Senior Associate, Casualty / FINPRO Underwriting

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Full time
Location: London
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Job offered by: Lloyd’s Brussels
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Category: IT & Technology
Senior Associate, Casualty / FINPRO Underwriting

Senior Associate, Casualty / FINPRO Underwriting Apply locations: Lloyd's UK: London

Time type: Full time

Posted on: Posted 2 Days Ago

End Date: January 21, 2025 (11 days left to apply)

Job requisition id: R4042

Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk-sharing expertise of the market’s brightest minds, working together for a braver world.

Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.

Newly created position supporting the Head of Casualty and Head of FINPRO to influence and challenge the performance of Underwriting in the Casualty classes across the Lloyd’s market.

You will get the opportunity to:

Support the Heads of Underwriting (Casualty & FINPRO) in development of underwriting policy for the individual product line(s).

Analyse internal and external data relevant to these classes to draw out pertinent insights and market trends.

Assist in assessment of performance issues and identification of proportionate actions to address the risks and issues presented.

Contribute to a strong underwriting oversight environment by providing independent challenge and oversight of the Underwriting Profitability Principle (within the Lloyd’s Principles for Doing Business framework).

Work with the Market Development and Underwriting Solutions teams (as well as other Lloyd’s functions) to support the identification of opportunity and mitigation of risks associated with the relevant product line(s), taking into account the risk appetites of the organisation.

Support the long-term sustainable performance of Casualty classes, providing clear and consistent insight and information by identifying market dynamics in a concise and compelling way in order to make clear recommendations for ongoing performance.

Actively seek to share knowledge and raise underwriting standards for Casualty risks by ensuring that adequate and appropriate market insight is sought from, and provided to, internal and external stakeholders.

The uniqueness of this role is the market-wide visibility and network you would build and the exposure and understanding of syndicate business plans. Under the guidance of the team, you will develop the knowledge around P&L drivers of Casualty underwriting performance and the decisions which lead to creating a profitable and sustainable class of business. Preference will be given to candidates that can demonstrate knowledge and/or experience in the Casualty market.

Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development.

We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc).

By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.

Should you require any additional support with your application, or any adjustments, please click the following link:

Application Support Link

Please note, clicking on this link does not register your application for the vacancy.

About Us Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in and in which everyone is treated with dignity and respect.

We will invest in attracting the best talent to Lloyd’s, making sure recruitment is targeted at bringing in the skills we need to evolve.

We will develop a talent pipeline that provides us with the key capabilities we will need for the future. To also create a culture in which every employee fulfils their full potential, ensuring that leaders role-model the behaviours we expect in ourselves and others.

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