Senior US Delegated Property Underwriter
2 weeks ago
Senior US Delegated Property Underwriter Join us as a Senior US Delegated Property Underwriter at Munich Re Specialty – Global Markets, UK. About Us At Munich Re Specialty – Global Markets (MRS‑GM), we aim to become the leading Primary Specialty Insurance provider through an effective and adaptable strategy, superior products, and a supportive environment that empowers our team to achieve success. Job Summary We need a Senior Property Underwriter to work full‑time in our London office, reporting to the Group Head of Delegated Property. You will ensure prudent underwriting of Delegated Property business, maximize profit, and uphold our reputation and regulatory obligations. Responsibilities Underwrite new and renewal Property binders, exercising judgement and staying within your underwriting limits. Manage property binders, including performance, EPI monitoring, referrals, bordereaux management, rate movement, claims trends, and regular reviews. Service existing binder contracts and open‑market risks, making amendments aligned with the Syndicate’s philosophy. Enter risk information into S2000 and other systems, ensuring compliance and KYC. Build and maintain relationships with Coverholders, brokers, and internal teams (claims, actuarial, compliance, finance). Stay informed about market developments through Lloyd’s and the wider market. Review slips, endorsements, rate structures, underwriting guides, and policy wordings to keep accounts within the business plan. Monitor monthly premium income and country/state aggregates to stay within limits. Manage risk‑management surveys. Prepare and review reinsurer information as required. Provide data and reports for team and corporate meetings. Record risk entry accurately and amend when needed. Support the Group Head in supervising Underwriters, Assistant Underwriters, and Underwriting Assistants. Attend and contribute to binder team meetings and other internal meetings. Follow company procedures and systems. Track renewal reports and chase outstanding renewal business. Support line manager on strategic initiatives. Assist on other classes of business as required. Knowledge & Skills US Commercial property business, including liability for combined/package business. US Homeowners and High‑Value Home business. FCA / PRA and Lloyd’s rules, including conduct risk and contract certainty. Lloyd’s insurance market. Underwriting Principles. Legal Principles. Company procedures relevant to your role and supervisory responsibilities. Clear understanding of colleague roles and their relationship to the business plan. Market awareness. Diversity, Equity & Inclusion Munich Re promotes an inclusive environment that values diversity across race, ethnicity, gender, age, abilities, and beliefs. All candidates can request a reasonable adjustment at any point in the recruitment process. Learning & ESG Our ESG strategy focuses on environmental, social, and governance impacts, supporting local initiatives and volunteering opportunities. Benefits 25 days Annual Leave + Bank Holidays. 10% Non‑contributory Pension. Eligibility for an Annual Bonus. Private Medical + Dental Insurance. Critical illness, Life Assurance, and Permanent Health Insurance. Wellbeing and Development Scheme, EAP, Health Assessments. Electric Vehicle Salary Sacrifice Scheme. Study & professional development support. Hybrid Working + IT Home Set‑up Support. Location: London, United Kingdom | Type: Full‑time | Seniority level: Mid‑Senior level | Function: Finance & Industry: Insurance. #J-18808-Ljbffr
-
US Property Underwriter
5 days ago
City Of London, United Kingdom Münchener Rückversicherungs-Gesellschaft Full timeAbout us At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this. At the heart of our success is a strong culture where people are encouraged...
-
US Property Underwriter
16 hours ago
City Of London, United Kingdom Munich Re Specialty - Global Markets, UK Full timeAbout Us At Munich Re Specialty – Global Markets (MRS‑GM) it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this. At the heart of our success is a strong culture where people are encouraged...
-
US Property Underwriter
12 hours ago
City Of London, United Kingdom Munich Re Full timeAbout us At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this. At the heart of our success is a strong culture where people are encouraged...
-
Senior US Delegated Property Underwriter
2 days ago
Greater London, United Kingdom Münchener Rückversicherungs-Gesellschaft Full timeAbout us At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this. At the heart of our success is a strong culture where people are encouraged...
-
US Property Underwriter – Delegated
11 hours ago
City Of London, United Kingdom Munich Re Specialty - Global Markets, UK Full timeA leading global insurance provider is seeking a full-time US Property Underwriter in London. The role involves prudent underwriting of Delegated Property business, managing relationships with brokers, and ensuring compliance with regulatory obligations. Candidates should possess advanced knowledge of the US commercial property market and underwriting...
-
Greater London, United Kingdom Munich Re UK Services Ltd Full timeA leading insurance provider is seeking a Senior US Delegated Property Underwriter for its London office. This role involves underwriting new and renewal property risks, managing contracts, and ensuring compliance. Candidates should have experience with US commercial property underwriting and a strong understanding of regulatory standards. The company offers...
-
Senior US Delegated Property Underwriter
1 week ago
Greater London, United Kingdom Munich Re UK Services Ltd Full timeLocation London, United Kingdom Job type Full-Time Work mode Hybrid Job level Professional Job ID 10720 Company Munich Re Specialty - Global Markets Employment type Regular Area of expertise Claims & Underwriting Senior US Delegated Property Underwriter About us At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading...
-
Delegated Property Underwriter
2 weeks ago
London, United Kingdom Munich Re Specialty - Global Markets Full timeDelegated Property Underwriter **Company** Munich Re Specialty - Global Markets **Location** London, United Kingdom **About us** At Munich Re Specialty - Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working...
-
Senior US Property Binders Underwriter
1 week ago
London, United Kingdom IPS Group Full timeAn established Lloyd’s syndicate is seeking a Senior Underwriter to support the build-out of its newly created US Property Binders portfolio. This is an exciting opportunity to work on a growing, CAT-exposed book that includes a broad range of US homeowners & commercial risks, covering a broad appetite including flood, DIC, and mortgage impairment risks ....
-
US Property Underwriter
5 days ago
London, Greater London, United Kingdom Munich Re Specialty - Global Markets, UK Full time £60,000 - £120,000 per yearAbout UsAt Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.At the heart of our success is a strong culture where people are encouraged...
