Senior Professional Indemnity Development Underwriter, Lawes Consulting Group

Senior Professional Indemnity Development Underwriter

Lawes Consulting Group

Location:

United Kingdom, London

Category:

Insurance

Contract Type:

Employment contract

Salary:

100000.00 - 140000.00 GBP / Year

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Job Description:

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 achieved. Training coaching and development of underwriters sales staff and brokers to ensure they are competent in their role through improved knowledge.

Job Responsibility:

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 achieved
training coaching and development of underwriters sales staff and brokers to ensure they are competent in their role through improved knowledge

Requirements:

5-8 years experience in Development Underwriting of Professional Indemnity and Directors & Officers risks
strong understanding and experience in Professional and Financial line business
educated to degree level or equivalent business underwriting experience

Additional Information:

Job Posted:

March 27, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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