P&C Underwriting Specialist

7 days ago


London, Greater London, United Kingdom Next Employment Ltd Full time
Job Overview
Next Employment Ltd is seeking a highly skilled P&C Underwriting Specialist to join their team in continental Europe and the UK. As a key member of the underwriting department, you will be responsible for overseeing delegated authority schemes and contributing to the growth of existing business.

Key Responsibilities:
• Oversight of delegated authority schemes
• Underwrite P&C risks
• Accommodate underwriting referrals
• Carry out underwriting file reviews
• Contribute to coverholder audits
• Cleansing and evaluation of data
• Monitoring pricing / rating adequacy
• Support the due diligence and onboarding of new P&C opportunities
• Contribute to return margin expectations in line with business plan
• Support organic growth of existing MGAs in Europe and UK
• Exposure management per binder
• File management
• Maintain compliance with applicable UK, Maltese or International statutory or regulatory obligations.

Required Skills and Qualifications:
• Minimum 3 years of P&C Underwriting experience, ideally gained across different jurisdictions within the European Union in direct insurance (or facultative reinsurance)
• Desire to develop portfolio management techniques
• Basic level of project management skills
• Basic knowledge of reinsurance and its applications
• Good interpersonal skills
• Good communication skills
• Good analytical skills
• Process and results-orientated with tenacity to delve into detail without losing sight of the bigger picture
• Ability to work with different cultures within a European context
• Team player
• Strong desire to learn new skills and techniques and willingness to travel when required
• Proficient MS Office skills
• Knowledge of French, Spanish, German, Dutch as an advantage
Estimated salary: £60,000 - £80,000 per annum.

Benefits:
The successful candidate will receive a competitive salary, comprehensive benefits package including pension scheme, life assurance, and generous annual leave entitlement.
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