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PI Renewals Underwriter

IDEX Consulting Ltd
Posted 2 days ago, valid for 24 days
Location

Manchester, Greater Manchester M17 1DJ, England

Salary

£35,000 - £42,000 per annum

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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 role is for an experienced Professional Indemnity Underwriter (Renewals) based in Manchester, focusing on managing open market renewals.
  • Candidates should have a strong background in open market PI underwriting and experience with renewals is essential.
  • The position offers a competitive salary ranging from £60k to £70k, depending on experience.
  • Key responsibilities include assessing risks, negotiating with brokers and clients, and leveraging technology to enhance the underwriting process.
  • The company promotes a collaborative culture and offers professional development opportunities within a hybrid working environment.

Are you an experienced PI Underwriter with a proven track record in open market renewals? Do you have a keen eye for detail and a passion for delivering bespoke solutions in a rapidly evolving insurance landscape? If so, we have the perfect role for you!We're seeking a Professional Indemnity Underwriter (Renewals) to join our high-performing team in Manchester. In this pivotal role, you'll manage the renewals of professional indemnity policies, working with a diverse range of clients in the open market. This is a fantastic opportunity to apply your open market underwriting expertise while collaborating with a team that's committed to innovation, efficiency, and growth.You'll play a key part in the entire renewal process, from assessing risks and tailoring policies to negotiating terms and building strong, long-lasting relationships with brokers and clients. We're looking for someone who thrives in a fast-paced environment, embraces technology, and is passionate about delivering exceptional service to clients.What You'll Do:Manage PI Renewals: Take full ownership of professional indemnity renewals, ensuring a seamless and efficient process for both new and existing clients. Your expertise will ensure the renewal process is smooth, accurate, and beneficial for all parties involved.Assess and Underwrite Risks: Leverage your open market PI underwriting experience to assess risk and renew policies with a tailored, solution-driven approach. You'll be responsible for reviewing current policies, understanding market trends, and adjusting coverage to meet the evolving needs of clients.Negotiate with Brokers and Clients: Build and maintain strong relationships with brokers and clients, acting as a trusted advisor and providing expert insight into market trends and policy renewals. Your negotiation skills will ensure you're offering the best value while maintaining profitability.Embrace Technology & Data: Utilise cutting-edge technology and data-driven insights to streamline the underwriting process and make informed decisions. You'll work with advanced digital tools to automate administrative tasks and focus on higher-value activities, such as strategic renewals and relationship management.Collaborate & Innovate: Work closely with a dynamic team of underwriters, claims handlers, and other departments to drive innovation and continuous improvement. You'll be encouraged to share your ideas and contribute to shaping the future of the business.Contribute to Growth & Success: As a member of an innovative and growing team, you'll be empowered to make a significant impact on the business's success, helping to drive growth, improve efficiency, and enhance client satisfaction.What We Offer:Hybrid Working: Enjoy the best of both worlds! With the flexibility to work from home and in the office, you'll have the autonomy to balance your personal and professional life while still being a key part of a close-knit team.Competitive Salary & Benefits: With a salary range of £60k - £70k (dependent on experience), we offer a highly competitive package along with a comprehensive benefits package that includes generous holiday allowance, pension contributions, and more.Professional Development: We're committed to your career growth! You'll have access to ongoing learning and development opportunities, with a clear pathway for progression as we continue to grow and innovate.Cutting-Edge Technology: Work in an environment that embraces digital tools and technology. You'll have access to the latest underwriting software, market intelligence, and digital platforms that will help you work smarter and deliver better results.Inclusive and Collaborative Culture: Join a team that fosters collaboration, creativity, and a strong sense of community. We're passionate about creating an inclusive workplace where everyone's ideas are valued, and where you'll be supported to reach your full potential.What We're Looking For:Open Market PI Underwriting Experience: You have a strong background in underwriting professional indemnity policies, particularly in the open market. Experience with renewals is essential.Excellent Communication & Negotiation Skills: You have the ability to build and maintain relationships with brokers and clients, providing expert advice while managing negotiations to achieve mutually beneficial outcomes.Tech-Savvy: You are comfortable using technology to enhance efficiency and accuracy in the underwriting process. Experience with underwriting platforms and digital tools is highly desirable.Proactive, Solutions-Focused: A proactive attitude and the ability to solve complex problems is key. You will thrive in a fast-paced environment, constantly seeking ways to improve and streamline the renewal process.Detail-Oriented: You have a meticulous eye for detail, ensuring policies are renewed correctly, risks are accurately assessed, and all stakeholders receive excellent service.If you're looking to advance your career in PI underwriting and want to be part of an innovative, growth-focused team, then this is the role for you!Ready to make an impact? Apply today and take your career to new heights!Contact Ian at IDEX for more information

Visit the IDEX Consulting Ltd website for further opportunities. Please note that the information supplied may be retained for up to 10 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy.

Our Diversity, Equity and Inclusion Mission

At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.

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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.