Underwriter - Professional Indemnity
4 months ago
**Flexible Work Eligible**: Flexible Work Schedule
**DISCOVER your opportunity**
**Underwriter II - Professional Indemnity**
London, UK
The Professional Indemnity team is a significant capacity player and Thought Leader in the market. With a strong brand backed by a significant balance sheet, the Team has a Leading Underwriter position in the market writing a global book of Fortune 500 companies. All the underwriters have extensive market relationships with all the leading brokers, writing an Open Market and Delegated Authority book.
We are currently looking for an underwriter to join the team with London market experience, and some current / prior exposure to Professional Indemnity, or related lines of business.
- This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime._
**DISCOVER** **your opportunity**
As an Underwriter, you will be responsible for delivering a profitable ‘Underwriting’ service to your clients. You key tasks include: underwriting business within the agreed business plan and individual authority; supporting the business planning and forecasting process; monitoring financial exposure within outlined limits; monitoring premium income to ensure it remains within set limits; maintaining awareness of all claims advised while supporting and providing input on settlement of claims; ensuring adequate reinsurance acquired to cover specific risks; building and maintaining relationships with brokers and clients; supporting the design and structure of risks.
What will your essential responsibilities include?
- Calculating appropriate risk premium by considering the risk costs inherent to thesector, reinsurance cessions as well as the Underwriting and general administration costs while ensuring profitability.
- Proactively advising, assisting, servicing and following up with clients and brokers on insurance and risk management matters to ensure satisfaction and fulfillment of their insurance requirements.
- Effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention.
- Controlling timely implementation of new and renewed accounts according to quality standards.
- Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy.
- Support the business planning and forecasting process; monitor financial exposure within outlined limits; monitor premium income to ensure it remains within set limits.
- Maintain awareness of all claims advised while supporting and providing input on settlement of claims.
- Working collaboratively in a team environment, assisting underwriters, underwriting assistants and management team.
- You will report to the UK Head of PI _
**SHARE your talent**
**SHARE your talent**
We’re looking for someone who has these abilities and skills:
We’re looking for someone who has these abilities and skills:
- Proven Underwriting experience with a demonstrable track record of writing a profitable portfolio within the London market.
- Demonstrate technical knowledge and experience of the industry and Professional Indemnity (we are open to individuals with experience in related lines of business)
- Proven analytical, negotiation and sales skills.
- Excellent written and oral communication skills
- Interpersonal Savvy - Demonstrated ability to build and maintain insured and broker contacts.
- Ability to develop and understand business processes, strategy and planning.
- Collaborative team player who provides creative solutions and ideas for resolution
**FIND your future**
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.
How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business property, casualty, professional, financial lines and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
**Inclusion & Diversity**
AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.
At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.
- Five Business Resou
-
Professional Indemnity Underwriter
3 weeks ago
London, Greater London, United Kingdom IDEX Consulting Ltd Full timeProfessional Indemnity Underwriter OpportunityWe are seeking an experienced Underwriter to join our London Market Professional Indemnity division, focusing on corporate international insurance business. The successful candidate will underwrite large corporate global risks, including US and UK exposures. The portfolio consists of construction business,...
-
Professional Indemnity Underwriter
3 weeks ago
London, Greater London, United Kingdom IDEX Consulting Ltd Full timeProfessional Indemnity Underwriter OpportunityWe are seeking an experienced Underwriter to join our London Market Professional Indemnity division, focusing on corporate international insurance business. The successful candidate will underwrite large corporate global risks, including US and UK exposures. The portfolio consists of construction business,...
-
Professional Indemnity Underwriter
3 weeks ago
London, Greater London, United Kingdom IDEX Consulting Ltd Full timeProfessional Indemnity Underwriter OpportunityWe are seeking an experienced Underwriter to join our London Market Professional Indemnity division, focusing on corporate international insurance business. The successful candidate will underwrite large corporate global risks, including US and UK exposures, with a significant portion of the portfolio comprising...
-
Professional Indemnity Underwriter
3 weeks ago
London, Greater London, United Kingdom IDEX Consulting Ltd Full timeProfessional Indemnity Underwriter OpportunityWe are seeking an experienced Underwriter to join our London Market Professional Indemnity division, focusing on corporate international insurance business. The successful candidate will underwrite large corporate global risks, including US and UK exposures, with a significant portion of the portfolio comprising...
-
Underwriter - Professional Indemnity
4 months ago
London, United Kingdom Avencia Full time**Underwriter - Professional Indemnity**: London Permanent - Full Time Share **Whatsapp** **LinkedIn** **Facebook & Messenger** **Messenger** **Markel**: **Do you have experience in the Professional Indemnity class?** **Come and progress your career working with our dedicated Professional & Financial Risks team in our London office here at Markel as...
-
Senior Professional Indemnity Underwriter
3 weeks ago
London, Greater London, United Kingdom Harrison Holgate Full timeProfessional Indemnity Underwriter OpportunityHarrison Holgate is seeking a skilled Professional Indemnity Underwriter to join their dynamic team and contribute to the growth of their book of business.About the RoleThis is a unique opportunity for a motivated and confident underwriter to take on a challenging role and make a significant impact on the...
-
Senior Professional Indemnity Underwriter
3 weeks ago
London, Greater London, United Kingdom Harrison Holgate Full timeProfessional Indemnity Underwriter OpportunityHarrison Holgate is seeking a skilled Professional Indemnity Underwriter to join their dynamic team and contribute to the growth of their book of business.About the RoleThis is a unique opportunity for a motivated and confident underwriter to take on a challenging role and make a significant impact on the...
