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Partnerships Underwriter – 28423

The Emerald Group

London

On-site

GBP 40,000 - 70,000

Full time

30 days ago

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An established industry player is seeking a skilled Underwriter to join their Partnerships division in London. This role involves assessing risk through careful review of submissions and conducting thorough research to ensure effective risk selection. The successful candidate will utilize pricing tools to calculate appropriate risk premiums while ensuring profitability. With a focus on analytical and technical skills, you will play a crucial role in managing policy changes and maintaining compliance with regulatory requirements. If you have a passion for underwriting and a strong understanding of insurance principles, this is an exciting opportunity to advance your career in a dynamic environment.

Experience in underwriting with a focus on Property and Casualty is beneficial.
Strong analytical and technical skills are essential for this role.

Review submissions to assess risk and ensure effective governance.
Calculate risk premiums and manage policy endorsement requests.

Analytical Skills

Technical Skills

Underwriting Knowledge

Insurance Knowledge

Excel

Data/MI Tools

Catastrophe Models

The Underwriter will underwrite risk within the Partnerships division, ensuring effective risk selection, governance and resources are in place to develop the strategy, implement the business plan, monitor performance and meet regulatory requirements.

Location: London
Type: Permanent

Key Duties (Including but not limited to):

Reviewing opportunities/submissions including applications, policy wording, inspection reports, loss runs and financial reports while conducting appropriate research to determine degree of risk for each account/partnership agreement.
Calculating appropriate risk premium by utilising pricing tools for the specific line of business with additional consideration for reinsurance and other costs while ensuring profitability.
Processing entries, as required, properly onto relevant systems in a timely manner ensuring accuracy of data with relation to both underwriting and exposures
Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy
An understanding of underwriting and insurance knowledge – experience of writing Property, Casualty or delegated business would be beneficial
An understanding of relevant software including Excel, data/MI tools and catastrophe models
Excellent analytical and technical skills

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