Underwriter - Political Violence & Terrorism

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Underwriter - Political Violence & Terrorism

  • Location:

    London

  • Contact:

    Piere Forbes

  • Contact email:

    piere.forbes@equitycity.co.uk

  • Contact phone:

  • Job ref:

    456

  • Published:

    28 days ago

  • Expiry date:

    2024-09-19

Title: Underwriter - Political Violence & Terrorism
Location: London/ Hybrid 
Salary: Competitive 

About the role: 

The Company underwriters are at the forefront of the business in navigating the risk landscape. They collaborate internally with underwriting teams to assess, evaluate, price, and determine coverage for risks. Externally, they serve as the first point of contact engaging with brokers and clients – and actively communicate the business underwriting appetite and strategy through discussions and decisions. The business underwriters are instrumental to understand and meet the needs of our customers in an ever-changing world of risk.

Responsibilities: 
  • Underwrite your class of business in accordance with the Syndicate Business Plan and within the terms of your Underwriting Authority
  • Monitor KPI’s and exposures for your class in accordance with the Syndicate Business Plan
  • Underwrite in accordance with the reinsurance programme for your class, recognising any limitations or exclusions that may apply
  • Underwrite in accordance with the business policies and procedures, in particular those covering underwriting, pricing, delegated authority and the fair treatment of customers
  • Actively participate in prebind and post bind peer reviews
  • Responsibility for the maintenance of accurate underwriting records in line with the Underwriting Procedures
  • Understand the pricing models for your class and provide your rationale for the pricing of each risk in line with the Pricing Policy
  • Only accept business through intermediaries and coverholders approved by the business in accordance with internal procedures
  • Liaise with brokers, attend client presentations and meetings, and foster good relationships with existing producers
  • Actively drive the business vision and values. Attend and participate in the business committees as required
  • Represent the business on Lloyd’s / market committees, steering groups and working parties where requested
  • Represent the business externally in a manner that enhances the business reputation and profile in the insurance market
What you will get in return:

As well as your salary, this role offers a discretionary bonus plus a broad range of benefits, including Non-Contributory Pension, Private Medical & Travel Insurance.