At a Glance
- Tasks: Join our team to implement underwriting strategies and build strong relationships with partners.
- Company: Victor Insurance UK is a leading MGA offering diverse insurance products globally.
- Benefits: Enjoy professional development, a vibrant culture, and flexible hybrid work options.
- Why this job: Be part of a supportive team making an impact in the insurance industry.
- Qualifications: Experience in professional indemnity underwriting and strong teamwork skills are essential.
- Other info: Opportunity to grow within a global leader in risk and insurance solutions.
The predicted salary is between 43200 - 72000 £ per year.
R_306748 – Senior Professional Indemnity / Financial Lines Underwriter
We are seeking a talented individual to join our Financial Lines / Professional Indemnity Underwriting team at Victor Insurance UK.
Victor UK is seeking candidates for the following position. Access to London, Cambridge, Bristol, Leeds or Witham would be beneficial for office attendance.
Victor and its businesses operate as managing general agency (MGA), offering a wide range of property, liability, motor and specialty insurance products in countries around the world. The Senior Financial Lines Underwriter will join a busy team of experienced professionals based in the UK.
We will count on you to:
- Directly contribute to and implement the underwriting strategy for all products, working within our established risk appetite
- Develop a successful career as part of a tight-knit, busy, knowledgeable and established team within a growing MGA
- Act within underwriting authority and be a technical referral point where appropriate
- Build strong relationships with broking & capacity partners and internal stakeholders
- Attend networking and insurance events as well as broker visits
- Provide superior customer service, delivering the required product profitability, providing feedback to internal stakeholders regarding trading/market trends and improving technical underwriting capabilities.
- Opportunity to deputise for the Product Head when appropriate and necessary
What you need to have:
- Proven track record of professional indemnity insurance underwriting
- A thorough understanding of the financial lines insurance market
- Previously held high levels of underwriting authority for professional indemnity insurance
- Experience of working in teams and successfully delivering results
What makes you stand out?
- Experience of e-trade platforms and in particular Acturis
- Professional qualifications – Cert, Dip or ACII
- Experience of working within an MGA model
- Established trading relationships with UK independent brokers
Why join our team:
- We help you be your best through professional development opportunities, interesting work and supportive leaders.
- We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
- Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
Marsh, a business of Marsh McLennan (NYSE: MMC), is the world\’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow on LinkedIn and X.
Victor offers a connected culture of talented, inspired individuals, and a work environment where colleagues can grow and succeed. At Victor, your voice is heard, your skills are sharpened and your ambitions nurtured. We value diversity in thought and background and are looking for individuals who are up for the challenge of creating the insurance enterprise of the future. If that\’s you, join us on our journey-with us by your side, you\’ll be ready to tackle tomorrow\’s challenges. Victor Insurance Managers LLC (\”Victor\”) is one of the world\’s largest managing general underwriters with locations in the US, Canada, UK, Netherlands, Germany, Italy, and Australia. It handles more than $4 billion USD in premium on behalf of numerous insurance carriers, through a large network of more than 20,000 active insurance agents and brokers. With deep, specialized underwriting expertise, the company delivers a wide range of insurance solutions – from specialty property and casualty and professional liability insurance to group and retiree benefits. Victor is committed to building on 65-plus years of experience to develop products and services that address the complex needs of its customers. For more information, visit www.victorinsurance.com.
Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@mmc.com.
Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one \”anchor day\” per week on which their full team will be together in person.
#VictorUK #J-18808-Ljbffr
Senior Professional Indemnity / Financial Lines Underwriter employer: The Virginia Society of CPAs
Contact Detail:
The Virginia Society of CPAs Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Professional Indemnity / Financial Lines Underwriter
✨Tip Number 1
Network actively within the insurance industry, especially with professionals who have experience in professional indemnity and financial lines. Attend relevant events and engage with potential colleagues on platforms like LinkedIn to build relationships that could lead to job opportunities.
✨Tip Number 2
Familiarise yourself with e-trade platforms, particularly Acturis, as this is a key requirement for the role. Consider taking online courses or webinars to enhance your knowledge and demonstrate your commitment to staying updated in the field.
✨Tip Number 3
Showcase your understanding of the financial lines insurance market by discussing current trends and challenges during interviews or networking conversations. This will highlight your expertise and make you a more attractive candidate.
✨Tip Number 4
Prepare to discuss your previous underwriting authority experiences in detail. Be ready to provide examples of how you've successfully managed risk and contributed to profitability in past roles, as this will be crucial in demonstrating your fit for the position.
We think you need these skills to ace Senior Professional Indemnity / Financial Lines Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in professional indemnity insurance underwriting and any relevant qualifications. Use specific examples that demonstrate your understanding of the financial lines insurance market.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also explains why you are interested in working with Victor Insurance UK. Mention your familiarity with e-trade platforms like Acturis and how your skills align with their needs.
Showcase Your Team Experience: In your application, emphasise your ability to work within teams and deliver results. Provide examples of past collaborations that led to successful outcomes, as this is crucial for the role.
Highlight Networking Skills: Mention any previous experiences where you built strong relationships with brokers or capacity partners. This will demonstrate your ability to contribute to the company's customer service and profitability goals.
How to prepare for a job interview at The Virginia Society of CPAs
✨Showcase Your Underwriting Expertise
Make sure to highlight your proven track record in professional indemnity insurance underwriting. Be prepared to discuss specific cases where you successfully implemented underwriting strategies and how they contributed to profitability.
✨Understand the Financial Lines Market
Demonstrate a thorough understanding of the financial lines insurance market during your interview. Familiarise yourself with current trends, challenges, and opportunities within the sector, as this will show your commitment and knowledge.
✨Build Rapport with Interviewers
Since building strong relationships is key in this role, practice establishing rapport with your interviewers. Use active listening skills and engage in meaningful conversations about their experiences and insights in the industry.
✨Prepare for Technical Questions
Expect technical questions related to underwriting authority and risk appetite. Brush up on your technical knowledge and be ready to provide examples of how you've navigated complex underwriting scenarios in the past.