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Property Underwriter

SiriusPoint Ltd.

United Kingdom

Hybrid

GBP 50,000 - 70,000

Full time

30+ days ago

Job summary

A leading company in insurance and reinsurance seeks a Property Underwriter to assess risks, manage portfolios, and drive underwriting results in a hybrid setting. Join a team united in providing innovative risk solutions and making a meaningful impact. Bring your expertise to a supportive and performance-driven environment.

Qualifications

  • 3-5 years of experience in property underwriting.
  • Experience with MGA and Binders is preferred.
  • Ability to manage multiple deals effectively.

Responsibilities

  • Underwrite and administer risks and issue compliant documentation.
  • Collaborate with brokers and clients for risk evaluation.
  • Manage portfolio performance and strive for efficiency.

Skills

Negotiation
Risk Evaluation
Numeracy

Tools

PC skills

Job description

Underwriter – Property

London – Hybrid

Who We Are

SiriusPoint is a global underwriter of insurance andreinsurance. We utilize deep risk capabilities to protect ourcustomers and provide intelligent risk solutions to clients andbrokers around the world.Bermuda-headquartered and listed on the New York StockExchange (SPNT), wework as ‘One SiriusPoint’, to applyexpertise and underwrite risks across our four operationalareas - InternationalInsurance,North American Insurance,Global Accident and Health,andGlobal Reinsurance.

We have underwriting hubs in Bermuda, Liege,London, NewYork, Stockholm and Toronto, and licenses to write Property& Casualty and Accident & Health insurance and reinsuranceglobally.

Join Our Team

As a Property Underwriter you will provide a pivotal role in assessing and evaluating risks, managing portfolios, and driving underwriting results. Your responsibilities include:

  • Underwrite and administer risks (including new and existing business as well as midterm adjustments) and issue accurate, compliant documentation on behalf of Insurers.
  • Demonstrate strong trading and negotiation skills.
  • Manage the ongoing performance improvement, balance efficiency and discipline in underwriting the portfolio.
  • Achieve any individual targets and contribute towards team/business targets.
  • Collaborate with brokers and clients to gather necessary and accurate information to provide risk evaluation.
  • Work closely with Exposure Management to mitigate the portfolio risks.
  • Develop a strong relationship with the Ceded team to enable the purchase of appropriate reinsurance
  • Develop and maintain strong professional relationships with all key stakeholders.
  • To clearly demonstrate strong trading, sales, and negotiation skills in the attainment of new and renewal business.
  • Rate renewals, issue and communicate effectively with our clients to ensure we retain and secure cases/renewals.
  • Review cases, and if we are required to place elsewhere or improve profitability, explore solutions and present back with options.
  • Deal with any mid-term adjustments on existing policies.

What We Are Looking For

  • Minimum 3-5 years relevant experience in real estate and/or property underwriting of commercial property risks
  • Experience in working with MGA and Binders
  • Good numeracy skills as well as good PC and software skills
  • Ability to handle multiple deals in parallel without losing oversight
  • High level of productivity and will to deliver
  • Track record of working closely with stakeholders to build strong strategic relationships

United behind common goals

At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make at SiriusPoint. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career.

Our Purpose is to provide security and resilience in an uncertain world.

Our Vision is to be recognized as a best-in-class insurer and reinsurer utilizing deep risk capabilities to protect our customers. Blending our talent, expertise and data to provide intelligent risk solutions.

Our culture is one ofperformance and accountability. Our people are our experts and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment.

OurValues are at the heart of our business, and which guide everyday actions and decision making.

  • Integrity: Integrity, respect and trust are our core principles
  • Customer Focused: Our customers are the reason we exist
  • Solution Driven: Creating solutions is our mindset
  • Diversity: Diversity, inclusion and allyship make us stronger
  • Collaboration: Collaboration drives outperformance

Why Should You Join SiriusPoint?
Our people are our experts, and from day one you will be empowered to apply your expertise in a supportive, collaborative, and purposeful environment.Our Values - Integrity, Customer Focused, Solution Driven, Diversity, and Collaboration - are at the heart of our business, and they guide our everyday actions and decision making. We also unite our global team behind common goals, ensuring you can make a meaningful impact.

We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career. We offer a competitive and above market compensation package.

We Achieve More Together
At SiriusPoint, we know that diversity, inclusion and allyship make us stronger. We value and are committed to supporting the unique voices, backgrounds, cultures, lifestyles, and contributions of the diverse global employee base that make up our business.

We know that a diverse and equitable culture, where all voices are included and heard, is critical to our success as an employer. We are committed to developing our DE&I strategy to ensure that SiriusPoint remains a supportive and empowering place of work.

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