Principal Underwriter for Retail

4 weeks ago


London, Greater London, United Kingdom ERS Full time

Senior Underwriter Position Overview:

Location: London

Company Overview: ERS is recognized as the UK's foremost specialist motor insurer, holding an A+ rating, and operates within the Lloyd's market, offering a wide array of insurance products ranging from Cargo and Marine to Political Violence.

Role Summary: The Senior Underwriter will play a pivotal role in implementing the underwriting strategy, engaging with Pricing and Technology teams, and nurturing broker relationships.

Core Responsibilities:

  • Formulating underwriting strategies informed by market insights
  • Overseeing portfolio performance and suggesting enhancements
  • Collaborating with Product Performance Analysts
  • Adjusting underwriting appetite to seize market opportunities
  • Serving as a technical reference point
  • Providing insights on risk pricing models
  • Ensuring clear market propositions
  • Identifying and mitigating significant risks
  • Monitoring underwriting practices for regulatory compliance
  • Building and strengthening business relationships
  • Complying with legal and regulatory standards

Required Qualifications and Skills:

  • Proven leadership and management skills
  • In-depth technical knowledge of insurance products
  • Strong analytical skills with proficiency in Excel
  • Effective communication with gravitas
  • Commercial acumen and pricing proficiency
  • Excellent interpersonal skills and relationship management
  • Understanding of underwriting controls and compliance


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