Senior Liability Underwriter
2 weeks ago
Senior Liability Underwriter (Marine, Energy & Marine Property)
**Company**
Munich Re Specialty Group
**Location**
London, United Kingdom
At Munich Re Specialty Group, individuality and intellectual curiosity is a key driver for our success and innovation. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to perform at our best and give us a competitive edge. We know there is always more work to be done, but we’re committed to building a strong and inclusive culture where everyone is welcomed and valued for their “own expression of self-identity”.
About us
Munich Re Specialty Group is part of the Munich RE group. We are known for our dedication to excellence and quality of service provision across both primary and reinsurance.
As well as operating in the Lloyd’s of London market, we conduct our business via a global network of service companies, with offices located in the UK, Ireland, the United States, Asia, including Hong Kong, Singapore, Labuan and Dubai. We are also represented in Lloyd’s China.
Our group of companies provide solutions covering Casualty, Marine & Cargo, Energy & Aerospace, Cyber, Political Violence, Trade Credit and Property, Contingency and Yacht. Our purpose is to inspire our clients and people with the confidence and freedom to explore, create and build - to enable people and businesses to thrive.
Senior Liability Underwriter (Marine, Energy & Marine Property)
We are looking to employ a Senior Liability Underwriter to work for **Munich Re** **Syndicate Ltd** and cover Marine, Energy & Marine Property classes of business, be based in London and to work with us on a full time basis.
If you’d like to work within a results driven, high performing and collaborative team atmosphere where you can make difference, we’d love to hear from you.
The Role
- Underwrite liability risks, exercising judgement in all underwriting matters, and remain aware of own underwriting limits as set out on the Underwriting Authority sheet, all in accordance with Underwriting business plan;
- Conduct and develop effective relationships within Lloyd’s, both with peers and with Brokers, with a view to securing new business that falls within the Munich Re Syndicate Ltd portfolio, specifically liability risks.
- Monitor recording of all aggregate and reporting information as follows:
- Undertake quarterly collation of RDS aggregates from all classes of liability business;
- Maintain full audit trail for all the above in line with Firm’s procedures manual.
- Supervise the underwriting assistant in monitoring of income flows (late premiums/adjustments etc);
- Provide management reports as and when required.
- Review slips and/or other information/literature, exercising own judgment, based on knowledge and experience, acting within own limits of authority.
- Review and administer existing contracts and make amendments in line with the firm’s underwriting philosophy;
- Monitor recording of risk entry and amend where appropriate;
- Review daily claims report;
- You are required to comply with the PRA and FCA Conduct rules.
What we are looking for
The prudent underwriting of quality business in line with the business plan to facilitate maximum return of profit while maintaining the firm’s reputation and integrity, demonstrating care for customers and respect for the regulatory obligations of the firm.
Key Skills & Experience
Advanced (Level 3) knowledge and understanding of:
- Underwriting Principles;
- Legal Principles;
- PRA and Lloyd’s rules and regulations including contract certainty issues;
- All company specific procedures that relate to own role and role of those employees that you are supervising;
- Liability cover
**Qualifications**:
University Degree and/or relevant professional qualification
Your career with us
At MRSG, you’ll find the flexibility, development and support you need to excel your career combined with a competitive salary and a benefits package that promotes wellbeing and work-life balance, on top of the standard features that include a non-contributory pension, private medical care, life assurance and more
Diversity & Inclusion
Creating an inclusive environment is a crucial part of the Munich Re culture, and we are committed to our Diversity & Inclusion Policy. We also seek to provide a fair and supportive work environment which provides learning and development opportunities for all.
- Working together, we are an employer of choice by building the workforce for today and the future._ _We make it happen. Together._
Push Boundaries. With us. | Munich Re
-
Management Liability Underwriter
1 month ago
London, United Kingdom Everest Re Group, Ltd. Full timeTitle: Management Liability Underwriter Company: Everest Advisors (Uk), Ltd. Job Category: Underwriting **Job Description**: Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Europe, Bermuda, Canada, Singapore, US, and other territories. Our strengths include extensive product and...
-
Senior Underwriter
1 month ago
London, United Kingdom Hiscox Full timejob description: **About the team/division** Hiscox has been writing Marine & Energy Liability insurance as part of the wider Marine & Energy Division in London Market for many years and is viewed as one of the leading Markets in the class. The Marine & Energy Liability portfolio is written alongside Marine Hull & War, Marine Cargo, Upstream Energy and...
-
Senior Technical Underwriter
3 weeks ago
London, United Kingdom CNA Hardy Full timePosition OverviewWe are seeking to hire a Senior Technical Underwriter to join our Lloyd's Marine Liabilities teamKey ResponsibilitiesReview applications and financial requirements for risks requiring sophisticated underwriting skills. Determine acceptability of risk in accordance with company guidelines and standards.Define appropriate pricing based on...
-
Liability/ Construction Underwriter
4 weeks ago
London, United Kingdom Arthur Full timeArthur has partnered with a specialist London MGA, that is seeking recruit 2 Construction / Liability Underwriter to join their Commercial New Business Team. This position offers hybrid working, and the offices are based in the centre of the City of London. The company - My client is an insurance solutions company that specialises in both e-trade &...
-
Senior Underwriter/Underwriter
4 weeks ago
London, United Kingdom Starr Insurance Companies Full timeStarr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world. Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today,...
-
Senior Liability Underwriter
2 weeks ago
London, United Kingdom Munich Re Specialty Group Full timeThe Role Underwrite liability risks, exercising judgement in all underwriting matters, and remain aware of own underwriting limits as set out on the Underwriting Authority sheet, all in accordance with Underwriting business plan; Conduct and develop effective relationships within Lloyd’s, both with peers and with Brokers, with a view to securing new...
