PI / Professional Risks Development Underwriter (MGA & Lloyd's Coverholder) - London

Job Type:
General Insurance
Account Handler, Broker, Commercial, Underwriting
London & South
Salary range:
£40, 000 - £49, 999, £50, 000 - £59, 999, £60, 000 - £69, 999, £70, 000 - £79, 999, £80, 000 - £89, 999, £90, 000 - £99, 999
Salary Description:
Attractive salary and benefits
Start Date:
Job Ref:

In line with its ongoing growth plans, this well-established, privately-owned and financially strong Professional Risks insurance organisation seeks a talented Development Underwriter in London.

Headquartered in the City, and with numerous offices throughout Continental Europe, this firm is a major player within the PI and Professional Risks area.

Boasting an MGA Lloyd’s Coverholder, a Lloyd’s Broker, as well as a captive Loss Adjusting arm, there are very few businesses that can rival this company’s offering. As such, it is no wonder why our client is the partner of choice for a number of Lloyd’s syndicates and insurance companies who are looking to access markets, develop distribution solutions and innovative products, and operate in complex market niches.

As the firm continues to generate year-on-year, double-digit growth, it is now expanding its business development in the UK and non-EU, and is hiring a team of London-based experienced insurance professionals.

Working closely with the Head of Underwriting & Business Development, you will help to grow the brand within these territories and expanding the book of business across appropriate classes. You will provide insurance intermediaries with quotations, indications or details of terms and conditions, prepare and check proposal forms, wordings and other documentation, ensuring that they are issued (internally and externally) accurately and on time and provide back-up broking as required. We must that with rates and binders already being in place, you will predominantly be taking referrals outside of automated delegated authority agreements.

Having traded very successfully for the last 20 years, this company has a robust, ‘tried and tested’ infrastructure in place, as well as very slick processes and procedures. Also embracing sophisticated technology, the company allows its broker partners to issue policies very quickly, whilst benefitting from market-leading wordings.

It is essential that you have significant experience within the PI / Professional Risks market. You will also have previously worked for a Lloyd’s Coverholder and/or Lloyd’s Broker. Displaying a passion for trading and an ability to develop relationships, you will be keen to write business and expand the book.

We must stress that this is a key piece of recruitment for this company and it is very much focused on the long-term. This is an organisation that has its employees’ best interests at heart, as well as the great financial security to focus on its long-term objectives. As an example, none of its employees were furloughed during the pandemic.

This business takes pride in its meritocratic environment, and if you are driven and ambitious, it is possible to experience very swift career progression within the company; for example, 3 of its MDs are in currently in their mid to late 30’s. Upon joining the firm, your professional development will be encouraged from day one, and you will receive quarterly appraisals, at which point, top performers are recognised and rewarded – in addition to annual bonuses.

You will be rewarded with an attractive basic salary (commensurate with your experience), together with a comprehensive range of company benefits including a lucrative bonus and flexible-working.

We are seeking 2 Underwriters, and therefore either encourage you to apply by yourself, or as part of a team.

If you would like to be part of this company’s success story, and are excited by the challenge of developing its portfolio, then contact James Heald in the strictest of confidence for more information.

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General Insurance and Financial Services Recruitment

Contact Details:
Tel: 07918 764 531
Contact: James Heald

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