Insurance Underwriter

2 weeks ago

London, United Kingdom Liberty Specialty Markets Full time

Employment Type: Permanent
Employment Type: Full time
Role Title: Underwriter: Property D&F
Type: Permanent
Exposure to a global portfolio of business ranging from SME accounts to large, listed multinationals.
Opportunity to develop and enhance technical underwriting skills with the help of the team and the internal Learning and Development department.
A market-leading team of 5 underwriters with a combined 50+ years’ market experience that works closely with brokers to provide effective risk transfer solutions.
We underwrite a worldwide book of property business to wide range of brokers and clients, on a primary and excess basis and are supported by a dedicated claims team.
Agile work environment – office and homeworking
Book split across company (Liberty Mutual Insurance Europe SE) and syndicate paper (Liberty Managing Agency Limited)
Underwrite insurance risks in accordance with the business plan and personal authority to meet business objectives, including:
Compliance with the production of documentation in accordance with contract certainty requirements
Develop knowledge of market dynamics and market cycles to support the performance of the underwriting team
Support the review and analysis of the portfolio, to identify progress towards business objectives
Ensuring accuracy of data with relation to both underwriting and aggregate exposures
Adherence to all relevant regulatory requirements forms part of your role. The demonstration of behaviors as set out in the Conduct Risk Policy, as they relate to your role, is core to LSM's commitment to our Liberty Values. LSM expects you to understand your responsibilities relating to all regulatory and internal requirements, and to always proactively demonstrate compliance with these requirements and behaviors.
In virtue of your role’s prescribed legal entity responsibilities, you will be required to undertake your role with due regard to the prescribed responsibilities and regulatory requirements associated with that role – which may require undertaking appropriate learning & development.
Understanding of prevailing market conditions within the Property market
Good knowledge of legal and regulatory requirements
Working towards Chartered Insurance Institute qualification(s) preferred
Intermediate level understanding of relevant software including Excel and other software packages
Liberty Specialty is part Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.
Offering a vibrant and inclusive environment and committing to their career development.
Promoting diversity, equity and inclusion (DEI). OurInclusion Matters frameworkand employee-led networks strengthen the diversity of our workforce and our inclusive environment.
Reinforcing that collaborating together to share our unique perspectives help us make better decisions, deliver innovative solutions and pursue our ambitious goals.
A supportive culture, which includes promoting a healthy work-life balance and working flexibly.

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