-
Senior General Liability Underwriter
4 weeks ago
London, United Kingdom The Hartford Full timeTo support & drive the strategic development of the General Liability (GL) portfolio by building a profitable, sustainable book of wholesale and retail business across both existing London Market/Lloyd’s platforms. Job Responsibilities and Competence - Contribute to business plans and the longer term strategy for ongoing success in the GL segment, on both...
-
Underwriter, Energy
2 days ago
London, United Kingdom SiriusPoint Full timeYou will be our Underwriter, Energy & Marine Liability. The main purpose of your role is negotiating, underwriting and maintaining a profitable portfolio of business to meet budgetary requirements, as well as researching new business opportunities to develop a quality book of business. You will report to the Senior Underwriter, Energy. Your...
-
Senior Claims Adjuster
19 hours ago
London, United Kingdom Avencia Consulting Full timeThe Role: Avencia are partnered with a leading London Market insurer who are looking for a Marine Liability Claims Adjuster to join their team in London. The claims team works collaboratively alongside the underwriting function in order to facilitate close communication and exchange of ideas. The opportunity: You will handle a broad range of claims...
-
Senior Underwriter Hybrid
1 week ago
London, United Kingdom Harrison Holgate Full timeHybrid: Yes You will be responsible for supporting the Senior Class Underwriter and Head of General Liability in helping to further generate more profit for the syndicate whilst being an integral part to the forecasting and planning of the book going forward, going to Lloyd's and building and maintaining relationships with Brokers.
-
Senior Claims Adjuster
7 hours ago
London, United Kingdom Insurance Ag Full timeThe Role: Avencia are partnered with a leading London Market insurer who are looking for a Marine Liability Claims Adjuster to join their team in London. The claims team works collaboratively alongside the underwriting function in order to facilitate close communication and exchange of ideas. The opportunity: You will handle a broad range of claims...
-
Underwriting Assistant
4 weeks ago
London, United Kingdom XL Catlin Full time**Flexible Work Eligible**: Flexible Work Schedule **DISCOVER your opportunity** **Underwriting Assistant - Energy Liability and Energy Downstream** London, UK Fantastic entry level / second job position as an Underwriting Assistant within AXA XL’s Energy team. This role is a hybrid role combining both time in our newly refurbished London office as...
-
Casualty Underwriter
1 month ago
London, United Kingdom Compass Recruitment Ltd Full timeOur clients are seeking both a Casualty Underwriter and a Senior Casualty Underwriter. Both jobs are London based - 3 days a week in London office & 2 days at home. Our clients are seeking to hire both a Casualty Underwriter & Senior Casualty Underwriter to work on theirmonoline casualty producttargeting medium to large corporate clients in London placed...
-
Casualty Underwriter
4 weeks ago
London, United Kingdom Compass Recruitment Ltd Full timeOur clients are seeking both a Casualty Underwriter and a Senior Casualty Underwriter. Both jobs are London based - 3 days a week in London office & 2 days at home. Our clients are seeking to hire both a Casualty Underwriter & Senior Casualty Underwriter to work on theirmonoline casualty producttargeting medium to large corporate clients in London placed...
-
Senior Underwriter: Casualty High Excess
5 days ago
London, United Kingdom Liberty Specialty Markets Full time**General information**: **City**:London, UK **Country**:United Kingdom of Great Britain and Northern Ireland **Creation Date**:14-May-2024 **Employment Type**:Permanent **Employment Type**:Full time **Ref #**:1234570896 **Description & Requirements**: **Role Title: Senior Underwriter** **Department: Casualty** **Team: High Excess** **Location:...
-
Senior Underwriter | Insurance
2 days ago
London, United Kingdom Liberty Specialty Markets Full timeEmployment Type: Permanent Employment Type: Full time Type: Permanent Grow and develop the UK & ROW excess business whilst continuing to maintain our US exposed accounts. Our excellent working relationships with our US and Bermudian colleagues allows us provide excellent risk insight and continuity to our global clients. We deliver a broad range...
-
Financial Linestreaty Underwriter
1 month ago
London, United Kingdom IPS Group Full time**Salary**: £50000 - £80000 per annum + + Benefits - **Location**: City of London, London - **Job reference**: 151963_1693919953 We are working with a Global Reinsurer who has a newly created role for an experienced Financial Lines Underwriter. Working alongside an experienced Class Underwriter and Senior Underwriter you will underwrite a portfolio of...
-
Claims Adjuster
1 month ago
London, United Kingdom Avencia Full time**About us** HDI Global is part of the Talanx Group, one of the world’s largest insurance groups and a leader in the delivery of global insurance solutions for corporate businesses. With an eye on the future, HDI is on a journey to ensure our organisation is one of the best places to work in the world. **The role** To desktop adjust own portfolio of...
-
Aviation Liability Adjuster
4 weeks ago
London, United Kingdom Charles Taylor Full time**Overview**: **Reference** 667922 **Salary** £/annum **Job Location**: - United Kingdom - England - Greater London - London **Job Type** Permanent **Posted** 01 December 2023 **The Role**: Aviation Liability Loss Adjuster is responsible for handling all aspects of loss adjusting and other consultancy assignments, within CTA - Aviation. The Liability...
-
Construction Underwriter
1 month ago
London, United Kingdom Munich Re Full timeF&C-Casualty has the global mandate to underwrite Liability and Specialty Lines business and to provide bespoke and complex insurance solutions. Underwriting US/Canada industrial liability programs (focusing on general liability/product liability for large, multi-national industrial clients – Fortune 5000) Managing and monitoring the risks assumed, and...
