At a Glance
- Tasks: Join our team to manage underwriting activities and build strong broker relationships.
- Company: Victor, a leading firm in the insurance industry with a vibrant culture.
- Benefits: Flexible hybrid working, professional development, and a supportive work environment.
- Other info: Inclusive workplace with diverse career opportunities and a commitment to well-being.
- Why this job: Make a real impact in the insurance sector while developing your career.
- Qualifications: 2+ years in financial lines underwriting and knowledge of Professional Indemnity insurance.
The predicted salary is between 50000 - 60000 £ per year.
We are seeking an experienced Professional Indemnity Underwriter to join the Underwriting team at Victor. This role can be based in either Bristol, Leeds, Witham or London office. There is an expectation to be in the Bristol office once per month with the wider team; however, the remaining time is flexible on hybrid working.
As an experienced Underwriter, you will carry out a wide range of underwriting activities relating to authorised products. The role will be involved in executing the company strategy and materially contributing to the achievement of our financial plans. You’ll be at the forefront of executing our company strategy, playing a pivotal role in achieving our financial goals while delivering exceptional customer service. Your expertise will shine as you manage and forge strong relationships with our brokers, ensuring they receive top‑notch service and support.
We will rely on you to:
- Contribute to and implement the underwriting strategy for all products, working within our established risk appetite.
- Directly contribute towards financial KPI’s, including balancing the achievement of revenue without any detriment to underwriting profitability.
- Deliver Victor service levels on all authorised products.
- Have significant awareness of and ensure adherence to all regulatory requirements, guidelines and working practices – both internally and externally.
- Spot distribution trends and report back on broker behaviours.
- Manage quality first and underwriting peer review requirements to identify areas for underwriting and product improvement.
- Act within underwriting authority.
- Have an in-depth knowledge of relevant class/product specialisms.
- Keep pace with market trends and developments for authorised industry segments.
- Build strong relationships with broking and capacity partners.
- Build strong relationships with internal stakeholders.
What you need to have:
- Good understanding of the Professional Indemnity insurance market.
- At least 2 years financial lines underwriting experience.
- Have held underwriting authority for chosen class of business previously.
- Knowledge of the in-scope product and trade range.
- Experience of working in teams and a successful record of delivering results.
- Progress towards CII qualification desirable or equivalent experience.
What makes you stand out:
- Progress towards a CII qualification or equivalent experience is a plus.
- The ability to handle a diverse workload with accuracy and efficiency.
- Resilience and enthusiasm to thrive in a fast‑paced environment while eager to learn.
Why join our team:
- We help you be your best through professional development opportunities, interesting work and supportive leaders.
- We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
- Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well‑being.
- We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@mmc.com.
Professional Indemnity Underwriter employer: Marsh
At Victor, we pride ourselves on being an excellent employer, offering a vibrant and inclusive work culture that fosters professional development and collaboration. With flexible hybrid working arrangements and a commitment to employee well-being, our team members enjoy meaningful work alongside talented colleagues, all while contributing to the achievement of our financial goals. Join us in one of our dynamic offices in Bristol, Leeds, Witham, or London, where you can thrive in a supportive environment that values your expertise and encourages growth.
StudySmarter Expert Advice🤫
We think this is how you could land Professional Indemnity Underwriter
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Expertise
When you get the chance to chat with potential employers or during interviews, make sure to highlight your knowledge of the Professional Indemnity insurance market. Share specific examples of how you've contributed to financial goals in previous roles.
✨Be Ready for the Unexpected
Interviews can throw curveballs, so prepare for questions that test your problem-solving skills and adaptability. Think about scenarios where you’ve had to manage diverse workloads or navigate regulatory challenges.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Victor.
We think you need these skills to ace Professional Indemnity Underwriter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Professional Indemnity Underwriter role. Highlight your relevant experience, especially in financial lines underwriting, and showcase any achievements that align with the job description.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Use it to express your enthusiasm for the position and how your skills can contribute to our underwriting strategy and financial goals.
Showcase Your Knowledge:Demonstrate your understanding of the Professional Indemnity insurance market in your application. Mention any specific trends or regulations you’re aware of, as this will show us you’re on top of your game.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team.
How to prepare for a job interview at Marsh
✨Know Your Stuff
Make sure you brush up on your knowledge of the Professional Indemnity insurance market. Be ready to discuss recent trends and how they might impact underwriting decisions. This shows that you're not just experienced, but also engaged with the industry.
✨Showcase Your Experience
Prepare specific examples from your past roles where you've successfully managed underwriting activities or contributed to financial KPIs. Highlighting your achievements will demonstrate your capability and how you can add value to the team at Victor.
✨Build Rapport
Since relationship management is key in this role, think about how you can connect with your interviewers. Practice discussing how you've built strong relationships with brokers and internal stakeholders in the past. A friendly, personable approach can go a long way!
✨Ask Insightful Questions
Prepare thoughtful questions about Victor's underwriting strategy and how they measure success. This not only shows your interest in the role but also gives you a chance to assess if the company aligns with your career goals.
