Deputy Class Underwriter - International General Liability
Chaucer Group
Greater London
On-site
GBP 65,000 - 85,000
Full time
14 days+
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Job summary
A prominent insurance firm in Greater London seeks a Deputy Class Underwriter to manage a profitable portfolio in International General Liability. The ideal candidate will have over 5 years experience in the Lloyd's insurance environment and relevant knowledge of Casualty International Liability Insurance. This role demands excellent interpersonal and communication skills. The position offers opportunities for professional development while ensuring compliance and fostering strong relationships with brokers and clients.
Qualifications
Minimum of 5 years working within the Lloyd’s insurance environment.
Relevant experience in Casualty International Liability Insurance desirable.
Responsibilities
Underwrite and manage a profitable International General Liability book.
Support the Head of Intl GL in writing a profitable book focused on Delegated Authority.
Liaise with brokers and develop good working relationships.
Ensure compliance with Lloyd's and CIC regulations.
Skills
Interpersonal skills
Communication skills
Team player
Adaptability
Knowledge of London and Lloyd’s markets
Education
ACII qualified or working towards
Tools
MS Office (Excel & Word)
PPL
WhiteSpace
In-house underwriting management systems
Job description
Deputy Class Underwriter – International General Liability
Underwrite and manage a profitable International General Liability book.
Support the Head of Intl GL in writing a profitable International General Liability book focused on Delegated Authority business.
Take responsibility for part of the International General Liability class of business, including monitoring and oversight of Delegated Authority business.
Support the production of a business plan for review and agreement by the Divisional Head.
Input into the monthly and quarterly forecasting process for the International General Liability class.
Underwrite in accordance with underwriting authority and the business plan.
Seek out new business opportunities through liaison with brokers and clients.
Review new and renewal risks, including slip analyses, perform rating/benchmark analyses and undertake premium monitoring.
Liaise with brokers and develop good working relationships with broking and support teams.
Liaise with other business areas within Chaucer as required, including credit control, claims, internal risk review, actuarial, etc.
Use market, industry and other sources to enhance awareness of technical factors and developments relevant to portfolio underwriting and the Int GL market.
Peer review of Delegated Authority business as allocated under the peer review selection criteria and responsibility matrix.
Ensure the accuracy and upkeep of written premium data on Charisma and other systems for all risks written within the area of responsibility.
Work closely with the Delegated Authority Centre of Excellence as a focal point for Delegated Authority business.
Prepare reports and statistical information as required by senior management.
Assist in the continuous assessment of rating and benchmarking models.
Travel to visit existing and potential clients as required.
Ensure compliance with and maintenance of Group systems.
Compliance with Lloyd's and CIC regulations and byelaws.
Regulatory Responsibilities
Manage the relationships with customers, agents and service providers.
Ensure that the principles of Treating Customers Fairly are upheld by agents and service providers.
Ensure that brokers, cedants and coverholders are vetted and approved by compliance and that TOBAs are in place prior to engaging and/or writing business with them.
Essential Requirements
Minimum of 5 years working within the Lloyd’s insurance environment.
Desirable: Relevant experience in Casualty International Liability Insurance or related classes and knowledge of the London and Lloyd’s markets.
Comfortable with using in‑house underwriting management systems.
Detailed understanding of fundamental insurance/reinsurance concepts, MRC slip standards, contract certainty requirements, market standard model clauses (NMA, LMA, LSW model endorsements & exclusions), and class‑specific terms and conditions.
Education & Experience
Desirable: ACII qualified or working towards achieving association.
Personal Skills
Very good interpersonal skills.
Excellent communication skills with the ability to liaise at all levels.