Underwriter

Hartford; City of London; On-site; GBP 40,000 - 65,000; Full time

Job summary

A leading insurance company in London is seeking an Underwriter II to support the profitability of the General Liability portfolio. This role involves underwriting new and renewal accounts, negotiating terms with brokers, and maintaining strong relationships. Candidates should have relevant experience in the UK Liability market along with strong analytical and communication skills. Opportunities for professional development and growth are available.

Qualifications

• Relevant experience within the UK Liability and/or International GL marketplace.
• Broad knowledge of all classes of business written within the HIG Group.
• Excellent communication, interpersonal, and presentation skills.

Responsibilities

• Underwrite new and renewal accounts to meet planned underwriting results.
• Negotiate account participation, pricing, and terms with brokers.
• Support development and execution of global underwriting strategies.

Skills

UK Liability knowledge

Analytical skills

Relationship management

Attention to detail

Time management skills

Education

Degree or equivalent

Job description

Underwriter page is loaded## Underwriterlocations: London, UKtime type: Full timeposted on: Posted Todayjob requisition id: R2522716INTL Underwriter II - UW08WZWe’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.Underwriting position within the General Liability London market operation. The role will have both a personal and collective responsibility for supporting the future growth and profitability of the General Liability portfolio by underwriting business in line with our appetite and partnering with wholesale and retail brokers to build and maintain relationships, and assist them with their client’s insurance needs.Job Responsibilities:* Underwrite new and renewal accounts to meet planned underwriting results, through proactive account review, analysis of underwriting trends, use of supporting tools and raters, and improvement plans to maintain profitability.* Negotiate account participation, pricing and terms and conditions with brokers.* Underwrite in line with General Liability risk agreed strategy - e.g. Underwriting Authorities, Underwriting Guidelines, Rules and Principles.* Support development and execution of the General Liability global underwriting and marketing strategies.* Work closely with the GL team to drive development opportunities, whilst maintaining a balanced portfolio* Proactively support acquisition of new business and retention of existing business through both market and one-on-one meetings with our Insureds / potential Insured’s.* Develop and maintain strong relationships with key Brokers. This may include overseas travel on behalf of the team.* To keep abreast of development of claims within the GL book and to liaise with the claims team as necessary to support appropriate settlement of claims.* To contribute, as required, to the monthly, quarterly and annual reporting of Underwriting results as required.* Followed assigned underwriting authority and adequately document account files.* This role will be based in London, UK and you are required to have the necessary right to work details prior to application.Experience:* Relevant experience within the UK Liability and / or International GL marketplace* Broad knowledge of all classes of business written within the HIG Group* Willingness to continue to develop knowledge of Insurance and related issues through formal and informal learning* Ability to develop and sustain relationships with internal and external business partners* Team player with ability to work on a stand-alone basis* Energetic, self-starter with solid time and desk management skills, able to prioritise and organise workload* Goal and detail oriented, with superior technical & sound decision making and analytical skills* Excellent communication, interpersonal and presentation skillsOther:* Business level English* Degree or equivalent combination of education/experience preferred* Second Language skills advantageous* Working towards ACII designation or similar | |