258 Specialty Lines jobs in the United Kingdom
Senior Underwriter - Specialty Lines
Posted today
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Job Description
Key Responsibilities:
- Evaluate and underwrite complex specialty insurance risks, ensuring adherence to company guidelines and risk appetite.
- Develop and maintain strong relationships with brokers and clients to foster new business opportunities.
- Accurately assess risk exposures, determining appropriate coverage terms, conditions, and pricing.
- Analyse market trends, competitor activities, and emerging risks to inform underwriting strategies.
- Collaborate with claims, actuarial, and other departments to ensure a cohesive approach to risk management.
- Provide technical guidance and mentorship to junior underwriters.
- Negotiate terms and conditions with brokers to secure profitable business.
- Contribute to the development and refinement of underwriting policies and procedures.
- Prepare reports and presentations on underwriting performance and portfolio analysis.
- Ensure compliance with all relevant regulatory requirements and company standards.
The ideal candidate will possess a strong background in specialty lines underwriting, with a proven track record of success in a similar role. Extensive knowledge of various specialty insurance classes (e.g., Professional Indemnity, D&O, Cyber, Marine) is essential. Excellent analytical, decision-making, and negotiation skills are required. You should be adept at interpreting complex data, financial statements, and risk assessments. Strong communication and interpersonal skills are necessary to build and maintain effective relationships with internal and external stakeholders. A proactive approach and the ability to work independently in a remote environment are crucial. Our client offers a competitive salary, excellent benefits, and opportunities for professional development within a supportive and innovative organisation.Location: Edinburgh, Scotland, UK
Lead Underwriter - Specialty Lines
Posted today
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Job Description
Senior Underwriter (Specialty Lines)
Posted 1 day ago
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Job Description
Responsibilities:
- Underwrite and manage a portfolio of specialty insurance risks.
- Assess, select, and price complex insurance applications accurately.
- Determine appropriate policy terms, conditions, and coverage levels.
- Contribute to the development and refinement of underwriting strategies and guidelines.
- Build and maintain strong relationships with brokers and distribution partners.
- Conduct market analysis to identify trends and opportunities in specialty lines.
- Ensure underwriting decisions align with company profitability targets and risk appetite.
- Collaborate with claims, actuarial, and product development teams.
- Provide technical guidance and mentorship to junior underwriters.
- Monitor portfolio performance and implement corrective actions as needed.
- Bachelor's degree in Finance, Economics, Business, or a related field.
- Minimum of 7 years of progressive experience in specialty lines underwriting.
- Proven expertise in specific specialty insurance classes (e.g., Professional Indemnity, Cyber, D&O, Financial Institutions).
- Strong understanding of risk assessment, financial analysis, and market dynamics.
- Excellent decision-making, negotiation, and communication skills.
- Proficiency in underwriting software and standard office applications.
- Ability to work independently and manage a demanding workload remotely.
- Professional qualifications (e.g., CII, ACII) are highly desirable.
Senior Underwriter - Specialty Lines
Posted 2 days ago
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Job Description
- Evaluating and underwriting complex risks across various specialty insurance lines.
- Analyzing financial statements, loss histories, and market conditions to determine appropriate coverage and pricing.
- Developing and negotiating terms, conditions, and pricing for insurance policies.
- Managing a portfolio of accounts, ensuring profitability and adherence to underwriting guidelines.
- Building and maintaining strong relationships with brokers, agents, and clients.
- Collaborating with claims, legal, and product development teams to ensure comprehensive service delivery.
- Staying abreast of industry trends, regulatory changes, and emerging risks.
- Identifying opportunities for new product development and market expansion.
- Mentoring and training junior underwriters, sharing expertise and best practices.
- Contributing to the development and refinement of underwriting strategies and policies.
Senior Underwriter - Specialty Lines
Posted 2 days ago
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Job Description
Key responsibilities include:
- Evaluating, pricing, and underwriting specialty insurance risks across various classes (e.g., Professional Indemnity, Cyber Liability, D&O, Marine).
- Developing and implementing underwriting strategies to achieve profitable growth targets for assigned classes of business.
- Building and maintaining strong relationships with brokers and clients, understanding their needs and providing expert advice.
- Analyzing market trends, competitor activities, and regulatory changes to identify opportunities and mitigate risks.
