Salary: £80,000 – £100,000 (Dependent on Experience)
Location: London
PURPOSE OF THE ROLE
Our client, a Specialty MGA, is seeking a Financial Lines Underwriter to support the continued growth of their financial lines portfolio. This role is suited to an established London Market Underwriter with a strong broker network and a hunter mentality, who thrives on meeting and engaging with brokers to generate new business.
You will be responsible for underwriting financial lines risks across D&O, FI and Cyber, building and maintaining broker relationships, and contributing to portfolio growth across a range of industry sectors including solicitors, accountants and beyond.
RESPONSIBILITIES
Underwrite financial lines risks across D&O, Financial Institutions and Cyber, covering both new business and renewals in line with underwriting appetite
Develop and grow a profitable portfolio across a range of industry sectors
Build and maintain strong broker relationships to support new business generation and retention
Independently assess, rate and price risks in a timely and commercially sound manner
Ensure underwriting decisions align with internal guidelines and regulatory requirements
Produce accurate and compliant underwriting documentation
Contribute to portfolio strategy, product development and market growth initiatives
Maintain high service standards to support broker satisfaction and retention
Ensure fair customer outcomes in line with regulatory expectations
Carry out any additional duties as required
DAY TO DAY
Review and assess incoming submissions within agreed service levels
Liaise with brokers to negotiate terms and provide technical underwriting guidance
Manage a portfolio of business, including renewals and mid-term adjustments
Build relationships through regular broker interaction, both in-person and virtually
Maintain accurate records across underwriting systems and documentation
Collaborate with internal stakeholders to support underwriting strategy and growth
Ensure all underwriting activity remains compliant with internal and market standards
EXPERIENCE
Minimum 5+ years' underwriting experience within the London Market
Proven experience underwriting financial lines risks (D&O, FI, Cyber)
Open to candidates with exposure across various industry sectors including professional services
Experience or exposure to international markets advantageous
Strong broker relationships and demonstrable ability to generate new business
Ability to manage and grow a portfolio profitably
Strong analytical and decision-making capability
SKILLS
Hunter mentality with a proactive, business development-focused approach
Excellent relationship management and communication skills, with a genuine enjoyment of broker engagement
Ability to assess complex risks and make sound underwriting decisions
Strong organisational and time management skills
Professional and confident approach when dealing with brokers and clients
Ability to contribute to portfolio growth and strategic initiatives
EDUCATION / QUALIFICATIONS
Progress towards or completion of ACII / FCII desirable
Relevant underwriting experience within financial lines insurance
Commitment to ongoing professional development
If you have the relevant experience or know someone that does, please contact us now or get in touch for a confidential discussion.
Louis Gibbs – Senior Consultant – London Market (phone number removed)
Salary description
£80000.00 - £100000.00 per year