The Fidelis Partnership is a leading privately‑owned, Bermuda‑based Managing General Underwriter, which, through its subsidiaries, is a global underwriter of property, bespoke and specialty insurance and reinsurance products. The Fidelis Partnership is one of the largest Managing General Underwriters globally and its operations also include outwards reinsurance, claims handling, exposure management and portfolio analytics. The Fidelis Partnership also sponsors and incubates specialist MGAs through its Pine Walk platform. The Fidelis Partnership is separately owned and managed from the ownership and management of Fidelis Insurance Group.
Across product lines and geographies, we focus on three diversified pillars: reinsurance, specialty and bespoke solutions. We are truly diversified. Our long‑standing partnerships with capital providers and quota share partners make us nimble. Our breadth of expertise and capabilities deliver outstanding market returns.
The role
The primary focus of this role is originating, modelling, administering, and underwriting a portfolio of (re)insurance business. This includes analysing and maintaining the accuracy of all (re)insurance submission data, policies, and records with the ultimate goal of ensuring that Fidelis’ interests are properly managed and protected.
Key accountabilities
- Participate in the underwriting process, evaluation, and presentation of submissions, analysing and interpreting exposures, determining coverage and contract language
- Assist and work with risk modeling and pricing tools
- Originate, leverage, build and maintain broker and client relationships
- Monitor market developments and remain current regarding knowledge of all relevant classes of business, and legislated and regulatory changes / requirements
- Ensure accuracy and integrity of underwriting data in group underwriting systems
- Prepare and issue quotes on an accurate and timely basis
- Supervising and/or mentoring junior members of the team
- Ensure compliance with internal and external underwriting regulations, liaising as appropriate with external bodies such as brokers, clients, auditors, and regulators as required
- Assist with strategic initiatives as needed to promote business growth
Skills & experience
- Minimum of 5 years’ experience in a broking or underwriting capacity in the relevant line of business
- Established networks and strong existing relationships with brokers and clients, and ability to independently manage meetings
- Strong understanding of the underwriting marketplace
- Excellent analytical skills, with a working knowledge of and ability to interpret the outputs of pricing models, and the statistical skills necessary to perform analyses on first principles
- Proven negotiator, with demonstrated ability to attract new business and retain clients
