About us
Avencia consulting are partnered with a leading speciality insurer and member of the Talanx Group, one of the largest insurance groups in the world. Who are looking to recruit a Property Underwriter in their London office.
Job purpose
Carefully select, underwrite and retain / acquire profitable risks, and deliver consistently at a high level the company’s products and proposition to Brokers and Customers. Work in collaboration with colleagues to positively contribute to the successful delivery of the Property Department’s business plans and goals.
Key Accountabilities
*Be part of a successful team, and have a willingness to offer assistance and support to the property team, and the wider network.
*Act as initial referral, authoriser and support for Assistant Underwriters.
*Underwrite and trade successfully individual risks in accordance with company strategy, and guidelines within Underwriting Authority.
*Develop and maintain a robust pipeline of new business, up-sell and x-sell opportunities.
*Deliver consistently and accurately our customer and broker propositions.
*Ability to work collaboratively with business partners and colleagues to successfully deliver our product and proposition.
*Deliver positively against the business plan and Key Performance Indicators.
*Actively participate and contribute to the Property Department.
*To undertake any other tasks as requested by the management team.
*Represent the Property Department and actively participate on internal sponsored forums, committees and projects.
*Enhance professional profile within the insurance industry, and cultivate strong relationships with our Customers and Brokers.
*Continually enhance your knowledge of; underwriting, risk assessment/management, regulatory and industry practice, and meet the minimum Continued Professional Development requirements.
*Lead by example through seeking out and leveraging diversity in all its forms and to create an inclusive work environment where innovation and fresh perspectives are embedded for the benefit of our people, our business and for the customers and communities that we support.
*Fulfil individual risk and compliance related obligations, and provide support to and monitoring of the business’ adherence to Group and Regulator guidelines.
*Provide proactive risk and compliance awareness by reporting any incidents or breaches identified within our compliance requirements.
Skills and experience
*CII, Diploma in Insurance or Advanced Diploma in Insurance qualification is preferrred or equivalent risk assessment/management, underwriting, contract law and regulatory experience.
*Experience in underwriting US wholesale business
*Experience in risk assessment and underwriting of all types of insurance placements. Knowledge of the reinsurance and overseas markets.
*Relevant technical commercial property underwriting experience
*Good understanding of insurance and the terminologies used, across all lines of business.
*Good technical understanding about underwriting policy construction;
*Able to evaluate information from a variety of sources and solve problems.
*Good decision-making skills; able to consider the costs and benefits of various decisions and choose the appropriate one.
*Good communication and interpersonal skills;
*Accuracy and attention to detail. Maintain accurate, orderly and methodical paper and electronic files that should always be available for auditing and meet regulatory requirements.
*Self-motivated and able to organise own workload effectively to meet service standards.
*Deadline focused; able to work under pressure to meet tight deadlines.