Professional Indemnity Underwriter
Professional Indemnity Underwriter

Professional Indemnity Underwriter

Full-Time 50000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team to shape underwriting strategies and drive financial success.
  • Company: Victor, a dynamic insurance company with a vibrant culture.
  • Benefits: Professional development, flexible working, and a supportive environment.
  • Other info: Inclusive workplace with opportunities to collaborate and innovate.
  • Why this job: Make an impact in the financial lines insurance market while growing your career.
  • Qualifications: 2+ years in financial lines underwriting and a passion for learning.

The predicted salary is between 50000 - 60000 £ per year.

We are seeking an experienced Financial Lines/Commercial Underwriter to join the Underwriting team at Victor. This role can be based in Bristol, Leeds, Witham or London and expects a presence in the Bristol office once per month; remaining time is flexible for hybrid working.

Responsibilities

  • Contribute to and implement underwriting strategy for all products within the established risk appetite.
  • Directly contribute towards financial KPIs, balancing revenue achievement with underwriting profitability.
  • Deliver Victor service levels on all authorised products.
  • Ensure adherence to regulatory requirements, guidelines and working practices.
  • Spot distribution trends and report on broker behaviours.
  • Manage quality and peer review requirements to identify areas for underwriting and product improvement.
  • Act within underwriting authority.
  • Maintain in-depth knowledge of relevant class/product specialisms.
  • Keep pace with market trends and developments for authorised industry segments.
  • Build strong relationships with broking and capacity partners.
  • Collaborate with internal stakeholders.

Required Qualifications

  • Good understanding of the financial lines insurance market.
  • At least 2 years of financial lines underwriting experience.
  • Experience holding underwriting authority for the chosen class of business.
  • Knowledge of the in-scope product and trade range.
  • Experience working in teams and a record of delivering results.
  • Progress toward a CII qualification desirable or equivalent experience.

Desirable Attributes

  • Financial Lines Underwriting Experience.
  • Progress toward a CII qualification or equivalent experience.
  • Ability to handle a diverse workload with accuracy and efficiency.
  • Resilience and enthusiasm to thrive in a fast-paced environment and eagerness to learn.

Benefits & Culture

  • Professional development opportunities, interesting work and supportive leaders.
  • A vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact on colleagues, clients and communities.
  • Career opportunities and benefits to enhance well-being.

We are an equal opportunity employer. Marsh is committed to providing reasonable adjustments for candidates with a disability. If you need an accommodation, please contact reasonableaccommodations@mmc.com.

Professional Indemnity Underwriter employer: Victor UK

Victor is an excellent employer for those seeking a dynamic and supportive work environment in the financial lines insurance sector. With flexible hybrid working arrangements and a vibrant culture that fosters professional development, employees are encouraged to grow their skills while contributing to meaningful projects. The company's commitment to inclusivity and well-being ensures that every team member can thrive and make a significant impact within the organisation.
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Contact Detail:

Victor UK Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Professional Indemnity Underwriter

✨Tip Number 1

Network like a pro! Reach out to your connections in the financial lines insurance market. Attend industry events or webinars, and don’t be shy about introducing yourself to potential employers. We all know that sometimes it’s not just what you know, but who you know!

✨Tip Number 2

Prepare for those interviews by researching the company inside out. Understand their underwriting strategy and recent market trends. We want you to walk in with confidence, ready to discuss how your experience aligns with their goals. Show them you’re not just another candidate!

✨Tip Number 3

Practice makes perfect! Get a friend or mentor to do mock interviews with you. Focus on articulating your financial lines underwriting experience and how you’ve contributed to KPIs in past roles. We want you to nail those tough questions and stand out from the crowd!

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive and engaged. So, get your application in and let’s make this happen together!

We think you need these skills to ace Professional Indemnity Underwriter

Financial Lines Underwriting
Underwriting Strategy Implementation
Regulatory Compliance
Market Trend Analysis
Broker Relationship Management
Team Collaboration
CII Qualification Progression
Workload Management
Accuracy and Efficiency
Resilience in Fast-Paced Environments
Communication Skills
Analytical Skills
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Professional Indemnity Underwriter role. Highlight your financial lines underwriting experience and any relevant qualifications. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our underwriting strategy. Keep it engaging and personal – we love to see your personality come through.

Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements in previous roles. Use specific examples that demonstrate your ability to meet financial KPIs and manage underwriting authority effectively. We’re all about results!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, you’ll get to explore more about our vibrant culture while you’re at it!

How to prepare for a job interview at Victor UK

✨Know Your Financial Lines Inside Out

Make sure you brush up on your knowledge of the financial lines insurance market. Be prepared to discuss specific products and trends, as well as how they relate to the role. This shows that you're not just familiar with the basics but are genuinely interested in the field.

✨Demonstrate Your Underwriting Authority Experience

Since the role requires underwriting authority, be ready to share examples from your past experience where you've successfully managed risk and made decisions. Highlight any KPIs you’ve achieved and how you balanced revenue with profitability.

✨Showcase Your Teamwork Skills

Victor values collaboration, so think of instances where you've worked effectively in a team. Discuss how you contributed to group goals and how you handled any challenges. This will demonstrate your ability to fit into their vibrant culture.

✨Prepare Questions About Their Strategy

Come equipped with thoughtful questions about Victor's underwriting strategy and how they adapt to market trends. This not only shows your interest in the company but also your proactive approach to understanding their business.

Professional Indemnity Underwriter
Victor UK

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