Senior Underwriter - Financial Lines

HDI is a Corporate & Specialty Insurer part of the Talanx Group. With over 120 years of experience, HDI operates across five continents, around 40 countries and employs over 5,000 people worldwide.

The role

• To underwrite Financial Lines business and develop lead market capabilities in accordance with underwriting guidelines and business plan.
• To externally promote HDI Global to broking houses, creating a network of supporting brokers providing client opportunities within appetite and also respond and develop new opportunities as they are presented.
• To consider opportunities to innovate with trusted broker partners and when identified build the business case for sponsorship.
• To develop the branch capabilities to write profitable Financial Lines business.

Key accountabilities

• Work collaboratively on developing and maintain pricing tools for the FI lines of business
• Underwrite within guidelines and strategy to execute the development of a balanced portfolio
• Monitor and report back on the balance of the portfolio and any deviation from plan
• Maintain and interpret management information, provide suggestions on any strategic changes and identification of trends that may affect adversely or positively the account
• Assist Head of Financial Lines with strategy, planning and forecasting for the Financial Institutions portfolio

Relationship Management

• Promote HDI externally to enhance brand reputation and become a recognised lead market in this sector
• Develop a trusted broker network to provide business opportunities, establish HDI as a viable primary lead and excess alternative market for FI business and promote HDI externally to clients
• Internally create a network that can support the FI mandate and business plan, working with legal, compliance, actuarial and claims to provide the necessary support for these product lines

Process Improvement & Projects

• Identify and enhance the quality and value of processes for your area of work
• End to end project management for functional projects and contribute to any Branch wide projects

Leadership

• Establish themselves as a product specialist for FI, mentor and train more junior or non-product specific underwriters about the coverage, risk selection and market
• Identify skills gaps and training requirements of the team
• Provide the people across the team with the opportunities, training and experience to expand their knowledge and improve their skills

Risks and Controls

• Design, implement and maintain process controls to ensure the quality of the output for your area within the function
• Ensure documentation of the processes and output is accurate, up-to-date and accessible

Skills & experience

• Recognised market Underwriter in Financial Lines business, with a detailed understanding of the product and market within Financial Lines
• Understanding of the inputs required to create technical pricing and able to contribute to the development and refinement of underwriting tools
• Established connections within the Financial Lines market to access the desired business partners and the identified client base
• Experience in writing to a balanced portfolio and deep understanding of line size management and risk selection
• Strong team ethic and self-motivating character
• Desire to aid the development of more junior members of the team and demonstrate best practice
• Calm and considered judgement even during peak trading periods

As an equal opportunities employer, we are committed to creating an inclusive environment for all employees, recognising that a diverse and inclusive workplace is a creative and prosperous one.

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