Senior Underwriter Financial Lines
Join a dynamic team as a Senior Underwriter Financial Lines, and take your career to the next level! In this key role, you'll spearhead strategic planning and foster vital relationships with brokers and industry partners. Leverage your expertise in underwriting to navigate market dynamics and drive exceptional business performance. Your leadership will guide and inspire your team, as you champion compliance and best practices. If you have a strong background in the insurance sector and a passion for risk management, apply now to make a significant impact and enjoy a competitive salary package with excellent benefits!
Description
Strategy and Planning- Support the development of the annual business plan for the Underwriting division and ensure delivery of the plan in accordance with stated risk tolerances;
- Ensure the team’s awareness of the business plan and its context so that they are able to take appropriate action and make informed decisions;
- Contribute and participate in all meetings in order to share and develop strategy, knowledge and best practice;
- Contribute new ideas and concepts to support the development and delivery of the business plan;
- Establish and strengthen relationships with brokers, industry bodies, business partners, reinsurers and colleagues, to maximise influence and achieve business objectives;
- Demonstrate understanding and awareness of market dynamics and market cycles to drive and enhance business performance;
- Continually develop expertise and technical knowledge through appropriate development initiatives;
- Underwrite insurance risks in accordance with the business plan and personal authority to meet business objectives;
- Contribute and influence in the review and analysis of the portfolio, to identify progress towards business objectives;
- Ensure entries are properly recorded onto relevant systems in a timely manner whilst ensuring accuracy of data with relation to both underwriting and aggregate exposures;
- Compliance with all applicable internal and external laws, regulations, policies, procedures and guidance;
- Adhere to underwriting standards, instructions and best practice methodology in order to minimise risk;
- Apply any reinsurance requirements in accordance with stated risk tolerances and to deliver against business plan;
- Manage resources across the team to ensure business requirements are achieved;
- Motivate and develop the team by demonstrating good leadership behaviours and management best practice;
- Manage performance in accordance with the company’s performance process.
Your profile
- Extensive knowledge of relevant market conditions for specific class/portfolio;
- Strong knowledge of legal and regulatory requirements;
- Strong knowledge of Liberty (including Group) underwriting process and procedure;
- Good knowledge of relevant Liberty underwriting systems;
- Thorough understanding of class specific underwriting and reinsurance knowledge;
- Intermediate/ advanced level understanding of relevant software including Excel and other departmental software packages;
- Strong level of numeracy and literacy skills;
- Strong interpersonal and communication skills;
- Strong analytical skills;
- Strong negotiation skills;
- Strong organisational and prioritisation skills;
- Ability to analyse and use data for decision making;
- Strong attention to detail;
- People management – ability to engage and lead a team;
- Degree or equivalent qualification desired – e.g. ACII;
- Significant experience gained within the insurance industry;
- Use of risk profiling and pricing tools and loss models;
- Strong established customer/broker relationships.
Offer
- Monthly salary indication: unknown
- A competitive salary package that aligns with the market standard for experienced underwriting professionals in Belgium, based on recent salary insights within the insurance sector;
- Total compensation typically includes a fixed component supplemented by variable elements tied to individual performance and company results;
- The offer reflects the specialized nature of Financial Lines, emphasizing expertise, level of responsibility, and risk management;
- The final terms will consider factors such as your experience, level of knowledge, complexity of the role, and the specific activities within the field;
- Additional benefits may be available depending on internal policies and the overall compensation strategy of the organization.