-
Underwriter - Professional Indemnity
4 months ago
London, United Kingdom Avencia Full time**Markel**: Do you have experience in the Professional Indemnity class?** **Come and progress your career working with our dedicated Professional & Financial Risks team in our London office here at Markel as an Underwriter !** **What part will you play?** If you’re looking for a place where you can make a meaningful difference, you’ve found it. The...
-
Professional Indemnity Insurance Underwriter
3 weeks ago
London, Greater London, United Kingdom Heat Recruitment Full timeJob Opportunity: Professional Indemnity Trading UnderwriterHeat Recruitment is seeking a skilled Professional Indemnity Trading Underwriter to join our client's team. As a key member of the team, you will be responsible for underwriting new and renewal Professional Indemnity business within your authority.Key Responsibilities:Underwrite new and renewal...
-
Professional Indemnity Insurance Underwriter
3 weeks ago
London, Greater London, United Kingdom Heat Recruitment Full timeJob Opportunity: Professional Indemnity Trading UnderwriterHeat Recruitment is seeking a skilled Professional Indemnity Trading Underwriter to join our client's team. As a key member of the team, you will be responsible for underwriting new and renewal Professional Indemnity business within your authority.Key Responsibilities:Underwrite new and renewal...
-
Underwriter - Professional Indemnity
5 months ago
London, United Kingdom Canopius Full time**The Role** The PI team writes a book of USD 57m at a target ULR of 70.7% but historically significantly better than this. As underwriter, you will underwrite International Professional Indemnity risks for syndicate 4444, as directed by the Head of Professional Indemnity to meet the requirements of the business plans and the strategic targets for premium...
-
Underwriter - Professional Indemnity
5 months ago
London, United Kingdom Canopius Full time**The Role** The PI team writes a book of USD 57m at a target ULR of 70.7% but historically significantly better than this. We are looking for an Underwriter to join as a senior member of the team to underwrite International Professional Indemnity risks for syndicate 4444, as directed by the Head of Professional Indemnity to meet the requirements of the...
-
Senior Professional Indemnity Underwriter
2 weeks ago
London, Greater London, United Kingdom IDEX Consulting Ltd Full timeJob Summary: We are seeking a highly skilled Senior Professional Indemnity Underwriter to join our team at IDEX Consulting Ltd. The successful candidate will be responsible for underwriting large corporate global business, including US and UK risks.About the Role: As a Senior Professional Indemnity Underwriter, you will be expected to form relationships with...
-
Senior Professional Indemnity Underwriter
3 weeks ago
London, Greater London, United Kingdom Lawes Insurance Recruitment Full timeAbout the RoleWe are seeking a highly skilled Senior Development Underwriter to join our team at Lawes Insurance Recruitment.Key ResponsibilitiesSupport the Head of Professional Indemnity in developing strategy, setting underwriting guidelines, and product development.Assist in designing and developing innovative solutions to create new and improve existing...
-
Senior Professional Indemnity Underwriter
3 weeks ago
London, Greater London, United Kingdom Lawes Insurance Recruitment Full timeAbout the RoleWe are seeking a highly skilled Senior Development Underwriter to join our team at Lawes Insurance Recruitment.Key ResponsibilitiesSupport the Head of Professional Indemnity in developing strategy, setting underwriting guidelines, and product development.Assist in designing and developing innovative solutions to create new and improve existing...
-
Senior Professional Indemnity Underwriter
3 weeks ago
London, Greater London, United Kingdom Lawes Insurance Recruitment Full timeJob Title: Senior Development UnderwriterLawes Insurance Recruitment is seeking a highly skilled Senior Development Underwriter to join our team.About the RoleThe Senior Development Underwriter will support the Head of Professional Indemnity in developing strategy, setting underwriting guidelines, product development, handling underwriter referrals, broker...
-
Senior Professional Indemnity Underwriter
3 weeks ago
London, Greater London, United Kingdom Lawes Insurance Recruitment Full timeJob Title: Senior Development UnderwriterLawes Insurance Recruitment is seeking a highly skilled Senior Development Underwriter to join our team.About the RoleThe Senior Development Underwriter will support the Head of Professional Indemnity in developing strategy, setting underwriting guidelines, product development, handling underwriter referrals, broker...
-
Professional Indemnity Underwriter
1 week ago
London, Greater London, United Kingdom SCOR Full timeThe role involves underwriting direct and reinsurance risks within the Professional Indemnity segment, focusing on the large corporate risk market. Key responsibilities include managing an allocated portfolio of cases, working with the London and Paris teams, and actively marketing SCOR PI appetite and capabilities to brokers and clients.Key...
-
Professional Indemnity Underwriting Manager
2 months ago
London, Greater London, United Kingdom Liberty Specialty Markets Full timeAbout the Role:The ideal candidate will be an experienced underwriter with a strong track record of managing professional indemnity risks. They will have a deep understanding of the market and be able to develop and implement effective underwriting strategies to drive business growth.About the Department & Team:Liberty Specialty Markets' Professional...
-
Professional Indemnity Underwriter
2 weeks ago
London, Greater London, United Kingdom SCOR Full timeThe role of Senior Professional Liability Underwriter at SCOR involves underwriting direct and/or reinsurance risks within the renewal book and new business within the Professional Indemnity segment.Products underwritten in the team include PI for Construction (Contractors & Engineers) annuals and SPPI, Lawyers, Accountants, Media, Technology E&O &...