At a Glance
- Tasks: Lead technical underwriting discussions and shape market initiatives in the energy sector.
- Company: Join the Lloyd's Market Association, a leader in specialty risk management.
- Benefits: Enjoy flexible working, competitive pension, generous leave, and a supportive environment.
- Other info: Collaborative culture focused on innovation and inclusivity.
- Why this job: Make a real impact in the insurance market while building your professional profile.
- Qualifications: Experience in the Lloyd’s market and strong communication skills are essential.
The predicted salary is between 55000 - 65000 £ per year.
This is a market-facing technical underwriting support role operating at the centre of the Lloyd’s and London specialty market, with a strong focus on collaboration and strategic influence across the market. Supporting the LMA’s energy underwriting community (onshore and offshore), the role offers a unique opportunity to shape technical underwriting practices, market guidance and collective initiatives, with flexibility to contribute across other lines of business as required.
Working closely with underwriting committees and LMA members, the role provides technical expertise, coordination and advocacy on issues that matter most to the market. As a trusted partner to the Head of Technical Underwriting, you will lead and facilitate technical discussions, shape underwriting guidance, coordinate market-facing initiatives and deliver practical solutions to complex market challenges.
This is a highly visible role that offers direct exposure to senior stakeholders across multiple managing agents and industry bodies. It provides the opportunity to build a strong profile while contributing to the future direction of specialist underwriting classes.
The Lloyd’s Market Association (LMA) represents the interests of 59 Lloyd’s managing agents and members’ agents. The purpose of the LMA is to make the market a better place and in so doing, maintain the Lloyd’s market’s position as the pre-eminent leader in specialty and commercial risk. We seek to make the market a better place in five fundamental ways:
- Advocating on behalf of our members with key stakeholders, including governments, regulators and the Corporation of Lloyd’s.
- Providing technical and professional support, from developing model policy wordings to providing guidance on regulatory and legislative requirements.
- Supporting the ongoing development of underwriting, claims, finance, risk and operations professionals through the award-winning LMA Academy.
- Driving forward a digitalisation agenda for the market.
- Advocating for advancing the market’s inclusive culture.
Collaboration is at the core of what we do. We engage closely with our members to understand and tackle the issues that matter most, and we partner with Lloyd’s and other market associations to help shape the future of the marketplace.
Job Purpose
To support and represent LMA members by providing technical expertise, leadership and coordination across the LMA’s energy underwriting committees and to other business areas as required. The role will lead and facilitate committee activity, influence technical discussions and contribute to the development of market guidance, helping to shape current and future market initiatives.
Key Responsibilities
- Lead and support LMA committees and working groups, including facilitating discussions, setting agendas, capturing outputs and ensuring delivery of agreed actions.
- Act as a credible and authoritative representative of the LMA, confidently influencing senior underwriters and LMA members and contributing to complex technical discussions.
- Provide subject matter expertise on underwriting issues across energy business, with the willingness to get involved in other lines of business as required.
- Lead, initiate, manage and deliver technical underwriting projects in response to market needs and strategic priorities.
- Draft, review and contribute to policy wordings, clauses, reports and other market-facing documentation to a high professional standard.
- Build and maintain strong working relationships with underwriting committees, managing agents and LMA members, as well as relevant bodies including Lloyd’s and industry organisations.
- Respond to LMA member enquiries in a timely and appropriate manner.
- Line manage and support the development of one direct report.
- Other duties from time to time as the LMA may reasonably require.
Person Specification
Technical Skills, Experience and Knowledge
- Extensive practical experience in the Lloyd’s and/or London insurance market.
- Deep understanding of energy insurance (onshore and offshore) is essential, with the ability to apply this expertise across specialty lines such as aviation, marine or engineering risks where required.
- Demonstrable experience in underwriting, claims, legal, compliance or equivalent technical insurance discipline.
- Proven experience in policy wording development, clause drafting and producing high-quality technical written outputs.
- Excellent written and verbal communication skills, with a particular emphasis on drafting, report writing and clearly articulating complex technical concepts.
Key Behaviours
- Communication: Communicates complex technical topics clearly and confidently to senior market audiences, adapting approach to suit different contexts.
- Stakeholder management and influence: Builds trust and credibility with senior stakeholders and uses influence to align differing viewpoints and drive market-wide initiatives forward.
- Problem-solving: Analyses complex and often ambiguous issues, thinking effectively both in the moment and reflectively to develop practical, sustainable solutions.
