Underwriter/Senior Underwriter, NACT

McNeil & Co.; Greater London; On-site; GBP 65,000 - 90,000; Full time

Job summary

Arch Underwriters Europe Limited - London Branch, Arch Capital Group Ltd. (a Bermuda-based specialty insurer), is seeking an experienced underwriter to support syndicate underwriting in London.

You will manage underwriting within SBF/SUG, build strong client and broker relationships, and ensure compliance with risk controls and Solvency II guidelines. The role focuses on delivering high-quality underwriting services, collaborating with stakeholders, and maintaining robust MI/KPI reporting.

Qualifications

• Experience in underwriting large or complex risks.
• Strong client and broker relationship management.
• Demonstrated ability to apply risk and solvency frameworks.

Responsibilities

• Underwrite business within the Syndicate Business Forecast (SBF) and Syndicate Underwriting Guidelines (SUG).
• Assist the Head of to develop long/short term strategy and SBF for relevant classes of business.
• Build and maintain client and broker relationships to access new and renewal business.
• Ensure underwriting, risk controls, compliance checks and MI/KPI reporting align with SUG/COB guidelines.

Skills

Underwriting

Risk assessment

Communication

Attention to detail

Job description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility.

Key Responsibilities:

Responsible for underwriting business on behalf of the syndicate within the parameters of the Syndicate Business Forecast (SBF) and the Syndicate Underwriting Guidelines (SUG’s). Assist the BGL in development of long/short term strategy, and SBF for relevant class of business. Assist the 'Head of' in the planning and negotiation of outward reinsurance in accordance with Company corporate standards and SBF. Build and maintain good client and broker relationships to access new and renewal business in accordance with our SBF. Provide a high quality service to brokers and customers and ensure timely responsiveness to business flow. Ensure that the monitoring of underwriting activities, risk controls and compliance checks are in accordance with the SUG’s and Class of Business (COB) Guidelines. Ensure that syndicate management reporting requirements, premium income monitoring, Management Information (MI) and Key Performance Indicators (KPI’s) are complied with. Ensure that underwriting administration processes including risk recording and Performance Management Data (PMD) rate change information is in accordance with SUG’s. Manage and maintain aggregate exposure management/ Realistic Disaster Scenario (RDS’s) within the agreed limits, ensuring that at all times the Exposure Management Team have access to up to date exposure data. Ensure that underwriting staff are effectively managed and trained. Participate in committees as requested. Working in conjunction with Solvency II guidelines and within given parameters.

Minimum Qualifications, Skills and Experience:

Enthusiastic, hardworking and driven individual with a focus on providing the best possible service. Can demonstrate ability to work in a busy office environment, prioritise and organise workload in order to meet deadlines. Able to learn and take on new tasks quickly and use own initiative to explore possibilities before raising queries. Demonstrates pride in delivering excellent, quality service and endeavours to exceed expectations. Attention to detail in producing high quality output and bale to maintain this when under pressure. Excellent communication skills with confidence to ask questions to ensure job requirements and underwriting matters are understood. Commitment to identify opportunities to increase efficiency and quality of operational support evidenced through previous achievements. Proactive, showing initiative when completing tasks by pre-empting issues and proposing solutions for them. Confidence in building rapport and trust with a range of internal and external stakeholders. Flexible approach to work.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you.

13021 Arch Underwriters Europe Limited - London Branch Arch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis. With a 20+-year track record of delivering results and a coveted position on the S&P 500 index, Arch is a great place to grow your career. Attention Job Seekers: Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously. Please be vigilant to fraudulent activity if you receive a communication or email asking you to submit any personal information. Do not send money or pass any details to someone suggesting they can provide employment with Arch. You should only enter your information into our official career portal. Please know the following about our interviewing and hiring practices. We never make job offers without a formal, in person, interview process. We never ask you to send money of any kind.