Property Underwriter, US Direct & Facultative
Convex Insurance provides Property Insurance on a direct and facultative basis in North America. This covers both physical damage and any ensuing Business Interruption. Our clients vary in size, but many feature on the Fortune 500 and we insure a wide range of business occupations. We endeavor to build strong, long term business relationships with our chosen clients based on significant capacity deployment, stability, transparency and flexibility as well our market leading claims service.
Convex takes a data and technology-led approach to underwriting, enabling you to spend most of your time interacting with brokers, clients and other stakeholders. We have built efficient workflows and a culture that allow for rapid decision taking.
Key Responsibilities
- Responsible for underwriting US Open Market (D&F) Property business in accordance with delegated authority levels.
- Ability to set terms and lead business in close conjunction with our market leading claims and legal functions.
- Assist with the development of Convex’s Property portfolio and its future strategy in conjunction with the wider Property team and Head of business line.
- Manage relationships with internal stakeholders and external stakeholders including clients and brokers.
- Work within both your established network and build new networks to produce new business and create and maintain positive relationships with internal and external stakeholders.
- Maintain and report market intelligence on sector developments and new opportunities.
- Work collaboratively across functions to ensure achievement of shared goals.
- Ensure clarity for the team around priorities and goals and to embed a continuously improving mindset in performance approach and ensure adherence within the team to the legal and regulatory framework.
Skills Knowledge and Expertise
- Experienced in a London market underwriting role, ideally with underwriting authority in US Property or associated classes.
- Equivalent experience as a London Market broker / Assistant Underwriter or Pricing Actuary within US Direct & Facultative would be considered.
- Professional qualifications are an advantage, such as ACII, or FIA, depending on your background.
- Robust numerical and analytical skills, with a data led mindset.
- Good work ethic and collaborative approach to delivering on business objectives.
- Team player, self-starter and curious; you endeavour being part of a cohesive, motivated and talented team and enjoy being involved in a wide variety of initiatives.
- Proven ability to nurture relationships with brokers across the class of business. You’ll be able to meet existing and potential clients both in London and abroad via business travel.
- Motivated and able to represent Convex at international events and conferences with attributes that align with Convex’s key principles.
- Ability to work autonomously and make decisions with sound rationale.
- Maintain a flexible and adaptable approach with a positive attitude to solving problems.
- Comfortable with the latest technology, and curious to learn others, with the ability to explain complex rationale to clients and brokers in a clear and simple way.
Benefits
- Competitive Salary
- 30 days Annual Leave
- Birthday Leave
- 10% Employer Pension Contribution
- Private Health Insurance Medical Cover
- Group Income Protection
- Life Assurance Cover
- Enhanced Parental Leave
- Annual Health Check
- 3 days of Volunteer Leave each year
- 10 days of help with care (elder/ childcare) through Bright Horizons
- £1,300 to spend on learning & wellbeing
- Give as You Earn
- Cycle to Work
- Season Ticket Loan
About Convex Insurance
In 2019, Stephen Catlin and Paul Brand co-founded Convex with $1.7bn of initial committed capital to underwrite insurance and reinsurance for complex specialty risks. The company has since received an A.M. Best rating of A (Excellent) and regulatory approval to operate in London, Bermuda, Luxembourg and United States.
We have also welcomed leaders in their fields from across the insurance industry, bringing a diversity of thought and approach.
We live our values in every facet of our business:
Earn our reputation
Everything we do affects how others see us. Our success depends upon our reputation, for which all of us share responsibility.
Straightforward and fair
We tell it like it is, with fairness, dignity and respect. We strive to do the right thing always, however hard it seems.
We tell it like it is, with fairness, dignity and respect. We strive to do the right thing always, however hard it seems.
Determined to improve
However good we are, we are not complacent. We know we can always be better and we never stop trying to improve.
However good we are, we are not complacent. We know we can always be better and we never stop trying to improve.
Inspired by opportunity
We come to the market and to every client engagement without baggage. There is no limit to what we can achieve together.
We come to the market and to every client engagement without baggage. There is no limit to what we can achieve together.
Enjoy being different
We feel positive about change and we are not afraid to try new things in our quest for a better way for clients, stakeholders and colleagues to do business.
We feel positive about change and we are not afraid to try new things in our quest for a better way for clients, stakeholders and colleagues to do business.
Our Hiring Process
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