Underwriter, Reinsurance

Inigo; Greater London; On-site; GBP 45,000 - 75,000; Full time

Job summary

An established industry player seeks a dynamic Underwriter for their Reinsurance Team, focusing on international property and specialty portfolios. This role offers a unique opportunity to manage a profitable reinsurance portfolio while collaborating with experienced underwriting and analytics teams. The ideal candidate will possess strong technical underwriting skills, market expertise, and a proactive approach to problem-solving. Join a culture that values collaboration and innovation, and be part of a company committed to excellence and transparency in the insurance sector.

Qualifications

• Proactive and energetic with strong technical underwriting skills.
• Curious with excellent analytical and communication skills.

Responsibilities

• Develop and manage a profitable reinsurance portfolio.
• Maintain relationships with clients and partners to meet objectives.
• Provide robust pricing and analytics to brokers and cedants.

Skills

Technical Underwriting Skills

Analytical Skills

Communication Skills

Market Expertise

Knowledge of Legal and Regulatory Requirements

Tools

Pricing Tools

Loss Models

Job description

Join to apply for the Underwriter, Reinsurance role at Inigo

About Inigo

We enable your ambition. We insure good people – knowledgably, fairly, and efficiently. We combine our expertise with the best of science, data, and analytics.

Inigo's aim is to create an underwriting-focused insurance and reinsurance business, concentrating on limited classes. We want to combine the best data and analytics that exist and build our own capability to generate insights to drive business decisions. Our culture is inclusive, fun, and strives for excellence, which we describe as ‘all in’. Our core values are:

• Get Smart – ask questions, explore, learn, and strive for excellence
• Park the Ego – be welcoming, open, and embrace different thinking
• Share the Passion – collaborate and communicate honestly and thoughtfully
• Radical Simplicity – be transparent, focused, and avoid complexity

Team and Role

The successful candidate will join the Inigo Reinsurance Team, which manages a global portfolio including Property Catastrophe, Aggregate, Risk Excess of Loss, and some Proportional treaties. The portfolio also covers specialties like Cyber, Crop, and Terrorism. Inigo is a leading market in reinsurance, projecting over $500m in premium income by 2025. This role will primarily focus on the international (ex US) property and specialty portfolios.

Role Objectives

As an Underwriter, you will be responsible for developing and managing a profitable reinsurance portfolio, primarily underwriting Property lines to meet business goals. You will collaborate with experienced underwriting and analytics teams to achieve this.

Key Responsibilities

• Deliver the division’s business plan profit, NCR, and ROE targets.
• Maintain relationships with clients, brokers, partners, and colleagues to meet objectives.
• Participate in meetings to share and develop strategy, knowledge, and best practices.
• Prepare relevant materials and conduct research for planning.
• Provide robust pricing and analytics to brokers and cedants.
• Deliver excellent client service and relationship management.
• Contribute to marketing and business development efforts, exploring new opportunities.
• Collaborate with analytics, claims, and exposure management teams.
• Support team culture of passion, positivity, and collaboration.

Candidate Profile

We are looking for someone who:

• Is proactive, energetic, and possesses market expertise and technical underwriting skills.
• Has a collaborative and innovative approach, offering creative solutions.
• Is curious with strong analytical and technical skills.
• Has a market presence and reputation to lead initiatives.
• Possesses good knowledge of legal and regulatory requirements.
• Has excellent communication skills, both written and oral.
• Can understand and develop business processes, strategy, and planning.
• Has experience with risk measurement, pricing tools, and loss models.

Position Details

• Seniority level: Associate
• Employment type: Full-time
• Job function: General Business
• Industry: Insurance