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Lawes are pleased to be working with a respected Insurer in their search for an experienced Underwriter. You will support the underwriting team in assessing and managing Directors & Officers (D&O) insurance risks, with a focus on clients in the technology and professional services sectors. This role helps ensure the team writes profitable business while providing a high level of service to brokers and clients.
Job Responsibility:
Support the underwriting of new and renewal D&O business, mainly for tech and professional risk clients
Assist in reviewing financials, risk information and background details to help make underwriting decisions
Prepare and issue quotes, binders and policy documents in line with company guidelines
Communicate with brokers to gather information, clarify terms and support negotiations
Keep underwriting records and systems accurate and up to date
Help with portfolio tracking, reporting and supporting senior underwriters with strategic tasks
Stay aware of changes in the D&O market and industry trends that may affect clients or underwriting decisions
Review and assess incoming risks and prepare documents to support the quoting process
Deal with broker queries and help agree terms and pricing
Attend internal team meetings and contribute to case discussions
Manage ongoing policy changes such as endorsements or renewals
Keep systems up to date and maintain organised files
Carry out basic market research and keep up with developments in relevant sectors
Requirements:
At least 2 years’ experience in D&O underwriting or a related commercial insurance role
Experience working with technology and professional services clients
Good understanding of D&O cover and how these policies are structured
Solid understanding of D&O insurance and the UK market
Good attention to detail with the ability to analyse financial and risk information
Strong communication skills and confidence when speaking with brokers and colleagues
Able to manage multiple tasks and meet deadlines
Comfortable using underwriting platforms and general IT tools (Excel, Word, Outlook)
Interest in the tech and professional services space
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