Underwriter - UK & International Management Liability Expert

2 days ago


London, Greater London, United Kingdom Pen Underwriting Full time
About Us

Gallagher is a global community driven by shared values and a commitment to excellence. With over 52,000 professionals, we design customized solutions to protect businesses and fuel their growth. As a member of our team, you'll experience empowerment, creativity, and the journey of making a real difference in clients' lives.

We believe every candidate brings something special, including you. Even if you feel you're close but not an exact match, we encourage you to apply.

The Role

We're seeking a dynamic and experienced Underwriter specializing in D&O. The ideal candidate will have a strong background in underwriting or sales within the insurance industry and be eager to continue their career in underwriting. This role requires a high level of autonomy, excellent decision-making skills, and the ability to hit the ground running.

Key Responsibilities
  • Assess and underwrite Directors and Officers insurance risks in accordance with company guidelines and risk appetite.
  • Develop and maintain strong relationships with brokers, clients, and other stakeholders.
  • Analyse financial statements, industry trends, and other relevant data to determine risk levels and appropriate coverage terms.
  • Negotiate terms, conditions, and pricing with brokers and clients to secure profitable business.
  • Provide technical expertise and guidance to junior underwriters and other team members.
  • Monitor and manage a portfolio of D&O insurance policies, ensuring compliance with company standards and regulatory requirements.
  • Collaborate with the sales team to identify and pursue new business opportunities.
  • Prepare and present underwriting reports and recommendations to senior management.
  • Stay current with industry developments, regulatory changes, and emerging risks in the D&O insurance market.

About You
  • Minimum of 5 years of underwriting/broking experience within Directors and Officers insurance. Experience with Professional Indemnity a plus.
  • Proven track record of success in underwriting or sales within the insurance industry.
  • Strong analytical and decision-making skills.
  • Excellent communication and negotiation abilities.
  • Ability to work independently and manage multiple priorities in a fast-paced environment.
  • Proficiency in Microsoft Office Suite and underwriting software.

Personal Attributes
  • Dynamic and proactive approach to work.
  • High level of autonomy and self-motivation.
  • Strong interpersonal skills and the ability to build and maintain relationships.
  • Detail-oriented with a commitment to accuracy and quality.

Compensation and Benefits

On top of a competitive salary, great teams, and exciting career opportunities, we also offer a wide range of benefits. Below are the minimum core benefits you'll get, depending on your job level, these benefits may improve:
  • Minimum of 25 days holiday, plus bank holidays, and the option to 'buy' extra days
  • Defined contribution pension scheme, which Gallagher will also contribute to
  • Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x
  • Income protection, we'll cover up to 50% of your annual income, with options to top up
  • Health cash plan or Private medical insurance

Other Benefits
  • Three fully paid volunteering days per year
  • Employee Stock Purchase plan, offering company shares at a discount
  • Share incentive plan, HMRC approved, tax effective, stock purchase plan
  • Critical illness cover
  • Discounted gym membership, with over 3,000 gyms nationally
  • Season ticket loan
  • Access to a discounted voucher portal to save money on your weekly shop or next big purchase
  • Emergency back-up family care
  • And many more...

Inclusion and Diversity

Gallagher is committed to inclusion and diversity. We value our employees' diverse identities, experiences, and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

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