Deputy Underwriting Officer - Casualty

TN United Kingdom; Redhill; Hybrid; GBP 50,000 - 80,000; Full time

Job summary

An established industry player is seeking a Deputy Underwriting Officer specializing in Casualty to join their dynamic team in Redhill. In this pivotal role, you will leverage your extensive underwriting expertise to support strategic initiatives and guide a talented team. With a hybrid working model, you will enjoy the flexibility of working both in the office and remotely. This position not only offers a competitive salary but also a generous new joiner bonus and a comprehensive benefits package, including private medical insurance and retirement contributions. If you are passionate about underwriting and ready to make a significant impact, this opportunity is perfect for you.

Benefits

Private Medical Insurance

Retirement Plan Contributions

25 Days Annual Holiday

Wellness Programs

Community Engagement Opportunities

Qualifications

• Extensive experience in commercial underwriting within property and casualty sectors.
• Leadership skills with the ability to develop and guide team members.

Responsibilities

• Support strategic underwriting initiatives and assist in establishing strategies for rate adequacy.
• Mentor and coach underwriting staff to meet standards and profitability goals.

Skills

Commercial Underwriting

Leadership Skills

Communication Skills

Casualty Underwriting Experience

Relationship Building

Tools

Microsoft Office

Job description

Deputy Underwriting Officer - Casualty, Redhill

Travelers is seeking a Casualty Underwriting specialist to join our Underwriting Office team as Deputy Casualty Underwriting Officer. In this role, you will leverage your expertise in Casualty to support the lead Underwriting Officer and leadership teams across Business Insurance Retail, SME, and Specialty, focusing on monitoring and contributing to the profitable growth of our Casualty and Third Party portfolios.

Your responsibilities will include developing and managing underwriting strategies, collaborating with colleagues in underwriting, claims, and actuarial teams, and overseeing portfolio reviews to ensure business mix, growth, and profit objectives are met. Travelers Europe offers a hybrid working arrangement, allowing employees to work three days in the office and two days remotely, subject to policy updates. This role is eligible for a £2,500 new joiner bonus, with additional referral bonuses possible.

Key Responsibilities:

• Support strategic underwriting initiatives, including setting risk appetite, rate, and market positioning.
• Assist in establishing strategies for rate adequacy and product pricing within assigned portfolios.
• Contribute to governance and oversight of rating tools and infrastructure.
• Analyze emerging trends and provide underwriting guidance accordingly.
• Mentor and coach underwriting staff to meet standards and profitability goals.
• Help establish and review underwriting standards and controls.
• Respond to regulatory and legislative changes impacting underwriting practices.
• Oversee technical content of underwriting materials and coverage documents.
• Perform additional duties as assigned.

Ideal Candidate Profile:

• Extensive experience in commercial underwriting within property and casualty sectors.
• Leadership skills with the ability to develop and guide team members.
• Excellent communication and relationship-building abilities.
• Proficiency in Microsoft Office tools.
• Must have strong Casualty underwriting experience.

Benefits:

• Private Medical Insurance for employees, with options for dependents.
• Retirement plan contributions with company matching.
• Minimum of 25 days annual holiday, with options to purchase additional days.
• Wellness programs and mental health support.
• Volunteer and community engagement opportunities.

Travelers is committed to equal employment opportunity and values diversity in our workforce.