Partnerships Underwriter

The Underwriter will underwrite risk within the Partnerships division, ensuring effective risk selection, governance and resources are in place to develop the strategy, implement the business plan, monitor performance and meet regulatory requirements.

Responsibilities

Reviewing opportunities/submissions including applications, policy wording, inspection reports, loss runs and financial reports while conducting appropriate research to determine degree of risk for each account/partnership agreement; Calculating appropriate risk premium by utilising pricing tools for the specific line of business with additional consideration for reinsurance and other costs while ensuring profitability; Processing entries, as required, properly onto relevant systems in a timely manner ensuring accuracy of data with relation to both underwriting and exposures; Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy

Requirements

An understanding of underwriting and insurance knowledge; An understanding of relevant software including Excel, data/MI tools and catastrophe models; Excellent analytical and technical skills

Nice to have

experience of writing Property, Casualty or delegated business