Senior Underwriter, Professional Liability in London
Senior Underwriter, Professional Liability

Senior Underwriter, Professional Liability in London

London Full-Time 60000 - 80000 £ / year (est.) No home office possible
Arch Capital Group

At a Glance

  • Tasks: Assess risks, price exposures, and maintain relationships with clients and brokers.
  • Company: Join a collaborative and innovative company that enables possibility.
  • Benefits: Competitive salary, professional development, and opportunities for mentorship.
  • Other info: Dynamic role with leadership opportunities and a supportive team environment.
  • Why this job: Make a real impact in the London Market while solving complex business problems.
  • Qualifications: University degree, professional certification, and extensive underwriting experience required.

The predicted salary is between 60000 - 80000 £ per year.

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibilityâ„ .

Role purpose

  • Senior underwriting position within the PI team
  • Requires an experienced London Market underwriter in the PI class
  • Role will support the Line of Business Head in the marketing, underwriting and servicing of business

Key Responsibilities

  • Assessment of suitability of risks (renewals and new business), pricing exposures in accordance with approved rating model, discretionary pricing mechanisms, and general business unit guidelines.
  • Identify the need for and evaluate additional risk assessment information including Underwriter Representatives’ reports, actuarial and financial reports and statements; and any / all other publicly available information.
  • Source input from, and work in conjunction with stakeholders in other departments including claims, actuarial, and operations.
  • Maintain ongoing liaison with producers to obtain supplemental underwriting information, evaluate risks, decline risks, analyse and interpret coverage, explain underwriting requirements and expectations, and present terms.
  • Oversee risks through the life-cycle of a policy: pre-renewal, renewal, ongoing management. Provide best in class service to internal and external stakeholders.
  • Perform marketing activities including maintenance of key producer and client relationships. Regularly meet with clients formally and informally. Keep up to date pertinent market developments.
  • Implement ceded reinsurance actions in accordance with Arch Insurance and business unit guidelines.
  • Support LOB Head in development and implementation of business planning, data analysis, management and Lloyd’s reporting.
  • Support LOB Head in development and mentoring of junior members of the underwriting team.

Role Requirements

Skills and Competencies

  • Technical and analytical skills
  • Client & broker relationship management
  • Regulatory & compliance awareness
  • Problem solving, negotiation & decision making
  • Strong interpersonal and leadership skills demonstrating an ability to teach, influence and motivate others
  • Strong written and verbal communication skills

Qualifications

  • University degree and professional certification desired with suitable underwriting experience
  • Knowledge and understanding of rating, coverage and regulations that cover the class of business.

Experience

  • Extensive experience in an underwriting position in the London / Lloyd’s Market.
  • Demonstrated competence in maintaining broker/client relationships.
  • Experience or demonstrated the aptitude to operate in a leadership / mentoring position within team structure.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

Senior Underwriter, Professional Liability in London employer: Arch Capital Group

At Arch Europe Insurance Services Ltd, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to reach their full potential. As a Senior Underwriter in the Professional Liability team, you will benefit from extensive professional development opportunities, a supportive environment for mentorship, and the chance to engage with industry leaders in the heart of London. Join us to be part of a dynamic team that not only values your expertise but also encourages you to drive meaningful change in the insurance landscape.
Arch Capital Group

Contact Detail:

Arch Capital Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Underwriter, Professional Liability in London

✨Network Like a Pro

Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.

✨Show Off Your Skills

When you get the chance to chat with potential employers, make sure to highlight your unique skills and experiences. We want to see how you can bring value to the team, so don’t hold back! Prepare some examples of your past successes to share during interviews.

✨Be Ready for the Unexpected

Interviews can throw curveballs, so stay flexible and ready to tackle any question or scenario. We recommend practising common interview questions and even some tricky ones. The more prepared you are, the more confident you’ll feel when it’s time to shine!

✨Apply Through Our Website

If you’re keen on joining us at Arch, make sure to apply through our website. It’s the best way to ensure your application gets seen by the right people. Plus, you can set up job alerts to stay updated on new openings that match your skills!

We think you need these skills to ace Senior Underwriter, Professional Liability in London

Underwriting Expertise
Risk Assessment
Pricing Exposures
Client Relationship Management
Regulatory Compliance Awareness
Problem Solving
Negotiation Skills
Decision Making
Interpersonal Skills
Leadership Skills
Written Communication Skills
Verbal Communication Skills
Data Analysis
Market Knowledge
Mentoring Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience in the London Market and any specific achievements in professional liability underwriting. We want to see how you can bring your expertise to our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills align with our company culture of collaboration and innovation. Let us know how you can help us enable possibility!

Showcase Your Skills: In your application, be sure to showcase your technical and analytical skills, as well as your ability to manage client and broker relationships. We’re looking for someone who can not only assess risks but also communicate effectively with stakeholders.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and keep track of it. Plus, you’ll get to explore more about our company and what we stand for!

How to prepare for a job interview at Arch Capital Group

✨Know Your Underwriting Inside Out

Make sure you brush up on your knowledge of professional liability underwriting, especially within the London Market. Be prepared to discuss specific cases you've worked on and how you assessed risks, as this will show your expertise and experience.

✨Showcase Your Relationship Management Skills

Since maintaining broker and client relationships is key, think of examples where you've successfully managed these interactions. Highlight your communication skills and any strategies you've used to build rapport with clients or colleagues.

✨Demonstrate Your Analytical Prowess

Be ready to talk about how you approach risk assessment and pricing. Prepare to explain your thought process when evaluating additional risk information and how you use data analysis in your decision-making.

✨Emphasise Your Leadership Qualities

If you've had experience mentoring junior team members, share those stories! Discuss how you've influenced and motivated others, as this aligns with the role's requirement for strong interpersonal and leadership skills.

Senior Underwriter, Professional Liability in London
Arch Capital Group
Location: London

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