At a Glance
- Tasks: Underwrite financial lines risks and build strong broker relationships.
- Company: Specialty MGA in London with a focus on growth and innovation.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for career advancement and exposure to international markets.
- Why this job: Join a thriving team and make an impact in the financial lines sector.
- Qualifications: 5+ years underwriting experience and strong broker network required.
Salary: £80,000 – £100,000 (Dependent on Experience)
Location: London
PURPOSE OF THE ROLE
Our client, a Specialty MGA, is seeking a Financial Lines Underwriter to support the continued growth of their financial lines portfolio. This role is suited to an established London Market Underwriter with a strong broker network and a hunter mentality, who thrives on meeting and engaging with brokers to generate new business. You will be responsible for underwriting financial lines risks across D&O, FI and Cyber, building and maintaining broker relationships, and contributing to portfolio growth across a range of industry sectors including solicitors, accountants and beyond.
RESPONSIBILITIES
- Underwrite financial lines risks across D&O, Financial Institutions and Cyber, covering both new business and renewals in line with underwriting appetite
- Develop and grow a profitable portfolio across a range of industry sectors
- Build and maintain strong broker relationships to support new business generation and retention
- Independently assess, rate and price risks in a timely and commercially sound manner
- Ensure underwriting decisions align with internal guidelines and regulatory requirements
- Produce accurate and compliant underwriting documentation
- Contribute to portfolio strategy, product development and market growth initiatives
- Maintain high service standards to support broker satisfaction and retention
- Ensure fair customer outcomes in line with regulatory expectations
- Carry out any additional duties as required
DAY TO DAY
- Review and assess incoming submissions within agreed service levels
- Liaise with brokers to negotiate terms and provide technical underwriting guidance
- Manage a portfolio of business, including renewals and mid-term adjustments
- Build relationships through regular broker interaction, both in-person and virtually
- Maintain accurate records across underwriting systems and documentation
- Collaborate with internal stakeholders to support underwriting strategy and growth
- Ensure all underwriting activity remains compliant with internal and market standards
EXPERIENCE
- Minimum 5+ years' underwriting experience within the London Market
- Proven experience underwriting financial lines risks (D&O, FI, Cyber)
- Open to candidates with exposure across various industry sectors including professional services
- Experience or exposure to international markets advantageous
- Strong broker relationships and demonstrable ability to generate new business
- Ability to manage and grow a portfolio profitably
- Strong analytical and decision-making capability
SKILLS
- Hunter mentality with a proactive, business development-focused approach
- Excellent relationship management and communication skills, with a genuine enjoyment of broker engagement
- Ability to assess complex risks and make sound underwriting decisions
- Strong organisational and time management skills
- Professional and confident approach when dealing with brokers and clients
- Ability to contribute to portfolio growth and strategic initiatives
EDUCATION / QUALIFICATIONS
- Progress towards or completion of ACII / FCII desirable
- Relevant underwriting experience within financial lines insurance
- Commitment to ongoing professional development
If you have the relevant experience or know someone that does, please contact us now or get in touch for a confidential discussion.
Financial Lines Underwriter employer: Lawes Group Recruitment
Join a dynamic Specialty MGA in London, where your expertise as a Financial Lines Underwriter will be valued and rewarded. With a competitive salary range of £80,000 – £100,000, we offer a collaborative work culture that prioritises professional growth and development, alongside the opportunity to build strong broker relationships in a thriving market. Our commitment to high service standards and fair customer outcomes ensures that you will play a crucial role in shaping our portfolio's success while enjoying the vibrant atmosphere of London's financial district.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Lines Underwriter
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Lawes Group Recruitment). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Lawes Group Recruitment. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Financial Lines Underwriter
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.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Lawes Group Recruitment.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Lawes Group Recruitment. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Lawes Group Recruitment
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Lawes Group Recruitment to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Lawes Group Recruitment, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Lawes Group Recruitment's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
