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Property Facultative Underwriter

Job in Greater London, London, Greater London, W1B, England, UK
Listing for: Ocean International Reinsurance
Full Time position
Listed on 2026-02-13
Job specializations:
  • Insurance
    Underwriter, Insurance Analyst, Property Insurance, Insurance Sales
  • Finance & Banking
    Underwriter, Insurance Sales
Salary/Wage Range or Industry Benchmark: 80000 - 100000 GBP Yearly GBP 80000.00 100000.00 YEAR
Job Description & How to Apply Below
Location: Greater London

We are looking for a Property Facultative Underwriter to join our underwriting team and play a key role in expanding our Property and Facultative Engineering portfolio.

This is an exciting opportunity to join a fast-growing, entrepreneurial business with ambitious growth plans, operating in a dynamic and international market. The role offers direct exposure to underwriting strategy, portfolio development, and broker engagement, working alongside experienced professionals within the Lloyd’s and wider London Market.

What are we looking for?
  • A proactive and responsible underwriting professional with 5-7 years’ experience in Property Facultative business.
  • Strong interpersonal skills, with the ability to develop and maintain effective relationships across diverse cultures and international markets.
  • Highly analytical, with strong numerical aptitude and confidence in reviewing underwriting data, submissions, and technical documentation.
  • Proven ability to work effectively within a team environment while also managing workload independently, maintaining organisation, meeting deadlines, and performing under pressure.
  • Proficiency in an additional language will be considered an advantage.
  • Established relationships with London Market reinsurance brokers or other international markets will be viewed favourably.
  • Strong working knowledge of Microsoft Office applications, including Excel, Word, and PowerPoint.
  • Ability to operate in a global business environment, demonstrating flexibility and responsiveness to international demands.
Essential qualifications, skills and experience
  • ACII or equivalent qualification (or working towards it) preferred.
  • Strong analytical and technical underwriting skills, with experience in pricing models and exposure analysis.
  • Ability to manage broker relationships
  • Experience working within Lloyd’s or the London Market is advantageous.
  • High attention to detail and a proactive approach to problem‑solving.
Our promise to you:
  • Competitive salary with performance‑based incentives.
  • Opportunities for career growth and professional development.
  • Exposure to international markets and global clients.
  • A collaborative and dynamic work environment alongside industry experts.
  • Private medical insurance.
  • Group life insurance.
  • 30 days of annual leave plus bank holidays.
  • Hybrid working environment
  • In addition to the benefits listed above, we offer a comprehensive benefits package designed to support your well‑being.
Who We Are

Oceanre is a leading reinsurance provider, specializing in life, health, property & casualty, personal accident, cargo, surety, and motor insurance solutions. We partner with global insurers, brokers, and corporate clients to deliver innovative and optimal risk transfer programs. Our commitment to discipline, transparency, and consistency in underwriting and claims handling makes us a trusted name in the industry.

Our Culture

At Oceanre, we honour the promises we make to our regional clients by supporting the creation of new capabilities to address their evolving needs. We empower our team to take initiative, think strategically, and drive impactful solutions. Our diverse and inclusive work environment fosters continuous learning and relationship‑building, while our financial strength and solvency allow us to expand and aim for more.

Are you ready to shape the future of reinsurance? Be bold
.

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