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Senior Underwriter (Associate Director)

  • Location: United Kingdom
  • Salary: c£60,000 pa per year
  • Job Type:Permanent

Posted 16 days ago

  • Sector: Insurance & Claims
  • Contact: Peter Smith
  • Contact Email:
  • Expiry Date: 15 August 2021
  • Job Ref: PSM/17752H

Our client is a successful SME based in Surrey and we are seeking a Senior Underwriter to produce and underwrite new and renewable business.

This is a newly created position. An interest in Cyber would be an advantage. Previous experience in D&O would be highly advantageous. You will assume immediate responsibility for team management of fellow underwriters.

Key Responsibilities


  • Contribute to the department goal of growing a profitable portfolio of professional indemnity and D&O business via brokers and our other channels

  • Underwrite and price individual risk adhering to company underwriting philosophy, rules and guidelines, use of rating tools and pricing methodologies and documentation standards

  • Understand market pricing and market terms and conditions

  • Demonstrate a deep knowledge of:

    • wordings

    • Pricing structures

    • Topical underwriting issues

  • Directly communicate/negotiate terms and conditions with clients/brokers

  • Develop new underwriting opportunities

  • Interface with capacity as required

Client Account management

  • Develop and maintain relationships with brokers and clients at the underwriting and management level

  • Underwrite and/or oversee and manage positive renewal retention levels

  • Understand treaty structures and facultative reinsurance buying patterns

  • Provide reinsurance solutions meeting clients’ needs whilst not compromising technical pricing or exceeding capacity guidelines

  • Assume responsibility for assigned client relationship, including development and implementation of marketing plans

  • Actively seek new business opportunities within existing relationships and within the wider insurance market

  • Demonstrate awareness of broader industry issues and trends

  • Deliver webinars to brokers and clients


  • Support and monitor other underwriters and help on-board new underwriters

  • Ensure teamwork within the company

  • Participating in and contribute to training and coaching initiatives

  • Continuously improve own skills

  • Accepting responsibility and accountability

  • Demonstrating a positive attitude and strong value system (e.g. integrity, trustworthiness, respectful)

  • Demonstrating a strong work ethic and a sense of urgency.

Core Activity

  • Act as deputy for the Managing Director where necessary

  • Assume responsibility for team management for the renewals underwriter and new business underwriter

  • Underwriting to strictly reflect the rules and guidelines of the team and in accordance with the financial goals of the team

  • Reviewing submissions including applications, policy wording and agreeing referrals within authority

  • Effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention.

Achieve optimum client retention through handling renewals

Please note, should you not receive feedback within 28 days, unfortunately your application has been unsuccessful. However, we may be in touch with similar relevant opportunities.