- Leadership and people management: Brings out the best in others by providing clear direction, encouragement and development opportunities, including for emerging market leaders and developing professionals.
This role requires flexibility to attend committee meetings and market engagements. While the LMA supports flexible working, attendance in the office will be required based on committee schedules (typically around three days per week).
LMA Values
The LMA firmly believes that robust values at the heart of the organisation bolster its performance and enable the successful execution of strategy. We have five primary values that we strive to embody across the business in everyday practice:
- Trusted: Our expertise and independence enable us to influence, support and positively impact the market.
- Passionate: We take pride in helping the market to succeed and achieve great outcomes for our members and their customers.
- United: As a representative voice of our members, we connect and work with our people and communities to build consensus around a common purpose.
- Bold: We strive to be adventurous in what we do, allowing us to lead, challenge and think innovatively.
- Inclusive: We enrich the marketplace by developing people and seeking ideas from a wide variety of backgrounds, cultures, and skills. We embrace a diverse and flexible workplace.
By encouraging these values internally, the LMA hopes that they will permeate beyond the business and into the marketplace, helping create a more dynamic, modern, and productive working environment.
Employee Benefits
The LMA offers a comprehensive package of employee benefits. These include but are not limited to:
- A competitive pension package with a generous employer contribution.
- An industry-leading flexible working policy, built on trust.
- A generous annual leave allowance, with the option to buy and sell holiday, plus additional paid leave for key life events.
Please note that all applicants must read and agree to our Candidate Privacy Notice before submitting an application.
Senior Executive, Technical Underwriting (6-month fixed-term contract) in London employer: Lloyd's Market Association
The Lloyd's Market Association (LMA) is an exceptional employer, offering a dynamic work environment at the heart of the London specialty market. With a strong emphasis on collaboration, employee development, and flexible working arrangements, the LMA empowers its staff to influence key market initiatives while enjoying a comprehensive benefits package, including a competitive pension and generous leave policies. This role not only provides exposure to senior stakeholders but also fosters personal growth through leadership opportunities and a commitment to inclusivity.
Contact Details:
Lloyd's Market Association Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Executive, Technical Underwriting (6-month fixed-term contract) in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks, especially those in the Lloyd’s market. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. The more people you know, the better your chances of landing that Senior Executive role.
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers or during interviews, make sure to highlight your deep understanding of energy insurance and your experience in technical underwriting. Use real examples to demonstrate how you've tackled complex challenges in the past.
✨Tip Number 3
Be proactive! Don’t just wait for job openings to pop up. Reach out directly to companies you’re interested in, like the LMA, and express your interest in contributing to their initiatives. Sometimes, creating your own opportunity is the best way to land the job.
✨Tip Number 4
Keep it professional but personable! When you’re in discussions or interviews, balance your technical knowledge with a friendly approach. Remember, they’re looking for someone who can lead and influence, so show them you can connect with people while being a subject matter expert.
We think you need these skills to ace Senior Executive, Technical Underwriting (6-month fixed-term contract) in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in technical underwriting, especially in the energy sector. We want to see how your skills align with the role and the LMA's mission.
Showcase Your Communication Skills:Since this role involves influencing senior stakeholders, it's crucial to demonstrate your excellent written communication skills. Use clear and concise language in your application to reflect your ability to articulate complex concepts.
Highlight Your Collaborative Spirit:Collaboration is key at the LMA, so share examples of how you've worked effectively in teams or led initiatives. We love seeing candidates who can build strong relationships and drive collective efforts.
Apply Through Our Website:For a smooth application process, make sure to apply directly through our website. This way, we can easily track your application and ensure it gets the attention it deserves!
How to prepare for a job interview at Lloyd's Market Association
✨Know Your Stuff
Make sure you brush up on your technical underwriting knowledge, especially in energy insurance. Be prepared to discuss specific cases or challenges you've faced in the past and how you tackled them. This will show that you not only understand the theory but can apply it practically.
✨Showcase Your Communication Skills
Since this role involves influencing senior stakeholders, practice articulating complex technical concepts clearly and confidently. You might want to prepare a few examples of how you've successfully communicated with different audiences in the past.
✨Demonstrate Collaboration
Highlight your experience working in teams and leading discussions. Think of instances where you facilitated committee activities or worked with diverse groups to achieve a common goal. This will resonate well with the LMA's focus on collaboration.
✨Be Ready for Problem-Solving
Prepare to discuss how you've approached complex issues in the past. The interviewers will likely be interested in your problem-solving skills, so think of specific examples where you analysed a challenge and developed a practical solution.