Underwriter: Professional Indemnity in London

Liberty Specialty Markets’ Professional Indemnity team in London is recruiting an Underwriter to underwrite primary and excess PI across a broad range of professions and jurisdictions. You will support the team in managing various risks from SME through larger corporate clients, contributing to underwriting discipline and portfolio performance. Working across a varied book of business with opportunities to develop technical skills and take on increasing responsibility, supporting senior underwriters in originating and developing business opportunities and contributing to team planning.

About the Department & Team

Professional Indemnity is a mature class of business at LSM having been in the market for over 40 years. Our underwriters provide over 100 years of combined professional indemnity experience and offer a broad range of products across multiple jurisdictions. We recognise that every business is different, so we work closely with brokers and clients to arrange cover with a view to establishing long‑term partnerships for mutual advantage. These client relationships are strengthened by our consistent underwriting approach across a diversity of professions and throughout the insurance market cycles. Our highly experienced underwriters have developed a suite of PI products which are suitable for all key professions.

Key Responsibilities

• Strategy and Planning: Follow the annual business plan and Professional Indemnity strategy document in order to make appropriate decisions. Contribute and participate in all meetings to share and develop strategy, knowledge and best practice. Contribute new ideas and concepts to support the development and delivery of the business plan. Work cross‑functionally with counterparts in other functions (e.g. Claims, Actuarial, Finance, Portfolio Management) to achieve objectives.
• Delivery: Establish and promote strong relationships with clients, brokers, business partners, reinsurers and colleagues to maximise influence and achieve business objectives. Represent Liberty’s interests with internal and external groups, and through participation in industry forums and corporate activity to safeguard or enhance Liberty’s market position. Underwrite insurance risks in accordance with the business plan and personal authority to meet business objectives, including negotiating rates, terms and conditions for existing and new business and complying with production and issue of documentation in accordance with contract certainty requirements.
• Policy, Process and Procedures: Compliance with all applicable internal and external laws, regulations, policies, procedures and guidance. Maintain accurate records, ensure timely responses to submissions and assist with underwriting administration. Adhere to underwriting standards, instructions and best practice methodology to minimise risk.

Skills and Experience

• Experience underwriting Professional Indemnity risks, with exposure to primary and excess layers.
• Understanding of class‑specific underwriting, reinsurance, and relevant regulatory requirements.
• Established or developing client and broker relationships.
• Effective communication and negotiation skills.
• Good analytical ability, numeracy, and attention to detail.
• Proficiency in Excel and relevant underwriting systems.
• Degree or professional qualification preferred (e.g. ACII or working towards).

About Liberty Specialty Markets (LSM)

Liberty Specialty Markets is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. We offer a breadth of world‑class insurance and reinsurance services to brokers and insureds in all major markets. Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation.

Company Culture & Benefits: Offering a vibrant and inclusive environment and committing to their career development. Promoting diversity, equity and inclusion (DEI). A supportive culture, which includes promoting a healthy work‑life balance and working flexibly.