Delegated Authority Underwriter - International General Liability

Delegated Authority Underwriter - International General Liability

To underwrite and manage a profitable International General Liability book.

Main duties include supporting the Head of Intl GL in writing a profitable book focused on Delegated Authority business, taking responsibility for part of the International General Liability class of business with monitoring and oversight, supporting the production of a business plan for review, input into monthly and quarterly forecasting, underwrite in accordance with underwriting authority and the business plan, seeking new business opportunities, reviewing new and renewal risks, slip analyses, rating/benchmark analyses, and undertaking premium monitoring.

• Support the Head of Intl GL in writing a profitable International General Liability book focused on Delegated Authority business
• Take responsibility for part of the International General Liability class of business including monitoring and oversight of Delegated Authority business
• Support the production of a business plan for review and agreement by Divisional Head
• Input into the monthly and quarterly forecasting process for the International General Liability class
• Underwrite in accordance with underwriting authority and the business plan
• Seek out new business opportunities through liaison with brokers and clients
• Review new and renewal risks including slip analyses, perform rating/benchmark analyses and undertake premium monitoring
• liaise with brokers and develop good working relationships with broking and support teams
• Liaise with other business areas within Chaucer as required, including credit control, claims, internal risk review, actuarial etc.
• Use market, industry and other sources to enhance awareness of technical factors and developments relevant to portfolio underwriting and the Int GL market in general
• Peer Review of Delegated Authority business as allocated under the peer review selection criteria and responsibility matrix as set out in the Underwriting Manual
• Responsibility for the accuracy and upkeep of written premium data on Charisma and other systems for all risks written within the area of responsibility
• Work closely with the Delegated Authority Centre of Excellence as a focal point for Delegated Authority business
• Prepare reports and statistical information as required by senior management
• Assist in the continuous assessment of rating and benchmarking models
• Travel to visit existing and potential clients as required
• Ensure compliance with and maintenance of Group systems
• Compliance with Lloyd’s and CIC regulations and byelaws
• Regulatory responsibilities
• Manage relationships with Customers, Agents and Service Providers: ensure principles of Treating Customers Fairly are upheld by Agents and Service Providers, and brokers, cedants and coverholders are vetted and approved by Compliance and TOBAs before engaging or writing business

Delegated Authority Underwriting background, minimum of 5 years working within the Lloyds insurance environment, and desirable relevant experience in Casualty International Liability Insurance or related classes with knowledge of the London and Lloyd’s markets.

• Essential MS Office – including Excel & Word
• Relevant insurance platform experience – PPL & Whitespace
• Comfortable with in-house underwriting management systems
• Detailed understanding of fundamental insurance/reinsurance concepts, MRC slip standards, contract certainty requirements, market standard model clauses (NMA, LMA, LSW model endorsements & exclusions) and class‑specific terms and conditions

Desirable ACII qualified or working towards achieving associateship.

• Professional outlook – flexible at all times
• Very…