About us
Avencia Consulting are partnered with a leading Insurer based in the City who are looking to hire a Space Underwriter to join.
The role
Reporting to the Head of Space, this role will play a key part in developing a space book of business.
We welcome those who are currently working in insurance within a Space team or someone who has an engineering background and keen to enter the sector.
Key accountabilities
*Participate in the underwriting process, evaluation, and presentation of submissions, analysing and interpreting exposures, determining coverage and contract language
*Assist and work with risk modeling and pricing tools
*Originate, leverage, build and maintain broker and client relationships
*Monitor market developments and remain current regarding knowledge of all relevant classes of business, and legislated and regulatory changes / requirements
*Ensure accuracy and integrity of underwriting data in group underwriting systems
*Prepare and issue quotes on an accurate and timely basis
*Supervising and/or mentoring junior members of the team
*Ensure compliance with internal and external underwriting regulations, liaising as appropriate with external bodies such as brokers, clients, auditors, and regulators as required
*Assist with strategic initiatives as needed to promote business growth
Skills & experience
*Minimum of 3 years’ experience in a broking, underwriting or currently working in the space and defence sector
*Established networks and strong existing relationships with brokers and clients, and ability to independently manage meetings
*Excellent analytical skills, with a working knowledge of and ability to interpret the outputs of pricing models, and the statistical skills necessary to perform analyses on first principles
*Proven negotiator, with demonstrated ability to attract new business and retain clients