Deputy Construction Underwriter

Start date: Immediately DOE London

Role Summary

Newly created due to growth within the Construction team, we are recruiting for a Deputy Construction Underwriter. You will be working on a portfolio of worldwide construction risks. This opportunity will offer a fantastic platform as Rokstone is one of the fastest-growing re-insurance MGAs.

Roles & Responsibilities

  • To underwrite Construction business within the appropriate guidelines and within allocated authority while conforming to best practices and focusing on efficiency in approach.

  • Maintain and develop Rokstone underwriting relationships to achieve the team's strategic and financial objectives.

  • Develop and maintain broker and client professional networks to support profitable business origination.

  • Raise, maintain, and enhance the profile of Rokstone Underwriting within the marketplace.

  • Build and develop a network of brokers to identify and originate new business opportunities across all lines of business offered to Rokstone.

Role Requirements

  • A minimum of 3- 4 years in the insurance industry.

  • Good experience and understanding of the CAR/Construction markets (This would be an ideal attribute but is not a prerequisite for the role).

  • Broking background looking to build a career as an Underwriter would be considered.

  • A sharp intellect and a strong willingness to learn and acquire the skills necessary to underwrite Construction products.

  • Good communication, negotiation, and interpersonal skills

  • Good organisational skills and attention to detail

Medium to Long-Term Objectives in the role

  • Appreciation of the structure of our capacity and the parameters of the respective binder Agreements

  • A strong instinct for detailed risk analysis

  • Comprehension of the key features of pricing

  • Developing overall market awareness and ability to develop strong relationships with brokers and producers.

  • Developing strong commercial skills in the negotiation of sometimes complex transactions with a focus on capacity deployment and achieving an optimum outcome – "deal-making"

  • Remaining alert to new business opportunities is essential for a class which lacks a base of renewable income.

  • Resilience in the face of pressure from brokers

  • Appreciation of the importance of manoeuvring the portfolio through shifting market cycles

Apply now

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