Head Of Underwriting - Financial Lines

  • £70000 - £90000 per annum + + package
  • City of London
  • Mw Appointments

Head of Underwriting / Senior Underwriter

As there is potential for this role to be worked remotely, our client is open to considering suitable candidates from any location within the U.K.

This role will suit an experienced senior PI/FL underwriter who is looking to take the next step in their career or an Underwriting Manager looking for a new challenge in a dynamic environment.

You will be responsible for your own P&L, leading the underwriting proposition, develop new products and lead relationship development with broker partners and capacity providers.

Underwrite P.I. / MPL / CYBER / D&O within the UK mid-market Financial Lines practice via a network of broker partners.

Responsibilities

Own the financial lines underwriting proposition

Design and keep under regular review the suitability of each products proposition to ensure that it meets the needs of regulator, broker and policyholders.

Monitoring market trends to ensure the proposition is competitive

Own the practice P&L to ensure delivery of the business plan

Communicate through detailed underwriting guides your requirements in terms of the execution of the practice strategy

Complete audits to monitor quality control (inc outputs of any digital distribution) and identify any consequent training needs

Ensure existing product suite is regularly reviewed and refreshed to ensure market competitive

Whether delegation exists or not, own and manage the claims proposition for the practice in line with appointed TPA or capacity provider direct

Identify and develop new product opportunities aligned to the practice

Take a key role in developing new key strategic distribution relationships

Take a leading role with insurers to ensure the MGA / capacity provider relationship is healthy and has longevity

Key Requirements

Excellent underwriting technical ability across Financial Lines products, in particular Professional Indemnity.

Excellent analytical ability

Self-motivated, proactive and good organisational skills

Excellent at communicating, negotiating, influencing and relationship building

Customer service orientated

Strong personal energy and results driven mentally

Innovative and open minded

Strong stakeholder management

Team worker including development and support

Ref ~ 7971

MW Appointments is acting as an Employment Agency in relation to this vacancy.

  • Advertiser: Agency
  • Reference: JO0000007917