PVT Underwriter

6 days ago


London, Greater London, United Kingdom The Hartford Full time

About The Hartford

The Hartford is a leading insurance company that goes beyond traditional coverages and policies. We're committed to making a difference and providing opportunities for our employees to achieve their goals and help others succeed.

Job Summary

We're seeking a skilled PVT Underwriter to join our Political Risks team. As a key member of our team, you'll be responsible for underwriting business in line with our Terrorism and Political Violence appetite, developing and maintaining relationships with brokers and clients, and supporting the growth and profitability of our portfolio.

Key Responsibilities

  • Underwrite new and renewal accounts to meet planned underwriting results, through proactive account review, analysis of underwriting trends, and improvement plans to maintain profitability.
  • Negotiate account participation, pricing, and terms and conditions with brokers.
  • Underwrite in line with Underwriting Authorities, Underwriting Guidelines, Rules, and Principles.
  • Support the development and execution of the PV&T underwriting and marketing strategies, delivering growth strategy to London-based brokers.
  • Awareness and development of new products and geographic territories for expansion of the Political Risks book without losing focus on profitability.
  • Proactively support retention of existing business through both market and one-on-one meetings with our Insureds/potential Insureds.
  • Develop and maintain strong relationships with key Brokers & Insured's, including UK and potential overseas travel on behalf of the team.
  • Support other team members with training and developing Junior Underwriters to continually improve their technical and trading capability, with an overall objective to develop a market-leading team.
  • Contribute to the periodic reporting of Underwriting results.
  • Ensure accurate policy documentation is issued and filing is maintained through a close working relationship with Operations and Aggregate Modelling teams.

Requirements

  • Reasonable standard of education.
  • Willingness to broaden and develop knowledge of PVT, Credit, and Political Risks, and related issues through formal and informal learning.
  • Ability to prioritize and organize workload and meeting deadlines and that of the team.
  • Ability to develop and sustain relationships with internal and external customers.
  • Sufficient knowledge, interest, and understanding of Global Current Affairs (social, political, and economic).


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