LICL Senior Credit Reinsurance Underwriter

Lancashire Inc.; Greater London; Sur place; GBP 90 000 - 140 000; Plein temps

Résumé du poste

Lancashire seeks a Senior Credit Reinsurance Underwriter in London to support the Head of Mortgage and Credit Reinsurance in managing and developing a global Credit Reinsurance book.

Responsibilities include leading underwriting analysis, pricing reviews, and client/broker meetings, with a focus on whole-turnover trade credit and related products, ensuring data accuracy and regulatory alignment.

Qualifications

• 10+ years of experience in credit (re)insurance as broker or underwriter.
• Strong relationships with London Market and European brokers and clients.
• Self-motivated with ability to work independently and under pressure.
• Ability to manage workload and meet tight deadlines, including outside normal hours.

Responsabilités

• Build and manage a diverse global Credit Reinsurance book for Lancashire Group.
• Lead underwriting analysis, pricing reviews, and contract review.
• Present underwriting reports and monitor unusual trends or adverse movements.
• Represent Lancashire in client and broker meetings with professional conduct.
• Ensure accuracy and integrity of underwriting data in group systems.

Connaissances

Credit underwriter

Reinsurance underwriting

Client relationships

Pricing analysis

Regulatory knowledge

Negotiation

Outils

MS Office

Excel

Word

Description du poste

LICL Senior Credit Reinsurance Underwriter

Application Deadline: 3 November 2026

Department: Underwriting

Employment Type: Permanent - Full Time

Location: London

Description

The primary purpose of the role is to support the LICL Head of Mortgage and Credit Reinsurance to manage, develop and write a Credit Reinsurance book of business.

Specific Responsibilities

• Work alongside LICL Head of Mortgage and Credit Reinsurance, and Group Head of Casualty to build and manage a diverse book of global Credit Reinsurance business for the Lancashire Group
• Credit Reinsurance includes at a minimum, whole-turnover trade credit, single-risk credit, contract frustration, political risk, surety, title, structured credit, and mortgage
• A strong understanding of several of the underlying insurance products is paramount
• Sourcing business from the best in class insurance companies is a key part of this role, therefore proven relationships with carriers and brokers alike is important
• Assess the viability of underwriting opportunities, both within and outside of our pricing models, triaging where appropriate
• Lead the analysis of opportunities within appetite, including pricing, structure review and contract review
• Participate in client and broker meetings, representing Lancashire in a professional manner.
• Produce and present underwriting reports including the review of underwriting figures on a regular basis so that unusual trends and / or adverse movements may be dealt with, and appropriate action taken
• Provide guidance that could assist in the evolution of our pricing models
• Monitor market developments and remain current regarding knowledge of business, and legislated and regulatory changes. Proven familiarity with various regulatory framework is preferable.
• Ensure accuracy and integrity of underwriting data in group underwriting systems
• Maintain and adhere to group underwriting procedures, controls and systems under remit and report any trigger/alert factors that have the positional to negatively impact the reputation or financial position of the firm
• Operate with a high degree of personal responsibility and accountability for the maintenance of a portfolio of clients
• Keep abreast of changing risk and insurance market conditions
• Responsible for policy management including follow up for policies, review of policy against bound terms & conditions, request for corrections, if any and delivery of reviewed policy to Distribution for delivery to client

Essential Skills & Requirements

• Minimum 10 years of combined experience as a Credit (re)insurance broker or credit (re)insurance underwriter.
• Strong relationships with London Market and European brokers and clients
• Self-motivated and fully capable of working on their own initiative
• Ability to manage own workload as well as work as part of a team – must be able to work well under pressure
• Willingness and ability to work beyond normal office hours and weekend/public holidays to meet tight deadlines
• Superior technical, organizational, and interpersonal skills, specifically regarding written and verbal communication and presentation
• Strong analytical and negotiation skills
• Ability to adapt to changing priorities and to multitask
• Accuracy and attention to detail with high standards of work
• Excellent written and verbal communications skills, and interpersonal skills
• Excellent IT skills including MS Office, Word and Excel (Intermediate) skills

The Lancashire Way

At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.

Straight-talking

We feel empowered to share thoughts and ideas, because everyone’s voice matters.

Collaborative

We work together towards common goals, share knowledge and support each other.

Hard-working

We all have a stake in the company’s success and are proactive in contributing to our goals and vision.

Responsible

We focus on achieving tangible results with consistent standards across the Group.

Positive

We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.