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Senior Underwriter, Professional Indemnity

Lawes Consulting Group
Posted 22 days ago, valid for 19 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The job title is Senior Professional Indemnity Development Underwriter on a 12-month contract.
  • The position offers a salary of £140,000 and is based in London.
  • The role requires 5-8 years of experience in Development Underwriting of Professional Indemnity and Directors & Officers risks.
  • Key responsibilities include developing underwriting strategies, conducting audits, and training underwriters and brokers.
  • Candidates should possess a strong understanding of Professional and Financial line business, along with a relevant degree or equivalent experience.

Job title: Senior Professional Indemnity Development Underwriter - 12 month contract

Salary: £140,000

Location: London

Industry: Insurance

Purpose of role:

  • As Senior Underwriter you will support the Head of Professional Indemnity in developing strategy setting underwriting guidelines product development handling underwriter referrals broker and underwriter education and keeping up to date with market and legislative changes or developments on a 12 month term
  • Providing efficient and accurate case by case underwriting decisions in line with strategy and operational plans
  • Assisting in the design and development of innovative solutions to create new and improve existing products e.g. policy wordings new products etc. to ensure they remain competitive in the market in line with treating the customer fairly (TCF) principles and contribute to the company becoming a significant professional indemnity market in the UK
  • Conducting underwriting and scheme audits both remotely and on site to ensure they are meeting FSA requirements company underwriting philosophies and working within their empowerment
  • Developing and maintain relationships with key stakeholders to ensure that business needs are achievedTraining coaching and development of underwriters sales staff and brokers to ensure they are competent in their role through improved knowledge

Experience:

  • You must have 5-8 years experience in Development Underwriting of Professional Indemnity and Directors & Officers risks
  • Must have a strong understanding and experience in Professional and Financial line business
  • You should be educated to degree level or equivalent business underwriting experience 

If you have the relevant experience or know someone that does please contact us now on or email us at

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

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