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
Howden is an exceptional employer that champions employee ownership and fosters a collaborative culture, making it an ideal place for Underwriters in the construction sector. With flexible working arrangements, a commitment to diversity and inclusion, and ample opportunities for career progression, employees are empowered to shape their own paths while being supported by a dynamic international team. Joining Howden means becoming part of a forward-thinking organisation that values innovation and personal development in a thriving global environment.
