Senior Trading Underwriter

Lawes Insurance Recruitment; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading insurance recruitment agency is seeking a Senior Underwriter in London. This pivotal role involves managing a portfolio within a Managing General Agent (MGA), requiring strong analytical skills, risk assessment expertise, and excellent relationship management abilities. The ideal candidate will have substantial underwriting experience in a competitive environment.

Qualifications

• Significant experience in underwriting required.
• Deep understanding of underwriting principles and risk assessment.
• Strong market relationships essential.

Responsibilities

• Evaluate and assess risks for new and renewal business.
• Manage and develop existing accounts for profitability.
• Build and maintain strong relationships with brokers and clients.

Skills

Analytical skills

Communication

Negotiation

Risk assessment

Tools

Underwriting software

Microsoft Office Suite

Job description

The Senior Underwriter will play a pivotal role in managing and underwriting a portfolio of business within the MGA. This position requires a deep understanding of underwriting principles, risk assessment, and the ability to develop and maintain strong relationships with brokers and clients. The ideal candidate will have significant experience in underwriting, excellent analytical skills, and a strategic mindset.

Key Responsibilities

• Evaluate and assess risks for new and renewal business within the MGA’s portfolio.
• Manage and develop a portfolio of existing accounts, ensuring profitability and growth.
• Build and maintain strong relationships with brokers, clients, and other key stakeholders to drive business growth and retention.
• Prepare and issue insurance policies, endorsements, and related documentation accurately and promptly.
• Stay informed about market trends, competitor activities, and regulatory changes impacting the MGA sector.

Skills

• Strong analytical skills, attention to detail, and the ability to make informed decisions.
• Market relationships are a must.
• Excellent communication and negotiation skills.
• In-depth understanding of underwriting principles, risk assessment, and the unique aspects of the MGA industry.
• Proficiency in underwriting software and Microsoft Office Suite.

If you have the relevant experience or know someone that does please contact me now on 07458162845 or email us at [e-mail]