Senior Underwriting Manager
1 month ago
We are seeking an experienced Senior Underwriting Manager to join our Nexus Underwriting team in a dynamic and global organisation.
With a strong track record in managing complex risks, you will take ownership and accountability for key pieces of business and broker relationships, both regionally and internationally.
This role is suited for those wanting autonomy to develop and underwrite their own book of business, while playing an integral part in the growth of our Professional Indemnity portfolio.
The successful candidate will work closely with our leadership team to implement strategic goals and drive profitable growth, supporting the development of junior underwriters and contributing to product development in line with company objectives.
Key Responsibilities:- Underwrite and negotiate PI accounts, ensuring consistency with the quality of risk, aligned with our strategy, and within individual underwriting authority.
- Drive new business and maintain strong broker relationships by writing new and renewal business in line with agreed targets for Gross Written Premium (GWP).
- Take accountability for underwriting decisions and own the development and profitability of your book of business.
- Develop and maintain close, effective relationships with brokers, insurers, and clients, including travel and client entertainment where necessary.
- Ensure all underwriting activity complies with relevant legislation, underwriting agreements, and industry best practices.
- Stay informed about market conditions, especially in the SME and mid-market segments for Professional Indemnity.
$80,000 - $120,000 per annum, depending on experience, plus a competitive non-contributory pension scheme, private health care, life assurance, and 25 days holiday plus an additional day off for your birthday.
Experience:
- 5+ years of underwriting experience in Professional Indemnity, with a proven track record in managing complex risks.
- Experience working with SME and mid-market companies.
- Leadership experience or experience in mentoring and developing junior underwriters is preferred.
- Strong relationships with key brokers, with a proven ability to source new business and manage a portfolio effectively.
- Excellent understanding of PI products, including regulatory requirements and corporate governance.
- Ability to analyse financial statements and corporate structures to assess risk.
- Strong interpersonal skills with the ability to influence, negotiate, and build rapport with brokers and clients.
- Excellent written and verbal communication skills, with the ability to present complex information clearly.
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