Senior Underwriter - Financial Lines

About the role

• Underwrite both new business and renewals to drive business development, support workflow, and handle underwriting referrals from junior underwriters and team members as required.
• Conduct regular monitoring of NB and renewals performance against budget and take appropriate actions to address any areas of underperformance in consultation with line manager.   
• Support the Practice Leader with the creation of the annual team budget/plan and assist with the implementation and execution of business development projects and initiatives. 
• Contribute to chairing team meetings with a formalised agenda and generally support the Practice Leader in sharing key business development issues and bring thought leadership to meetings.
• Help to drive product advancement and territory-based deviances for product & underwriting strategy (as required), to ensure we deliver a compelling proposition for brokers and customers. 
• Ensure that team ‘ways of working’ for business development (such as CRM data entry) are consistent and adhered to by all team members. 
• Develop and maintain knowledge across CFC products to enable cross-selling opportunities for the wider business. Updating the renewal spreadsheet regularly including chasing outstanding renewals.

• Primary responsibility for team broker liaison and developing strong team broker relationships with new and existing brokers and working with the Practice Leader to build CFC’s external brand.   
• Creation of territorial distribution plan and work with the Practice Leader to execute according to the LTP. 
• Design and deliver engaging broker presentations (working with Marketing and Distribution teams as required) and ensure a regular calendar of broker presentations. 
• Work with the Distribution team to coordinate business development initiatives, activities, and broker meetings (e.g. join-up with Distribution on geographical meetings / business trips etc.).
• Attend relevant industry/market external events and look for opportunities to interact and engage often with new and existing brokers. 

• Assist the senior Management Liability management team with day-to-day team operations, including team meetings, peer reviews and maintaining effective policies, practices, and procedures. 
• Help ensure that underwriting policies, processes, and guidelines are adhered to by junior and new team members, to meet all compliance, regulatory and binder requirements.
• Identify development needs in the team, and provide coaching, buddying, and technical training to more junior and new team members.  
• Support with reviews of team operations to ensure best practice underwriting practices exist and assist the senior Transaction Liability management team in implementing areas of improvement.

• Help to embed a high-performance culture across the Financial Lines team and champion CFC’s core values, culture, and ethos. 
• Contribute to thought leadership, research and knowledge sharing within the Financial Lines team.
• Support and assist with the creation of the annual team budget/plan as required and assist with the implementation and execution of the underwriting strategy.

About you

• Extensive experience in Financial Lines underwriting or underwriting management, preferably with an insurance carrier or wholesale broker.
• Strong background and expertise in Financial Institutions, Management Liability or Fintech business.
• Proven track record in delivering profitable results over multiple years across the region. 
•  A good understanding of the regulatory obligations for underwriting and distribution of insurance products. 
• Experience working cross‑functionally to bring new propositions to market, alongside strong sales and broker relationship management capability.
• An experienced professional whose expertise is recognised externally, who has a strong working knowledge of the insurance market and competitors.
• Solid experience of dealing with brokers and clients with existing relationships 
• Results driven with ability to make own decisions and work on own initiative 
• Ability to execute and influence at all levels both internally and externally 
• Fluent level in English, including verbal and written communication skills

Core Values