Senior Underwriter - Technology & Cyber

W. R. Berkley; Greater London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

W. R. Berkley in the United Kingdom seeks an experienced Underwriter to lead portfolio strategy for assigned product lines and territory, focusing on premium, loss and expense management.

The role requires proactive renewal activity, pricing decisions, and collaboration with internal teams to optimise performance. You will manage renewals and new business to hit premium plans, execute portfolio strategies to improve loss ratios, and oversee direct commissions and expenses.

Qualifications

• Extensive underwriting experience and knowledge in the Class of Business.
• Sound commercial and financial knowledge.
• Knowledge of the insurance regulatory environment.
• Strong communication, negotiation and interpersonal skills.
• Analytical and problem-solving skills, ability to multi-task and to prioritise conflicting demands/requests within given time constraints.
• Ability to exercise individual judgement and effectively make sound business decisions.
• Strong interpersonal skills with a proven ability to communicate effectively with stakeholders at various levels, both verbally and in writing.
• Outcome focused, self-motivated, flexible and enthusiastic.
• Ability to work within and promote a diverse and inclusive culture.

Responsibilities

• Develops and executes a strategy to achieve the business plan from a premium, loss and expense perspective for assigned product lines and territory.
• Proactively manages renewals, renewal change, and new business to achieve premium plan.
• Executes portfolio management strategies to drive a better loss ratio and achieve plan.
• Proactively manages direct commissions and direct expenses to achieve plan.
• Underwrites and prices individual risks whilst following underwriting guidelines, policies and procedures.
• Effectively utilises underwriting tools whilst thoroughly documenting underwriting and pricing decisions.
• Works collaboratively with support areas to meet service standards.
• In collaboration with Underwriting Leadership, proactively manages distribution partners. Acts as broker liaison for assigned products.
• Develops and executes a customer (broker and insured) visitation strategy for assigned products and territory to drive submission flow and improve customer retention.
• Effectively manages staff through the effective utilisation of performance objectives, feedback loops and development plans to develop and retain staff.
• Acts as product line expert for area of expertise.
• Organises and provides technical training to junior personnel.
• Promotes a diverse and inclusive culture.
• Acts as an effective role model for others.
• Performs training within agreed timeframes.

Skills

Underwriting experience

Commercial and financial knowledge

Regulatory knowledge

Communication skills

Negotiation skills

Analytical problem solving

Stakeholder communication

Diversity and inclusion

Job description

Responsibilities

Results

• Develops and executes a strategy to achieve the business plan from a premium, loss and expense perspective for assigned product lines and territory.
• Proactively manages renewals, renewal change, and new business to achieve premium plan.
• Executes portfolio management strategies to drive a better loss ratio and achieve plan.
• Proactively manages direct commissions and direct expenses to achieve plan.

Underwriting and Compliance

• Underwrites and prices individual risks whilst following underwriting guidelines, policies and procedures.
• Effectively utilises underwriting tools whilst thoroughly documenting underwriting and pricing decisions.
• Works collaboratively with support areas to meet service standards.

Distribution/Customer Management

• In collaboration with Underwriting Leadership, proactively manages distribution partners. Acts as broker liaison for assigned products.
• Develops and executes a customer (broker and insured) visitation strategy for assigned products and territory to drive submission flow and improve customer retention.

Leadership and Personal Development

• Effectively manages staff through the effective utilisation of performance objectives, feedback loops and development plans to develop and retain staff.
• Acts as product line expert for area of expertise.
• Organises and provides technical training to junior personnel.
• Promotes a diverse and inclusive culture.
• Acts as an effective role model for others.
• Performs training within agreed timeframes.

Qualifications

• Extensive underwriting experience and knowledge in the Class of Business.
• Sound commercial and financial knowledge.
• Knowledge of the insurance regulatory environment.
• Strong communication, negotiation and interpersonal skills.
• Analytical and problem-solving skills, ability to multi-task and to prioritise conflicting demands/requests within given time constraints.
• Ability to exercise individual judgement and effectively make sound business decisions.
• Strong interpersonal skills with a proven ability to communicate effectively with stakeholders at various levels, both verbally and in writing.
• Outcome focused, self-motivated, flexible and enthusiastic.
• Ability to work within and promote a diverse and inclusive culture.