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PVT Underwriter

AT The Hartford
The Hartford

PVT Underwriter

London, United Kingdom

INTL Underwriter I - UW08YY

We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.

The Political Risks team is recruiting for a Political Violence Underwriter to join a profitable and growing business line. The role will have both personal and collective responsibility for helping support the expansion and profitability of this portfolio as the team is positioned for significant growth. The individual will benefit from exposure to a broad selection of risks and territories across lead and follow business whilst having the opportunity to develop in an environment that offers ever increasing opportunity for our employees across continents and in an environment where innovation, expertise and empowerment are fostered.

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The position involves the underwriting of business in line with Terrorism and Political Violence appetite as well as developing and maintaining relationships with London and International Brokers and clients.

Job Responsibilities & Competence

  • Underwrite new and renewal accounts to meet planned underwriting results, through proactive account review, analysis of underwriting trends and improvement plans to maintain profitability.
  • Negotiate account participation, pricing and terms and conditions with brokers.
  • Underwrite in line with Underwriting Authorities, Underwriting Guidelines, Rules and Principles.
  • Support development and execution of the PV&T underwriting and marketing strategies, delivering growth strategy to London based brokers.
  • Awareness and development of new products and geographic territories for expansion of the Political Risks book without losing focus on profitability.
  • Proactively support retention of existing business through both market and one-on-one meetings with our Insureds / potential Insureds.
  • Develop and maintain strong relationships with key Brokers & Insured's. This is to include both UK and potential overseas travel on behalf of the team.
  • Supporting other team members with training and developing Junior Underwriters to continually improve their technical and trading capability with an overall objective to development a market leading team.
  • To contribute, as required, to the periodic reporting of Underwriting results.
  • Ensure accurate policy documentation is issued and filing is maintained through a close working relationship with Operations and Aggregate Modelling teams.

Qualifications & Capabilities

  • Reasonable standard of education.
  • Willingness to broaden and develop knowledge of PVT, Credit and Political Risks and Aviation War, and related issues through formal and informal learning.
  • Ability to prioritise and organise workload and meeting deadlines and that of the team.
  • Ability to develop and sustain relationships with internal and external customers.
  • Sufficient knowledge, interest and understanding of Global Current Affairs (social, political, and economic).

Experience

  • Relevant years underwriting experience within the PV&T and/or Aviation War marketplace.
  • Sound understanding of the insurance market with detailed knowledge of political violence and/or aviation war insurance.
  • Strong process discipline. Establishes priorities, anticipates problems, determines completion dates, knows and communicates the status of assignments; manages time; uses the services of others effectively.
  • Team player with a strong collaborative orientation; ability to build strong relationships both internally and externally to the organization.
  • Strong level of technical underwriting expertise with regards to wording, regulatory environment and financial analysis

About Us | Culture & Employee Insights | Diversity, Equity and Inclusion

Client-provided location(s): London, UK
Job ID: hartford-R2417254
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Health Reimbursement Account
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • On-Site Gym
    • Mental Health Benefits
    • Virtual Fitness Classes
    • Fitness Subsidies
    • FSA
    • HSA
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • Adoption Leave
  • Work Flexibility

    • Hybrid Work Opportunities
    • Remote Work Opportunities
    • Flexible Work Hours
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • On-Site Cafeteria
    • Company Outings
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Volunteer Time Off
    • Personal/Sick Days
  • Financial and Retirement

    • 401(K) With Company Matching
    • Stock Purchase Program
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
    • Profit Sharing
  • Professional Development

    • Internship Program
    • Leadership Training Program
    • Associate or Rotational Training Program
    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Lunch and Learns
    • Learning and Development Stipend
  • Diversity and Inclusion

    • Employee Resource Groups (ERG)
    • Diversity, Equity, and Inclusion Program