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P&I Underwriter

  • Location: City of London, London
  • Sector: General Insurance
  • Salary: £35000 - £45000 per annum
  • Job type: Permanent
  • Date posted: 30/05/2019
  • Job reference: 58565
This vacancy has now expired.

LMA Recruitment are pleased to be working with a Lloyd's syndicate, who specialise in casualty and cargo business. The company is looking for a PI Underwriter to join their exciting team of innovators.

Job Scope

  • Support and manage the PI portfolio
  • Build knowledge of the account and its risk exposures
  • Profitably underwrite Professional Indemnity risks within authority given
  • Underwrite new PI business and well as renewing underwriting business
  • Provide effective underwriting support such as data entry and quote preparation
  • Review slips
  • Input and update risk information on the syndicate system
  • Liaise with brokers
  • Represent the company in meetings
  • Maintain and develop relationships with brokers
  • Review the pricing of cases based on subjective analysis of risk characteristics

Functional Knowledge

  • Experience in the Lloyd's or London Market industry is ideal
  • Minimum of 3 year's experience in PI
  • At least 4 years underwriting experience is essential
  • Must have strong Excel skills
  • An understanding of legal, financial, and regulatory issues which affect the line of business is necessary
  • Must have the ability to negotiate successfully
  • Knowledge and experience in quality risk selection and pricing is preferred
  • Has highly proficient underwriting skills
  • Has broad, strong market contacts
  • ACII qualified or working towards completing
  • Basic knowledge of actuarial pricing is required

What next?

If this role interests you and you possess the right skills and experience required, then please submit your application or contact Imogen Dunn or alternatively, please visit the LMA Recruitment website. LMA will treat your application with the strictest of confidence. We would like to thank all applicants for their interest in our vacancy.

Job Types: Full-time, Permanent

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