Senior Underwriter Managed Underwriting Job In London

Overview

To assume a prominent role in all aspects of the management of the B&C Managed Underwriting department. This includes the profitable underwriting of managed business, management of Nat Cat budget allocation and Cat aggregate deployment, developing new and existing business relationships, and the detailed analysis of the underwriting results of managed business.

• To work with the Chief Underwriting Officer and other Underwriters on the management of all aspects of B&C's managed underwriting business.
• To underwrite B&C Managed U/W property business in accordance with applicable underwriting authority, underwriting guidelines, internal directives, targets and client strategies.
• To provide detailed contract analysis, rate review, and reviews of risk level data and aggregate utilisation to provide evidence of performance.
• To take an active involvement in B&C’s strategic initiatives.
• To develop innovative insurance solutions and products in addition to conventional covers in close co-operation with other business units.
• To produce reports for Underwriting committees, QBR, or other committees as required.
• To oversee the activities of Underwriters as required.
• To assist in the process of Nat Cat budget allocation, and Cat scenario aggregate deployment.
• Take ownership of and make personal and professional development a priority as part of Continuous Conversations.

Key Skills and Experience

• Professional experience of underwriting either facultative or delegated US Insurance.
• Property or Personal Lines experience preferred.
• Experience of working directly with Coverholders preferred, but at least experience of working with a Broker.
• Some experience of modelling or RLD analysis preferred.
• A good team player with the ability to co-ordinate with multiple stakeholders concurrently.
• A self starter with the ability and confidence to able to make real time decisions.

• Previous experience in an analytical role.
• An understanding of insurance statistics.
• Need to have an analytical mindset and be able to work innovatively.

• Experience of using RMS Risklink is required.
• SQL would be very desirable in order to query databases.
• Tableau would be useful.
• Excel would be essential.