Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our team to evaluate risks and develop pricing strategies for Property Treaty business.
- Company: Oceanre is a leading reinsurance provider with a focus on innovative risk transfer solutions.
- Benefits: Enjoy competitive salary, career growth, private medical insurance, and 30 days annual leave.
- Why this job: Be part of a dynamic team in a fast-paced environment, shaping the future of reinsurance.
- Qualifications: 5+ years in Property Treaty experience with strong analytical and communication skills required.
- Other info: Work in a diverse culture that values initiative and strategic thinking.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking a skilled and analytical Property Treaty Underwriter to join our underwriting team to help grow the existing Global Property portfolio of the company. A unique opportunity to work in a rapidly evolving environment, in a fast growing team and company with significant growth ambitions. We are looking for an individual that will bring a level of expertise and contribute to the development of the portfolio of Property Excess of Loss Risk, Cat and Pro Rata business. The role involves evaluating risks, developing pricing strategies, maintaining broker and client relationships, and contributing to the company's profitability and growth.
What are we looking for?
- Develop and assist in the maintenance of the Property Treaty line of business (LoB).
- Negotiate, assess and underwrite renewal and new business in a timely and efficient manner in line with the business plan and personal authority limits.
- Use pricing tools unsupervised and price the business in accordance with pricing and underwriting strategy.
- Support the Head of LoB or Group CUO with broker interaction, modelling, strategic thinking, emerging risk analysis and business planning.
- Develop and maintain relationships with brokers and clients with a view to the retention of renewal business and production of new business.
- Ensure compliance with regulatory and internal procedures and aggregate management.
- Compile underwriting reports and presentations as appropriate.
- Maintain good relationships with both external and internal parties as appropriate.
- Understand performance of all risks and accounts.
- Review and finalise contract wordings.
- Maintain and update own professional knowledge/qualifications/training as required.
Essential qualifications, skills and experience
- Lloyd’s or company market Property Treaty experience (broking or underwriting), of at least 5 years in a client/broker facing role.
- Technical knowledge of Property Treaty business.
- Use and experience in Property Treaty Pricing models.
- Strong analytical and financial modelling skills, with experience using Excel and catastrophe models (RMS, AIR, etc.).
- Excellent communication skills (written and verbal).
- Organised, methodical, quick thinker.
- Willingness and desire to learn and develop.
- Demonstrate strong analytical skills and problem solving abilities.
- Attention to detail and accuracy.
- Sociable, approachable and presentable with a good work ethic and willingness to take on responsibility.
- Ability to work under pressure and meet deadlines.
- Excellent negotiation, communication, and relationship management skills.
- Ability to work in a fast-paced environment, manage multiple priorities, and make sound underwriting decisions.
- Ability to work in multicultural environments and adapt to different business cultures.
Our promise to you:
- Competitive salary with performance-based incentives.
- Opportunities for career growth and professional development.
- Exposure to international markets and global clients.
- A collaborative and dynamic work environment alongside industry experts.
- 10% defined non-contributory pension scheme.
- Private medical insurance.
- Income protection.
- Group life insurance.
- Cycle-to-work scheme.
- 30 days of annual leave plus bank holidays.
Who We Are
Oceanre is a leading reinsurance provider, specializing in life, health, property & casualty, personal accident, cargo, surety, and motor insurance solutions. We partner with global insurers, brokers, and corporate clients to deliver innovative and optimal risk transfer programs. Our commitment to discipline, transparency, and consistency in underwriting and claims handling makes us a trusted name in the industry.
Our Culture
At Oceanre, we honour the promises we make to our regional clients by supporting the creation of new capabilities to address their evolving needs. We empower our team to take initiative, think strategically, and drive impactful solutions. Our diverse and inclusive work environment fosters continuous learning and relationship-building, while our financial strength and solvency allow us to expand and aim for more.
Are you ready to shape the future of reinsurance? Be bold.
Property Treaty Underwriter employer: Ocean International Reinsurance
Contact Detail:
Ocean International Reinsurance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Property Treaty Underwriter
✨Tip Number 1
Familiarise yourself with the latest trends in Property Treaty underwriting. Understanding emerging risks and pricing strategies will not only enhance your knowledge but also demonstrate your commitment to the role during interviews.
✨Tip Number 2
Network with professionals in the industry, especially those who work in Property Treaty underwriting. Attend relevant conferences or webinars to build connections and gain insights that could give you an edge in your application.
✨Tip Number 3
Brush up on your analytical skills, particularly in using Excel and catastrophe models like RMS or AIR. Being able to showcase your proficiency in these tools can set you apart from other candidates.
✨Tip Number 4
Prepare for potential interview questions by practising your negotiation and relationship management skills. Think of examples from your past experiences where you successfully managed client relationships or negotiated terms.
We think you need these skills to ace Property Treaty Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in Property Treaty underwriting or broking. Emphasise your analytical skills, technical knowledge, and any specific pricing models you have used.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with their needs, particularly in developing and maintaining relationships with brokers and clients.
Showcase Your Analytical Skills: Provide examples of how you've successfully evaluated risks and developed pricing strategies in previous roles. Use specific metrics or outcomes to demonstrate your impact on profitability and growth.
Highlight Communication Abilities: Since excellent communication skills are essential for this role, include instances where you've effectively negotiated or managed relationships with clients or brokers. This will show that you can thrive in a client-facing position.
How to prepare for a job interview at Ocean International Reinsurance
✨Showcase Your Technical Knowledge
Make sure to highlight your experience with Property Treaty business and pricing models during the interview. Be prepared to discuss specific examples of how you've used analytical skills and financial modelling in past roles.
✨Demonstrate Relationship Management Skills
Since the role involves maintaining broker and client relationships, be ready to share instances where you've successfully built and nurtured these connections. Emphasise your communication skills and ability to negotiate effectively.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and decision-making under pressure. Think of scenarios where you had to make quick underwriting decisions and how you approached those situations.
✨Research Oceanre's Culture and Values
Familiarise yourself with Oceanre's commitment to discipline, transparency, and inclusivity. Be prepared to discuss how your personal values align with their culture and how you can contribute to their goals.
