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International Property Binder Underwriter Delegated

2 months ago

London, Greater London, United Kingdom Hays Specialist Recruitment Limited Full time

About the Role

Your new company is a leading Lloyd's Insurer that prides itself on being an innovative organization that puts its clients first. They are an employer of choice and a leading market name in the Insurance Industry.

Job Summary

We are seeking an experienced International Property Binder Underwriter to join our International Delegated Authority Property team, particularly in US markets. As an International Property Binder Underwriter, you will report to the Group Head of DA Property and be responsible for underwriting new and renewal property binders, exercising judgment in all underwriting matters, and managing property binders effectively.

Key Responsibilities

  • Underwrite new and renewal property binders
  • Exercise judgment in all underwriting matters
  • Manage property binders effectively, including performance, EPI monitoring, referrals, bordereaux management, rate movement, claims trends, regular reviews, underwriter visits, and audits
  • Have a strong understanding of US DA markets and complex underwriting of Binder/Delegated Authority risk
  • Have proven market knowledge and strong client/Broker contacts

Requirements

  • Advanced knowledge of the International Commercial property business, including liability associated with commercial property business
  • Experience in International Homeowners and High Value Home business
  • Knowledge of Lloyd's insurance market, Underwriting Principles, and Legal Principles

What We Offer

We offer a competitive salary depending on experience and flexible working arrangements. You will also receive an excellent benefits package and work in a team of like-minded individuals willing to help you grow and develop.