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Senior Professional Indemnity Underwriter
2 weeks ago
Our client is a newly established MGA based in London (City), with its founders boasting a reputation for excellence and innovation in the insurance industry.
They already offer a diverse suite of insurance products as well as creating a dynamic and supportive work environment, where employees are encouraged to grow and develop their skills and career.
They are currently looking to recruit a Senior Professional Indemnity Underwriter with a proven track record in underwriting PI risks (experience in dealing with IFA and Wealth Management risks preferable) on a global basis.
Key Responsibilities:
- Assessing and underwriting Professional Indemnity insurance applications.
- Analysing and evaluating risks to determine coverage and premium levels.
- Building and maintaining relationships with brokers, Lloyd’s and the Open Market.
- Monitoring market trends and emerging risks to make informed underwriting decisions.
- Providing technical underwriting support and guidance to more junior underwriters.
Required Skills and Qualifications:
- Experience in Professional Indemnity underwriting, preferably with experience in dealing with IFAs and the Wealth Management sectors.
- A proven track record in building and maintaining Broker relationships.
- Strong analytical and critical thinking skills.
- Excellent communication and negotiation abilities.
- In-depth knowledge of insurance regulations and industry standards.
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