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Underwriter - FI / D&O

Employer
HFG
Location
City of London, London, England
Salary
Negotiable
Closing date
14 Dec 2024
Reference
UW001
View more categoriesView less categories
Sector
General insurance
Contract Type
Permanent
Hours
Full Time
Experience/Function
Qualified

Job Details

New Vacancy - Underwriter - FI / D&O
City of London
Lloyd's MGA

I am currently recruiting for a leading Lloyd's MGA who are seeking a Senior Underwriter to join their growing FI team.

My client is looking for a FI/D&O Underwriting professional who has strong experience in this space. They focus on the SME - Mid Market region and write business globally. They are keen to bring someone in who is able to focus on new business, as well as renewals.

Key Responsibilities:

  • Underwriting & Risk Assessment - Underwrite and negotiate D&O and FI accounts, ensuring consistency with the quality of risk, aligned with the company's strategy, and within individual underwriting authority.
  • Business Development - Drive new business and maintain strong broker relationships by writing new and renewal business in line with agreed targets for Gross Written Premium (GWP).
  • Portfolio Ownership - Take accountability for underwriting decisions and own the development and profitability of your book of business.
  • Relationship Management - Develop and maintain close, effective relationships with brokers, insurers, and clients, including travel and client entertainment where necessary.
  • Client Meetings - Encourage reciprocal visits from brokers and customers, actively participating in meetings and taking a lead role where appropriate.
  • Compliance - Ensure all underwriting activity complies with relevant legislation, underwriting agreements, and industry best practices.
  • Market Awareness - Stay informed about market conditions, especially in the SME and mid-market segments for D&O and FI lines.

Experience:

  • Experience: 5+ years of underwriting experience, with a focus on D&O and Financial Institutions.
  • Broker Relationships: Proven ability to build strong broker relationships, with a drive to source new business and identify new opportunities.
  • Market Knowledge: Strong understanding of the D&O and FI markets, including regulatory environments and the key risks faced by SME and mid-market companies.
  • Technical Skills: Excellent technical underwriting skills with a pragmatic and commercial approach to risk.
  • Portfolio Management: Experience in managing a renewal portfolio and driving growth in new business.
  • Communication Skills: Strong interpersonal and communication skills, with the ability to influence and negotiate effectively.
  • Teamwork: Ability to work effectively within a fast-paced team environment.

Company

HFG is an award winning international recruitment consulting firm that provides specialist professionals to leading General Insurance, Life, Reinsurance, Pensions and Management Consultancy firms. 

Since our formation in 2002 we have sought to provide a market leading recruitment service which challenges the gap between large agencies broad capabilities, and executive search companies’ levels of service.

Regarded by our clients and candidates as industry experts, we deliver solutions to the global insurance marketplace where we specialise in actuarial recruitment.

Led by a number of ex-industry professionals, our consultants have shown a long-term commitment to their defined markets. 

The provision of considered advice based on deep market knowledge is central to our business model. 

You will regularly find HFG at industry events and conferences including GIRO, Life, Momentum, Health, Care & Protection and Joint Risk, Investment & Pensions.

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