At a Glance
- Tasks: Underwrite and develop a diverse portfolio of international professional indemnity business.
- Company: Join MS Amlin, a leader in the Lloyd's casualty market with over 30 years of experience.
- Benefits: Enjoy competitive salary, performance bonuses, and hybrid working flexibility.
- Other info: Be part of a diverse workplace that values collaboration and inclusion.
- Why this job: Make a real impact by driving client experiences and shaping innovative insurance solutions.
- Qualifications: Strong networking, influencing skills, and a good understanding of risk and regulatory requirements.
The predicted salary is between 60750 - 74250 £ per year.
The Senior Underwriter - Professional Indemnity is responsible for underwriting and developing a portfolio of international professional indemnity business, taking the lead on specific client portfolios in accordance with the Casualty business plan. MS Amlin has been a long-term participant in the Lloyd's casualty market and has offered professional indemnity solutions for over 30 years. The book is a diverse portfolio of international (non US) professional liability business, covering a variety of professions across a number of industry sectors.
The business we write is deliberately non-commoditised, allowing us to differentiate through product, underwriting approach and claims proposition. We prefer a primary or lead position, where we can get closer to the client and drive the client experience from product design through to claims management.
- Ensure risks are written within agreed parameters, making sound long-term decisions with a focus on smart, rational underwriting.
- Undertake analysis to identify new business opportunities, products and clients, building a robust business case for each.
- Provide effective oversight of and input into underwriting performance, operating within agreed authorities and ensuring underwriting controls are properly managed.
- Participate in product forum and client segmentation activity, challenging and responding to challenge on product performance.
- Drive the client experience through the efficient oversight of issues raised, including liaison to bring complaints and claims to an effective conclusion.
- Engage with central functions such as Claims so that services and resources are available to deliver plans and strategies.
In addition to your key responsibilities, you will be expected to conduct your role in accordance with the company's Business Ethics policy, and manage the business you write so it complies with relevant risk, regulatory and legal requirements and with Group policies.
A good understanding of relevant risk, regulatory and legal requirements is essential. Strong networking, influencing and negotiating skills, and excellent communication are required. An appetite for building a differentiated professional indemnity proposition is also important.
At MS Amlin, we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together; our teams typically do 3 days a week in the office.
We will build a workplace where all talent is welcomed, and everyone has the opportunity to influence how the business works. We have dedicated employee resource groups that support our Diversity, Equity, and Inclusion (DE&I) goals.
Sr Underwriter in London employer: MS Amlin
At MS Amlin, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London. Our hybrid working model promotes flexibility and collaboration, allowing employees to thrive while contributing to our innovative Enterprise Data Platform. With a strong focus on employee growth, diversity, and inclusion, we provide ample opportunities for professional development and a supportive culture that values every individual's unique strengths.
StudySmarter Expert Advice🤫
We think this is how you could land Sr Underwriter in London
✨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 MS Amlin). 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 MS Amlin. 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 Sr Underwriter in London
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 MS Amlin.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at MS Amlin. 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 MS Amlin
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at MS Amlin 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 MS Amlin, 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 MS Amlin'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.
