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Senior Professional Indemnity Insurance Underwriter
2 weeks ago
Senior Professional Indemnity Insurance Underwriter
Location: London (with flexibility for some remote work)
Employment Type: Full-time
Industry: Insurance
A leading company is seeking a highly skilled and experienced Senior Professional Indemnity Insurance Underwriter for a full-time position in London, with the option for some remote work. The ideal candidate will possess extensive experience in underwriting for RICS and property-based professionals, along with a comprehensive understanding of the UK insurance market and exceptional underwriting expertise.
Key Responsibilities:
- Underwriting: Evaluate and underwrite professional indemnity insurance policies for RICS and property-based professionals, adhering to company guidelines and industry standards.
- Risk Assessment: Perform detailed risk assessments and analyses to determine coverage, terms, and pricing for new and renewal business.
- Portfolio Management: Develop and manage a profitable portfolio of professional indemnity insurance products, striving to meet company targets and uphold high-quality standards.
- Client Interaction: Foster and maintain strong relationships with brokers, clients, and other stakeholders, delivering exceptional service and support throughout the underwriting process.
- Policy Documentation: Create accurate and comprehensive policy documentation, ensuring compliance with legal and regulatory requirements.
- Training and Development: Mentor and support junior underwriters, sharing knowledge and expertise to promote continuous learning and professional growth.
- Performance Monitoring: Track and report on the performance of the underwriting portfolio, identifying areas for improvement and implementing necessary corrective actions.
Qualifications:
- Experience: At least 5 years of relevant experience in Professional Indemnity Insurance Underwriting in the UK market, with specific expertise in underwriting for RICS and property-based professionals.
- Knowledge: Strong understanding of Professional Indemnity underwriting principles and practices.
- Skills:
- Excellent analytical, problem-solving, and decision-making abilities with a keen attention to detail.
- Strong communication and interpersonal skills.
- Proven ability to deliver results under pressure and tight deadlines.
- Education: Bachelor's degree in a relevant field or equivalent experience in the insurance industry. Chartered Insurance Institute qualifications or other relevant certifications are advantageous.
- Commitment: Dedication to equal opportunity and the ability to thrive in a diverse and inclusive environment.
Benefits:
- Be part of a leading independent specialist Managing General Agent with an excellent market reputation.
- Work in a collaborative and dynamic environment that values innovation and excellence.
- Enjoy a flexible work arrangement that supports work-life balance.
- Access opportunities for professional development and career progression.
- Contribute to the growth and success of an innovative and forward-thinking company.
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