Senior Underwriter Property & Casualty

This role will be reporting to the Portfolio Underwriter Manager for Property & Liability. You are a key member of the underwriting team, with authority to make sound underwriting decisions, develop policy wordings, develop e‑trade products (reviewing conversion, referral and decline rates), conduct data analytics reviewing performance and growth areas, and contribute thinking and output to operational delivery of the strategy.

The individual will take responsibility for maintaining and building new business to profitably grow MSIG EU and minimise loss exposure, liaise with claims on cases requiring underwriting input, create and maintain endorsements, monitor performance, and assist members of the team with referrals outside their authority. The products the underwriter will be responsible for are commercial combined property owners and shop package, plus assisting the wider team with underwriting management assistance and digital delegated authorities.

About The Job

What you’ll spend your time doing

Here’s a snapshot of some of the key parts of the job:

Underwriting

• Act as a referral point for the team and develop the team’s skills where required
• Work with the claims teams as a technical referral point
• Respond to online underwriting referrals in accordance with our appetite and guidelines – making sound, profitable long‑term decisions on risks that are written
• Maintain and build effective relationships with existing and new clients through regular contact, demonstrating a clear understanding of their business and how we add value
• Maintain strong, effective relationships with existing brokers, seeking out new opportunities with existing and new brokers where appropriate
• Undertake analysis of new business referral, quote and conversion rates to identify business opportunities, ensuring a robust business case
• Effectively represent self and class in external activities, groups and committees
• Work with Broker Development Managers to seek new broker opportunities, including schemes, facilities, and developing the team’s online platforms or creating and managing digital delegated authorities

Compliance and Risk Management

• Conduct work 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 wider policies

Management Information

• Play an active role in the regular underwriting meetings
• Review underwriting figures on a regular basis to deal with unusual trends and/or adverse movements by appropriate action
• Produce a monthly report showing New Business & Renewal income, Conversion & Quotability %, and a summary including any product improvement suggestions or performance remedial actions
• Act as a peer reviewer on all risks and material endorsements underwritten as necessary
• Remain alert to developments affecting the business of the class, the potential profitability of the class and opportunities for the class, reporting on such matters to leadership where appropriate

Policy Wordings

• Conduct market reviews to develop policy wordings alongside regular updates following company changes
• Work with broker partners to bespoke wordings around their business needs to grow accounts

Underwriting Management

• Assist the Head of Property & Liability with governance, underwriting and performance
• Manage key broker relationships, targeting growth within business plans and performance
• Provide assistance to Actuaries by feeding in data and reviewing reports

You're going to enjoy this job if you also…

• Work in Property & Casualty for SME to mid market GI business
• Are a keen learner, working towards completion of ACII accreditations (preferable)
• Understand MI and its direct relationship to e‑trade underwriting
• Have high attention to detail and accuracy
• Are a strong problem solver
• Possess advanced skills in Microsoft Excel
• Have delegated authority management skills
• Have team management experience

What You’ll Need

• Good knowledge and experience of underwriting expertise within the specific location/market
• Understand the application of data into the automated underwriting process
• Have worked extensively with data augmentation throughout the underwriting process
• Strong analytical and data interrogation capabilities
• Ability to effectively influence and negotiate skills
• Excellent communication skills
• Sound financial and commercial acumen

What You Can Expect From Us

• A great team and supportive colleagues
• An open mind (especially to new ideas and ways of doing things)
• A strong focus on diversity, inclusion and equal opportunities
• A programme of wellbeing and mental health support
• Employer‑supported volunteering (ESV)
• Flexible working
• Continuous learning
• Study support

About US

MS Amlin is part of a global top‑10 insurance group, MS&AD. We’re made up of four distinct businesses covering global reinsurance, Lloyds franchise, local specialty insurer, and business services. This role sits within our European team (MS AISE) which specialises in e‑trade underwriting for Motor and Non‑Motor within the UK Market.

Conduct Rules

• Act with integrity
• Act with due care, skill and diligence
• Be open and co‑operative with the FCA, PRA and other regulators
• Pay due regard to the interests of customers and treat them fairly
• Observe proper standards of market conduct