Senior Terrorism & Political Violence Underwriter

TN United Kingdom; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Senior Terrorism & Political Violence Underwriter to join their London team. In this pivotal role, you will assist in crafting and executing the business plan for the Political Violence sector, driving underwriting efforts to achieve targeted income and growth. Your expertise in underwriting principles and legal frameworks will be essential as you negotiate contracts and lead initiatives to enhance the portfolio. If you're ready to make a significant impact in a dynamic environment, this opportunity is perfect for you.

Qualifications

• Advanced understanding of underwriting principles and legal principles.
• Knowledge of FCA and Lloyd’s regulations and Political Violence risks.

Responsibilities

• Assist in creating and delivering the business plan for the Political Violence team.
• Underwrite Political Violence risks and lead projects to diversify the portfolio.

Skills

Underwriting principles

Legal principles

FCA and Lloyd’s rules and regulations

Political Violence risks

Job description

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Senior Terrorism & Political Violence Underwriter, London

Location: London, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Reference:

fc4a2e65c82c

Job Views:

4

Posted:

05.05.2025

Expiry Date:

19.06.2025

Job Description:

The Role

• Assist in creating and delivering the business plan for the Political Violence team, driving underwriting efforts to meet targeted income levels and growth targets.
• Underwrite Political Violence risks, exercising judgment within established limits, and in accordance with the underwriting business plan.
• Lead projects and initiatives such as new sub-classes and products to serve clients and diversify the portfolio in terms of risk and income.
• Conduct book reviews, monitor portfolio performance, and ensure execution of the business plan.
• Monitor and record all aggregate and reporting information accurately.
• Review slips and other documentation, using knowledge and experience to exercise judgment within authority limits.
• Negotiate new wordings and structures to meet client needs and regulatory requirements, maintaining prudent risk appetite aligned with underwriting strategy.
• Follow and maintain company procedures and systems as per manuals.
• Address contract certainty issues for relevant risks and review existing contracts for amendments consistent with underwriting philosophy.
• Monitor risk entry recordings and make necessary amendments.
• Coordinate with Peer Review Group for appropriate information sharing and responses related to the Political Violence account.

Knowledge and Skills

• Advanced understanding of:
• Underwriting principles
• Legal principles
• FCA and Lloyd’s rules and regulations, including contract certainty
• Company-specific procedures related to the role and supervision
• Political Violence risks
• Intermediate understanding of:
• Other syndicate lines of business
• Roles of colleagues and their relation to the firm’s structure and business plans

If your experience doesn’t perfectly match all requirements, we encourage you to apply. You might be the candidate we are looking for!