At a Glance
- Tasks: Lead underwriting for international professional indemnity, managing client portfolios and broker relationships.
- Company: Join MS Amlin, a top player in the global insurance market with over 120 years of experience.
- Benefits: Enjoy competitive salary, performance bonuses, and hybrid working options for better work-life balance.
- Other info: Be part of a diverse workplace that values collaboration and inclusion.
- Why this job: Make a real impact in a dynamic team while shaping innovative insurance solutions.
- Qualifications: Strong experience in professional indemnity and excellent communication skills are essential.
The predicted salary is between 63000 - 77000 £ per year.
Role: Senior Underwriter - Professional Indemnity Location: London Position: Full time, permanent
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.
Our underwriters are at the heart of everything we do, and this is a key role within a small, dynamic team.
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.
The loss profile is typically low frequency but potentially high severity, with limited systemic exposure and limited correlation with economic and property market cycles.
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.
About The Job
While there is rarely a typical day, here's a snapshot of some of the key parts of the job:
- Generate and manage business on a client relationship basis within agreed portfolios and markets.
- Develop and maintain effective broker relationships, managing both new and existing broker and client relationships.
- Ensure risks are written within agreed parameters, making sound long term decisions with a focus on smart, rational underwriting.
- Ensure the effective delivery of client portfolio strategies and the business plan, aligned to profitable growth.
- Lead the strategic direction of the portfolio and the delivery of designated elements of the strategy and business plan.
- 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.
- Work in partnership with the other teams within the Casualty department and the broader business to leverage relationships and opportunities.
- 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.
- Effectively represent yourself and the business in external activities, groups and committees.
- Set the standard on client intimacy behaviours across the market, working in partnership across the region and with other entities to leverage relationships and opportunities.
- Act as an ambassador of our company, raising our profile in the market and proactively strengthening our reputation.
- Abide by MS Amlin's Conduct Rules and Values.
- What You'll Need Experience
- In depth knowledge, expertise and strong experience of the professional indemnity market.
- Experience, currently or previously, in the UK or international markets, with a good working knowledge of the London Market and broker channels. This is essential for the role.
- A good understanding of relevant risk, regulatory and legal requirements.
- A strong understanding of client intimacy and how it shapes portfolio strategy.
- Sound business acumen, with robust analytical skills and numerical aptitude.
- Strong networking, influencing and negotiating skills, and excellent communication.
- An appetite for building a differentiated professional indemnity proposition.
We are stronger together because of our common interests and rich differences.
You may be the strength we didn't know we needed.
What Can You Expect From Us?
- As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits - Benefits of working at MS Amlin | MS Amlin
- Hybrid Working 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.
- About MS Amlin
MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd's of London, the Middle East, and Asia Pacific.
With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world.
Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge.
At the core of our claims service is TRUST - Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise.
This defines how we manage claims and build lasting relationships.
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.
MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd's of London, the Middle East, and Asia Pacific.
With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world.
Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge.
At the core of our claims service is TRUST - Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise.
This defines how we manage claims and build lasting relationships.
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Senior Underwriter - Professional Indemnity employer: MS Amlin
MS Amlin is an excellent employer, offering a dynamic work environment in the heart of London where innovation meets operational excellence. With a strong focus on employee growth and development, the company provides ample opportunities for professional advancement while promoting a flexible hybrid working model that supports work-life balance. Join a team that values collaboration and resilience, making a meaningful impact in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter - Professional Indemnity
✨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 Senior Underwriter - Professional Indemnity
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.
