PI Underwriter Lloyd’s

As a Financial Lines Underwriter based in our London office you will form part of a team that focus on developing our regional/international professional indemnity portfolio. You will carry out risk selection, analysis, and pricing of new and renewal policies, as well as negotiate the insurance terms and conditions with brokers and insureds as well as finalizing insurance documentation. You will be key in helping build profitable relationships with brokers and insureds and your role will fully support and comply with the company’s objectives and standards.

Key Responsibilities:

Negotiate with brokers, cultivate and maintain those broker relationships

Follow underwriting guidelines and submit underwriting, pricing and negotiation recommendations to the Underwriting Manager.

Identify and pursue new business opportunities

Manage and grow the book of business in a profitable manner

Coordinate and/or participate in special projects as required

Attend off-site conferences, trade shows, seminars and meetings as required

Develop an in-depth understanding of the portfolio, broker and market structure, and be able to develop new business in accordance with company objectives

Skills and Experience Specification:

Ideally 3 -5 years’ experience in a similar position within professional indemnity/financial lines

Well-developed IT skills

Strong communication skills (verbal and written)

Ability to work well in a team and build strong relationships with colleagues and/or clients

Willingness to learn/proactive approach/ takes ownership

Degree level education

London Market/ Lloyd’s experience