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Job Title: Legal Indemnity Underwriter
Salary: Circa £60,000
Location: London (3 days)
An excellent opportunity has arisen with my client, a leading Insurance firm based in London. We are seeking an experienced Underwriter to underwrite high net worth commercial legal indemnity risk within agreed authority levels to achieve profitable growth in line with business plans.
Duties include:
- Review, evaluate and price cases by applying sound underwriting judgement and adhering to company policy and regulations within agreed authority limit
- Negotiate and maximise business profitability by means of effective underwriting decisions and techniques with the goal of securing the transaction while appropriately managing risk to the company
- Liaise with clients, solicitors, and brokers in relation to insurance policies and resolve policy queries
- Perform a range of duties such as underwriting the less straightforward risks, dealing with new enquiries and technical referrals, assisting with technical training and auditing, and the production and distribution of stats etc.
- Develop and maintain relationships with clients in line with the business plan to support the achievement of business objectives
- Demonstrate in-depth knowledge of policy coverage and discuss confidently with external and internal clients
- Act as a technical referral point and coach less experienced members of staff, providing guidance on more complex issues and explaining appropriate course of action
The successful candidate will have/be:
- 3+ years’ experience as a Legal Indemnity Underwriter
- Detailed knowledge of defective title and it’s market
- Capable of producing high quality work in a flexible, fast paced environment
Package:
- Circa £60,000
- Performance related bonus scheme
- 25 days paid holiday plus bank holidays
- Group Life Assurance – 3x salary
- Self-invested Pension Plan
- Employee Healthcare Benefit
- Interest-free season ticket loan
- Hybrid working options (3 days in office)
If you feel you meet the above criteria, please apply online for immediate consideration.
