Senior Underwriter - Property Facultative | London, UK | Hybrid

HFG; London; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading Lloyd's Syndicate in London is seeking a Senior Underwriter specializing in Property Facultative. The role involves underwriting complex risks, managing reinsurance activities, and contributing to strategic business decisions. The ideal candidate will have over 10 years of experience in the field, focusing on international business and XOL underwriting.

Qualifications

• 10+ years of experience underwriting Property business.
• Experience with international business and XOL basis.

Responsibilities

• Assist in creating and implementing the business plan for the portfolio.
• Underwrite complex risks, negotiate rates and terms.
• Manage complex reinsurance activities in compliance with standards.

Skills

Underwriting

Risk Assessment

Negotiation

Job description

Senior Underwriter - Property Facultative

Senior Underwriter - Property Facultative

HFG London, United Kingdom Apply now Posted 2 days ago | Hybrid | Permanent | Negotiable

New Vacancy - Senior Underwriter (Property Facultative)
Lloyd's Syndicate
City of London

I am currently recruiting for a leading Lloyd's Syndicate seeking a Property Facultative Underwriter to join their growing team.

The ideal candidate will have 10+ years of experience underwriting Property business, primarily from a Facultative perspective. The role focuses on international business and writing on an XOL basis, though experience with primary business is also considered. You will join a team of 6, with a significant fire severe book.

Key Responsibilities

• Assist in creating and implementing the business plan for the portfolio.
• Support the execution of the business plan, making strategic decisions as needed.
• Participate in meetings to exchange ideas, strategies, and best practices.
• Promote the department and company to maximize brand exposure.
• Implement reinsurance strategies to protect the portfolio.
• Manage complex reinsurance activities in compliance with legal and regulatory standards.
• Adhere to underwriting standards and guidelines to manage risk and improve efficiency.
• Assess and record insurance risks accurately, including Delegated Underwriting Authorities, and develop or adjust policy wordings as necessary.
• Apply reinsurance requirements to mitigate risk and meet business objectives.
• Engage in continuous learning to enhance technical expertise.
• Underwrite complex risks, negotiate rates and terms, and ensure compliance with regulations and internal standards.
• Contribute to portfolio review and analysis to monitor progress towards business goals.
• Ensure thorough risk assessment and compliance with underwriting standards and authorities.

Since 2002, HFG has been a trusted name in insurance recruitment, recognizing and embracing the unique aspects of the industry.

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