UNDERWRITER: PROPERTY/DUA

LOCATION: LONDON

WHAT WILL YOU DO?

We are looking for an experienced and commercially driven Underwriter: Property to manage a property insurance portfolio. This role is responsible for delivering profitable growth, overseeing underwriting performance, and supporting broker relationships across both large commercial and/or mid-market property risks. You will play a key role in developing underwriting strategy, ensuring portfolio health, and driving innovation in the book.

WHAT WILL MAKE YOU SUCCESSFUL IN THE ROLE?

Key Responsibilities:

Underwriting & Risk Assessment:

• Assess, underwrite, and price new and existing property risks in line with underwriting philosophies and authority limits.
• Drafting and agreeing the underwriting philosophy and appetite with the Head of Property.
• Analyse exposures, coverage requirements, and terms to determine appropriate risk appetite and pricing.
• Act as both a leader setting market terms and also a follower providing accretive capacity behind credible Lloyd's leaders.
• Ensure documentation is accurate, complete, and compliant with internal policies and regulatory standards.

Broker & Client Engagement:

• Develop and maintain strong relationships with brokers and clients across various territories outside of North America.
• Negotiate terms, conditions, and pricing to secure profitable business.
• Deliver responsive service and technical support, enhancing market reputation and profile
• Travel where required to market conferences and client trips to improve relationships and ensure alignment.

Portfolio Management:

• Monitor portfolio performance and trends, providing insight to support underwriting strategy.
• Identify opportunities for growth and remediation within the book.
• Contribute to reinsurance and risk appetite discussions.

Collaboration & Development:

• Work closely with underwriting, claims, actuarial, and pricing teams to ensure alignment and data integrity.
• Contribute to product development, wording reviews, and process improvement initiatives.
• Mentor junior underwriters or assistants, where applicable.

QUALIFICATIONS AND EXPERIENCE:

• Relevant Degree
• 5-7 Years Experience
• Experience underwriting and managing property business in the Lloyd's market.
• Solid knowledge of property risks, policy wordings, and regulatory environment.
• Strong analytical and decision-making skills, with commercial awareness.
• Excellent communication and negotiation skills, particularly with brokers and clients.
• Proficiency in relevant underwriting systems and Microsoft Office.
• Progress toward professional qualifications (e.g. ACII) preferred.

KNOWLEDGE AND SKILLS:

• Delivering results and meeting customer expectation
• Relating and networking
• Analyses
• Applying expertise and technology
• Achieving personal work goals and objectives
• Attention to detail
• Planning and organising skills
• Problem Solving
• Negotiating
• Business Acumen/Knowledge
• Business Analysis

PERSONAL ATTRIBUTES:

• Drives results
• Recognised personal reputation
• Deciding and initiating action
• Leading and supervising
• Collaborates
• Client focus
• Flexibility and adaptability
• Cultivates innovation
• Strategic decision making
• Analytical thinking
• Influencing/ gaining commitment
• Business acumen
• Coaching and development

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