About Inigo
Inigo is a global specialist in high-risk, high-capacity insurance and reinsurance, serving some of the world's largest commercial and industrial enterprises. We concentrate on limited classes and combine the best data and analytics to build our own capability to generate insights to drive business decisions. Top of our agenda is maintaining a diverse and open culture where we foster talent and provide opportunities to build a rewarding career in a company that is vibrant and early on in its exciting journey.
We have a culture that is inclusive, fun, and constantly strives for excellence, we describe it as 'all in'. Our values are:
* Get Smart – we ask questions, explore, learn, and continuously strive for excellence
* Park the Ego – we are welcoming and open, and embrace different thinking
* Share the Passion – we collaborate and communicate our expertise honestly and thoughtfully
* Radical Simplicity – we are transparent, focused and actively avoid complexity in how we operate
About the team and role
Our International Property team is a newly established team that underwrites internationally, with a core focus on the following territories Canada, Australia, New Zealand, Europe and the Caribbean. We can write anywhere outside the US. We are focused on achieving profitable GWP growth over the coming years, as a lead market. Building on the success of the North American property team, with a clear ambition to differentiate our offering in order to deliver on these goals.
The team consists of three people, supported by dedicated analytical expertise from our pricing and exposure management colleagues. We work closely together in a collaborative, open environment, bringing a balance of technical capability and market knowledge.
As an Assistant Underwriter you will underwrite business within assigned underwriting authority, and work within the underwriting team to achieve the business plan. They will also conduct some underwriter support activities when required.
The successful candidate will do this by:
Day-to-day
* Building and maintaining relationships with customers, brokers, business partners and colleagues to achieve business objectives
* Underwriting (re)insurance risks in accordance with the business plan and personal authority to meet business objectives
* Assisting with rating of account by analysis, interpretation and input of underwriting information into pricing models (e.g. geographical exposure)
* Calculating appropriate risk premium by using company pricing tools for the specific line of business
* Reviewing submissions including applications, policy wording, inspection reports, loss runs, and financial reports
* Proactively advising, assisting, servicing and following up with clients on insurance and risk management matters
* Providing timely service of new and renewed accounts according to quality standards
* Reviewing loss control reports and managing policy endorsement/adjustment requests (of higher complexity) to process any necessary changes to the policy (if cannot be completed by Ops)
* Overseeing monitoring of service levels
Ad hoc
* Supporting Underwriters for renewals and client meetings
* Contributing to and following the business planning process for the Underwriting division in order to make appropriate decisions
* Supporting other functions as and when required
To do this, we're going to need you to bring:
* Collaborative approach with an innovative mindset who provides creative solutions and ideas for resolution
* A relentless curiosity along with excellent analytical and technical skills
* Excellent written and oral communication skills
* Ability to manage time, meet deadlines and prioritise effectively
* Intermediate level understanding of relevant software including Excel