Position Summary:

The Senior Professional Indemnity Underwriter is responsible for overseeing and managing open market professional indemnity renewal business and E-Trade NB/Renewal Professional indemnity workflows, providing technical expertise and ensuring adherence to underwriting guidelines. The role develops strategies for open market Professional indemnity renewal cross-sell and E-Trade new business opportunities/portfolio retention and actively contributes to achieving business targets. They cultivate long-term broker relationships, while also supporting training for new staff in underwriting processes. The role involves maintaining broker relationships. Leading and managing underwriting members of the renewal and e-trade teams.

Location:

Manchester - UK - Peter

What will your job entail?

Job Responsibilities:
• Oversees and strategically manages workflows for open market renewals and e-trade professional indemnity business, showcasing advanced professionalism, technical expertise, and adherence to underwriting guidelines.

Leading and managing underwriting members within the open market renewals and E-Trade teams, inspiring and creating a professional culture whilst encouraging career development.

Oversees and strategically manages workflows for renewal and e-trade professional indemnity business and showcasing advanced professionalism, technical expertise, and adherence to underwriting guidelines.
• Evaluates, prioritizes, and selects submissions and prices risks that will develop an underwriting profit for the carrier, refers or declines risks that present excessive risk.
• Drives risk assessment comprehensively, evaluating factors such as coverage value, location, usage, safety features, and other considerations to make informed decisions on risk acceptance.
• Determines appropriate coverage limits, insurance premiums, policy terms based on risk assessment.
• Negotiates terms and conditions with the broker, recognizes renewal cross sell opportunities while ensuring compliance with regulations and guidelines.
• Develops strategic initiatives to maximizes renewal retention and contributes to achieving e-trade new business targets.
• Manages internal and external relationships that will deliver superior customer service. Develops professional, long-term relationships with brokers and agents, expanding the book of business and operating within delegated authority limits.
• Partners with underwriting teams, fosters seamless communication, and optimizes task coordination to support the overall underwriting process.
• Provides accurate premium forecasts and supports the achievement of performance targets.
• Optimizes underwriting processes and aligns the department with broader organizational goals. Delivers training for new underwriters on underwriting guidelines, processes, and systems.
• Attends industry events and stays abreast of professional indemnity underwriting trends, emerging risks in the sector, regulatory changes, and adjust underwriting strategies, accordingly.

Work Experience and Education:
• Minimum of 8 years of experience in Professional Indemnity Underwriting.
 

Disclaimer

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.