Underwriter - Property Treaty

Canopius Group; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading insurance firm in London seeks motivated individuals for underwriting roles in the Property Treaty sector. Responsibilities include developing the product line, negotiating new business, and maintaining client relationships. Candidates should have Lloyd's experience and advanced IT skills. Join a friendly and collaborative team dedicated to managing risk effectively.

Qualifications

• Experience in a client/broker facing role.
• Preferred international market experience.
• Ability to negotiate and assess risks.

Responsibilities

• Develop and maintain the Property Treaty product line.
• Negotiate and underwrite renewal and new business.
• Compile underwriting reports and presentations.

Skills

Lloyd's or company market experience

Technical knowledge of the Property Treaty class

Advanced IT skills (Word, Excel, PowerPoint, Outlook)

Working knowledge of Cat modelling

Excellent communication skills

Strong analytical skills

Tools

RMS

Job description

The Property Treaty reinsurance underwriting team are based in London and write close to $250m of income for US and International clients. These twounderwriting roles areto develop and renew both the US andInternational Property Treaty portfolios and to support the wider team.

We are looking for people who continually strives for improvement, challenges the status quo, can demonstrate the behaviour of a leading market and bring their whole self to work.

This is an opportunity to work within a well-established, friendly and collaborative team environment where you will be part of the underwriting team managing risk through the process from initial acceptance up to outwards reinsurance.

Responsibilities:

• Develop and assist in the maintenance of the Property Treaty product line
• Negotiate, assess and underwrite renewal and new business in a timely and efficient manner in line with the business plan and personal authority limits.
• Support the Property Treaty team with broker interaction, modelling, strategic thinking, emerging risk analysis and business planning
• Develop and maintain relationships with brokers and clients with a view to the production of new business
• Ensure compliance with regulatory and internal procedures, aggregate management for peak risks
• Compile underwriting reports and presentations as appropriate
• Maintain good relationships with both external and internal parties as appropriate
• Compile statistics and understand performance of all risks and accounts
• Review and finalise contract wordings

Skills & Experience:

• Lloyd's or company market experience (broking or underwriting),in a client/broker facing role
• Technical knowledge of the Property Treaty class with experience of the International markets preferred
• IT (Word, Excel, PowerPoint and Outlook) literate toan advanced level
• Working knowledge of Cat modelling tool outputs at policy and portfolio levels, eg RMS.
• Excellent communication skills (written and verbal)
• Strong analytical skills and problem solving abilities.