At a Glance
- Tasks: Underwrite accounts, develop broker relationships, and focus on new business production.
- Company: Join Sompo, a global leader in professional indemnity insurance.
- Benefits: Competitive salary, health benefits, tuition reimbursement, and professional development opportunities.
- Other info: Dynamic workplace with a commitment to diversity and personal growth.
- Why this job: Make a real impact in a collaborative environment while developing your underwriting skills.
- Qualifications: Experience in underwriting and strong communication skills are essential.
The predicted salary is between 60000 - 75000 £ per year.
Are you looking for your next opportunity? Sompo has a unique opportunity for a Regional Senior Underwriter in our Professional Indemnity team in our UK business. The Professional Indemnity team, established in 2014, boasts a robust network of brokers and provides a comprehensive range of professional indemnity products. We have a broad appetite offering the potential to develop your underwriting acumen and sector expertise within a team structure that encourages personal development.
Location: This position will be based out of our Manchester office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.
What you’ll be doing:
- Underwriting - Full and thorough underwriting of all accounts in accordance with underwriting guidelines and individual authority granted by management.
- Profitability - Focus on profitability of portfolio.
- Production – working to develop our strategic broking relationships in the regional markets.
- New Business - strong focus on new business production.
- Renewal Retention - focus on renewal retention. Target to be set with unit head.
- Service - Implementation of first-class underwriting Service, building a strong reputation that is recognised as superior in the industry.
- Broker maintenance - continuous engagement with brokers including regular catchups, meetings, entertainment, etc.
- Communication - continuous input and feedback at PI underwriting meetings.
- Collaboration – to work with other lines of business to develop cross-sell opportunities.
- Administration – All risks to be filed electronically to the standard set by the unit head.
- Reporting – data analysis and regular review of portfolio as and when required by unit head.
What you’ll bring:
- Underwriting - Full and thorough underwriting of all accounts in accordance with underwriting guidelines and individual authority granted by management.
- Profitability - Focus on profitability of portfolio.
- Production – strong relationships with the regional market broking community.
- New Business - strong focus on new business production.
- Renewal Retention – ability to underwrite and negotiate renewals to retain our profitable business.
- Service - A first class underwriting Service, building a strong reputation that is recognised as superior in the Industry.
- Broker maintenance - continuous engagement with brokers including regular catchups, meetings, entertainment, etc.
- Communication – the willingness to provide continuous input and feedback at PI underwriting meetings.
- Administration – Strong administration skills to ensure orderly management of our files.
- Reporting – a keen interest in data analysis to be able to provide a regular review of the portfolio as and when required by unit head.
At Sompo, we recognise that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees. Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance. We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents.
Who we are and what we stand for:
At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide.
Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.
AVP Senior Pi Underwriter in Manchester employer: Endurance Business Services
Sompo is an exceptional employer that prioritises employee growth and collaboration within its Manchester office. With a strong focus on professional development, competitive compensation, and a commitment to diversity and inclusion, employees are empowered to thrive in their careers while contributing to a meaningful purpose. The supportive work culture fosters long-lasting relationships and offers unique benefits such as tuition reimbursement and global parental leave, making it an attractive place for professionals seeking rewarding opportunities in the insurance industry.
Contact Details:
Endurance Business Services Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land AVP Senior Pi Underwriter in Manchester
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We think you need these skills to ace AVP Senior Pi Underwriter in Manchester
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
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How to prepare for a job interview at Endurance Business Services
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Endurance Business Services to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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