7 Specialty Lines jobs in London
Lead Underwriter - Specialty Lines
Posted today
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Senior Underwriter - Specialty Lines
Posted 19 days ago
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Senior Underwriting Manager, Specialty Lines
Posted 1 day ago
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This position is based in our prestigious London office and offers an excellent opportunity to influence the direction of our specialty insurance portfolio. You will work closely with brokers, underwriters, claims, and actuarial teams to deliver innovative insurance solutions to our clients.
Key Responsibilities:
- Lead, mentor, and develop a team of specialty lines underwriters.
- Develop and implement underwriting strategies and policies to achieve profitable growth targets.
- Set underwriting guidelines and ensure adherence to the company's risk appetite.
- Review and approve complex underwriting risks, providing technical expertise and guidance.
- Build and maintain strong relationships with key brokers and clients.
- Monitor market trends and competitor activities to identify new opportunities and potential threats.
- Collaborate with the claims and actuarial departments to inform underwriting decisions and product development.
- Ensure compliance with all relevant regulatory requirements and internal controls.
- Analyze underwriting performance data and report on key metrics to senior management.
- Contribute to the development and refinement of new insurance products.
- Manage the underwriting team's workload and resource allocation.
- Bachelor's degree in Finance, Economics, Business, or a related field. A Master's degree or relevant professional qualification (e.g., ACII, FCII) is highly advantageous.
- Minimum of 8 years of progressive experience in insurance underwriting, with at least 4 years in a management or team leadership role within specialty lines (e.g., Professional Indemnity, D&O, Cyber, Construction).
- Deep understanding of complex risk assessment and pricing methodologies.
- Proven track record of achieving profitable growth in a challenging market.
- Strong analytical, decision-making, and problem-solving skills.
- Excellent leadership, communication, and negotiation abilities.
- In-depth knowledge of the insurance regulatory landscape.
- Ability to build and maintain strong professional relationships.
- Experience in portfolio management and strategy development.
Senior Insurance Underwriter - Specialty Lines
Posted 3 days ago
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This position demands a deep understanding of various specialty insurance markets, such as Professional Indemnity, Directors & Officers (D&O), Cyber, or Construction All Risks. You will leverage your analytical skills to evaluate financial statements, loss histories, market trends, and other relevant data to determine insurability and appropriate coverage. Building and maintaining strong relationships with brokers and clients will be integral to your success. The ideal candidate is detail-oriented, possesses excellent negotiation skills, and has a proven track record in underwriting profitable business.
Key Responsibilities:
- Underwrite new and renewal business within designated specialty insurance lines, ensuring profitability and alignment with company strategy.
- Conduct thorough risk assessments, analyzing exposures, potential losses, and client operations.
- Determine appropriate premium rates, policy terms, conditions, and coverage limits based on risk analysis and market conditions.
- Develop and maintain strong relationships with brokers, agents, and clients, acting as a key point of contact.
- Negotiate terms and conditions with intermediaries to secure profitable business.
- Monitor the performance of assigned accounts and the overall book of business, implementing strategies for growth and profitability.
- Stay informed about market trends, competitor activities, and regulatory changes impacting specialty insurance lines.
- Collaborate with claims, actuarial, and legal departments to ensure comprehensive risk management.
- Provide guidance and mentorship to junior underwriters and assist in their professional development.
- Contribute to the development and refinement of underwriting guidelines and tools.
- Prepare and present reports on underwriting performance and market insights.
Qualifications:
- Bachelor's degree in Finance, Economics, Business, or a related field.
- Minimum of 5 years of experience in insurance underwriting, with a specialization in one or more specialty lines (e.g., PI, D&O, Cyber, Construction, Marine).
- Proven track record of underwriting profitable business in a competitive market.
- Strong understanding of insurance principles, risk management techniques, and financial analysis.
- Excellent analytical, decision-making, and problem-solving skills.
- Exceptional communication, negotiation, and interpersonal skills.
- Proficiency in using underwriting systems and MS Office Suite.
- Relevant professional qualifications (e.g., ACII, CPCU) are highly desirable.
- Ability to work effectively in a hybrid environment, demonstrating strong self-management and collaboration.
- A proactive approach to continuous learning and professional development in the insurance industry.
This is an excellent opportunity for a seasoned underwriter to take on greater responsibility within a leading insurance firm, contributing to strategic decision-making and shaping the future of specialty lines insurance.
