Senior Marine & Energy Liability Underwriter

Job Details

permanent
London, London, United Kingdom
Limited
23.04.2024
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Full Job Description

The Hartford seeks an individual to underwrite and develop a profitable liability book working as part of a M&E liability team and wider Marine & Energy Division, whilst offering an outstanding service to our clients and key stakeholders.

Job Responsibilities & Competence

  • Use authority granted in Underwriting Authority Statement to execute on the International M&E Liability business plan and assist in producing future business plans.
  • Develop and research business opportunities both through London Market brokers and Hartford International Offices.
  • Use technical expertise to enhance profitability of renewals and add profitable new business opportunities to the book.
  • Keep abreast of development of claims within the Liability book and to liaise with the claims team as necessary to ensure appropriate settlement of these claims.
  • Purchase facultative reinsurance as necessary to protect the Liability account, but always within Hartford guidelines and authorities.
  • 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.
  • Help further develop and maintain technical pricing models.
  • Help report to management, on a monthly basis, of developments in the International M&E Liability account towards business plan and budget.
  • Contribute, as required, to the quarterly and annual reporting of underwriting results.
  • Participate as required in various committees, including underwriting, delegated underwriting, operations and risk & compliance.
  • Assume responsibilities of Head of M&E Liability as and when required.
  • Help to mentor and educate other team members as required.

Qualifications & Capabilities

  • To possess an in-depth knowledge of M&E Liability business.
  • 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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