At a Glance
- Tasks: Underwrite individual risks and manage relationships with coverholders in the Lloyd's market.
- Company: Join a leading international insurance firm with a focus on innovation.
- Benefits: Competitive salary, professional development, and opportunities for travel.
- Other info: Collaborative environment with opportunities to mentor junior colleagues.
- Why this job: Make an impact in the dynamic world of international general liability insurance.
- Qualifications: 5+ years of underwriting experience and strong technical knowledge required.
The predicted salary is between 60000 - 80000 € per year.
Key Accountabilities & Role Requirements:
- Underwriting individual risks
- Underwrite at the Lloyd’s box
- Manage coverholder relationships through regular dialogue
- Keep abreast of legal changes in key territories and their impact on our portfolio
- Travel to see coverholders, clients and brokers in key territories
- Managing market dynamics through the market cycle
- Pipeline and development of opportunities with key brokers
- Managing internal stakeholders
- Work within agreed Underwriting Authority and Westfield Specialty International Underwriting framework
- Deputise for the Head of International Liability where required
- Cross sell with other lines of business (particularly Property / FinPro)
- Working with colleagues to train and develop more junior colleagues
Skills & Competencies Required:
- Proven experience underwriting GL risks in the Lloyd’s or international insurance market.
- Strong technical knowledge of GL related risk.
- Understanding of market cycles, broker dynamics, and regulatory environment within Lloyd’s and global insurance markets.
- Excellent negotiation, communication, and presentation skills.
Qualifications & Experience:
- Minimum 5 years of underwriting experience in General Liability Insurance.
- ACII qualification (or working towards completion)
This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.
Senior Underwriter, International General Liability in London employer: Westfield Insurance
At Westfield Specialty, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our commitment to employee growth is evident through ongoing training opportunities and the chance to work alongside industry leaders in the Lloyd's market. Located in a vibrant area, we provide our team with a supportive environment where they can thrive both professionally and personally.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter, International General Liability in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work with Lloyd’s or have experience in General Liability. A friendly chat can lead to opportunities you might not find on job boards.
✨Tip Number 2
Show off your expertise! When you get the chance to meet potential employers or industry peers, don’t hold back on discussing your underwriting experience and knowledge of market dynamics. Let them see why you’re the perfect fit for the role.
✨Tip Number 3
Stay updated on industry trends! Make sure you’re aware of any legal changes and how they impact the General Liability landscape. This will not only help you in interviews but also show that you’re proactive and engaged in your field.
✨Tip Number 4
Apply through our website! We’ve got a streamlined process that makes it easy for you to showcase your skills. Plus, it shows you’re genuinely interested in joining our team at StudySmarter.
We think you need these skills to ace Senior Underwriter, International General Liability in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in underwriting GL risks, especially within the Lloyd’s market. We want to see how your skills match up with what we’re looking for, so don’t be shy about showcasing your relevant achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Senior Underwriter role. Mention your understanding of market cycles and broker dynamics, and how you can contribute to our team at StudySmarter.
Showcase Your Communication Skills:Since excellent communication is key in this role, make sure your application reflects that. Use clear and concise language, and don’t forget to highlight any experience you have in managing relationships with coverholders or brokers.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining the StudySmarter family!
How to prepare for a job interview at Westfield Insurance
✨Know Your Underwriting Stuff
Make sure you brush up on your knowledge of General Liability risks, especially in the Lloyd’s market. Be ready to discuss specific cases you've underwritten and how you navigated challenges. This shows you’re not just familiar with the theory but have practical experience too.
✨Build Rapport with Coverholders
Since managing coverholder relationships is key, think about how you can demonstrate your ability to build strong connections. Share examples of how you've successfully engaged with coverholders or brokers in the past, and be prepared to discuss your approach to maintaining those relationships.
✨Stay Updated on Legal Changes
Keep yourself informed about recent legal changes that could impact the insurance landscape. Bring up any relevant changes during the interview to show that you’re proactive and understand the broader implications for underwriting.
✨Showcase Your Team Spirit
As you'll be working with junior colleagues and other lines of business, highlight your experience in training and collaboration. Share specific instances where you’ve helped develop others or worked cross-functionally, as this will demonstrate your leadership potential.
