Risk Underwriter in London

Risk Underwriter in London

London Full-Time On-site
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The Underwriter will seek to develop the International Casualty line of business with a particular focus to include London Market, in addition to other territories, through Aspen’s Lloyds Syndicate, underwriting risks in accordance with the business plan and within delegated underwriting authority. Location: This position will be based out of our London office. Underwrites and manages insurance risks in line with the business plan, delegated underwriting authority, legal/regulatory requirements, reinsurance requirements, underwriting standards, and good practice to meet objectives while minimizing risk. Monitors portfolio performance and underwriting activity by supporting portfolio reviews, producing management information reports, tracking progress against objectives, and ensuring underwriting data, aggregate exposures, and DUA-related records are accurate and timely. Contributes to strategy, planning, and prioritization by advising on plan developments, supporting operational team plans aligned to wider business strategy, and managing own priorities to achieve functional objectives. and applying awareness of market dynamics and cycles to support business performance. Extensive underwriting knowledge in the relevant class/portfolio, including class-specific underwriting, reinsurance, market conditions, risk profiling, pricing tools, and loss models. Strong understanding of underwriting systems, processes, procedures, EPAs, and applicable legal/regulatory requirements, including FCA and Lloyd’s regulations. Proficient in MS Office and departmental software, with the ability to produce MI and detailed reports, analyze data, and apply insights to decision-making. At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees. Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance. Health & Wellness Benefits Retirement & Savings Plans Global Parental Leave & Adoption Assistance Employee Assistance Program Tuition Reimbursement & Professional Qualification benefits Who we are and what we stand for: At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide. Life at Sompo | Sompo Our values come to life in how we hire and grow talent. If you need an accommodation for any part of the application process, please contact the recruiter in charge. SummaryLocation: London, United KingdomType: Full time

Risk Underwriter in London employer: Sompo International

Sompo is an exceptional employer, offering a dynamic work environment in the heart of London where Actuarial Analysts can thrive and develop their careers. With a strong focus on collaboration, employee growth opportunities, and a commitment to diversity and inclusion, we provide competitive compensation and comprehensive benefits that support our employees' well-being and professional development. Join us to make a meaningful impact while working alongside experienced professionals in the exciting field of Specialty Lines insurance.

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Contact Details:

Sompo International Recruitment Team