Senior Underwriter - Financial Lines

HDI; Greater London; Hybrid; GBP 70,000 - 110,000; Full time

Job summary

HDI is seeking an experienced underwriter for Financial Lines to drive profitable growth in a London-based role. You will underwrite in line with guidelines, promote HDI Global to brokers, and build a trusted broker network to generate client opportunities within appetite.

You will lead pricing tool development, monitor portfolio balance, and contribute to strategy and forecasting for the Financial Institutions book. Strong leadership and collaboration across teams are essential.

Qualifications

• Recognised market underwriter in Financial Lines with product knowledge.
• Ability to contribute to development and refinement of underwriting tools.
• Established connections within the Financial Lines market to access partners and clients.
• Experience in writing to a balanced portfolio and strong risk selection.

Responsibilities

• Underwrite Financial Lines business in line with guidelines and business plan.
• Promote HDI Global to broking houses and develop a broker network for opportunities.
• Innovate with broker partners and sponsor business cases.
• Develop branch capabilities to write profitable Financial Lines business.
• Develop pricing tools and monitor portfolio balance and deviations.
• Support strategy, planning and forecasting for the Financial Institutions portfolio.

Skills

Market Underwriter

Financial Lines

Pricing Tools

Client Relationships

Leadership

Underwriting Tools

Tools

Underwriting Tools

Job description

HDI is a Corporate & Specialty Insurer part of the Talanx Group. With over 120 years of experience, HDI operates across five continents, around 40 countries and employs over 5,000 people worldwide.

The role

• To underwrite Financial Lines business and develop lead market capabilities in accordance with underwriting guidelines and business plan.
• To externally promote HDI Global to broking houses, creating a network of supporting brokers providing client opportunities within appetite and also respond and develop new opportunities as they are presented.
• To consider opportunities to innovate with trusted broker partners and when identified build the business case for sponsorship.
• To develop the branch capabilities to write profitable Financial Lines business.

Key accountabilities

• Work collaboratively on developing and maintain pricing tools for the FI lines of business
• Underwrite within guidelines and strategy to execute the development of a balanced portfolio
• Monitor and report back on the balance of the portfolio and any deviation from plan
• Maintain and interpret management information, provide suggestions on any strategic changes and identification of trends that may affect adversely or positively the account
• Assist Head of Financial Lines with strategy, planning and forecasting for the Financial Institutions portfolio

Relationship Management

• Promote HDI externally to enhance brand reputation and become a recognised lead market in this sector
• Develop a trusted broker network to provide business opportunities, establish HDI as a viable primary lead and excess alternative market for FI business and promote HDI externally to clients
• Internally create a network that can support the FI mandate and business plan, working with legal, compliance, actuarial and claims to provide the necessary support for these product lines

Process Improvement & Projects

• Identify and enhance the quality and value of processes for your area of work
• End to end project management for functional projects and contribute to any Branch wide projects

Leadership

• Establish themselves as a product specialist for FI, mentor and train more junior or non-product specific underwriters about the coverage, risk selection and market
• Identify skills gaps and training requirements of the team
• Provide the people across the team with the opportunities, training and experience to expand their knowledge and improve their skills

Risks and Controls

• Design, implement and maintain process controls to ensure the quality of the output for your area within the function
• Ensure documentation of the processes and output is accurate, up-to-date and accessible

Skills & experience

• Recognised market Underwriter in Financial Lines business, with a detailed understanding of the product and market within Financial Lines
• Understanding of the inputs required to create technical pricing and able to contribute to the development and refinement of underwriting toolsEstablished connections within the Financial Lines market to access the desired business partners and the identified client base
• Experience in writing to a balanced portfolio and deep understanding of line size management and risk selection
• Strong team ethic and self-motivating character
• Desire to aid the development of more junior members of the team and demonstrate best practice
• Calm and considered judgement even during peak trading periods

Other

As an equal opportunities employer, we are committed to creating an inclusive environment for all employees, recognising that a diverse and inclusive workplace is a creative and prosperous one.