Senior Underwriter, Casualty

SiriusPoint Ltd.; City Of London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A global insurance firm is seeking a Casualty Underwriter in London. The role involves underwriting and managing a profitable portfolio while adhering to guidelines. Ideal candidates will have a strong background in Casualty underwriting and excellent negotiation and analytical skills. Join a diverse and collaborative team committed to integrity and excellence.

Benefits

Supportive work environment

Commitment to diversity and inclusion

Collaborative company culture

Qualifications

• Experience in negotiating and underwriting within the Casualty sector.
• Ability to build and maintain effective relationships.
• Strong analytical skills for decision-making.

Responsibilities

• Underwrite business to meet objectives while adhering to guidelines.
• Monitor key metrics like premium, losses, and exposures.
• Provide training for junior team members.

Skills

Casualty Treaty experience (London market)

Proven underwriting skills

Effective negotiation skills

Analytical and problem-solving skills

Excellent knowledge of the Lloyd’s market

Education

ACII or equivalent level education

Job description

Overview

SiriusPoint is a global underwriter of insurance and reinsurance. We utilize deep risk capabilities to protect our customers and provide intelligent risk solutions to clients and brokers around the world. Bermuda-headquartered and listed on the New York Stock Exchange (SPNT), we work as ‘One SiriusPoint’, to apply expertise and underwrite risks across our four operational areas - International Insurance, North American Insurance, Global Accident and Health, and Global Reinsurance. SiriusPoint has underwriting hubs in Bermuda, Liege, London, New York, Stockholm and Zurich, and licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally.

Join Our Team

You will be a Casualty Underwriter. You will report to the Head of Casualty, London.

Role purpose

The main purpose of your role is negotiating, underwriting, and maintaining a profitable portfolio of business to meet budgetary requirements, as well as researching new business opportunities to develop a quality book of business.

Responsibilities

• Underwrite business in accordance with the business plan as well as personal authority to meet business objectives whilst acting with integrity and following the ‘One Sirius’ ethos.
• Ensure that SiriusPoint’s Casualty underwriting guidelines, aggregations and risk tolerances are adhered to.
• Monitor and manage key MI such as premium, losses and exposures to provide accurate information for key stakeholders both internally and externally.
• Work with other senior staff to provide training for junior team members.
• Work with Brokers and Insureds to reinforce SiriusPoint Casualty underwriting appetite.
• Adhere to all relevant regulatory requirements and ensure up to date with all changes.

Skills and qualifications

• Casualty Treaty (London market) or (US or International) Casualty Binder experience.
• Proven underwriting skills in this market, or a clear understanding and pathway from a connected discipline or market.
• Effective negotiation skills and ability to influence others.
• Ability to develop and maintain effective working relationships.
• Analytical, problem solving and decision-making skills.
• Excellent working knowledge of the Lloyd’s market and/or company market.
• Educated to ACII (or equivalent) level ideally.

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 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.