Senior Underwriter, Professional Liability
Senior Underwriter, Professional Liability

Senior Underwriter, Professional Liability

Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Assess risks, price exposures, and maintain relationships with clients and brokers.
  • Company: Join a collaborative company that inspires progress and innovation.
  • Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
  • Why this job: Make a real impact in the insurance industry while developing your leadership skills.
  • Qualifications: University degree, professional certification, and extensive underwriting experience required.
  • Other info: Dynamic role with mentorship opportunities and a focus on teamwork.

The predicted salary is between 43200 - 72000 £ per year.

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibilityâ„ .

Key Responsibilities

  • Assessment of suitability of risks (renewals and new business), pricing exposures in accordance with approved rating model, discretionary pricing mechanisms, and general business unit guidelines.
  • Identify the need for and evaluate additional risk assessment information including Underwriter Representatives’ reports, actuarial and financial reports and statements; and any / all other publicly available information.
  • Source input from, and work in conjunction with stakeholders in other departments including claims, actuarial, and operations.
  • Maintain ongoing liaison with producers to obtain supplemental underwriting information, evaluate risks, decline risks, analyse and interpret coverage, explain underwriting requirements and expectations, and present terms.
  • Oversee risks through the life-cycle of a policy: pre-renewal, renewal, ongoing management. Provide best in class service to internal and external stakeholders.
  • Perform marketing activities including maintenance of key producer and client relationships. Regularly meet with clients formally and informally. Keep up to date pertinent market developments.
  • Implement ceded reinsurance actions in accordance with Arch Insurance and business unit guidelines.
  • Support UWM and LOB Head in development and implementation of business planning, data analysis, management and Lloyd’s reporting.
  • Support UWM and LOB Head in development and mentoring of junior members of the underwriting team.

Role Requirements

Skills / Competencies

  • Technical and analytical skills
  • Client & broker relationship management
  • Regulatory & compliance awareness
  • Problem solving, negotiation & decision making
  • Strong interpersonal and leadership skills demonstrating an ability to teach, influence and motivate others
  • Strong written and verbal communication skills

Qualifications

  • University degree and professional certification desired with suitable underwriting experience
  • Knowledge and understanding of rating, coverage and regulations that cover the class of business.

Experience

  • Extensive experience in an underwriting position.
  • Demonstrated competence in maintaining broker/client relationships.
  • Experience or demonstrated the aptitude to operate in a leadership / mentoring position within team structure.

Senior Underwriter, Professional Liability employer: Mcneil & Co.

At Arch Insurance, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to reach their full potential. With hybrid working options available across key UK locations such as London, Manchester, and Birmingham, we offer a supportive environment that encourages professional growth and development. Our commitment to excellence in service and mentorship ensures that as a Senior Underwriter, you will not only contribute to our clients' success but also enhance your own career trajectory within a dynamic team.
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Contact Detail:

Mcneil & Co. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Underwriter, Professional Liability

✨Network Like a Pro

Get out there and connect with people in the industry! Attend events, join online forums, or even hit up LinkedIn. The more you engage, the better your chances of landing that Senior Underwriter role.

✨Show Off Your Skills

When you get the chance to chat with potential employers, don’t hold back! Highlight your technical and analytical skills, and share examples of how you've managed client relationships. We want to see your expertise shine!

✨Ask Questions

During interviews or networking chats, ask insightful questions about the company culture and the team dynamics. This shows you're genuinely interested and helps you figure out if it's the right fit for you too!

✨Apply Through Our Website

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Senior Underwriter, Professional Liability

Underwriting Skills
Risk Assessment
Pricing Exposures
Client Relationship Management
Regulatory Compliance Awareness
Problem Solving
Negotiation Skills
Decision Making
Interpersonal Skills
Leadership Skills
Written Communication Skills
Verbal Communication Skills
Data Analysis
Mentoring Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Underwriter role. Highlight your relevant experience in professional liability underwriting and any specific skills that match the job description. We want to see how you can bring your expertise to our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share your passion for underwriting and how your background aligns with our company culture of collaboration and innovation.

Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use quantifiable results to demonstrate how you've successfully managed risks or improved processes in your previous roles. We love seeing how you’ve made an impact!

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application directly and ensures you don’t miss out on any important updates from our team!

How to prepare for a job interview at Mcneil & Co.

✨Know Your Stuff

Make sure you brush up on your technical and analytical skills related to professional liability underwriting. Familiarise yourself with the latest regulations, rating models, and coverage specifics. This will not only help you answer questions confidently but also show that you're genuinely interested in the role.

✨Showcase Your Relationship Skills

Since this role involves maintaining broker and client relationships, be prepared to discuss your past experiences in managing these relationships. Think of specific examples where you successfully navigated challenges or built strong connections. This will demonstrate your interpersonal skills and ability to influence others.

✨Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving and decision-making abilities. Practice articulating how you would handle various underwriting situations, such as evaluating risks or negotiating terms. This will help you think on your feet during the interview.

✨Ask Insightful Questions

At the end of the interview, don’t shy away from asking questions. Inquire about the company culture, team dynamics, or recent market developments. This shows your enthusiasm for the role and helps you gauge if the company is the right fit for you.

Senior Underwriter, Professional Liability
Mcneil & Co.

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