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951
Actuarial jobs in United Kingdom
Senior Underwriter, Europe Commercial Division
Allied World
City Of London
On-site
GBP 60,000 - 80,000
26 days ago
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Discover more opportunities than anywhere else. Find more jobs nowSenior Pensions Manager - Assurance
Star Actuarial Futures
United Kingdom
On-site
GBP 60,000 - 80,000
28 days ago
Senior Cyber Catastrophe Risk Analyst
QBE Insurance Group Limited
City Of London
Hybrid
GBP 70,000 - 90,000
29 days ago
Connect with headhunters to apply for similar jobsBulk Annuities Origination & Execution Associate
Star Actuarial Futures
City Of London
On-site
GBP 45,000 - 65,000
17 days ago
Hybrid ML Ops Engineer (Azure) – Pensions Analytics
Proactive.IT Appointments Limited
City Of London
On-site
GBP 40,000 - 65,000
17 days ago
Binding Operations Analyst - Insurance
Select Appointments
Greater London
On-site
GBP 35,000 - 45,000
17 days ago
Senior Manager, Capital & Portfolio Management
Apollo
Greater London
Hybrid
GBP 125,000 - 150,000
17 days ago
Associate Director - Natural Catastrophes & Climate Risk Management
Willis Towers Watson
City Of London
Hybrid
GBP 40,000 - 60,000
18 days ago
Senior Underwriter, Europe Commercial Division
Allied World
City Of London
On-site
GBP 60,000 - 80,000
Full time
26 days ago
Job summary
A leading global insurer in London seeks an experienced Underwriter. The role requires managing underwriting functions and providing guidance to junior team members. Candidates must have over 7 years of experience, strong analytical and communication skills, and the ability to foster relationships with clients and brokers. This position offers a dynamic work environment that emphasizes teamwork and professional development.
Qualifications
- 7+ years of experience in underwriting.
- Exceptional communication and interpersonal skills.
- Strong organizational skills with a methodical work approach.
Responsibilities
- Manage underwriting functions including submission review and pricing.
- Authorize quotes and binders following guidelines.
- Provide direction to junior underwriters.
Skills
Analytical skills
Communication skills
Marketing and business development
Negotiation abilities
Teamwork
Tools
MS Office applications
Underwriting systems
Job description
Duties and Responsibilities:
- General underwriting functions including underwriting submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice authorisations.
- Authorising of quotes, binders and invoices in accordance with company guidelines.
- Responsible for timely and correct issuance of bound policies. Crafting of Endorsement wordings for authorisation by legal.
- Providing direction to the Junior Underwriters and Underwriting Assistant in the timely processing of Policy/Endorsement wordings.
- Perform referrals (as required) with Vice President Property.
- Maintenance of underwriting files in an orderly and manner and in accordance with the underwriting guidelines. Including maintenance of all reporting systems for submissions and bound accounts, rate change modelling, bound account listing, submission log and reports as may be developed.
- Seek input from Actuarial Department to price specific accounts when appropriate
- Liaise with Claims Department on any specific claim activity and overall market claim concerns which could potentially affect profitability
- Stay current with respect to major industry issues and developments
- Marketing — attend client/broker meetings, lunches, dinners and other social outings as applicable. Meet with key brokers regularly to discuss production, service and other topics relative to division operations.
- Attend important industry conferences and seminars as appropriate.
Person Specification
- 7 years plus experience
- Excellent analytical skills and solid knowledge of pricing & actuarial models and methods
- Must be highly articulate, with exceptional communication and interpersonal skills – required for daily liaison with clients and brokers including delivering effective presentations and building strong working relationships.
- Strong marketing and business development capability – commercial acumen, ability to influence and negotiate to various levels of seniority, internally and externally.
- Highly computer literate within MS office applications and an advanced level proficiency using underwriting systems
- Methodical approach to work, strong organization skills; capable of dealing with tight reporting dealing and conflicting priorities
- Overall team player with collaborative outlook – coaching approach to the development of more junior members of the team.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.