Senior Property Underwriter

Job title:

Senior Property Underwriter

Company

Abrivia Recruitment

Job description

Job Title: Senior Property UnderwriterLocation: Dublin CitySenior Property Underwriter wanted for a new MGA-Dublin CityAbrivia Recruitment is partnering with a leading Managing General Agent (MGA) based in Dublin, Ireland. Our client specialises in providing innovative insurance solutions within the Business Insurance sector. Although new into the market our client already has a strong client base within Commercial Property.With a primary focus on Commercial Property and plans to expand into Combined Commercial, our client is committed to delivering exceptional service and tailored products to their clients. With strong market relationships and an A rated capacity, they are seeking a talented Senior Property Underwriter to join their team.This role is offered on a 2 day a week basis in the office and along with an excellent package it also includes shares within the businessYour Role:

• Property Underwriting Expertise: Assess and underwrite property risks, examining exposures, coverage limits, and pricing to achieve profitable outcomes while maintaining underwriting standards.
• Risk Evaluation: Review property insurance submissions, conduct detailed risk assessments, and make informed decisions in line with the Managing General Agent’s (MGA) underwriting guidelines and risk appetite.
• Business Line Flexibility: Adapt quickly between different property underwriting lines, ensuring agility in response to market trends and business demands.
• Portfolio Management: Manage a diverse portfolio of property accounts, monitor performance, identify trends, and implement strategies to maximise profitability.
• Relationship Management: Build and maintain strong relationships with brokers and agents, providing technical guidance and negotiating favourable terms.
• Market Awareness: Stay informed about property insurance market trends, competitor activities, and regulatory developments, offering insights to senior management for strategic planning.
• Underwriting Guideline Development: Participate in creating and refining underwriting guidelines and pricing methodologies to improve the effectiveness and efficiency of property underwriting.
• Regulatory Compliance: Ensure compliance with insurance regulations, policies, and procedures, keeping up to date with any changes in property insurance regulations.
• Mentorship and Training: Mentor and guide junior underwriters, providing insights and best practices to support their development in property underwriting.
• Data-Driven Decision-Making: Use underwriting data and analytics to identify areas for improvement, mitigate risks, and optimise the property portfolio.

Your Skills:

• Relevant Insurance Qualifications or an appetite to obtain qualifications if coming from outside Irish market
• Minimum of 5 years of experience in underwriting Property Insurance
• Demonstrated success in building and maintaining relationships within the broker market.
• Strong analytical abilities with a knack for evaluating complex risks and making sound underwriting decisions.
• Excellent communication and negotiation skills, with the ability to effectively convey underwriting strategies and solutions.
• Comfortable working in a fast-paced, entrepreneurial environment with a collaborative team ethos.
• Opportunities for ongoing professional development and career progression within a growing organisation.
• Inclusive and dynamic work environment with a strong emphasis on teamwork and innovation.

Should this position be of interest to you please forward your CV or alternatively call Tadhg at 01 9052560. Applications are in strict confidence.Job Information

Expected salary

Location

Dublin

Job date

Sat, 24 Aug 2024 23:36:22 GMT

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