At a Glance
- Tasks: Lead underwriting strategy and manage casualty portfolios for profitable growth.
- Company: Join a top property casualty insurer with a culture of innovation and collaboration.
- Benefits: Flexible hybrid work, competitive salary, and opportunities for professional development.
- Other info: Be part of a supportive team focused on customer care and community.
- Why this job: Make a real impact in a dynamic role that shapes the future of insurance.
- Qualifications: Experience in underwriting and strong analytical skills required.
The predicted salary is between 60000 - 75000 £ per year.
Who Are We? Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
What Is the Opportunity? We are seeking a Casualty Underwriting specialist to join our Underwriting Office team as Deputy Casualty Underwriting Officer. In this role, you will apply your technical expertise to support the lead Underwriting Officer and leadership teams across Business Insurance Retail and SME in driving the profitable growth of our Casualty and Third Party portfolios.
You will take a lead role in developing and managing the underwriting strategy for the Business Insurance Retail & SME Casualty portfolio. Working closely with colleagues across underwriting, claims, and actuarial, you will proactively monitor portfolio performance and intervene where needed — contributing to net risk appetite, rate and risk tolerance, volatility, accumulations and aggregations, market indicators, and deviation from plan.
Through oversight and leadership of Underwriting and Portfolio reviews, you will ensure an optimal mix of business that supports our growth and profitability objectives. You will also provide hands‑on guidance to Underwriters on complex casualty risks, playing a pivotal role in maintaining underwriting discipline across the portfolio.
Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full‑time employees working three days a week in the office and two days at home (or pro‑rata for part‑time employees). This policy may be changed at the Company’s discretion.
What Will You Do? Support the development and execution of strategic underwriting direction (both short and long term to include rate strength, appetite, business mix and capacity deployment) and alternative risk.
Deputy Underwriting Officer - Casualty in London employer: Travelers Europe
At Travelers, we pride ourselves on fostering a collaborative and innovative work culture that prioritises the well-being of our employees and communities. As a Deputy Underwriting Officer in our dynamic team, you will benefit from flexible hybrid working arrangements, extensive professional development opportunities, and the chance to contribute to meaningful projects that drive our success in the property casualty insurance sector. Join us and be part of a company that values your expertise and supports your growth in a rewarding environment.
StudySmarter Expert Advice🤫
We think this is how you could land Deputy Underwriting Officer - Casualty in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Travelers Europe). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Travelers Europe. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Deputy Underwriting Officer - Casualty in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Travelers Europe.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Travelers Europe. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Travelers Europe
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Travelers Europe to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Travelers Europe, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Travelers Europe's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
