Senior Underwriter - Property D&F Open Market

The Lancashire Group; City Of London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A leading insurance company based in London is seeking a Senior Underwriter to manage and develop broker relationships and underwrite risks for its lines of business. The ideal candidate will have proven experience in underwriting, risk analysis, and a strong focus on client relationships. This permanent, full-time role offers a collaborative work culture emphasizing integrity and teamwork.

Qualifications

• Proven experience in underwriting and managing broker relationships.
• Ability to perform comprehensive risk analysis.
• Understanding of underwriting authority and business plans.

Responsibilities

• Manage and develop broker relationships.
• Underwrite risks within authority and business plan.
• Produce analytics and management reports.

Skills

Broker relationship management

Risk analysis

Underwriting authority

Experience with Open Market business

Job description

Senior Underwriter - Property D&F Open Market

Department: Underwriting

Employment Type: Permanent - Full Time

Location: London

Description

The primary purpose of the role is to provide underwriting duties for Lancashire UK for Lancashire’s lines of business.

Specific Responsibilities

• Manage and develop broker relationships for this line of business
• Maintain a strong focus on core client/broker relationships
• Underwrite risks for your line of business within your underwriting authority and the agreed business plan
• Receive submissions from brokers, undertake full risk analysis, complete pre-underwriting documentation
• Agree endorsements within your underwriting authority
• Ensure risks offered and bound are within modelled tolerances or that exceptions are approved
• Work in collaboration with group underwriting teams
• Assist and guide junior members of the team in underwriting processes
• Produce analytics and management information reports as required
• Assist with ad hoc projects and research work as required
• Experience writing Open Market business and knowledge of brokers in the specs

The Lancashire Way

At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.

Straight-talking

We feel empowered to share thoughts and ideas, because everyone’s voice matters.

Collaborative

We work together towards common goals, share knowledge and support each other.

Hard-working

We all have a stake in the company’s success and are proactive in contributing to our goals and vision.

Responsible

We focus on achieving tangible results with consistent standards across the Group.

Positive

We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.