Senior Underwriter - Casualty Treaty
City of London
Lloyd's Syndicate

Salary: Negotiable

Strategy and Planning

• Assist in developing and executing the business plan for the portfolio, ensuring successful delivery.
• Maintain awareness of the business plan and contribute to its execution by making informed decisions.
• Actively participate in meetings to share insights, develop strategies, and exchange best practices.
• Represent and promote the department, division, and company to enhance brand visibility.
• Implement the reinsurance strategy to protect and strengthen the portfolio.

Policy, Process, and Procedures

• Conduct complex underwriting activities in full compliance with legal and regulatory requirements.
• Follow underwriting standards, guidelines, and best practices to minimise risk and enhance efficiency.
• Ensure accurate recording and evaluation of insurance risks, including Delegated Underwriting Authorities (DUAs), modifying policy wordings when necessary.
• Apply reinsurance requirements effectively to manage risk and align with business objectives.

Environmental Awareness & Customer Focus

• Serve as a technical expert to identify key challenges and opportunities within the field.
• Build and maintain strong relationships with stakeholders, including customers, brokers, business partners, and colleagues, to drive business success.
• Support industry associations and trade organisations to strengthen market presence.
• Stay informed about market trends and cycles to enhance business performance.

Technical Performance

• Continuously expand expertise and technical knowledge through relevant learning and development initiatives.
• Underwrite complex insurance risks in line with the business plan and delegated authority, negotiating terms, rates, and conditions while ensuring regulatory compliance.
• Contribute to portfolio analysis and review to track progress toward business objectives.
• Ensure all underwriting decisions undergo peer review and align with company standards and individual authority limits.

Skills & Experience

• Extensive experience in underwriting within a specialised or complex area.
• Relevant professional qualifications (e.g., CPCU).
• Advanced expertise within a specific class of business, supported by significant post-qualification experience.
• Proficiency in risk profiling, pricing tools, and loss modeling.
• Strong, established relationships with customers and brokers.
• Experience leading and managing underwriting teams.
• Excellent interpersonal, communication, and negotiation skills.
• Strong customer-focused mindset.
• Ability to manage multiple priorities and meet deadlines effectively.
• Strategic planning and organisational skills.
• Team-oriented with a collaborative approach.
• Strong analytical skills, leveraging data for informed decision-making.
• High numerical and literacy proficiency.
• Keen attention to detail.
• Ability to influence and engage colleagues positively.
• Proficiency in relevant company and insurance industry software.