Underwriter - Specie

Canopius; London; Hybrid; GBP 45,000 - 75,000; Full time

Job summary

An established industry player is on the lookout for a skilled underwriter specializing in Specie and Fine Art. This role is crucial for driving growth and profitability within a diverse portfolio in the Lloyd’s marketplace. You will be responsible for underwriting business, fostering relationships with brokers and clients, and ensuring compliance with regulatory standards. The company promotes a collaborative culture that values integrity and diversity, offering a comprehensive benefits package including hybrid working options. If you are passionate about making a significant impact in the insurance sector, this opportunity is perfect for you.

Benefits

Hybrid working

Competitive salary

Non-contributory pension

Discretionary bonus

Health insurance

Dental insurance

Qualifications

• Experience in underwriting or broking within Specie and Fine Art.
• Ability to make sound decisions based on data and risk analysis.

Responsibilities

• Underwrite Specie and Fine Art business in line with Syndicate Business Plan.
• Develop relationships with brokers and clients to enhance market presence.

Skills

Underwriting experience in Specie and Fine Art

Data and risk analysis

Product development

Verbal and written communication

MS Office proficiency

Knowledge of Lloyd’s market

Tools

MS Office

Job description

Job Description

The Role

The Specie and Fine Art team manages an established and diverse portfolio within the Lloyd’s marketplace. We are seeking an underwriter with a strong understanding of Specie and Fine Art to contribute immediately to the growth and profitability of the team.

Responsibilities Will Include

1. Underwrite Specie and Fine Art business in accordance with the Syndicate Business Plan and within the terms of the underwriting authority.
2. Develop and maintain good relationships with brokers and clients to establish Canopius as a preferred market for Specie and Fine Art business.
3. Research and develop new business opportunities for the syndicate.
4. Ensure effective collaboration with other underwriting and support units within Canopius to maximize resource efficiency.
5. Control business writing effectively, taking corrective actions on poorly performing business to meet SBF targets, and ensure compliance with relevant regulatory standards including PRA, FCA, and Lloyd’s.
6. Adhere to Canopius internal policies, procedures, and controls, ensuring the team understands and complies with them.
7. Accept business only through approved intermediaries and coverholders in accordance with internal procedures.
8. Maintain complete and accurate underwriting records.
9. Promote a client-centric underwriting culture that aligns with Canopius standards and FCA guidelines.
10. Assist in the development of junior underwriting staff.

Skills And Experience

• Experience in underwriting or broking within the Specie and Fine Art class of business.
• Ability to make sound decisions based on data and risk analysis, positively impacting long-term business success.
• Product development experience.
• Excellent verbal and written communication skills.
• Proficiency in MS Office and computer skills.
• Working knowledge of the Lloyd’s market.
• Demonstrate integrity, openness, accountability, community involvement, diversity & inclusion, teamwork, and entrepreneurial spirit.

Our Benefits

We offer a comprehensive benefits package focusing on overall wellbeing, including hybrid working, a competitive salary, non-contributory pension, discretionary bonus, health and dental insurance, and more.

About Us

Canopius is a global specialty lines (re)insurer and a leading Lloyd’s of London market insurer with offices worldwide. We foster a positive culture that encourages authenticity, diversity, and excellence. Our London office offers flexible, hybrid working, and we are committed to equal employment opportunities and a discrimination-free environment. We welcome applicants from diverse backgrounds and make reasonable adjustments as needed.