Senior Underwriter - Ports & Terminals

INTL Senior Underwriter I - UW07VV

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.

This role will be based in London, UK and you are required to have the necessary right to work details prior to application.

Purpose of the Job

To underwrite and grow a profitable portfolio in line with business plan across International/Lloyd’s, London, and UK markets. Provide underwriting advice, structure appropriate coverage, and secure business at a competitive premium.

Reporting Relationships

• Reports directly to the Portfolio Manager.
• Works in close co-operation with colleagues.
• Partners with key stakeholders to achieve strategic vision.

Job Responsibilities & Competence

• Use authority granted in Underwriting Authority Statement to execute on the business plan
• Use technical expertise to enhance profitability of the account and add profitable new opportunities to the book.
• Assist in product development
• Develop and research business opportunities both through London Market brokers and Hartford International Offices.
• Keep abreast of development of claims within the book and liaise with the claims team as necessary
• Purchase facultative reinsurance within Hartford guidelines and authorities.
• Play an active role in management reporting of business plans & budgets
• Play an active role in the business planning process
• Contribute, as required, to the quarterly and annual reporting of underwriting results.
• Assist in defining and deploying the strategy
• Maintain & develop key stakeholder relations internally and externally
• Participate as required in various committees, including underwriting, delegated underwriting, operations and risk.
• Assist in further development of systems for the monitoring and reporting of aggregate exposures.
• Assist in the development and maintenance of technical pricing models.
• Play a role in the mentorship and education of other team members as required.
• Ensure compliance with Hartford best practice and policies and also Lloyd’s regulations at all times.
• Act in the capacity of a PRA/FCA Approved Person with responsibility for controlled functions and as such complying at all times with the PRA/FCA Statements of Principle for Approved Persons.
• Step up for the Portfolio Manager as required.

Procedures

• Ensures that all policies and procedures are adhered to.
• Adhere to any common standards set across the company and ensures that policies and procedures are adequately documented.
• Undertake continued Professional Development and comply with Hartford procedures.

Other Duties

• The job description is intended to describe the main duties only. Job holders are expected to maintain flexibility and perform all other reasonable duties that relate to the job as assigned by The Hartford.

Qualifications and Capabilities

• To possess an in-depth technical knowledge.
• London market experience.
• Reasonable standard of education.
• Ability to develop and sustain relationships with internal and external customers.
• Ability to prioritise and organise workload.
• Attention to detail.
• Team player with ability to work on a stand-alone basis.
• Flexible.
• Good communication skills.
• Experience of identifying and implementing better processes.

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