- Authoring clear, concise, and accurate policy wordings and endorsements.
- Monitoring the performance of the underwriting portfolio, identifying trends, and recommending corrective actions as needed.
- Collaborating with claims, actuarial, and risk management teams to ensure a holistic approach to risk assessment and management.
- Contributing to the development and training of junior underwriters, sharing expertise and best practices.
- Representing the company at industry events and conferences, enhancing our brand presence.
- Ensuring compliance with all relevant regulatory requirements and internal underwriting guidelines.
The ideal candidate will possess a Bachelor's degree in Business, Finance, Law, or a related field, with a minimum of 7 years of underwriting experience, specifically within specialty lines of insurance. A strong understanding of complex insurance products, market dynamics, and risk assessment techniques is essential. Proven ability to develop and execute underwriting strategies, coupled with excellent analytical, negotiation, and decision-making skills, is required. Strong communication and interpersonal skills are crucial for effective broker and stakeholder engagement. ACII or equivalent professional qualification is highly desirable. The ability to work independently, manage a portfolio effectively, and thrive in a remote, fast-paced environment is key. This is an exceptional opportunity for an experienced underwriter to take on greater responsibility and contribute significantly to a globally recognized insurer, enjoying the flexibility of remote work.
Lead Underwriter, Specialty Lines
Posted 2 days ago
Job Viewed
Job Description
Key Responsibilities:
- Underwrite a portfolio of complex specialty insurance risks in accordance with company guidelines and profitability targets.
- Develop and maintain strong relationships with brokers and clients, understanding their evolving needs and market dynamics.
- Analyze financial statements, risk exposures, and loss histories to determine appropriate coverage, terms, and pricing.
- Approve or decline risks based on sound underwriting judgment and risk appetite.
- Collaborate with claims, actuarial, and legal departments to ensure comprehensive risk management strategies.
- Develop and implement underwriting strategies to achieve profitable growth within the specialty lines portfolio.
- Mentor and guide junior underwriters, providing technical expertise and fostering professional development.
- Monitor market trends, regulatory changes, and competitor activities to identify new opportunities and mitigate emerging risks.
- Contribute to the development and refinement of underwriting guidelines and procedures.
- Prepare detailed reports on portfolio performance, risk analysis, and market insights for senior management.
- A minimum of 7 years of progressive experience in insurance underwriting, with a strong focus on specialty lines (e.g., Professional Indemnity, D&O, Cyber, Construction).
- Proven track record of successfully underwriting complex risks and achieving profitability targets.
- Deep understanding of insurance principles, risk management, and relevant regulatory frameworks.
- Excellent analytical, decision-making, and problem-solving skills.
- Strong negotiation and communication abilities, with experience building and maintaining professional relationships.
- A relevant professional qualification (e.g., ACII, Dip CII) is highly desirable.
- Experience in team leadership or mentoring is a significant advantage.
- Ability to interpret complex data and financial information.
- Familiarity with the **Portsmouth, Hampshire, UK** insurance market is beneficial.
- Willingness to work a hybrid schedule, balancing remote work with essential in-office collaboration.
Senior Underwriter - Specialty Lines
Posted 3 days ago
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Job Description
Your primary duties will involve evaluating insurance applications, conducting thorough risk assessments, and determining appropriate coverage terms and conditions. You will work closely with brokers to understand their clients' needs, negotiate terms, and build lasting relationships. This role demands a sharp financial acumen, including the ability to analyze financial statements, market trends, and loss data to make informed underwriting decisions. You will also play a key part in developing and refining underwriting strategies, contributing to the overall profitability and market position of the company.
The ideal candidate will possess a comprehensive understanding of specialty insurance products, such as professional indemnity, cyber liability, or directors' and officers' liability. A minimum of 7 years of progressive underwriting experience is required, with a proven track record of success in managing a profitable book of business. Excellent communication, negotiation, and decision-making skills are paramount. Candidates should hold relevant professional qualifications (e.g., ACII) or demonstrate equivalent knowledge. This position offers a challenging and rewarding career opportunity within a highly respected insurance organization, with significant potential for professional development and career advancement.
Responsibilities:
- Underwrite complex specialty insurance risks.
- Analyze financial data and market trends to assess risk.
- Develop and maintain strong relationships with brokers and clients.
- Negotiate policy terms and conditions.
