Underwriter and Reinsurance Officer

Job Details

Gibraltar Salary: Competitive Salary Plus Benefits
Sector: Accounting & Finance Type: Permanent
Start Date: ASAP Contact: Angelique Pearson

Underwriter and Reinsurance Officer | Salary £Excellent Market Rate Plus Benefits DOE | Insurance | Gibraltar

SRGEurope are recruiting for a commercially minded Underwriter with Reinsurance expertise ideally from the Motor or Home Insurance sector. You will have a proven successful record of accomplishment of delivering high-level results and projects to deadline. The Underwriting Officer will be responsible for the Underwriting function for our client and ensure proper oversight, governance and strategic direction is provided to the UW function. The Underwriting Officer will support the COO in management, monitoring and placement of the clients Motor and Household reinsurance programme.

The appointed Underwriter and Reinsurance Officer Duties and Responsibilities are:

  • Provide direction to outsourced providers on Underwriting and reinsurance topics
  • Ensure Underwriting functions are operating effectively and in-line with SLA requirements and authority's
  • Ensure effective governance and frameworks controls and risk monitoring is in place across UW function, including review, amendment and sign off of customer documentation drafted by outsourced suppliers
  • Ensure all rate plan changes and UW guideline adhere to the clients underwriting and pricing strategy
  • Chair monthly underwriting operational meeting
  • Provide constructive insight and intelligent challenge across Weekly and Monthly Underwriting and Pricing governance meetings
  • Lead Underwriting reinsurance requirements and presentations for the client for our Broker and reinsurer partners across both Motor and Household.
  • Monitor the clients Motor and Household reinsurance programme

The appointed Underwriter and Reinsurance Officer profile is as follows:

  • Cert CII or higher Insurance based qualification
  • Educated to degree level
  • Approx. 5+ Years Insurance and Motor and Household UW/Pricing Experience (The client will consider candidates with less experience as training could be provided)
  • Excellent understanding of the wider business and the role of Underwriting within this context
  • Strong knowledge of Insurance and Reinsurance market
  • Excellent underwriting product knowledge
  • Excellent understanding of underwriting principles
  • Strong numeric and analytical skills
  • Comfortable working with numerical/statistical data
  • Advanced skills in use of MS office applications such as Excel and PowerPoint
  • Ability to think strategically
  • Highly motivated/motivating and engaging to others
  • Excellent communication skills, written and verbal
  • Ability to influence decisions and the direction of the business leadership skills
  • Experience of working in a fast paced, dynamic working environment

Our client with a base in Gibraltar and the UK, is a specialist in the field of Motor and Household Insurance. The team of Directors are now seeking to put in place an experienced Underwriting structure into the business at the Gibraltar office. The successful Underwriting Officer will be a key placement to assist with their next phase of expansion.

Why Gibraltar?

Gibraltar is a British Overseas Territory on the edge of the Iberian Peninsula neighbouring Southern Spain. It boasts 300 days of sunshine per year, a relaxed out of work lifestyle and is easily accessible to the rest of Europe from Gibraltar and Malaga airports. The primary currency in Gibraltar is pounds/sterling and there are excellent English speaking schools if you are relocating with your family. We will help you with your relocation process about which you can read here:

To Apply

Apply now to find out more, the interview selection process is underway.

Key Words: Underwriting | Reinsurance | CII | Pricing | Gibraltar | Insurance