Senior Underwriter, Professional Liability

Senior underwriting position within the PI team requiring an experienced London Market underwriter in the PI class.

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 / all other 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, analyse 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 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

• 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

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.

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.

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