At a Glance
- Tasks: Underwrite complex professional indemnity risks and negotiate terms with insurers.
- Company: Leading London-based insurance broker with a dynamic, market-leading environment.
- Benefits: Competitive salary, hybrid working, 25 days holiday, and pension scheme.
- Why this job: Join a prestigious team and work on high-profile corporate clients and complex risks.
- Qualifications: Proven experience in PI underwriting and strong technical knowledge.
- Other info: Opportunity for career progression and mentoring junior underwriters.
The predicted salary is between 36000 - 60000 £ per year.
We're working with a leading London-based insurance broker who are looking to recruit a Senior Professional Indemnity (PI) Underwriter to join their specialist underwriting team. This is a high-profile role offering the opportunity to work on complex PI risks for corporate clients, providing tailored underwriting solutions and supporting business growth in a dynamic, market-leading environment.
The Role:
- As a Senior PI Underwriter, you'll take responsibility for underwriting a portfolio of professional indemnity risks, assessing exposures, negotiating terms, and placing business with insurers.
- You will work closely with brokers and clients to provide technical expertise and deliver excellent service.
Key Responsibilities:
- Underwriting complex professional indemnity risks across multiple sectors
- Assessing risk, terms, and pricing to deliver profitable business
- Negotiating with insurers and managing placements
- Advising brokers and clients on technical and coverage matters
- Monitoring portfolio performance and managing risk exposure
- Mentoring junior underwriters and providing technical guidance
- Ensuring compliance with underwriting guidelines, internal procedures, and FCA regulations
About You:
- Proven experience in Professional Indemnity underwriting
- Strong technical knowledge of PI lines, including Directors & Officers, Cyber, and E&O
- Confident dealing with brokers and senior clients
- Excellent analytical, negotiation, and decision-making skills
- Able to manage a portfolio and work independently
- FCA-compliant, with strong attention to regulatory standards
- CII-qualified desirable but not essential
What's on Offer:
- Competitive salary, reflecting experience and seniority
- Hybrid working options
- 25 days holiday plus bank holidays
- Pension scheme and other benefits
- Opportunity to work with high-profile corporate clients and complex risks
- Career progression and professional development within a leading underwriting team
This is an excellent opportunity for a technically strong Senior PI Underwriter to join a prestigious London team, working on complex professional indemnity risks while contributing to business growth and mentoring junior colleagues. Apply today or contact us in confidence for more information.
Senior PI Underwriter in London employer: STRIDE RESOURCE MANAGEMENT LTD
Contact Detail:
STRIDE RESOURCE MANAGEMENT LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior PI Underwriter in London
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or attend local insurance events. We all know that sometimes it’s not just what you know, but who you know that can land you that Senior PI Underwriter role.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge of PI lines. We recommend practising common interview questions and scenarios related to underwriting complex risks. Show them you’re the expert they need!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! We’ve got a streamlined process that makes it easy for you to showcase your skills. Plus, it gives us a chance to see your application first-hand and connect with you directly.
We think you need these skills to ace Senior PI Underwriter in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in Professional Indemnity underwriting. We want to see how your skills match the role, so don’t be shy about showcasing your technical knowledge and any relevant qualifications.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Senior PI Underwriter role. Mention specific experiences that demonstrate your analytical and negotiation skills, and how you’ve successfully managed portfolios in the past.
Showcase Your Soft Skills: While technical expertise is crucial, we also value strong interpersonal skills. Highlight your ability to work with brokers and clients, and how you’ve mentored junior colleagues. This will show us you’re not just a numbers person but also a team player.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. Plus, it makes the process smoother for everyone involved!
How to prepare for a job interview at STRIDE RESOURCE MANAGEMENT LTD
✨Know Your PI Inside Out
Make sure you brush up on your knowledge of Professional Indemnity insurance, especially the specific lines mentioned in the job description like Directors & Officers, Cyber, and E&O. Being able to discuss these topics confidently will show that you're not just familiar with the basics but have a deep understanding of the complexities involved.
✨Showcase Your Negotiation Skills
Since negotiating terms is a key part of the role, prepare examples from your past experiences where you've successfully negotiated with insurers or clients. Highlight your analytical skills and decision-making process during these negotiations to demonstrate your capability in handling complex PI risks.
✨Prepare for Technical Questions
Expect to be asked technical questions related to underwriting and risk assessment. Review common scenarios and how you would approach them. This will not only help you answer questions effectively but also showcase your expertise and ability to provide tailored solutions.
✨Emphasise Mentorship Experience
If you've had experience mentoring junior underwriters, be sure to bring this up during the interview. Discuss how you've guided others and contributed to their development. This will highlight your leadership skills and your commitment to fostering a collaborative team environment.