Underwriter Pi

General information

**City**:Zurich

**Country**:Switzerland

**Creation Date**:15-Jan-2025

**Employment Type**:Permanent

**Employment Type**:Full time

**Ref #**:1234571340
- Description & Requirements
- Job Title: Underwriter
- Division: PI
- Location: Zurich
- Type: Perm

Key Purpose of Role
- Underwrite business in accordance with the business plan and within delegated underwriting authority
- Key Responsibilities

Strategy and Planning
- Support the development of the annual business plan for the Underwriting division and ensure delivery of the plan in accordance with stated risk tolerances
- Ensure the team’s awareness of the business plan and its context so that they are able to take appropriate action and make informed decisions
- Contribute and participate in all meetings in order to share and develop strategy, knowledge and best practiceContribute new ideas and concepts to support the development and delivery of the business plan- Delivery
- Establish and strengthen relationships with brokers, industry bodies, business partners, reinsurers and colleagues, to maximise influence and achieve business objectives
- Demonstrate understanding and awareness of market dynamics and market cycles to drive and enhance business performance
- Continually develop expertise and technical knowledge through appropriate development initiatives
- Underwrite insurance risks in accordance with the business plan and personal authority to meet business objectives, including:

- Negotiating rates, terms and conditions for existing and new business
- Compliance with the production and issue of documentation in accordance with contract certainty requirements
- Contribute and influence in the review and analysis of the portfolio, to identify progress towards business objectivesEnsure entries are properly recorded onto relevant systems in a timely manner whilst ensuring accuracy of data with relation to both underwriting and aggregate exposures- Policy, Process and Procedures
- Compliance with all applicable internal and external laws, regulations, policies, procedures and guidance
- Adhere to underwriting standards, instructions and best practice methodology in order to minimise risk- Skills and Experience
- Extensive knowledge of relevant market conditions for specific class/portfolio
- Strong knowledge of legal and regulatory requirements
- Strong knowledge of Liberty (including Group) underwriting process and procedure
- Good knowledge of relevant Liberty underwriting systems
- Thorough understanding of class specific underwriting and reinsurance knowledge
- Intermediate/ advanced level understanding of relevant software including Excel and other departmental software packages
- Strong level of numeracy and literacy skills
- Strong interpersonal and communication skills
- Strong analytical skills
- Strong negotiation skills
- Strong organisational and prioritisation skills
- Ability to analyse and use data for decision making
- Strong attention to detail
- Significant experience gained within the insurance industry
- Use of risk profiling and pricing tools and loss modelsStrong established customer/broker relationships- About Liberty Specialty Markets (LSM)
- Liberty Specialty Markets is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.
- Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation. We bring this to life for our colleagues through:

- Offering a vibrant and inclusive environment and committing to their career development.
- Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee-led networks strengthen the diversity of our workforce and our inclusive environment.
- Reinforcing that collaborating together to share our unique perspectives help us make better decisions, deliver innovative solutions and pursue our ambitious goals.A supportive culture, which includes promoting a healthy work-life balance and working flexibly.- For more information, please follow the links below: