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Underwriting Specialist

2 months ago

London, Greater London, United Kingdom SLL Travelers Management, LTD Full time
About the Role

We are seeking a highly skilled Senior Underwriter to join our Specie and Fine Art team in London. As a key member of our team, you will be responsible for managing the profitability of our Specie and Fine Art products by underwriting and processing new business, renewals, and midterm adjustments.

Key Responsibilities
  • Manage the underwriting of a particular Line of Business, supporting the overall profitability, growth, and retention of the Line of Business.
  • Ensure that the business is written in accordance with our company's policies, procedures, and controls, adhering to Lloyds Underwriting Management Standards.
  • Support the development of assigned Line of Business and services, researching and identifying target business, competitor information, industry, and economic factors.
  • Utilize appropriate systems to accurately enter quotes, risks, and endorsements, ensuring correct management, statistical, and regulatory reporting.
  • Prepare analysis and gather data to support the professional execution of corporate/business underwriting policies/standards.
  • Work closely with other business functions to optimize resource utilization.
  • Monitor Line of Business results, making recommendations for corrective action as necessary.
  • Monitor market factors and world affairs as part of research and development of new opportunities.
  • Promote our Line of Business, distribution strategy, and philosophy, providing guidance on our underwriting philosophy, procedures, and requirements.
  • Provide guidance, mentoring, and coaching as appropriate.
Requirements
  • Thorough underwriting experience in the Lloyd's and/or company market required.
  • ACII qualification preferred.
  • Strong knowledge of industry business operations, work methods, critical business issues, and financial drivers.
  • Excellent analytical and problem-solving skills.
  • Ability to work in a fast-paced environment and prioritize tasks effectively.
What We Offer
  • Competitive salary and benefits package.
  • Opportunities for professional growth and development.
  • Collaborative and dynamic work environment.
  • Recognition and rewards for outstanding performance.