Full job descriptionSenior Underwriter | Property & Delegated Authority

Location: London
Contract: 12-month FTC, with potential to become permanent
Package: Highly competitive

The Opportunity

An excellent opportunity has arisen for an experienced Senior Underwriter to join an established London Market underwriting platform, specialising in Property and Delegated Authority business.

The successful candidate will play a prominent role in the management and profitable underwriting of a delegated portfolio, working closely with MGAs and coverholders while helping to deliver the wider underwriting strategy.

This is a senior position offering significant responsibility across portfolio performance, underwriting strategy, CAT exposure and client relationships.

Key Responsibilities
Underwriting & Portfolio Management
Manage and steer underwriting results across the relevant portfolio, using MI and KPIs to assess production, loss experience, exposure, rate adequacy and pricing discipline.
Underwrite delegated business in line with established underwriting strategies, guidelines and authority levels.
Review and refine underwriting guidelines, pricing models and portfolio performance metrics.
Manage CAT budget allocations and the prudent deployment of CAT aggregate.
Analyse portfolio performance and identify opportunities to improve profitability and underwriting results.
Conduct underwriting file reviews and provide peer review where required.
Support and provide oversight to Underwriters and junior members of the underwriting team.
Coverholder & Client Management
Manage relationships with key coverholders and delegated authority partners.
Conduct operational reviews, audits and due diligence to ensure underwriting standards and guidelines are maintained.
Develop and maintain strong relationships with existing and prospective business partners.
Attend client meetings and travel for marketing and business development purposes.
Evaluate new business opportunities and contribute to the development of new relationships.
Monitor the performance of delegated portfolios and ensure appropriate underwriting standards are maintained.
Collaboration & Strategy
Work closely with the wider underwriting team to execute the underwriting strategy and business plan.
Collaborate with Corporate Underwriting and other internal stakeholders where required.
Work cross-functionally with Claims, IT, Accounting and Operations to resolve technical and operational matters.
Contribute to the development of innovative insurance solutions and products.
Participate in relevant committees and contribute to portfolio reporting and performance analysis.
About You

We are particularly interested in speaking with experienced Property Underwriters and Senior Underwriters who have a strong background in:

US / North American Property
Delegated Authority / Binding Authorities
MGA and coverholder relationships
Portfolio management
CAT exposure and aggregate management
Underwriting strategy and pricing
London Market / Lloyd’s business

You will ideally have a strong technical Property underwriting background combined with the commercial awareness and relationship-management skills required to manage a significant delegated portfolio.

What’s on Offer
Highly competitive package
Senior underwriting position within an established London Market platform
Significant portfolio responsibility
Exposure to US / North American Property
Strong delegated authority and MGA focus
Initial 12-month FTC with potential for the role to become permanent
Hybrid working environment
Opportunity to work across underwriting, portfolio strategy and business development

If you are an experienced Property Underwriter or Senior Underwriter and would be interested in hearing more, please get in touch for a confidential discussion.