Job Summary To review applications for Construction & Engineering (Re)insurance cover received by IGIUK Ltd, determining and evaluating the nature and extent of the risk involved, maximising profit generated by the arrangement, whilst minimising the risk exposure to the business. Job Description Company Description IGI - International General Insurance Co. Ltd. is a leading international specialist commercial insurer and reinsurer with a global portfolio of Energy, Property, Construction & Engineering, Ports & Terminals, Marine, Financial Institutions, General Aviation, Professional Indemnity, Casualty, Directors’ and Officers’, Legal Expenses, Political Violence, Contingency and Treaty Reinsurance. Registered in Bermuda as a limited liability company, with operational headquarters in Amman, Jordan and offices in London, Malta, Bermuda, Norway, Dubai, Kuala Lumpur and Casablanca, we aim to deliver outstanding levels of service to our clients and brokers. The company has a strong financial position, with a financial strength rating of "A-" (Stable) from Standard and Poor's, and an "A" (Stable) rating from A.M. Best. IGI seeks to maintain profitability through prudent risk selection and a diversified business model. Key Responsibilities Underwriting Underwriting new business profitably and accurately, reviewing and analysing (Re)insurance proposals received by IGIUK in order to determine what degree of risk, if any, to accept on the business’s behalf, by reference to relevant, up to date market information, statistics and specialist data Negotiating the most favourable terms with brokers and clients, ensuring that IGIUK’s income is maximised whilst its risk exposure is minimised Ensuring that all decisions regarding the insurance terms to be offered to clients are made in accordance with IGIUK’s documented Underwriting procedures and individual UW guidelines Liaising regularly with the IGI Group support and production teams based in Malta, Amman, Kuala Lumpur, Dubai, Casablanca and other offices, to ensure that procedures and process are operating as required and in a consistent manner Undertaking regular peer reviews in accordance with IGIUK’s internal standards and requirements Assisting with the continuous Learning and development of more junior members of the team Ensuring that individual responsibilities and accountabilities are carried out in line with regulatory and statutory requirements, particularly those relating to FCA’s principles covering Treating Customers Fairly and the general safeguards aimed at preventing financial crime Work with the Amman team to ensure underwriting files and documentation is in order for each risk reviewed Client Relationship Management Maintain and develop where required all aspects of client relationship management and third party service providers Actively manage and grow broker relationships both in the UK and overseas Ensure excellent service is provided to brokers including prompt and efficient turnaround timescales and the correct management of broker expectations Portfolio Management Responsible, under guidance of the Class Underwriter, for balancing a growth in volume without losing profitability across the line of business Assist in the production of the class Business Plan Assist in the implementation of new products/opportunities Liaising regularly with the IGI Group Underwriting, Actuarial, Legal & Compliance and Administrative teams to ensure procedures and process are operating as required and in a consistent and correct manner Work on marketing materials with Class Underwriter and IGI Marketing Team Continuing Professional Development Ensure an appropriate level of personal specialist knowledge and competence is maintained through a defined programme of training and continuing professional development as determined by prevailing regulatory requirements and internal standards Professional Conduct Understands and behaves in accordance with the regulators Conduct Rules Understands, and at all times, conducts work and oneself in line with the corporate values – Innovative, coming up with solutions We listen, consider and endeavor to offer solutions to all our customers We encourage our employees to innovate and to come up with new ideas and initiatives Genuine, authenticity matters We are a global team, supporting and collaborating with each other, for the benefit of all our stakeholders We celebrate diversity and recognize that each individual is unique, and of value to ourselves and our society Integrity, remaining true to our employees, customers and stakeholders We put our principles into practices, doing only what’s right for our customers, employees and shareholders We believe in building relationships, internal and external, based on trust, truths and real collaboration Key Attributes & Professional Qualification A minimum of 10 years’ underwriting or related experience in the insurance industry within Construction & Engineering lines of business A keen interest in own self professional development. Will need to be CII qualified or working towards, as well as regularly attending training events to continue their own professional development General computer literacy (excel, word, powerpoint etc Strong team player who is also able to work on own initiative within authority limits Excellent attention to detail in order to maintain accuracy of data and file records Customer focused, providing excellent customer service skills both internally to the team, as well as externally, with brokers The candidate needs to be a self-starter, who can manage high volumes during busy periods, has the ability to take and execute instructions and meet deadlines. Must work well under pressure and be able to prioritise tasks, especially during busy periods. Excellent Interpersonal skills: active listener, purposeful communication, confident interaction, and ability to work within a team Benefits 15% employer pension contribution 25 days holiday per annum and the ability to buy or sell up to an additional 5 days Corporate benefits including private health insurance (extends to family), Income Protection, Life Assurance, Dental Plan, Gym Membership, Cycle to Work, Childcare Vouchers and £500 per annum towards gym or health club membership Enhanced maternity and paternity benefits