Underwriter - Professional Indemnity

3 months ago

London, United Kingdom Avencia Full time

**Underwriter - Professional Indemnity**:
London Permanent - Full Time

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**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 work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realise our potential, we can help others reach theirs.

**The opportunity**:
We have an exciting opportunity for an** Underwriter **to join the Markel team. The Wholesale division at Markel is comprised of six underwriting teams (Cyber, Energy, Equine & Livestock, Marine, Professional & Financial Risks, and Trade Credit, Political Risk & Surety), as well as an award winning claims team, underwriting support, delegated underwriting, and strategic business development. We have staff around the world with a significant presence in Asia and the US, in addition to the London market.

Professional & Financial Risks focus on international and UK-domiciled business and can deploy capacity of £10m/ €15m/ $20m on any one risk. The team is made up of three business lines, Professional Indemnity, Management Liability and Financial Institutions. We provide excellent service via our expert underwriters who are available both at Lloyd's and in the offices and have a flexible and innovative approach to underwriting that ensures that we can provide the product required for our customers. This role is based in the Commercial Professional Indemnity and Tech/Media/Telecoms (PI & TMT) team which is budgeted to write $184m gross premium in 2022. The PI & TMT portfolio offers insurance cover to worldwide clients across many professions including accountants, solicitors, insurance brokers, construction, miscellaneous, technology and media professionals

**What you'll be doing**:
Help to develop and maintain strong working relationships within Markel

Review and underwriting of new and renewal risks using technical rating model

Attending client meetings and building good relationships with clients

Develop strong relationships with existing and new brokers

Manage book of business in line with appetite and strategy, including combined ratio targets

**Our must haves**:
Have experience underwriting or broking in the Professional Indemnity class

Have strong technical knowledge across the Traditional PI lines

Have excellent relationships within the PI market across a range of brokers

Demonstrate a collegiate mentality and be able to work within a team of Underwriters

Demonstrate a proactive and entrepreneurial approach

Be computer literate and have the ability to develop a full understanding and capability of in-house and MS systems

**Who we are**:

- A great starting salary plus annual bonus & strong benefits package
- 25 days paid holiday plus Bank Holidays, with the opportunity to buy / sell extra leave
- Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer
- There are countless opportunities to learn new skills and develop in your career, and we can provide the support needed to do just that

**Are you ready to play your part?**

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.

Avencia are an RPO providing a recruitment service to our client, Markel.

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