Senior Insurance Underwriter (Specialty Lines)
Posted 7 days ago
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Key Responsibilities:
- Underwrite complex specialty lines risks, accurately assessing exposure and determining appropriate terms, conditions, and pricing.
- Develop and maintain a profitable portfolio of business, actively managing risk appetite and exposure.
- Build and nurture strong, long-term relationships with key brokers and distribution partners.
- Analyze market trends, competitor activities, and emerging risks to inform underwriting strategy.
- Collaborate with claims teams to understand loss trends and feedback into underwriting practices.
- Contribute to the development and refinement of underwriting guidelines and procedures.
- Mentor and guide junior underwriters, sharing expertise and fostering professional development.
- Prepare detailed reports on portfolio performance, market conditions, and underwriting strategy for senior management.
- Ensure compliance with all regulatory requirements and internal policies.
- Represent the company at industry events and conferences as required.
- Extensive experience (7+ years) as an insurance underwriter, with a significant focus on specialty lines.
- In-depth knowledge of one or more specialty insurance classes (e.g., PI, Cyber, E&O, Marine, Property).
- Strong analytical and financial modeling skills, with the ability to interpret complex data.
- Excellent understanding of insurance contracts, legal principles, and regulatory frameworks.
- Proven track record of profitable underwriting performance.
- Strong negotiation and communication skills, with the ability to influence stakeholders.
- ACII or equivalent professional qualification is highly desirable.
- Ability to work effectively within a team environment and manage a demanding workload.
- Experience using underwriting platforms and risk management tools.
- A proactive approach to identifying and managing business opportunities and risks.
Senior Underwriting Manager (Specialty Lines)
Posted 11 days ago
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Job Description
Responsibilities:
- Develop and implement underwriting strategies for specialty insurance lines.
- Lead, mentor, and develop a team of senior underwriters.
- Set pricing strategies and underwriting appetite.
- Assess and manage complex risks within the specialty insurance portfolio.
- Monitor portfolio performance and market trends.
- Ensure adherence to underwriting guidelines and regulatory requirements.
- Cultivate and maintain strong relationships with brokers and clients.
- Contribute to product development and innovation.
- Manage underwriting authority and delegated authorities.
- Drive profitable growth and effective risk management.
Qualifications:
- Extensive experience (7+ years) in specialty lines insurance underwriting.
- Proven experience in a management or leadership role within underwriting.
- Deep understanding of various specialty insurance products (e.g., PI, D&O, Cyber).
- Strong analytical, risk assessment, and decision-making skills.
- Excellent understanding of insurance market dynamics and profitability drivers.
- Strong leadership, team development, and communication skills.
- Ability to work independently and manage a remote team effectively.
- Relevant professional qualifications (e.g., ACII, FCII) are highly desirable.
- Bachelor's degree in Business, Finance, or a related field.
Senior Underwriter - Specialty Lines (London)
Posted 15 days ago
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Job Description
Responsibilities:
- Underwrite complex and high-value specialty insurance risks (e.g., PI, Cyber, D&O).
- Analyze potential exposures, evaluate risks, and determine appropriate terms, conditions, and pricing.
- Build and maintain strong relationships with brokers, agents, and clients.
- Provide expert insurance advice and tailor solutions to meet client needs.
- Stay informed about market trends, regulatory changes, and emerging risks.
- Develop and implement effective underwriting strategies for specialty lines.
- Mentor and train junior members of the underwriting team.
- Review and interpret financial statements, legal documents, and risk reports.
- Ensure compliance with company underwriting guidelines and regulatory requirements.
- Contribute to portfolio performance analysis and strategic planning.
- Collaborate effectively with claims, legal, and actuarial departments.
- Participate in industry events and professional development activities.
Qualifications:
- Minimum of 5 years of experience in underwriting, with a strong focus on specialty lines.
- In-depth knowledge of professional indemnity, cyber liability, D&O, and other specialty insurance products.
- Proven ability to analyze complex risks and make sound underwriting decisions.
- Strong financial acumen and analytical skills.
- Excellent negotiation, communication, and interpersonal skills.
- Experience building and managing broker and client relationships.
- Familiarity with insurance regulatory frameworks and compliance requirements.
- Proficiency in using underwriting software and data analysis tools.
- Relevant professional qualifications (e.g., ACII, CPCU) are highly desirable.
- Ability to work effectively in a hybrid environment, balancing remote and office-based work.
- Must be eligible to work in the UK.
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