Insurance Risk Specialist

4 days ago


London, Greater London, United Kingdom Gallagher Full time

About the Role

We are seeking a seasoned underwriter to join our team, bringing extensive experience in assessing and managing Directors and Officers insurance risks. The ideal candidate will possess a strong background in underwriting or sales within the insurance industry, with a proven track record of success in delivering profitable business. This role requires a high level of autonomy, excellent decision-making skills, and the ability to work independently in a fast-paced environment.

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

Requirements:
• 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

What We Offer:
• A competitive salary of £60,000 - £80,000 per annum, depending on experience
• A wide range of benefits, including minimum of 25 days holiday, pension scheme, life insurance, income protection, health cash plan, and more

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