Assistant Underwriter - Construction

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Job Description - Assistant Underwriter - Construction

About us

The Fidelis Partnership is a leading specialty, bespoke and (re)insurance business. We have built our name on a 40-year track record of outperformance, and we continue to beat the market in our underwriting and returns. More information on The Fidelis Partnership can be found at www.fidelispartnership.com/

The Company currently writes lines of business including; specialty insurance: aviation & aerospace, energy, marine, property, terror & political violence, contingency and other specialty lines; reinsurance: property reinsurance, property retrocession, specialty reinsurance, whole account/multi-class and bespoke.

Role Overview

The primary purpose of the role is to provide underwriting support to the Construction Underwriting team within the wider D&F property team.

Key Accountabilities

Assist with day to day underwriting duties including;
Reviewing and underwriting new opportunities focusing on review of historical performance, policy wordings, and pricing adequacy based upon predefined underwriting rules and/or guidelines
Liaise with the placing broker throughout the underwriting cycle and policy period to ensure receipt of all necessary documents and manage any credit control issues
Attending regular broker meetings to generate new leads and build relationships with key broking partners
Representing The Fidelis Partnership at market events
Working collaboratively with other members of the construction team and assist in team admin duties
Assist with Account Receivable collections when required
Accountable for accuracy and completeness of data entry
Liaise with Underwriters to confirm policy issuance instructions for policies, endorsements, forms, notices, certificates, etc.
Ensure ESG standards of the team. Working collaboratively with Underwriters and Head of Sustainability

Skills & Experience

Experience within underwriting or pricing either in construction or another line relevant of business
Progress towards ACII or other relevant commercial insurance industry designations
knowledge of commercial insurance and regulatory requirements
Desire to develop knowledge on risk identification and management within the global construction sector
competency in MS Office applications: Word, Outlook, Excel and Adobe Standard required
Excellent written and oral communication skills when dealing with key stake holders internally and externally.
Strong interpersonal skills in order to work effectively and professionally with diverse groups
Proven prioritisation and time management skills and ability to triage workload essential within a deadline intensive working environment.
High level of numeric competency combined with ability to perform detail-oriented qualitative review are required in order to adequately digest risk submissions.
Must be able to self-lead effectively and work effectively both independently and with teams.
Demonstrated ability to deliver and manage accurate thoughtful detail-oriented work within tight deadlines and/or while working extended work days

The Fidelis Partnership Ethos

Our culture is defined by our ethos. It is the foundation of who we are and the core of everything we do.

Results – We want to be the best at the things we care about, so we focus on profitability over volume, with responsive decision-making and clear prioritised accountability.
Innovate – We aspire to lead the market in providing the services and products our clients need, and to drive change in the broader impact our industry has on human rights, society, and environmental sustainability.
Include – We create an environment where employees can bring their whole self to work, with open communication where everyone, irrespective of gender, ethnicity, sexual orientation or background, feels able to contribute ideas and be recognised and rewarded for their contribution
Unite – We operate as team of individual talents that actively seeks to reflect the diversity of the societies in which we operate, giving our business the widest range of inputs and perspectives.
Respond – We work in a business exposed to sudden shocks and changes – elemental, political, economic and human – so we remain nimble and ready for change.

Diversity, Equality & Inclusion

Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We want to create an environment where all employees, regardless of who they are, are given equal opportunities for career progression and enjoy fair reward from their and The Fidelis Partnership successes. This will be driven by a workforce that embraces Diversity and Inclusion at every level, in every department across The Fidelis Partnership.
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