Senior Underwriter, Professional Liability

Role Purpose

• Senior underwriting position within the PI team
• Requires an experienced London Market underwriter in the PI class
• Supports the Line of Business Head in marketing, underwriting, and servicing of business

Key Responsibilities

• Assessment of suitability of risks (renewals and new business), pricing exposures in accordance with approved rating model, discretionary pricing mechanisms, and general business unit guidelines.
• Identify the need for and evaluate additional risk assessment information including Underwriter Representatives’ reports, actuarial and financial reports and statements, and any publicly available information.
• Source input from, and work in conjunction with stakeholders in other departments including claims, actuarial, and operations.
• Maintain ongoing liaison with producers to obtain supplemental underwriting information, evaluate risks, decline risks, analyze and interpret coverage, explain underwriting requirements and expectations, and present terms.
• Oversee risks through the life‑cycle of a policy: pre-renewal, renewal, ongoing management. Provide best‑in‑class service to internal and external stakeholders.
• Perform marketing activities including maintenance of key producer and client relationships. Regularly meet with clients formally and informally. Keep up to date on pertinent market developments.
• Implement ceded reinsurance actions in accordance with Arch Insurance and business unit guidelines.
• Support LOB Head in development and implementation of business planning, data analysis, management and Lloyd’s reporting.
• Support LOB Head in development and mentoring of junior members of the underwriting team

Skills and Competencies

• Technical and analytical skills
• Client & broker relationship management
• Regulatory & compliance awareness
• Problem solving, negotiation & decision making
• Strong interpersonal and leadership skills demonstrating an ability to teach, influence and motivate others
• Strong written and verbal communication skills

Qualifications

• University degree and professional certification desired with suitable underwriting experience
• Knowledge and understanding of rating, coverage and regulations that cover the class of business.

Experience

• Extensive experience in an underwriting position in the London / Lloyd’s Market.
• Demonstrated competence in maintaining broker/client relationships.
• Experience or demonstrated aptitude to operate in a leadership / mentoring position within team structure.

#J-18808-Ljbffr…