Senior Underwriter - Avencia Consulting : Job Details

About us

Avencia Consulting are recruiting on behalf of a leading Specialty Reinsurer who are looking to hire a Senior Underwriter to join their Dublin office. This role will be based fully on site.

Across product lines and geographies, we focus on three diversified pillars: reinsurance, specialty and bespoke solutions. We are truly diversified. Our long-standing partnerships with capital providers and quota share partners make us nimble. Our breadth of expertise and capabilities deliver outstanding market returns.

The role

Reporting to the Deputy CUO, the primary purpose of the role is to assist in underwriting a portfolio of Specialty & Bespoke business. Experience in some London market Specialist lines including but not limited to Marine, Aviation, Property D&F and Delegated Underwriting is desirable.

Key accountabilities

• Support the pre-underwriting process focusing on review of historical performance, policy wordings, and pricing adequacy based upon predefined underwriting rules and/or guidelines.
• Liaise with the placing broker throughout the underwriting cycle and policy period to ensure receipt of all necessary documents and manage any credit control issues.
• Participate in the underwriting process including a daily underwriting call, assisting in the evaluation of submissions, analysing and interpreting exposures, determining coverage and contract language as well as evaluating and prioritising preparations.
• Assist and work with actuarial, risk modelling and pricing tools.
• Attend & travel to underwriting business meetings as required.
• Leverage, build and maintain brokers relationships.
• Provide assistance to prepare and issue quotes, binders and policies on an accurate and timely basis.
• Expand existing portfolio of business by developing existing relationships and new prospective clients through visits, entertainment and conferences as appropriate.
• Monitor market developments and keep up to date regarding knowledge of the wider insurance market and global economy.
• Accountable for accuracy and completeness of data entry.

Skills & experience

• Bachelor's Degree or equivalent and progress towards ACII or other relevant commercial insurance industry designations.
• Minimum of 5 years' (re)insurance industry experience in either a broking or underwriting role.
• Previous London Insurance Market experience highly desirable.
• Good knowledge of commercial insurance and regulatory requirements.
• Excellent organisational and analytical skills with an ability to prioritise and effectively manage workload while maintaining a high level of accuracy and professionalism.
• Team player with the ability to work flexibly to meet business needs as required.
• Excellent written and oral communication skills with High proficiency in the Microsoft Office Suite.
• Strong interpersonal skills in order to work effectively and professionally with diverse groups.
• Must be able to self-lead effectively and work effectively both independently and in team environment.