Contingency Underwriter

3 weeks ago


London, United Kingdom Avencia Full time

**Contingency Underwriter**:
London Permanent
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**About us**:
HDI Global Specialty SE is a specialty lines insurer. It is owned by HDI Global SE, part of the Talanx Group. HDI Global Specialty’s focus is on writing agency and specialty insurance business with operations in 9 locations and access to a global network of more than 175 countries through the HDI Global SE network. HDI Global Specialty also enjoys the same financial strength as HDI Global SE.

**The role**:
To carefully select and underwrite risks, in a cost effective manner and in accordance within granted authority levels, and under the direction of the team to ensure the Contingency is profitable and business targets are met.

**Key accountabilities**:

- Generate a material contribution to the underwriting of the Contingency portfolio whilst maintaining high standards on new and renewal business.
- Responsible for documenting underwriting rationale and decisions to maintain a record of why the risk was bound and complete the associated tools for data capture.
- Broker liaison - develop strong, long-term relationships with London Market brokers and our mutual clients to profitably grow a book of business and provide excellent customer service.
- Review and assess wordings and underwriting criteria with Legal & Compliance
- To calculate possible risk and determine appropriate insurance premiums using actuarial information, other statistics and own judgment within underwriting authority level, making necessary referrals in accordance with company policy
- Preparation of ad-hoc reports for to assist with internal reporting.
- Represent HSUB at client meetings and insurance conferences, and deliver presentations to brokers as required.
- Participate in special underwriting projects, and Branch-wide projects as needed
- Nurture a culture of strong collaboration with both HDI Global Specialty Group and HDI Global colleagues around the world.
- Communicate risk appetite and HSUB value proposition to London Market brokers
- Provide technical underwriting expertise / guidance to less experienced underwriting staff on the coverage, risk selection, and market

**Skills & experience**:

- Demonstrable knowledge of Contingency business and coverage design.
- Established business relationships with London market brokers.
- Have prior experience within an underwriting team.
- Strong first hand, in-depth working knowledge of Contingency markets.
- Strong technical understanding of classes.
- Intermediate MS Office skills - Outlook, Excel, Word, & PowerPoint.
- Working towards Dip CII

**Other**:



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