At a Glance
- Tasks: Join a dynamic team to underwrite international warranty and indemnity risks.
- Company: Expanding global managing general agent in the insurance sector.
- Benefits: Flexible hours, hybrid working, and a career path tailored to you.
- Other info: Supportive environment with opportunities for personal and professional growth.
- Why this job: Make an impact in a growing field while developing your professional skills.
- Qualifications: Qualified corporate solicitor or W&I underwriting experience required.
The predicted salary is between 50000 - 60000 £ per year.
A fantastic opportunity to join an expanding warranty & indemnity insurance underwriting team.
Full-time, based in London. Suitable for candidates with a corporate legal background and looking to move into the insurance sector, or with previous W&I underwriting experience. A clear route for progression to a more senior underwriter role for the right individual.
We are looking for an Underwriter to join an expanding warranty and indemnity insurance (W&I) underwriting team. The W&I team is part of a new global Transactional Risk (TR) team at an established and specialist global managing general agent (MGA). This role would suit a collaborative and commercially minded corporate solicitor looking to join the insurance market as well as those with current W&I experience.
Role responsibilities:
- Working alongside senior underwriters to underwrite international W&I risks (including the review and analysis of transaction documents such as share purchase agreements, disclosure letters, etc. and due diligence reports).
- Drafting and negotiating W&I policies to ensure the policy and coverage position is appropriate and within the team’s underwriting appetite and guidelines.
- Building and maintaining positive relationships within the market, in particular with W&I brokers and M&A lawyers, with the view to identifying and winning new opportunities.
- Supervising junior members of the W&I team in both preparing non-binding indications for new risks and supporting them more generally in their own development.
- Supporting the development of the expanding global TR team and encouraging cross-selling and knowledge sharing across all TR product lines.
Key requirements:
- Qualified corporate solicitor with at least 2 years post-qualification experience or insurance professionals with existing W&I underwriting experience.
- Experience in drafting, managing and/or underwriting due diligence reports for M&A transactions.
- Experience of working with W&I insurance.
- Detail-oriented and proactive team player.
- Strong interpersonal skills and an ability and desire to build and develop relationships with key W&I broker partners.
Benefits:
We offer a career that you define and value diversity, supporting you with reasonable adjustments to accommodate your needs.
Reasonable adjustments:
We provide reasonable accommodations, flexible hours, and hybrid working arrangements where possible.
Underwriter employer: DCR
Join a dynamic and expanding warranty and indemnity insurance underwriting team in London, where your corporate legal expertise can flourish in the insurance sector. We pride ourselves on a collaborative work culture that values diversity and offers flexible working arrangements, ensuring you can balance your professional and personal life. With clear pathways for career progression and opportunities to mentor junior team members, this role is perfect for those seeking meaningful growth in a supportive environment.
