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About the Role

AEGIS London is seeking a Delegated Property Underwriter to provide maternity cover for 16-18 months. The role requires full underwriting authority and experience in the Canadian and US Binder market, with a focus on renewing existing Canadian contracts and supporting Class Underwriters. The position may also involve supporting the US binder account. This role is suitable for an experienced Underwriter seeking a short-term position or an Assistant Underwriter aiming to expand their knowledge and experience. Candidates re-entering the market are also welcome.

Responsibilities

Assist in underwriting the NMPBRW (International Binders) account for Syndicate 1225, adhering to personal underwriting authorities and Syndicate procedures, referring risks as needed.
Contribute to achieving the business mix, planned premium income, and ULRs outlined in the syndicate business plan (SBF).
Propose new ideas and concepts to support risk selection and portfolio management.
Analyze and evaluate upcoming renewal contracts to recommend, benchmark, and price risks.
Prepare and present detailed Peer Review notes, including RMS modeling output, contract/rating changes, and Modelled Pre-Pricing analysis.
Lead or assist in renewal discussions with London Brokers and Coverholders.
Proactively monitor the existing portfolio, including quarterly rate movement analysis, CAT Load movements, and EPI monitoring.
Help maintain and service strong relationships with Insureds, distribution partners, and reinsurers.
Ensure timely and accurate recording of entries in internal systems for underwriting and aggregated line exposures.
Collaborate with the Claims division to manage problem risks, restructure proposals, and address workout areas.
Comply with all applicable internal and external laws, regulations, sanctions, policies, procedures, and guidance.

Requirements

Full underwriting authority.
Experience in the Canadian and US Binder market.
Solid understanding of contracts and wordings.
Knowledge of the delegated compliance process.
Ability to analyze Risk Level data in detail.
Experience in various product types.
Strong broker connections.
Long-standing dealings with key clients.
Working knowledge and underwriting experience of Canadian and US Delegated Property.
Detailed comprehension of policy wordings, coverages, premium rates, and risk factors.
Experience in managing and owning a book of Delegated business.
Proficient in the knowledge and use of standard underwriting systems, process, and procedure.

Skills

Analysis of Risk Level data.
Analysis of RMS modelling output.
Contract and wording analysis.
Delegated compliance process knowledge.
Risk analysis.
Proactive and entrepreneurial approach.
Strong technical knowledge.
Analytical skills.
Teamwork and individual work capability.
Excellent presentation skills.
Excellent communication skills.
Strong organizational skills.
Strong planning skills.
Ability to prioritize.
Time management skills.
Strong Excel knowledge.
Strong Power BI knowledge.
Strong understanding of RMS output.

Location

London

Work Type

Full time
Hybrid

Experience Level

Experienced Underwriter
Assistant Underwriter

Education Level

ACII qualified (preferred)

Benefits

Flexible working practices

About the Company

AEGIS London is a market-leading, high-performing team.
Fairness and respect: Decisions are made considering the best interests of key stakeholders. Actions are direct and straightforward, fostering a culture of fairness and respect through collaboration.
Open and inclusive: Integrity is upheld, valuing diversity of thought and background. Customer, stakeholder, and colleague needs are listened to, promoting information sharing and collaboration.
Ambitious: A passion for success drives the aspiration to be recognized as best in class. New opportunities are embraced, encouraging innovation to achieve goals.
Striving to be better: Continuous improvement is pursued by challenging complacency, being agile, and adapting to change to enhance the customer experience.
Investing in people's potential: An environment is provided for employees to reach their personal potential, encouraging personal accountability for performance and individual ownership for growth and success.

Equal Opportunity

AEGIS London is an equal opportunities employer and recognizes the value of a diverse workforce in facilitating better decision making and business growth.
A variety of differing views, perspectives, and insights are encouraged to create a collaborative working environment.
Diversity and Inclusion are fundamental to the business, and applications are encouraged from all backgrounds, recognizing the diversity of society and customers.
Reasonable adjustments can be made to ensure the application process is accessible.