At a Glance
- Tasks: Underwrite casualty treaty business and develop strategic relationships with clients and brokers.
- Company: Join a leading reinsurance firm with a focus on innovation and teamwork.
- Benefits: Competitive salary, professional development, and opportunities for mentorship.
- Other info: Dynamic environment with opportunities for career advancement and personal growth.
- Why this job: Make a significant impact in a high-stakes role while mentoring the next generation.
- Qualifications: Experience in Casualty Treaty Reinsurance and strong analytical skills required.
The predicted salary is between 60000 - 80000 € per year.
We are seeking an experienced Senior Underwriter, Casualty Treaty to play a key role in delivering the Casualty Treaty business plan. This is a high-impact position offering significant involvement in underwriting strategy, portfolio development, broker engagement and team mentoring.
Reporting to the Head of Casualty Treaty, you will underwrite business within agreed authority, support the development of the portfolio, and act as a senior technical presence within the team.
Key Responsibilities- Underwrite casualty treaty business in line with underwriting guidelines, processes and delegated authority
- Support the Head of Department in business planning, budget activity and portfolio strategy
- Promote and develop client and broker relationships through meetings, travel and marketing activity
- Assess emerging risks, market developments and underwriting issues, and recommend appropriate actions
- Ensure robust technical evaluation of exposures in collaboration with Actuarial
- Support pricing tool development and ensure correct and consistent usage
- Ensure all underwriting decisions, peer reviews and records are fully documented and compliant
- Contribute to quarterly post-mortem reviews, providing analysis on new business, declined risks and market conditions
- Support retrocession purchase analysis where required
- Maintain underwriting discipline and ensure adherence to governance frameworks
- Assist in the development and ongoing maintenance of casualty aggregate monitoring processes and controls
- Work with Actuarial to develop realistic disaster and aggregation scenarios
- Mentor and support junior members of the Casualty Treaty team
- Contribute to training, research projects and broader team development initiatives
- Escalate relevant team and portfolio issues to senior leadership as appropriate
- Strong, demonstrable experience in Casualty Treaty Reinsurance underwriting
- Excellent knowledge of the reinsurance market and underwriting processes
- Strong commercial and financial acumen
- Highly analytical, numerate and detail-focused
- Confident communicator with strong written and verbal skills
- Proven ability to manage competing priorities and meet deadlines
- Capable of working independently while promoting a collaborative, collegiate culture
- Degree educated (preferred but not essential)
Senior Underwriter employer: W. R. Berkley Corporation
As a leading player in the reinsurance sector, our company offers an exceptional work environment for Senior Underwriters, particularly in our vibrant London office. We pride ourselves on fostering a collaborative culture that encourages professional growth through mentorship and continuous learning, while also providing competitive benefits and a strong focus on work-life balance. Join us to be part of a dynamic team where your expertise will directly influence our strategic direction and client relationships.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or attend local events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Underwriter role.
✨Tip Number 2
Prepare for interviews by researching the company and its underwriting strategies. We want you to be able to discuss how your experience aligns with their goals, especially in Casualty Treaty. Show them you’re the perfect fit!
✨Tip Number 3
Practice your pitch! Be ready to explain your past experiences and how they relate to the responsibilities of the role. We suggest rehearsing with a friend or in front of a mirror to boost your confidence.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can go a long way. We believe it shows your enthusiasm for the position and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Senior Underwriter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience in Casualty Treaty Reinsurance and any relevant achievements that align with the responsibilities mentioned in the job description.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this position. Use it to showcase your understanding of underwriting strategy and how you can contribute to our team’s success.
Showcase Your Analytical Skills:Since this role requires strong analytical abilities, make sure to include examples of how you've successfully assessed risks and made data-driven decisions in your previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at W. R. Berkley Corporation
✨Know Your Underwriting Inside Out
Make sure you brush up on your knowledge of Casualty Treaty reinsurance. Be prepared to discuss specific underwriting guidelines and processes, as well as any recent market developments. This will show that you're not just familiar with the basics but are also engaged with current trends.
✨Showcase Your Analytical Skills
Since this role requires a strong analytical mindset, come ready to discuss how you've tackled complex underwriting issues in the past. Prepare examples where your analytical skills led to successful outcomes, especially in portfolio development or risk assessment.
✨Demonstrate Leadership Qualities
As a Senior Underwriter, you'll be expected to mentor junior team members. Think of instances where you've taken on a leadership role, whether in a formal capacity or informally. Highlight how you’ve contributed to team development and supported others in their growth.
✨Engage with the Interviewers
Don't forget that interviews are a two-way street! Prepare thoughtful questions about the company's underwriting strategy and team dynamics. This not only shows your interest but also helps you gauge if the company culture aligns with your values.