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Syndicate Underwriter – Property and Power

About the position

About the Role: The job holder is responsible for sourcing international business through brokers, maintaining working relationship with brokers and converting submissions into bound business. The job holder is responsible for assessing and underwriting new and renewal business, maintaining renewals base, achieve business and profitability targets. 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

Place of work

Talent Job Seeker
Dubai
app.general.countries.United Arab Emirates

About the company

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Job ID: 10548779 / Ref: ac5725d73aeac4e270aa5414fd184bed

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