Underwriter - Professional Indemnity
Underwriter - Professional Indemnity

Underwriter - Professional Indemnity

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

  • Tasks: Join our team as an Underwriter, focusing on risk analysis and business development.
  • Company: Vallum Associates is a global insurance agency with a strong reputation and innovative approach.
  • Benefits: Enjoy a competitive compensation package and an entrepreneurial work culture.
  • Why this job: This role offers career growth in a leading team with exciting challenges and opportunities.
  • Qualifications: 5+ years in Professional Lines underwriting and strong communication skills required.
  • Other info: Engage with top insurers and clients while working in a dynamic environment.

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

Vallum Associates are partnered with a global specialty insurance agency with exceptional expertise, a focus on complex products, and an award-winning, digitized operating model. They underwrite for close to 30 top-rated insurers and syndicates alongside their own Lloyd’s Syndicate. Offering worldwide access, coupled with local insights, across seven lines of business from seven regions. They harness the heritage of Lloyd’s and benefit from the market’s licenses and financial-strength ratings.

We are looking for an experienced underwriter to join the Professional Lines team in London. This is a rare opportunity to take a meaningful role in a market leading team and further develop your career.

Responsibilities
  • Execute underwriting strategy
  • Business development including identifying distribution, products and building relationships
  • Analysing risk, setting pricing and undertaking policy review
  • Underwriting in accordance with business plan and Underwriting Guidelines
  • Travel and engagement with intermediaries and clients
  • Monitor and report on key metrics
Skills, Experience and Education
  • 5 or more years’ experience in underwriting Professional Lines
  • Ability to develop business
  • Superior interpersonal skills and ability to work collaboratively with others
  • Strong written and oral communication skills
  • Highly focused, enthusiastic and creative thinker
  • Ability to work in a fast-paced environment
  • Ability to negotiate with sophisticated advisors and clients
  • Ability to be proactive, work independently and make decisions
  • Competency in drafting

This opportunity offers you a true entrepreneurial culture, a very competitive total rewards compensation package, reflecting growth of the business, and an opportunity to build and grow with this class of business.

If this role is of interest, get in touch with Louie York at Vallum Associates via the following contact details: E: DD: +44 204 513 6437 Mob: +44 7932 585269

Underwriter - Professional Indemnity employer: Vallum Associates

Vallum Associates is an exceptional employer, offering a dynamic and entrepreneurial culture that empowers underwriters to thrive in their careers. With a competitive total rewards compensation package and opportunities for professional growth within a market-leading team in London, employees benefit from a collaborative work environment that values innovation and strong interpersonal relationships. Joining Vallum means being part of a global specialty insurance agency that combines local insights with the heritage of Lloyd’s, ensuring a meaningful and rewarding career path.
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Contact Detail:

Vallum Associates Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriter - Professional Indemnity

✨Tip Number 1

Network with professionals in the insurance industry, especially those who specialise in Professional Indemnity. Attend industry events or webinars to connect with potential colleagues and learn more about the latest trends and challenges in underwriting.

✨Tip Number 2

Familiarise yourself with the specific underwriting guidelines and strategies used by Vallum Associates. Understanding their approach will help you demonstrate your alignment with their business model during interviews.

✨Tip Number 3

Prepare to discuss your previous experiences in business development and relationship building. Highlight specific examples where you've successfully identified new opportunities or improved client relationships, as these skills are crucial for this role.

✨Tip Number 4

Stay updated on the latest market trends and regulatory changes affecting Professional Lines underwriting. Being knowledgeable about current events will not only impress your interviewers but also show your commitment to the field.

We think you need these skills to ace Underwriter - Professional Indemnity

Underwriting Expertise
Risk Analysis
Pricing Strategy
Policy Review
Business Development
Relationship Building
Interpersonal Skills
Written Communication
Oral Communication
Negotiation Skills
Decision-Making
Proactive Approach
Ability to Work Independently
Competency in Drafting
Adaptability in Fast-Paced Environments

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in underwriting Professional Lines. Emphasise relevant skills such as risk analysis, pricing strategies, and your ability to build relationships with clients and intermediaries.

Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific experiences that demonstrate your superior interpersonal skills and your ability to work collaboratively in a fast-paced environment.

Highlight Relevant Experience: In your application, clearly outline your 5 or more years of experience in underwriting. Provide examples of how you've successfully executed underwriting strategies and contributed to business development.

Proofread Your Application: Before submitting, carefully proofread your application for any grammatical errors or typos. A well-written application reflects your strong written communication skills, which are crucial for this role.

How to prepare for a job interview at Vallum Associates

✨Showcase Your Experience

Make sure to highlight your 5+ years of experience in underwriting Professional Lines. Prepare specific examples of past successes and challenges you've faced, as this will demonstrate your expertise and ability to handle the responsibilities of the role.

✨Demonstrate Business Development Skills

Since the role involves business development, be ready to discuss how you've identified distribution channels and built relationships in previous positions. Share any strategies that have worked for you in the past to show your proactive approach.

✨Communicate Clearly

Strong written and oral communication skills are essential for this position. Practice articulating your thoughts clearly and concisely, especially when discussing complex underwriting concepts or risk analysis.

✨Prepare for Negotiation Scenarios

Given the need to negotiate with sophisticated advisors and clients, think of scenarios where you've successfully negotiated terms or pricing. Be prepared to discuss your negotiation style and how you adapt to different situations.

Underwriter - Professional Indemnity
Vallum Associates
V
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