Underwriter contingency

  • Cv Library
  • London
  •  
  • posted 14 days ago
  • CV-Library.co.uk

Job description:

About us Avencia Consulting are recruiting on behalf of a leading Specialty Insurer based in the City, who are looking for a Contingency Underwriter to join! This role would be suitable for someone with experience across either Contingency, A H or Terrorism lines, looking to be a part of a small team where you will play a pivotal role in growing the Contingency book. Across product lines and geographies, we focus on three diversified pillars: reinsurance, specialty and bespoke solutions. We are truly diversified. Our long-standing partnerships with capital providers and quota share partners make us nimble. Our breadth of expertise and capabilities deliver outstanding market returns. The role Reporting to the Head of Contingency, the primary purpose of the role is to assist in originating, modelling, administering and underwriting a portfolio of (re)insurance business. This includes analysing and maintaining the accuracy of all (re)insurance submission data, policies, and records with the ultimate goal of ensuring that interests are properly managed and protected. Key accountabilities Participate in the underwriting process, evaluation and presentation of submissions, analysing and interpreting exposures, determining coverage and contract language Assist and work with risk modeling and pricing tools Originate, leverage, build and maintain broker and client relationships Monitor market developments and remain current regarding knowledge of all relevant classes of business, and legislated and regulatory changes / requirements Ensure accuracy and integrity of underwriting data in group underwriting systems Prepare and issue quotes on an accurate and timely basis Supervising and/or mentoring junior members of the team Ensure compliance with internal and external underwriting regulations, liaising as appropriate with external bodies such as brokers, clients, auditors and regulators as required Assist with strategic initiatives as needed to promote business growthSkills experience Minimum of 3 years #39; experience in a broking or underwriting capacity in the relevant line of business and maximum of 8 years #39; experience. Established networks and strong existing relationships with brokers and clients, and ability to independently manage meetings Proficient understanding of the International underwriting marketplace Excellent analytical skills (testing may be required), with a working knowledge of and ability to interpret the outputs of pricing models, and the statistical skills necessary to perform analyses on first principles Proven negotiator, with demonstrated ability to attract new business and retain clients
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