Avencia are partnered with a leading specialty insurer who are looking to recruit a Professional Indemnity Underwriter to join one of the market’s most established and highly regarded PI teams.
This is an amazing opportunity to join a predominantly lead portfolio with an exceptional track record of profitability. The team manages a broad international book across traditional professions, financial institutions, miscellaneous PI and selected construction business, supported by extensive historical data and a disciplined approach to risk selection.
The role
You will manage both new and renewal business across the PI portfolio, with responsibility for assessing risks, negotiating terms and developing strong broker relationships.
The team operates a broad, non-siloed model, allowing underwriters to gain exposure across multiple PI segments rather than being restricted to one profession or type of business. New business development will be an important part of the role, so you will be encouraged to build your market profile and develop your own broker relationships.
You will also contribute to the continued evolution of the portfolio, using high-quality underwriting data and market insight to identify opportunities and respond to changes in regulation, technology and emerging exposures.
Key responsibilities
- Underwriting new and renewal PI business across a broad international portfolio.
- Assessing exposures, pricing risks and negotiating appropriate terms and conditions.
- Building and maintaining productive relationships with brokers.
- Developing new-business opportunities while protecting portfolio profitability.
- Using underwriting data and portfolio insight to support risk-selection decisions.
- Monitoring regulatory, technological and market developments affecting PI risks.
- Contributing to portfolio strategy, product development and evolving underwriting practices.
- Working collaboratively across the team and supporting the development of junior colleagues where appropriate.
Skills & experience
- A strong understanding of PI risks and the wider market.
- Sound technical underwriting judgement and a clear approach to risk selection.
- The ability to think beyond historical performance and assess future exposures.
- Strong communication and broker relationship skills.
- A proactive, market-facing approach to new-business development.
- Commercial awareness and a consistent focus on profitable growth.
- Curiosity, ambition and an interest in developing broader underwriting authority.
