Exclusive Role: Senior Underwriter | Property Facultative
Reinsurer
City of London
I am currently partnered exclusively with a leading Reinsurer who are seeking a Senior Underwriter to join their Property Fac team.
This role will be Underwriting a variety of Property risks from multiple industries on a Facultative basis, solely on an XOL basis too. Including but not limited to; Power, Real Estate, Mining, Renewables and more.
My client is looking for someone with a solid Property Underwriting background, either on a Fac basis or a primary basis who has had involvement with Fac placements.
Key Responsibilities
Underwriting
1. Support the department's objective of building and sustaining a profitable property excess of loss portfolio.
2. Underwrite and price individual risks and programme-based facultative reinsurance in line with underwriting philosophy, guidelines, rating tools, pricing methodologies, and documentation standards.
3. Maintain a strong understanding of market pricing, terms, and conditions.
4. Demonstrate in-depth expertise in contract and policy wordings, pricing structures, terms and conditions, and current underwriting issues.