At a Glance
- Tasks: Underwrite professional indemnity risks and develop client relationships.
- Company: Join a global (re)insurance leader in the City of London.
- Benefits: Enjoy a competitive salary, hybrid work options, and a dynamic team environment.
- Why this job: Be part of a growing portfolio and make an impact in the insurance industry.
- Qualifications: Strong underwriting expertise and excellent communication skills required.
- Other info: Opportunity to represent the team at industry events.
The predicted salary is between 120000 - 180000 £ per year.
A global (re)insurance company is seeking a Senior Professional Indemnity Underwriter to join its Professional Risks team, focusing on UK, US, and international professional indemnity business. This position involves underwriting new and renewal business, engaging with brokers and clients, and contributing to portfolio development.
Key Responsibilities:
- Underwrite UK, US, and international professional indemnity risks
- Develop and maintain relationships with brokers, clients, and internal stakeholders
- Identify and pursue new business opportunities
- Stay informed on market and legal developments
- Represent the team at industry events and meetings
Requirements:
- Strong technical underwriting expertise, particularly in Architects & Engineers, Contractors, and Solicitors' PI classes
- In-depth knowledge of policy wordings and legal frameworks in key jurisdictions
- Extensive London Market experience in professional indemnity
- Excellent communication, negotiation, and decision-making skills
- Ability to drive results, adapt to client needs, and influence stakeholders
This role offers the opportunity to work within a leading organisation, contributing to the growth and continued success of the Professional Indemnity portfolio.
Senior Professional Indemnity Underwriter employer: Harrison Holgate
Contact Detail:
Harrison Holgate Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Professional Indemnity Underwriter
✨Tip Number 1
Network with professionals in the insurance and underwriting sectors. Attend industry events, webinars, or local meetups to connect with potential colleagues and learn more about the latest trends in professional indemnity.
✨Tip Number 2
Stay updated on market developments and legal changes that affect professional indemnity. Subscribe to relevant newsletters or follow industry leaders on social media to ensure you have the latest information at your fingertips.
✨Tip Number 3
Prepare to discuss your experience with specific PI classes like Architects & Engineers or Contractors during interviews. Be ready to share examples of how you've successfully underwritten similar risks in the past.
✨Tip Number 4
Demonstrate your negotiation skills by preparing for role-play scenarios in interviews. Practice articulating your thought process when engaging with brokers and clients, showcasing your ability to influence and drive results.
We think you need these skills to ace Senior Professional Indemnity Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in professional indemnity underwriting, particularly in the areas of Architects & Engineers, Contractors, and Solicitors' PI classes. Use specific examples to demonstrate your technical expertise.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your experience with UK, US, and international professional indemnity risks, and how you can contribute to the growth of their portfolio.
Highlight Key Skills: In your application, emphasise your communication, negotiation, and decision-making skills. Provide examples of how you've successfully influenced stakeholders or driven results in previous roles.
Show Industry Knowledge: Demonstrate your awareness of current market and legal developments in professional indemnity. This could be through mentioning recent changes in policy wordings or significant trends affecting the industry.
How to prepare for a job interview at Harrison Holgate
✨Showcase Your Technical Expertise
Make sure to highlight your strong technical underwriting expertise, especially in the areas of Architects & Engineers, Contractors, and Solicitors' PI classes. Be prepared to discuss specific cases or experiences that demonstrate your knowledge of policy wordings and legal frameworks.
✨Demonstrate Relationship-Building Skills
Since this role involves developing and maintaining relationships with brokers and clients, come prepared with examples of how you've successfully built and nurtured professional relationships in the past. This will show your potential employer that you can effectively engage with stakeholders.
✨Stay Updated on Market Trends
Research current market and legal developments related to professional indemnity insurance. Being able to discuss recent changes or trends during your interview will demonstrate your commitment to staying informed and your ability to adapt to the evolving landscape.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your decision-making and negotiation skills. Think of situations where you had to influence stakeholders or drive results under pressure, and be ready to explain your thought process and outcomes.