Senior Executive, Technical Underwriting at Lloyd's Market Association | City of London | Rezi

Senior Executive, Technical Underwriting at Lloyd's Market Association

Senior Executive, Technical Underwriting

Lloyd's Market Association · City of London

2 months ago

Senior Executive, Technical Underwriting

Lloyd's Market Association · City of London

2 months ago
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About the Role

This market-facing technical underwriting support role operates at the center of the Lloyd’s and London specialty market, focusing on collaboration and strategic influence. It supports the LMA’s energy underwriting community, offering an opportunity to shape technical underwriting practices, market guidance, and collective initiatives. The role involves providing technical expertise, coordination, and advocacy, working closely with underwriting committees and LMA members. As a partner to the Head of Technical Underwriting, you will lead technical discussions, shape guidance, coordinate initiatives, and deliver solutions to complex market challenges. This highly visible role offers direct exposure to senior stakeholders and the chance to build a strong profile while contributing to the future direction of specialist underwriting classes.

Responsibilities

  • Lead and support LMA committees and working groups, including facilitating discussions, setting agendas, capturing outputs and ensuring delivery of agreed actions.
  • Act as a credible and authoritative representative of the LMA, confidently influencing senior underwriters and LMA members and contributing to complex technical discussions.
  • Provide subject matter expertise on underwriting issues across energy business, with the willingness to get involved in other lines of business as required.
  • Lead, initiate, manage and deliver technical underwriting projects in response to market needs and strategic priorities.
  • Draft, review and contribute to policy wordings, clauses, reports and other market-facing documentation to a high professional standard.
  • Build and maintain strong working relationships with underwriting committees, managing agents and LMA members, as well as relevant bodies including Lloyd’s and industry organisations.
  • Respond to LMA member enquiries in a timely and appropriate manner.
  • Line manage and support the development of one direct report.
  • Perform other duties as reasonably required by the LMA.

Requirements

  • Extensive practical experience in the Lloyd’s and/or London insurance market.
  • Deep understanding of energy insurance (onshore and offshore) is essential, with the ability to apply this expertise across specialty lines such as aviation, marine or engineering risks where required.
  • Demonstrable experience in underwriting, claims, legal, compliance or equivalent technical insurance discipline.
  • Proven experience in policy wording development, clause drafting and producing high-quality technical written outputs.
  • Excellent written and verbal communication skills, with a particular emphasis on drafting, report writing and clearly articulating complex technical concepts.
  • Flexibility to attend committee meetings and market engagements.

Skills

  • Technical underwriting support
  • Collaboration
  • Strategic influence
  • Market guidance development
  • Coordination
  • Advocacy
  • Technical expertise
  • Policy wording development
  • Clause drafting
  • Report writing
  • Stakeholder management
  • Problem-solving
  • Leadership
  • People management

Location

  • London EC3
  • Elsewhere in the UK

Work Type

  • Hybrid
  • Flexible working

Experience Level

  • Extensive practical experience
  • Deep understanding
  • Demonstrable experience
  • Proven experience

Benefits

  • A competitive pension package with a generous employer contribution.
  • An industry-leading flexible working policy, built on trust.
  • A generous annual leave allowance, with the option to buy and sell holiday, plus additional paid leave for key life events.

About the Company

  • The Lloyd’s Market Association (LMA) represents the interests of 59 Lloyd’s managing agents and members’ agents.
  • The purpose of the LMA is to make the market a better place and in so doing, maintain the Lloyd’s market’s position as the pre-eminent leader in specialty and commercial risk.
  • We sit at the centre of the Lloyd’s market, a world-leading global marketplace for complex risk.
  • We advocate on behalf of our members with key stakeholders, including governments, regulators and the Corporation of Lloyd’s.
  • Our work spans technical and professional support, from developing model policy wordings to providing guidance on regulatory and legislative requirements.
  • Our award-winning LMA Academy is one of the leading providers of Lloyd’s technical training in the market, supporting the ongoing development of underwriting, claims, finance, risk and operations professionals.
  • We drive forward a digitalisation agenda for the market.
  • We are strong advocates of advancing the market’s inclusive culture.
  • Collaboration is at the core of what we do.
  • We engage closely with our members to understand and tackle the issues that matter most, and we partner with Lloyd’s and other market associations to help shape the future of the marketplace.
  • LMA Values: Trusted, Passionate, United, Bold, Inclusive.

Equal Opportunity

  • We embrace a diverse and flexible workplace.