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Financial Lines Underwriter (Top Global Insurer)

Aston Charles Ltd

Newcastle upon Tyne

Hybrid

GBP 35,000 - 65,000

Full time

25 days ago

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Job summary

Join a world-leading insurance company as a Financial Lines Underwriter during an exciting period of growth. This innovative firm is renowned for its culture and employee satisfaction, making it a fantastic place to develop your career. You'll be responsible for underwriting new business from a diverse range of brokers, utilizing your technical expertise and negotiation skills. With opportunities to engage in meaningful projects and a hybrid working arrangement, this role offers a unique chance to make a significant impact in the insurance industry. If you're passionate about underwriting and looking for a rewarding environment, this position is perfect for you.

Benefits

Generous basic salary
Lucrative bonus scheme
Substantial pension contributions
Hybrid working arrangement
Home-based options for remote workers

Qualifications

  • Strong experience in Professional Indemnity and other related fields.
  • Excellent communication and negotiation skills are essential.

Responsibilities

  • Underwrite a variety of commercial cases across different product lines.
  • Collaborate with the Claims team and maintain relationships with brokers.

Skills

Underwriting
Negotiation Skills
Communication Skills
Relationship Management
Technical Knowledge in Financial Lines

Job description

We are delighted to be partnering with this world-leading insurance company that is seeking a talented Financial Lines Underwriter. This insurer is arguably the most exciting insurer in the market right now and you will see it regularly in the press; for winning awards, hiring some of the brightest minds in the industry, and developing new, innovative product lines. This position has arisen as a result of the company’s impressive expansion; it is enjoying 20% year on year growth, and is on track to double in size over the next 5 years. Not only is this an opportune time to join the company, this organisation is extremely well-renowned for its culture; many of its staff citing, "this is the best employer I have ever worked for." In fact, it is difficult to find someone in this company who hasn’t recently had, or is on track to receive, a promotion.

Working within the specialist Financial Lines Division, you’ll be underwriting new business enquiries from a wide variety of brokers throughout the UK, using your sound technical and negotiation skills to secure profitable business. Specific duties will include, but not be limited to:

  1. Underwriting a variety of commercial cases across various product lines.
  2. Collaborating with the Claims team.
  3. Developing and maintaining excellent working relationships with the Technical department and the wider business.

Being a growing business that very much listens to, and implements employees’ great ideas and suggestions, you’ll have the opportunity to get involved in some really interesting ad hoc projects and make a real difference. Much of the business is Professional Indemnity themed, and so you must have strong experience within the PI arena. Candidates from a variety of specialisms (such as the Professions, Miscellaneous, Tech, Life Sciences etc.) will be considered. As you’ll be regularly dealing with brokers, you’ll have excellent communication skills, together with a good track record of maintaining and developing relationships.

You’ll be rewarded with a generous basic salary (Negotiable depending on experience), plus a highly lucrative bonus scheme and impressive corporate benefits, which include substantial pension contributions. Our client operates a hybrid-working arrangement, and for those who live far away from one of the offices, it can be predominantly home-based.

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General Insurance and Financial Services Recruitment

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