Underwriting Risk

5 months ago

London, United Kingdom Gen Re Full time

Shape Your Future with Us

General Re Corporation, a subsidiary of , is a holding company for global reinsurance and related operations. Its direct reinsurance companies conduct business as Gen Re.

Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of , supported by over 2,000 employees worldwide, we have earned superior financial strength ratings from each of the major rating agencies.

A career at Gen Re offers an opportunity to gain a full understanding of the wider Risk and Compliance function, offering exposure across both the Gen Re International P&C business and Faraday's Syndicate 435 at Lloyd's. Gen Re is committed to nurturing an inclusive, collaborative and high-performing culture where diverse ideas thrive and people can achieve their full potential. 

We now have an excellent opportunity for you to join the London Office as an  Underwriting Risk & Control Manager .

Main Purpose of the Role

You will be joining a high performing Risk andCompliance team, tasked with helping Gen Re manage underwriting risk. You willquickly take ownership of key components of the Gen Re Underwriting ControlFramework, working with underwriting teams to continually enhance theunderwriting process and acting as the second line of defence on underwritingtopics.

Key Responsibilities

Co-ordinate the annual review and update of key components of the Underwriting Control Framework Help develop and maintain key underwriting guideline documents and policies Support underwriters in understanding and implementing the Gen Re Underwriting Control Framework Collaborate with underwriting teams on Underwriter Peer Reviews, ensuring review activities are delivered in line with agreed scope and timelines Support quarterly Risk & Control Assessments and contribute to Risk Management reporting on incident and near-miss events Prepare reporting content to various risk committee and governance forums Co-ordinate responses to risk-related regulatory information requests and obligations (such as SOX compliance audits or delivery against the principles of doing business at Lloyd’s) Contribute to other key activities of the Gen Re and Faraday Risk Management team outside of underwriting Support Group Enterprise Risk Management initiatives as required

Qualifications & Experience

A relevant professional qualification or proven knowledge of insurance sufficient to be able to fulfil the above responsibilities Experience of working within underwriting, pricing or exposure management Alternatively, experience working in an assurance role with a deep technical understanding of underwriting risk Knowledge of the insurance industry, including regulatory frameworks Highly organised and able to work independently Strong attention to detail Team player and ability to manage key relationships Good verbal and written communication skills Unrestricted right to work in the UK

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