- Ensure profitability and adherence to underwriting guidelines.
- Contribute to underwriting strategy development.
Qualifications:
- Minimum 7 years of experience in specialty lines underwriting.
- Strong analytical and risk assessment skills.
- Excellent negotiation and communication abilities.
- Knowledge of relevant insurance products and markets.
- Professional insurance qualifications (e.g., ACII) are highly preferred.
- Proven ability to manage a profitable book of business.
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Senior Underwriter - Specialty Lines
Posted 3 days ago
Job Viewed
Job Description
Responsibilities:
- Underwrite and assess complex specialty insurance risks, including Professional Indemnity, Cyber, and Directors & Officers liability.
- Determine appropriate policy terms, conditions, and pricing to ensure profitability and market competitiveness.
- Manage a portfolio of specialty risks, monitoring performance and implementing strategies for growth.
- Build and nurture strong relationships with brokers, agents, and clients.
- Provide expert technical guidance and support to internal teams and external partners.
- Conduct thorough due diligence and risk assessments for new and renewal business.
- Stay abreast of market trends, regulatory changes, and competitor activities.
- Contribute to the development and refinement of underwriting guidelines and strategies.
- Mentor and train junior underwriting staff, fostering a culture of continuous learning.
- Ensure compliance with all company policies and regulatory requirements.
Qualifications:
- Proven experience as an Underwriter, with a specialization in specialty lines of insurance.
- In-depth knowledge of various specialty insurance products and their associated risks.
- Strong analytical and decision-making skills with excellent attention to detail.
- Excellent communication, negotiation, and interpersonal abilities.
- Demonstrated ability to build and maintain strong broker and client relationships.
- Understanding of insurance regulations and market dynamics.
- Professional qualifications such as ACII or equivalent are highly desirable.
- Bachelor's degree in Finance, Business, Law, or a related field.
- Ability to work effectively both independently and as part of a collaborative team.
Commercial Underwriter - Specialty Lines
Posted 3 days ago
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Job Description
Key Responsibilities:
- Analyze and assess commercial insurance applications, including property, casualty, and specialty lines, to determine risk acceptability.
- Develop and maintain strong relationships with brokers and agents, understanding their business needs and providing expert underwriting advice.
- Select appropriate policy terms, conditions, and pricing to meet profitability targets and market competitiveness.
- Underwrite new business and renewals in accordance with company guidelines and delegated authority limits.
- Conduct thorough risk surveys and investigations when necessary to gather relevant information.
- Monitor portfolio performance, identify trends, and make recommendations for underwriting strategy adjustments.
- Ensure compliance with all relevant regulatory requirements and internal policies.
- Collaborate with claims handlers and risk control specialists to provide comprehensive client solutions.
- Stay updated on market developments, emerging risks, and competitor activities.
- Contribute to the development and training of junior underwriting staff.
Senior Underwriter - Specialty Lines
Posted 3 days ago
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Job Description
Key responsibilities include evaluating insurance applications, analyzing risk exposures, and determining appropriate coverage terms and premiums for specialty lines of business. You will develop and maintain strong relationships with brokers and agents, acting as a key point of contact for complex underwriting queries. Conducting market research, staying abreast of industry trends, and contributing to the development of new underwriting products and strategies will be essential. You will also mentor and guide junior underwriters, sharing your expertise and fostering a collaborative team environment. Effective communication of underwriting decisions and rationale to internal stakeholders, including claims and actuarial departments, is critical.
The successful candidate will hold a relevant professional qualification such as ACII or equivalent. A minimum of 7 years of experience in insurance underwriting, with a significant focus on specialty lines (e.g., professional indemnity, cyber liability, construction, etc.), is required. Strong analytical and financial modeling skills are essential for accurate risk assessment and pricing. Excellent negotiation, communication, and interpersonal skills are paramount for building strong broker relationships and effectively presenting underwriting decisions. As this is a fully remote role, you must demonstrate exceptional self-discipline, organizational skills, and the ability to work autonomously while contributing effectively to a virtual team. Proficiency with underwriting systems and data analysis tools is highly desirable. You should possess a keen eye for detail, a proactive approach to problem-solving, and a strong understanding of regulatory requirements within the insurance sector. This role offers an exciting opportunity to leverage your expertise in a dynamic and rewarding environment, shaping the underwriting strategy for specialized insurance products.