Syndicate Underwriter – Property and Power

About the Role:

The job holder is expected to operate within the syndicate rules and regulations.

Key Responsibilities:

• The person requires good networking with reputed reinsurance brokers mainly based in London, Dubai, Singapore markets.
• Ensure adequate submission flows from different brokers
• The position requires a good level of technical expertise and knowledge in underwriting Property, Power and Construction line of business.
• Applies underwriting and risk selection techniques to determine the acceptability of new and renewal insurance risks.
• Provide quotes to brokers within resonable time and provide service to brokers.
• Comply with Lloyds' underwriting control including rating, peer review, underwriting guidelines etc.
• Gather, prepare and present monthly management reports on own activtity.
• Assess, evaluate and price risk using risk modelling techniques and prescribed underwriting guidelines
• Ensure timely booking of business in the system.
• Assist in providing an accurate, high quality and speedy underwriting service that builds broker relations and credibility
• Liaison with operations, reinsurance and claims on as required basis
• Responsible P&L for assigned class of business.

Qualifications and Education:

• At least 5-8 years' experience as an underwriter or broker writing Property, Power and Renewables risks for a Syndicate, International company, or an International Broking House.
• As the role excludes the United States and Mena regions a strong focus on International Property and Power is desired but other appropriate experience will be considered.
• Sound knowledge and understanding of the Intenational Reinsurance Market
• Specialised in Property, Power and Renewable Energy
• Genralised in Marine and Construction Line of Business will be an advantge.
• Written and verbal communication skills in English
• Problem solving and decision making capabilities
• Influencing and interpersonal skills.
• Negotiation Skills
• Reasonable knowledge of MS word, excel.

Key Performance Indicators:

• GPW target as per syndicate SBF
• Profitability target as per syndicate SBF
• Number of submissions
• Adherenece to Underwriting Control Protocol