Underwriter, Specialty Treaty

Hamilton; London; On-site; GBP 40,000 - 80,000; Full time

Job description

Hamilton (NYSE: HG) underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world.

Headquartered in Bermuda, Hamilton has over 600 employees with key underwriting operations in London, Bermuda, the US and Dublin.We work collaboratively, we share a passion for the service and results we deliver, and we know that what we do each day is meaningful – to our customers and our business. We believe we are ‘In good company.’ with everyone we interact with.

We're looking for an

Underwriter, Specialty Treaty

Reporting to the Head of Treaty, this role will be working alongside our London-based team to execute the class strategy and contribute to the delivery of the business plan by attracting and underwriting Specialty Treaty business. As an Underwriter, you will be expected to collaborate with the other Specialty Treaty underwriters to efficiently and profitably manage a diverse and worldwide portfolio of business.

Hamilton Global Specialty is our multi-platform, specialty insurer operating primarily through a Lloyd's Syndicate and Dublin operating company with a managing general agency in the US.

What you will do

• Underwrite, quote and bind Specialty Treaty reinsurance in accordance with relevant authority guidelines
• Ensure consistent execution of the underwriting strategy by collaborating with the other Specialty Treaty Underwriters
• Contribute to the delivery of the business plan
• Help with the monitoring of key portfolio metrics and aggregates
• Seek out new business opportunities
• Continuous assessment of rating models
• Assist in the development of the Underwriting Assistants
• Communicate with Claims department on notified events
• Act in accordance with all applicable Supervisory Bodies, principles, rules, and regulations

What you require for the role

• Demonstrable experience in Specialty Treaty lines
• Critical thinking and an analytical mind
• Strong negotiation skills
• Good communication skills and an ability to express ideas clearly with both internal and external stakeholders
• Strong working knowledge of Microsoft Office (Predominantly Excel, but also Outlook, and Word)
• A proactive, customer focused approach and strong work ethic
• Proven ability to manage time, meet deadlines and prioritise efficiently
• Drive and ambition to develop and progress
• Open, innovative and inclusive mindset
• Collaborative spirit
• Results-oriented and growth mindset

Conduct Standards

• You must act with integrity
• You must act with due skill, care and diligence
• You must be open and cooperative with the CBI, FCA, the PRA and other regulators
• You must pay due regard to the interests of customers and treat them fairly
• You must observe proper standards of market conduct
• You must act to deliver good outcomes for retail customers

What you can expect from us

We offer a vibrant, entrepreneurial, and collaborative culture guided by our values: Be Smart, Be Sensible, Be Open and Be More.

We know if we welcome and respect differences, we’ll attract and retain talent that brings a valuable diversity of perspectives and experience. We want all our colleagues to feel that they can bring their whole selves to work at Hamilton and know that they can be part of building a great company.