Location: London/Hybrid
Salary Range: Competitive
Reporting to: Head of Financial Institutions
Overview:
An exciting opportunity for an experienced Financial Institutions (FI) and Commercial D&O Underwriter to join a growing specialist insurance business. This role is responsible for underwriting new and existing business, driving profitable portfolio growth, and providing technical expertise across the Financial Institutions and Commercial D&O portfolio. The successful candidate will play a key role in developing broker relationships, supporting product development, and contributing to the continued success of the underwriting function.
Key Responsibilities:
- Underwrite new business, renewals and mid-term adjustments across the Financial Institutions and Commercial D&O portfolio.
- Deliver profitable portfolio growth by identifying and securing new business opportunities through strong broker and market relationships.
- Act as a technical referral point, providing underwriting guidance and expertise to colleagues.
- Prepare and issue quotations within agreed service standards.
- Monitor portfolio performance and provide regular reporting on KPIs, market trends and underwriting results.
- Support the development of new products and identify opportunities to enhance the existing product offering.
- Maintain strong working relationships with brokers, clients and internal stakeholders to support business objectives.
- Contribute to team performance through knowledge sharing, coaching and technical support.
- Assist with resource planning, training and mentoring where required.
- Ensure accurate maintenance of underwriting records, documentation and systems.
- Escalate underwriting or premium-related issues where appropriate.
- Ensure compliance with all applicable regulatory requirements, conduct rules and internal governance standards.
- Keep up to date with market developments, competitor activity, legislation and industry trends through networking, conferences and continuous professional development (CPD).
What We're Looking For:
- Proven underwriting experience within Financial Institutions and/or Commercial D&O insurance.
- Experience operating within the London Market and/or Lloyd's insurance environment.
- Strong technical underwriting knowledge with the ability to assess complex risks.
- Excellent relationship management skills with brokers and key stakeholders.
- Commercial awareness and a strong understanding of market dynamics.
- Ability to prioritise workloads and manage multiple deadlines effectively.
- Strong analytical, communication and decision-making skills.
- Collaborative team player with the ability to mentor and support colleagues.
- Good understanding of insurance market processes, documentation and underwriting systems.
- Commitment to maintaining high standards of regulatory and compliance awareness.
Desirable but Not Essential:
- University degree, preferably in a business-related discipline.
- ACII qualification or actively working towards completion.
- Knowledge of insurance accounting processes and claims procedures.
- Experience supporting product development or portfolio strategy initiatives.
- Evidence of ongoing professional development within the insurance market.
About the Company:
A well-established specialist insurer with a strong presence in the London insurance market. The organisation is recognised for its technical underwriting expertise, collaborative culture and commitment to delivering high-quality insurance solutions. The business continues to invest in its people, products and market capabilities as part of its long-term growth strategy.