Underwriter, ICT

Westfield; Greater London; On-site; GBP 45,000 - 65,000; Full time

Job summary

Westfield in London is seeking an experienced insurance underwriter to perform pricing and risk analysis for renewal and new business. The role involves underwriting decisions, building strong relationships with brokers, clients and reinsurers, and supporting business development while ensuring timely compliance.

You will monitor regulatory changes, manage exposures, and contribute to portfolio data analysis.

Qualifications

• ACII qualifications or willing to work towards.
• Graduate level qualification – but not essential
• 3 to 5 years experience, preferably in International Casualty Treaty
• Excellent IT skills – including intermediate Excel (ability to use formulas effectively and produce graphical data), and other Windows Office and Adobe applications.

Responsibilities

• Complete pricing and risk analysis of renewal and new business
• Underwrite or pre underwrite new and renewal business as experience dictates
• Build strong stakeholder and client relationships
• Assist in business development
• Ensure administrative & compliance related requirements are completed in a timely and accurate manner
• Actively manage exposures in line with syndicate appetite and requirements
• To assist in exposure management and portfolio data analysis.
• Engage with brokers and clients, building market relationships.
• To monitor and respond to changes in regulation and compliance.

Skills

Communication

Administrative

Presentation

Analytical

Compliance

Education

ACII qualification

Graduate level qualification

Tools

Excel

Windows Office

Adobe

Job description

Key Accountabilities & Role Requirements:

• Complete pricing and risk analysis of renewal and new business
• Dependant on experience underwrite or pre underwrite new and renewal business
• Build strong stakeholder and client relationships
• Assist in business development
• Ensure administrative & compliance related requirements are completed in a timely and accurate manner
• Actively manage exposures in line with syndicate appetite and requirements
• To assist in exposure management and portfolio data analysis.
• Engage with brokers and clients, building market relationships.
• To monitor and respond to changes in regulation and compliance.

Skills & Competencies Required:

• Communication skills – ability to communicate clearly with internal stakeholders and external clients and brokers at all levels, both verbally and in writing.
• Administrative skills – highly organised and able to prioritise tasks effectively. Applicants should have excellent attention to detail and an ability to meet deadlines.
• Presentation skills – ability to present to internal and external stakeholders
• Analytical skills – numerically literate and able to analyse data.
• Compliance – ability to ensure compliance with all management and regulatory controls.

As part of the applicant’s progression to attaining underwriting authority, the additional competencies expected include:

• Judgement / Decision-making skills – ability to approach problems logically and rationally and evaluate quantitative and qualitative data to make measured risk decisions.

• Relationship building – ability and confidence to establish and maintain excellent relationships with external stakeholders (such as brokers, clients, and reinsurers) in a client-facing role.

Qualifications & Experience:

ACII qualifications or willing to work towards.

Graduate level qualification – but not essential

3 to 5 years experience, preferably in International Casualty Treaty

• Excellent IT skills – including intermediate Excel (ability to use formulas effectively and produce graphical data), and other Windows Office and Adobe applications.

• Strong numerical skills.

This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management. #wspi