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Life/Health Underwriter

Shape Your Future With Us

General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. It owns General Reinsurance Corporation and General Reinsurance AG, which conduct business as Gen Re.

Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of more than 40 offices, we have earned superior financial strength ratings from each of the major rating agencies.

General Reinsurance, London Branch (a subsidiary of General Reinsurance AG) is offering an opportunity for a Life/Health Underwriter in our London Life/Health Insurance Department.

Main purpose of job

As a key member of the underwriting team, the successful candidate will be expected to administer, implement and promote all aspects of Gen Re underwriting philosophy and practice and to ensure that high levels of service are met and maintained.

Although the role predominantly concentrates on the day to day technical underwriting, additional work is often rotated amongst the team. The successful candidate can therefore also expect to gain a valuable insight into other areas of the business.

Context of role

Gen Re has been writing business in the UK and Ireland since 1983 and provides reinsurance solutions for mortality business, critical illness, income protection, annuities and long-term care. As experts in risk management, we work closely with our clients to develop tailored solutions to meet their business goals by:

  • increasing sales
  • improving profitability
  • increasing efficiency
  • ensuring appropriate risk management protocols exist
  • training and development
  • bringing new ideas and products to the table

Key responsibilities

Technical underwriting of life and health business

This will include:

  • Understanding and applying Gen Re underwriting philosophy, rules and guidelines
  • Working within agreed authority limits
  • Providing technical underwriting advice to Gen Re clients on a daily basis
  • Proficiency in understanding client contracts and policy terms and conditions
  • Ensuring clear, concise and accurate documentation (internal and external)
  • Liaising with Gen Re Consulting Medical Officers
  • Developing and maintaining strong client relationships

Supporting the wider Gen Re team

This will include:

  • Participating in Gen Re medical underwriting training
  • Participating in Gen Re audit program
  • Liaising actively with other Gen Re business segments
  • Liaising actively with the International Research and Development team by undertaking focused research
  • Attending industry seminars, training and events

Teamwork and Leadership

This will include:

  • Ensure teamwork within client teams, branch and within any other cross branch, cross segment, or project team
  • Participate in and contribute to training initiatives
  • Continuously improve own skills
  • Accept responsibility and accountability
  • Demonstrate a positive attitude and strong value system (e.g. integrity, trustworthiness, respectful)
  • Demonstrate a strong work ethic and a sense of urgency

Additional Information

This role would suit a life and health underwriter who has a desire to broaden their technical underwriting skills. It is essential that the candidate demonstrates the ability to work well in a close knit environment and enjoy working in collaborative teams. With excellent communication and interpersonal skills, the candidate will thrive in the challenging, professional and dynamic environment and play an important part in developing efficient and profitable underwriting philosophy within the business. The role is based in London so candidates must be able to commute into the City and be prepared to travel and work flexible hours where required.

Your Profile

Attainments
  • CII Underwriting Diploma (preferable)
  • Confidence with Word and Excel are essential for the role
  • Life, Critical Illness, and Income Protection underwriting authorities

Aptitude
  • Organised and able to prioritise workload
  • Good attention to detail and strong analytical skills
  • Ability to work with minimum supervision
  • Uses initiative where appropriate
  • Proactive approach to work

Disposition
  • Have an interest in a wide-ranging role
  • Ability to remain calm under pressure and work to deadlines
  • Flexible and positive attitude
  • Friendly, approachable and professional
  • Demonstrate a strong work ethic
  • Ability to deal with people at all levels

Does this sound exciting?

Please submit your CV together with details of your salary expectations and in your cover letter please let us know what interests you about the role and why you think you would be right for the position. Submissions should be sent to Human Resources: careerslondon@genre.com, please put “LH Underwriter” in the title of the email.

Closing date: 11 June 2021

Please note only successful applicants will be contacted.

Contact

Human Resources
careerslondon@genre.com

Our Address

Corn Exchange
55 Mark Lane
London, EC3R 7NE (UK)

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