Impress employers and recruiters.
Choose from hundreds of resume examples.
Impress employers and recruiters.
Choose from hundreds of resume examples.
Target Resume Now
About the Role
Markel is seeking an experienced Professional Indemnity Underwriter to join their dedicated Professional Indemnity Division in their London office. This role offers the chance to make a meaningful difference within a global community of optimists and problem-solvers, contributing to the company's mission of giving people the confidence to move forward and seize opportunities.
Responsibilities
- Underwrite and manage a portfolio of professional indemnity risks, applying sound underwriting practices to assess, evaluate, and price new business, renewals, endorsements, and adjustments.
- Build and maintain strong relationships with brokers/clients to generate submission flow, secure new business opportunities, and identify cross-sell and up-sell opportunities.
- Offer best in class service to brokers/clients, producing timely quotes and managing the end-to-end renewal process.
- Make decisions on whether to accept, decline, or refer risks, exercising underwriting authority within defined limits and clearly documenting underwriting rationale.
- Anticipate market trends and keep track of specific underwriting issues, legal developments, and emerging risks affecting professional indemnity lines.
- Assist with PI portfolio management with a focus on strategic, profitable, and sustainable growth.
- Actively promote the company brand within the market.
Requirements
- Experience in professional indemnity or financial lines underwriting and/or broking, with recognised knowledge of PI insurance products.
- Excellent local market knowledge and a strong professional reputation within the PI market.
- Strong analytical and critical thinking skills, with the ability to interpret complex risk information, financial data, and statistical analysis.
- Sound decision-making ability, particularly the confidence to make underwriting decisions under pressure and with incomplete information.
- Commercial awareness and a financial mindset, with the ability to balance risk and reward effectively.
- Ability to respond to a changing environment with flexibility and innovation.
- Relationship-building skills — the ability to develop rapport and trust with brokers, clients, and colleagues.
- Awareness of claims trends and legal/regulatory developments relevant to professional liability.
Skills
- Professional Indemnity Underwriting
- Financial Lines Underwriting
- Broking
- PI Insurance Products Knowledge
- Market Knowledge
- Analytical Skills
- Critical Thinking
- Risk Assessment
- Financial Data Analysis
- Decision Making
- Underwriting Authority
- Commercial Awareness
- Financial Mindset
- Risk Management
- Relationship Building
- Claims Trend Awareness
- Legal Development Awareness
- Regulatory Development Awareness
Location
- London
Work Type
- Hybrid
- Flexible working patterns
Experience Level
- Experienced
Salary/Compensations
- Great starting salary plus annual bonus
Benefits
- Strong benefits package
- 25 days paid holiday plus Bank Holidays
- Opportunity to buy/sell extra leave
- Fantastic company pension scheme
- Private medical cover
- Private dental cover
- Life assurance
- Travel insurance cover
- Income protection
- Season ticket loan
About the Company
- Markel Group (NYSE – MKL) is a Fortune 500 company with over 60 offices in 20+ countries.
- It is a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.
- Company values: We’re all about people | We win together | We strive for better | We enjoy the everyday | We think further.
Equal Opportunity
- Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances.
- We are an equal opportunity employer and value diversity at our company.
- We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.
- We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful.
- Contact rec@markel.com or 0161 507 5827 to request accommodations.