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
