Job Title
The Financial Lines Underwriter role encompasses key responsibilities including the underwriting of Financial Lines products, encompassing Professional Indemnity, Medical Malpractice and Cyber Insurance.
1. To develop and grow financial products with new capacity providers while maintaining high standards for risk management.
This position also involves participating in binder renewals, audits with capital providers, meeting sales targets whilst upholding quality underwriting standards.
The successful candidate will have a proven track record of developing and growing professional lines insurance products. They should possess exceptional communication skills to effectively engage stakeholders at various levels. A strong understanding of financial markets trends and regulatory requirements is essential in this role.
The ideal candidate will be highly organized and detail-oriented with excellent analytical skills to analyze complex data sets associated with financial risks. Strong collaboration and negotiation abilities are crucial for achieving business objectives.
The primary function of a Financial Underwriter includes analyzing potential risks against the backdrop of existing exposure guidelines within an organization. It requires continuous training on policies ensuring adherence to industry benchmarks as well appropriate escalation when deviations occur from expected patterns or conditions affecting premiums set by competitors/brokers etc..