Hybrid US Property Underwriter – Delegated Property

Münchener Rückversicherungs-Gesellschaft; City of London; On-site; GBP 55,000 - 75,000; Full time

Job summary

A leading insurance provider in London is seeking a US Property Underwriter. The role involves underwriting new and renewal property binders, managing relationships with brokers, and ensuring compliance with regulatory obligations. The ideal candidate will possess advanced knowledge of US Commercial property business and relevant regulations. This position offers a comprehensive benefits package including health insurance and hybrid working options.

Benefits

25 days Annual Leave + Bank Holidays

10% Non-contributory Pension

Eligibility for an Annual Bonus

Private Medical + Dental Insurance

Wellbeing and Development Scheme

Hybrid Working + IT Home Set-up Support

Qualifications

• Strong judgement in underwriting matters.
• Ability to manage relationships with brokers and clients.
• Knowledge of legal principles and underwriting procedures.

Responsibilities

• Underwrite new and renewal Property binders.
• Service existing binder contracts.
• Conduct effective relationships with Coverholders and Brokers.
• Review rate structures and underwriting guidelines.

Skills

Advanced knowledge of US Commercial property business

Understanding of FCA / PRA and Lloyd’s regulations

Familiarity with underwriting principles

Basic understanding of potential risks

Job description

A leading insurance provider in London is seeking a US Property Underwriter. The role involves underwriting new and renewal property binders, managing relationships with brokers, and ensuring compliance with regulatory obligations. The ideal candidate will possess advanced knowledge of US Commercial property business and relevant regulations. This position offers a comprehensive benefits package including health insurance and hybrid working options.