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    Underwriter, Marine Reinsurance - London, United Kingdom - Arch Capital Group

    Arch Capital Group
    Arch Capital Group London, United Kingdom

    1 week ago

    Default job background
    Full time
    Description

    With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable PossibilitySM.

    Position summary :

    This role will report to the Head of Marine. You will assist in developing the underwriting strategy and portfolio, exhibiting adherence to the Syndicate Business Forecast (SBF) and profitability targets. This includes conformity with the operational procedures and reporting requirements designated by the Syndicate.

    Key Responsibilities:

  • Responsible for underwriting business on behalf of the syndicate within the parameters of the Syndicate Business Forecast (SBF) and the Syndicate Underwriting Guidelines (SUG's)
  • Assist the Head of Marine in development of long/short term strategy, and SBF for relevant class of business
  • Build and maintain good client and broker relationships to access new and renewal business in accordance with our SBF. Provide a high quality service to brokers and customers and ensure timely responsiveness to business flow
  • Ensure that the monitoring of underwriting activities, risk controls and compliance checks are in accordance with the SUG's and Class of Business (COB) Guidelines
  • Ensure that syndicate management reporting requirements, premium income monitoring, Management Information (MI) and Key Performance Indicators (KPI's) are complied with
  • Ensure that underwriting administration processes including risk recording and Performance Management Data (PMD) rate change information is in accordance with SUG's
  • Assist with Managing and maintaining aggregate exposure management/ Realistic Disaster Scenario (RDS's) within the agreed limits
  • Participate in committees as requested

    • Minimum Qualifications, Skills and Experience:

  • Enthusiastic, hardworking and driven individual with a focus on providing the best possible service
  • Can demonstrate ability to work in a busy office environment, prioritise and organise workload in order to meet deadlines
  • Able to learn and take on new tasks quickly and use own initiative to explore possibilities before raising queries
  • Demonstrates pride in delivering excellent, quality service and endeavours to exceed expectations
  • Attention to detail in producing high quality output and able to maintain this when under pressure
  • Excellent communication skills with confidence to ask questions to ensure job requirements and underwriting matters are understood
  • Commitment to identify opportunities to increase efficiency and quality of operational support evidenced through previous achievements
  • Proactive, showing initiative when completing tasks by pre-empting issues and proposing solutions for them
  • Confidence in building rapport and trust with a range of internal and external stakeholders
  • Flexible approach to work
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