Senior Underwriter - Casualty Treaty

HFG; London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading Lloyd's Syndicate in London is seeking a Senior Underwriter to join their Casualty Treaty team. The role involves managing a significant book size and requires extensive experience in Casualty Reinsurance, particularly in the US market. The ideal candidate will support strategic initiatives and ensure compliance with underwriting standards while building strong relationships within the industry.

Qualifications

• 10+ years of experience in Casualty Treaty underwriting.
• Experience covering International or US business with a focus on the US market.

Responsibilities

• Support creation and implementation of portfolio's business plan.
• Conduct complex underwriting activities in compliance with standards.
• Build relationships with stakeholders to achieve business goals.

Skills

Pricing Knowledge

Strong Exposure

Technical Expertise

Job description

New Vacancy - Senior Underwriter (Casualty Treaty)
City of London
Lloyd's Syndicate

I am currently recruiting for a leading Lloyd's Syndicate that is seeking a Senior Underwriter to join their growing Casualty Treaty team.

My client is looking for an experienced Casualty Treaty Underwriter with 10+ years of experience, covering either International or US business, with a focus on the US market. This is a pure Syndicate role managing a book size of over $200m. The ideal candidate will have strong exposure, pricing knowledge, and a good understanding of the Casualty Reinsurance (RI) space.

Key Responsibilities

• Support the creation and implementation of the portfolio's business plan.
• Participate in meetings to share insights, develop strategies, and promote best practices.
• Advocate for the department and company to enhance brand presence.
• Implement reinsurance strategies to protect the portfolio.
• Conduct complex underwriting activities in compliance with legal and regulatory standards.
• Follow underwriting standards, guidelines, and best practices to manage risk and improve efficiency.
• Accurately record and assess insurance risks, including Delegated Underwriting Authorities (DUA), and revise policy wordings as needed.
• Apply reinsurance requirements to mitigate risks and meet business targets.
• Serve as a technical expert to identify issues and opportunities within your area of expertise.
• Build relationships with stakeholders including customers, brokers, and partners to achieve business goals.
• Support market associations and trade organizations.
• Stay informed about market trends to enhance business performance.
• Enhance technical knowledge through ongoing learning and development.
• Underwrite complex risks aligned with the business plan and delegated authority, negotiating rates, terms, and conditions.
• Review and analyze the portfolio to monitor progress toward objectives.
• Ensure peer review of all business and compliance with underwriting standards and authority limits.