The Opportunity
If you want to join an exciting and expanding insurance business, with an energised leadership team and a top-flight tech platform, revolutionising the way DUA business is transacted through the Lloyd’s and London market, then read on. With a rapidly expanding portfolio of Coverholders, we are searching for an experienced and enthusiastic International Property Underwriter to join our growing underwriting team.
About Us
Carbon Underwriting is a new approach for the market. We are a specialist, independent, Syndicate (CBN 4747) dealing with delegated business. We set out in 2018 with a mission to transform the world of delegated underwriting and with a vision to set a global benchmark. We are a young, dynamic company and recognise the importance of embracing modern technology to deeply enrich our offering.
The Role
- Take responsibility for the production and on-going oversight of new and renewal business for a range of clients across the property portfolio, including preparing and presenting business cases as appropriate.
- Liaise with the claims team in monitoring loss costs and claims patterns on both a portfolio and individual claim basis.
- Work closely with our technology team in developing and utilising analytical oversight tools via our proprietary tech platform, Graphene, to enhance our underwriting approach.
- Responsibility for on-going binder performance to ensure long term profitability across the property portfolio, including identifying and implementing coverage/guideline improvements as appropriate to suit market conditions.
- Review and produce coverage forms and endorsements as appropriate.
- Work closely with the actuarial department, including in binder pricing discussions.
- Handle referrals and special acceptances from Coverholders as appropriate.
- Monitor and assess the marketplace, including competitor pricing and product offerings.
- Work with senior management to identify new client prospects, and build business cases for prospective clients, in alignment with our ESG strategy and policies.
- Supporting senior management and contribute to the syndicate business planning and forecasting processes.
- Maintain key stakeholder relationships, including Coverholders, brokers, consortium partners and (re)insurance partners, ensuring regular dialogue, client meetings/office visits and presentations to external stakeholders as appropriate.
- Undertake research and prepare papers on insurance related projects.
- Work closely with all clients to ensure deadlines are met and correspondence is responded to promptly.
- Work closely with the Exposure Management team to understand and manipulate catastrophe modelling outputs.
Required Experience
- Minimum of 5 years’ insurance experience in International Property Binders/DA class – preferably with 1 year minimum as an Underwriter
- Extensive broker relationship network
- Proven experience of generating new business leads
- Strong technical understanding of wordings/coverage forms for relevant territories
- Understanding of bordereaux to steer Data Operations team in their manipulation of property data
- Understanding of catastrophe modelling outputs
- Ability to offer creative solutions
- Commitment to needs of the clients and strong relationship management skills
- Demonstrable sales, negotiation and analytical skills
- Good presentation skills
- ACII preferable but not required
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