Full description
US Property Binders Underwriter
London | Permanent
I'm working with a leading global reinsurer looking to appoint an experienced US Property Binders Underwriter to join its established team in London.
This is an opportunity to take ownership of underwriting and portfolio management across a US Property Binders portfolio, working with a range of MGA and delegated authority partners.
The successful individual will play an important role in managing existing relationships, monitoring portfolio performance and supporting the continued development of the business.
Key responsibilities
Underwrite US property business written through binding authority and delegated authority arrangements.
Manage and develop relationships with US MGAs, coverholders and broker partners.
Monitor portfolio performance, profitability, exposure and overall underwriting results.
Oversee catastrophe exposure, including the management of Nat Cat budgets and portfolio aggregates.
Conduct underwriting file reviews and assess the quality of risks written by delegated partners.
Monitor bordereaux, premium production, claims experience and portfolio performance.
Assess pricing adequacy, risk selection and adherence to underwriting guidelines.
Support the development and implementation of underwriting strategy.
Contribute to the identification of new business opportunities and the ongoing development of the portfolio.
Work closely with internal teams across underwriting, claims, finance and operations.
Experience required
Proven experience underwriting US Property Binders.
Strong understanding of the US property market, including MGA and surplus lines business.
Experience working within delegated authority and binding authority arrangements.
Knowledge of coverholder oversight, underwriting audits and file reviews.
Understanding of catastrophe exposure, Nat Cat budgets and portfolio aggregation.
Strong analytical skills, with the ability to assess portfolio performance and underwriting profitability.
Confidence managing relationships with external MGA and broker partners.
The opportunity
A permanent opportunity to join an established international reinsurance platform, with the chance to play a key role in the management and development of its US Property Binders portfolio.
If you have relevant US Property Binders experience and would be interested in hearing more, please get in touch directly or email .