Risk Management Underwriter
1 day ago
As a Risk Management Underwriter at HFG Insurance Recruitment, you will have the opportunity to work with a leading Lloyd's MGA who are seeking a Senior Underwriter to join their growing FI team.
About the RoleWe are looking for a highly experienced FI/D&O Underwriting professional with strong knowledge of the SME - Mid Market region and global business writing. The ideal candidate will be able to focus on new business as well as renewals.
Key Responsibilities:
- Underwrite and negotiate D&O and FI accounts, ensuring consistency with the quality of risk, aligned with the company's 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 D&O and FI lines.
- Work with the leadership team to support the development and execution of the strategic business plan for the D&O and FI portfolio.
- Provide guidance, mentorship, and technical support to junior underwriters, assisting in their professional development.
- Ensure all underwriting activities are conducted in compliance with FCA regulations and other relevant legislation.
What You'll Need
We're looking for someone with a strong background in underwriting, preferably with experience in the FI/D&O space. A good understanding of the SME - Mid Market region and global business writing is essential.
Salary Range: £60,000 - £80,000 per annum, depending on experience.
Location: City of London.
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