Who we are:
Apollo is a specialised independent (re)insurer, established in 2009, to deliver top-tier products and services to clients, brokers, and capital partners at Lloyd’s. The name "Apollo" was inspired by the achievements of one of its founding investors, Neil Armstrong, the first person to walk on the moon in 1969. Together with Jim Hays, Neil identified an opportunity to create a unique service provider within Lloyd’s.
Since its inception as Apollo Syndicate 1969, the company has expanded its range of insurance solutions, offering everything from traditional and specialty lines to innovative sharing economy products and managing agency services at Lloyd’s. Today, Apollo continues to grow with a team of over 250 professionals dedicated to fulfilling the company’s mission of supporting a resilient and sustainable future.
“We attract and retain a diverse range of talent by fostering an inclusive, equitable team environment where individuals from all backgrounds have opportunities to grow, succeed, and contribute. We empower our teams to achieve excellence and drive forward-thinking solutions, aiming to enable a resilient and sustainable world.” - David Ibeson, Group CEO
Your Role:
This newly created role will be responsible for managing the Cargo class portfolio to meet the requirements of the business plans and strategic targets for premium income, profitability and return on capital as set out by the Board.
What you’ll do:
- To underwrite your class of business in accordance with the Syndicate Business Plan and within the terms of the issued underwriting authority for the relevant year of account.
- Produce and evaluate new business opportunities for the class of business
- Manage, where relevant, catastrophe and non-catastrophe related exposures within pre-set SBF and SCR limitations
- Production and maintenance of class underwriting guidelines and procedures
- Production and maintenance of pricing models
- To implement Apollo’s Conduct policies and procedures, and to ensure that customers are treated fairly at all times
- To provide reports and management information to the Underwriting Committee, and the Board, as required.
- In conjunction with the Syndicate Actuary, assist in the establishment of reserves for your business.
- To ensure that the Director of Underwriting is immediately notified of any underwriting dispute, misconduct or any other matter of which he would reasonably expect to be advised.
- To ensure that complete and accurate underwriting records are maintained.
- To promote a culture where clients’ needs are placed at the heart of underwriting decision-making and business is conducted in a manner that meets Apollo’s internal standards and regulatory guidelines
- To represent Apollo externally in a manner that enhances market reputation and profile
- Disclose appropriately any information of which Lloyd’s, the FCA or the PRA would reasonably expect notice
- When exercising your responsibilities, you must pay due regard to the interests of current and potential future policyholders in ensuring the provision by the firm of an appropriate degree of protection for their insured benefits
- Accountable for oversight reporting and remedial activities associated with risk / control ownership.
- Act in accordance with the requirements and responsibilities of a risk / control owner as documented in the Risk Management Policy.
What we are looking for:
At the centre this role is a high calibre ‘thinking’ underwriter. In keeping with the style of the team and portfolio to date a thoughtful, diligent, considered individual would make a good fit for this position.
What you will get in return:
As well as your salary, this role offers a discretionary bonus plus a broad range of benefits, including Non-Contributory Pension, Private Medical & Travel Insurance.
Our Commitment to Inclusion:
Apollo is a growing and diverse team of empowered and passionate experts who focus on bringing innovation, data driven decision making and collaboration to every relationship and every risk. To meet the needs of a demanding global insurance market, we need a diverse workforce that truly understands the international communities we serve.
That is why we're focused on developing diverse talent at every level; inclusion and diversity means more to us than just chasing a target and we are committed to supporting and celebrating difference. Our people are at the heart of our business which is why we value the diversity of thought and talent of every member of our team.
We offer a range of support and run a programme of events and training that recognise the challenges and opportunities relating to diversity.
Hybrid & flexible working:
At Apollo, hybrid and flexible working is fully embraced and we do not see the benefit of presenteeism. We understand that no two colleagues are alike, and as such we support the ability to remain agile and achieve a home and work balance to best suit business and personal commitments.
Supporting your application
We want everyone to have equal access to our recruitment and selection processes so please take a few moments to complete a Clear Talents Candidate profile to identify any support or adjustments you may require during the recruitment process.
Thank you!
To find out more about our values, ESG strategy and commitment to inclusion please click on the 'Life at Apollo Pack’ link at the bottom of our careers page https://apollounderwriting.com/careers/
Apollo (apollounderwriting.com) London, England Office
One Bishopsgate, London, London, United Kingdom, EC2N 3AQ
