The Opportunity:

If you want to join an exciting and expanding insurance business, with an energised leadership team and a top-flight tech platform, revolutionising the way DUA business is transacted through the Lloyd’s and London market, then read on. With a rapidly expanding portfolio of Coverholders, we are searching for an experienced and enthusiastic International Property Underwriter to join our growing underwriting team.

About Us:

Carbon Underwriting is a new approach for the market. We are a specialist, independent, Syndicate (CBN 4747) dealing with delegated business. We set out in 2018 with a mission to transform the world of delegated underwriting and with a vision to set a global benchmark. We are a young, dynamic company and recognise the importance of embracing modern technology to deeply enrich our offering.

The Role:

• Take responsibility for the production and on-going oversight of new and renewal business for a range of clients across the property portfolio, including preparing and presenting business cases as appropriate.

• Liaise with the claims team in monitoring loss costs and claims patterns on both a portfolio and individual claim basis.

• Work closely with our technology team in developing and utilising analytical oversight tools via our proprietary tech platform, Graphene, to enhance our underwriting approach.

• Responsibility for on-going binder performance to ensure long term profitability across the property portfolio, including identifying and implementing coverage/guideline improvements as appropriate to suit market conditions.

• Review and produce coverage forms and endorsements as appropriate.

• Work closely with the actuarial department, including in binder pricing discussions.

• Handle referrals and special acceptances from Coverholders as appropriate.

• Monitor and assess the marketplace, including competitor pricing and product offerings.

• Work with senior management to identify new client prospects, and build business cases for prospective clients, in alignment with our ESG strategy and policies.

• Supporting senior management and contribute to the syndicate business planning and forecasting processes.

• Maintain key stakeholder relationships, including Coverholders, brokers, consortium partners and (re)insurance partners, ensuring regular dialogue, client meetings/office visits and presentations to external stakeholders as appropriate.

• Undertake research and prepare papers on insurance related projects.

• Work closely with all clients to ensure deadlines are met and correspondence is responded to promptly.

• Work closely with the Exposure Management team to understand and manipulate catastrophe modelling outputs.
  
  Required Experience

• Minimum of 5 years’ insurance experience in International Property Binders/DA class – preferably with 1 year minimum as an Underwriter

• Extensive broker relationship network

• Proven experience of generating new business leads

• Strong technical understanding of wordings/coverage forms for relevant territories

• Understanding of bordereaux to steer Data Operations team in their manipulation of property data

• Understanding of catastrophe modelling outputs

• Ability to offer creative solutions

• Commitment to needs of the clients and strong relationship management skills

• Demonstrable sales, negotiation and analytical skills

• Good presentation skills

• ACII preferable but not required