Underwriter Political Violence

The Ardonagh Group; London; Hybrid; GBP 50,000 - 90,000; Full time

Job summary

Join a dynamic and inclusive company that values diversity and fosters growth. As an Underwriter in Political Violence, you will lead a team, manage key accounts, and engage with stakeholders to drive portfolio growth. This role offers flexibility, a supportive culture, and numerous opportunities for professional development. With a strong focus on employee well-being and competitive benefits, you will thrive in an environment that encourages innovation and collaboration. If you are passionate about making an impact in the insurance sector, this could be the perfect opportunity for you.

Benefits

Employer pension contribution of 10%

Good work life balance

Competitive salary

Life Assurance at X4 of base salary

Group Income Protection

Generous Annual Leave

Private Medical Insurance

Group annual bonus scheme

Qualifications

• Strong understanding of insurance concepts and regulatory requirements.
• Ability to manage a team and oversee the P&L account effectively.

Responsibilities

• Manage a team of Assistant Underwriters and support the Team Head.
• Engage with stakeholders to grow the portfolio and manage renewals.

Skills

Team Management

Profit and Loss Management

Stakeholder Engagement

Knowledge of Political Violence

Regulatory Knowledge

Numeracy Skills

Education

Degree in Finance or Insurance

Tools

Microsoft Excel

Microsoft Word

Globe IT Systems

Job description

Job Title:Underwriter Political Violence

Location: London/Hybrid (Typically 2/3 days in the office)

Type: Full time/Part time – Permanent/Fixed Term (If you are a job share partnership, work reduced hours, or any other way of working flexibly, please do still get in touch)

At Globe Underwriting, we provide much more than just a workplace. We are dedicated to fostering skill development and knowledge within a team that is passionate about their work, values their Employees, and truly celebrates diversity.

Working at Globe Underwriting means you’ll be part of The Ardonagh Group. We are proud of our innovative environment offering many opportunities for growth across the wider group. Employees regularly move between our united teams, and we encourage you to make your role your own.

Our offices are lively and exciting places to be, but we understand that life needs flexibility, and offer a genuinely flexible approach to working. If you are looking to join a thriving, energetic business with exciting plans, this role could be an ideal fit for you.

What we can offer:

We offer much more than just an inclusive culture with apprenticeships, study support, participation in our annual Spotlight Awards, Community Trust, Sports Teams, office socials, events and so much more. All of this with a supportive management team as well as working alongside some of the industry’s top talent.

You’ll have access to wellbeing programs, fantastic discounts across many big-name businesses including supermarkets, gym memberships, restaurants, and healthcare cash plans etc.

Further perks of working with us (Fixed benefits):

• Employer pension contribution of 10% (providing you, the Employee provides 5%).
• Good work life balance - flexibility to suit you.
• Competitive salary.
• Life Assurance at X4 of your base salary.
• Group Income Protection.
• Generous Annual Leave entitlement.
• Private Medical Insurance.
• Group annual bonus scheme.

Managerial Responsibilities

• Managing a team of Assistant Underwriters within Globe Underwriting UK as well as supporting the Team Head across the International MGA footprint.

Principal Tasks

• To support the Head of team to manage the Profit and Loss account.
• To engage with key stakeholders across Ardonagh group as well as third party brokers in order to grow the portfolio.
• To engage with capital providers and in tandem with the binder broker to design the PV facilities that will enable continued profitable growth.
• To manage and grow the PV book and team in line with budget targets.
• To manage the review of renewal and new submissions for acceptability prior to being underwritten.
• To manage the data and BDX requirements of the division and report to the team head on aggregation utilisation as well as adherence to the underwriting guidelines.
• Carry out such projects and other duties and tasks as may from time to time be specified by the management team in Globe
• Drafting of new contract wordings to stay in line with market changes.
• Support the Profit Commission calculation on the binding authorities and manage the associated payments.
• Oversee credit control for the portfolio and ensure all premium payments handles in accordance with binding authority guidelines.
• Support the marketing function within Ardonagh and Globe as well as keeping to the T&E budget within Globe.

Generic Knowledge Requirements

• Sufficient knowledge and understanding of the relevant aspects of the Law of Agency and the Law of Contract to be able to perform the Principal Tasks
• Sufficient knowledge and understanding of the general concepts of insurance to be able to perform the Principal Tasks
• Good working knowledge of the UK & international regulatory requirements as they affect the business of the Political Violence section
• To be aware of legal and jurisdictional requirements in territorial limits worked on and maintain up to date knowledge of current market practices.
• Knowledge of Political Violence wordings

Specific Knowledge Requirements

• Knowledge of Globe practices, procedures and service standards
• Knowledge and/or awareness of Globe IT systems and processes

Competencies Required

• Ability to work effectively as part of a team.
• Ability to work under pressure and to meet deadlines
• Ability to use Plus, Microsoft Word and Excel packages
• Ability to use the Globe IT systems
• Good numeracy skills

Standard of Performance and Conduct Expected

• At all times behave in a way that upholds and promotes the good name and reputation of Globe Underwriting
• Maintain the highest standards of professional endeavour, integrity, confidentiality, financial propriety and personal conduct
• Treat as paramount the quality of service provided to the customer in terms of speed of response, frequency of communication and the timely presentation of documentation
• Deal honestly and fairly with fellow employees, customers, and others within the insurance profession
• Take responsibility for own learning and development; keep up to date with developments in law and practice relating to own field of expertise; and ensure that all external and internal training obligations and requirements are fulfilled
• Value other team members as colleagues

Think you don’t meet every requirement?

We are dedicated to creating a diverse, inclusive, and authentic workplace where everyone can thrive . If you’re excited about this role, but your experience doesn’t perfectly match what we are looking for, please apply anyway. You might just be the right fit for the job, or other opportunities we may have within the wider Group.

Interview Process:
At Globe Underwriting, we have a straightforward interview process to ensure the best fit for both you and the company:

• Submit your application with your CV, emphasising your skills and experience related to the job.
• Our Talent Acquisition team will then arrange a call where they can tell you more about the role and the team. We want to learn about your motivation and goals, what you can bring to Globe Underwriting, and answer any immediate questions.
• If successful, you will generally be invited to engage in a 1-hour interview with the Hiring Manager and selected team members, via teams or in person. We will discuss our technologies, key skills, and team dynamics and provide further opportunity to ask any questions. This is your chance to voice your thoughts on the role and we will outline our expectations and ensure this role aligns with your ambitions for the future.
• Depending on the role, you may be invited to attend a second stage interview with further members of the team.

If successful or unsuccessful, we always try and move quickly in presenting an offer or providing feedback.

We truly value the diversity of our teams and as a Group, we are committed to supporting and welcoming individuals from all backgrounds, as we appreciate every perspective is a significant part of our success. Should you require any reasonable adjustment throughout the recruitment process, please do not hesitate to let a member of the Talent team know.