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Head of Underwriting - Professional Indemnity

  • Salary: £100000.00 - £110000.00 per annum + bonus and car allowance
  • Location: City of London, London
  • Sector: Underwriting
  • Job type: Permanent
  • Date posted:
    11 May 2021
  • Job reference: BBBH35125

A major insurance player is seeking an Underwriting Manager for their UK PI team, which is made up of senior, mid-level and junior Underwriters.

The Book
They have a diverse portfolio of business in terms of professions; writing solicitors, construction, IFAs, insurance brokers, accountants and miscellaneous risks. This is mainly UK retail business as well as a little wholesale international business (both European and emerging markets). They have appetite mainly across mid-market to corporate business, both primary and excess and they primarily deal with the top 6 Brokers.

The Role

The Underwriting Manager will be responsible for underwriting PI business and dealing with referrals, alongside managing the team. There will also be regular contact with Brokers, maintaining an excellent service and generating new business. The overall aim is to utilise the platform and market power to build out the book of business, looking at strategy for the next few years, taking into account actuarial and claims feedback.

The Person

This role would suit a number 2 in a large PI underwriting team or perhaps a number 1 in a smaller player. The following skills/attributes are all sought:

  • Forecasting skills
  • Proven PI underwriting experience (may consider broking experience with prior underwriting)
  • Knowledge of a range of professions
  • People management experience
  • Dynamic, versatile, agile, open minded approach
  • Relationships with at least 3 out of 6 largest broking houses

If you think your experience and career goals align, please get in touch for a confidential chat.

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