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Senior Underwriter

Job in City Of London, Central London, Greater London, England, UK
Listing for: Faraday
Full Time position
Listed on 2026-01-04
Job specializations:
  • Insurance
    Underwriter, Insurance Analyst
  • Finance & Banking
    Underwriter
Job Description & How to Apply Below
Location: City Of London

Shape Your Future with Us

General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. Its direct reinsurance companies conduct business as Gen Re.

Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of more than 40 offices, supported by over 2,000 employees worldwide, we have earned superior financial strength ratings from each of the major rating agencies.

We have a fantastic opportunity for a Property Facultative Underwriter/Senior Underwriter to join our motivated, welcoming and fun team in our London office
.

Context of the Role

The role offers the opportunity to work within a highly experienced team with a large portfolio of clients. You will be empowered to make underwriting decisions with considerable underwriting authority and corresponding responsibility and accountability.

What We’re Looking For

We are looking for an energetic, forward-thinking team player with experience in property insurance/reinsurance underwriting. You will enjoy working in collaborative teams, have strong verbal and written communication and interpersonal skills, and will thrive in the environment of client interaction.

  • Critical thinking to make informed underwriting decisions
  • Organisation with strong attention to detail
  • Ability to extract, analyse, and manipulate data effectively
  • A high degree of energy and tenacity
  • A mindset of continuous learning and improvement
Responsibilities Underwriting
  • Contribute to the department goal of growing a profitable portfolio of property excess of loss business
  • Underwrite and price individual risk and programme facultative reinsurance, with adherence to departmental underwriting philosophy, rules and guidelines, use of rating tools and pricing methodologies and documentation standards
  • Understand market pricing and market terms and conditions
  • Demonstrate a deep knowledge of:
    Contracts and policy forms, Pricing structures, Terms and conditions and Topical underwriting issues
  • Directly communicate/negotiate terms and conditions with clients
Client Account Management
  • Develop and maintain relationships with clients at the underwriting and management level
  • Understand treaty structures and facultative reinsurance buying patterns
  • Provide reinsurance solutions meeting clients’ needs whilst not compromising technical pricing or exceeding capacity guidelines
  • Assume responsibility for assigned client relationships, including development and implementation of marketing plans
  • Actively seek new business opportunities within existing relationships and within the wider insurance market
  • Demonstrate awareness of broader industry issues and trends
Teamwork
  • As appropriate, seek out/provide a quality second head on facultative risk transactions
  • Ensure teamwork within client, branch, cross-branch, cross-unit or project teams by contributing to a positive, supportive and disciplined environment
  • Participating in and contributing to training and coaching initiatives
  • Demonstrating a positive attitude and strong value system (e.g. integrity, trustworthiness, respectful)
  • Demonstrating a strong work ethic and a sense of urgency
Running the Business

Participating in branch planning in support of department goals, utilising diagnostic reports to provide insights to colleagues, and maintaining effective information sharing with property facultative colleagues and other corporate departments. Adhering to established processing protocols, contributing to continuous improvement of departmental processes, and coordinating, participating in and leading various special projects for the branch.

What the Role Can Offer You
  • Collaboration across our global network
  • Empowerment to make decisions
  • Considerable underwriting authority
  • Excellent variety in your role
  • Opportunity to develop specialist expertise in a line of business.
  • Shape and develop your network within the market.
Closing Date

27 January 2026

Our Address

General Reinsurance, London Branch
Corn Exchange
55 Mark Lane
London, EC3R 7NE
(UK)

It is the continuing policy of the Gen Re Group to afford Equal Opportunity to qualified individuals without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or citizenship, sexual orientation, gender identity, or any characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.

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Position Requirements
10+ Years work experience
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