plan(s), ensuring alignment to strategy, client relationship and profitable growth.
- Work in partnership within the entity and other entities across the regions to leverage relationships and opportunities.
- Participate in and contribute to client segmentation and product forum activities to ensure clarity and understanding of the approach to specific clients and markets.
Underwriting responsibilities
- Generate and manage business on a client relationship basis within agreed risk appetite.
- Understand and contribute to execution of the business plan.
- Ensure client relationship is achieved through the efficient oversight of issues raised, including liaison to ensure effective conclusion to complaints and claims.
- Undertake analysis of the location / market to identify new business opportunities, products and clients, ensuring a robust business case.
- Ensure risks are written within the agreed parameters – making sound long term decisions on risks that are written, with a focus on smart rationale underwriting.
Underwriting Management
- Provide effective oversight and input into the underwriting performance.
- Reporting on an ad hoc basis regarding pipelines, new opportunities, and progress towards strategic goals.
- Liaise with and ensure regional compliance with underwriting management, taking corrective action as necessary and operating within agreed authorities.
- Proactively participate in product forum meetings, as appropriate – challenging and responding to challenges regarding the product performance.
Compliance and Risk Management
- Conduct role in accordance with the Company’s Business Ethics policy and all regulated entities as appropriate.
- Manage the location/market so that it complies with relevant risk, regulatory and legal requirements and so that it complies with Group policies.
What you’ll enjoy if you...
- Have good business and commercial market awareness, specifically of Financial Lines business.
- Strong networking & managing both new and existing client relationships.
- Implementing and delivering on a clear underwriting strategy.
- Key skills in undertaking analysis of market and identifying new business opportunities, products and clients.
- Enjoy the challenge of shaping a sustainable Financial Lines reinsurance portfolio for MS Amlin.
What you’ll need
- Underwriters at differing levels but must have in depth knowledge, expertise, relationships and strong experience of the Financial Lines Reinsurance markets.
- Good understanding of relevant risk, regulatory and legal requirements.
- Relevant qualifications (e.g., ACII, or similar) preferred.
What you can expect from us
- A great team and supportive colleagues.
- Hybrid Working environment.
- Flexible Working.
- A strong focus on diversity, inclusion and equal opportunities.
- A programme of wellbeing and mental health support.
- Employer-supported volunteering (ESV).
- Continuous learning and study support.
- Structured career development.
- An open mind (especially to new ideas and ways of doing things).
We are stronger together because of our common interests and rich differences. You may be the strength we didn’t know we needed. Believe in yourself, and click apply today!
Hybrid Working
At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together, our teams typically do 3 days a week in the office.
About MS Amlin
MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge. At the core of our claims service is TRUST – Transparency, Responsiveness, Understanding, Solution‑driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.
DE&I at MS Amlin
We will build a workplace where all talent is welcomed, and everyone has the opportunity to influence how the business works. We have dedicated employee resource groups that support our Diversity, Equity, and Inclusion (DE&I) goals. MS Amlin is proud to be one of the founding partners of Lloyd’s Inclusive Futures programme which aims to get more Black and ethnically diverse people into the insurance industry – supporting them all the way from the classroom to the boardroom.
Senior Underwriter - Financial Lines Reinsurance employer: MS Amlin
Contact Detail:
MS Amlin Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter - Financial Lines Reinsurance
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend events, and join relevant online forums. The more people you know in the Financial Lines Reinsurance space, the better your chances of landing that dream job.
✨Tip Number 2
Showcase your expertise! When you get the chance to chat with potential employers or during interviews, make sure to highlight your knowledge of the market and your experience with Financial Lines. Be ready to discuss specific examples of how you've contributed to growth and improvement in previous roles.
✨Tip Number 3
Prepare for those tricky questions! Research common interview questions for underwriters and practice your responses. Think about how you can demonstrate your understanding of risk management and compliance while also showing off your client relationship skills.
✨Tip Number 4
Apply through our website! We love seeing applications from motivated candidates who are eager to join our team. Make sure to tailor your application to reflect your passion for the role and how you align with our values at MS Amlin.
We think you need these skills to ace Senior Underwriter - Financial Lines Reinsurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience in Financial Lines Reinsurance and any relevant qualifications like ACII. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our Specialty Reinsurance team. Keep it engaging and personal – we love a good story!
Showcase Your Client Relationship Skills: Since client intimacy is key for us, make sure to highlight your experience in managing client relationships. Share specific examples of how you've built and maintained strong connections in your previous roles.
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’re considered for the role. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at MS Amlin
✨Know Your Financial Lines Inside Out
Make sure you brush up on your knowledge of Financial Lines reinsurance, especially Trade Credit, Surety, Mortgage, and Political risk. Be prepared to discuss how you can contribute to the growth of these areas and demonstrate your understanding of the market dynamics.
✨Showcase Your Client Relationship Skills
Since client intimacy is key in this role, think of examples from your past experiences where you've successfully managed client relationships. Be ready to explain how you handle complaints and ensure client satisfaction, as this will show your ability to maintain strong partnerships.
✨Demonstrate Strategic Thinking
Prepare to discuss how you would align with the company's business plan and strategic direction. Think about how you can identify new business opportunities and contribute to the overall success of the Financial Lines portfolio. Bring specific ideas to the table!
✨Be Ready for Compliance Questions
Understand the relevant risk, regulatory, and legal requirements that affect the underwriting process. Be prepared to discuss how you ensure compliance in your work and how you would manage risks effectively within the agreed parameters.