Underwriter

Responsibilities

• The successful candidate will be given both a great deal of responsibility in managing their own underwrites and exposure to clients, brokers and solicitor partners from day one. In particular, their responsibilities will include:
• Working alongside senior underwriters to underwrite international W&I risks (including the review and analysis of transaction documents (share purchase agreements, disclosure letters etc) and due diligence reports).
• Drafting and negotiating W&I policies to ensure the policy and coverage position is appropriate and within the team's underwriting appetite and guidelines.
• Building and maintaining positive relationships within the market, in particular with W&I brokers and M&A lawyers, with the view to identifying and winning new opportunities.
• Supervising junior members of the W&I team in both preparing non-binding indications for new risks and supporting them more generally in their own development.
• Support the development of the expanding global TR team and encourage cross selling and knowledge sharing across all TR product lines.
• Key requirements
• Qualified corporate solicitor with at least 2 years post-qualification experience or insurance professionals with existing W&I underwriting experience.
• Experience in drafting, managing and / or underwriting due diligence reports for M&A transactions.
• Experience of working with W&I insurance.
• Detail orientated and proactive team player.
• Strong interpersonal skills and an ability and desire to build and develop relationships with our key W&I broker partners.
• What do we offer in return?
• A career that you define. At Howden, we value diversity - there is no one Howden type. Instead, we're looking for individuals who share the same values as us:
• Our successes have all come from someone brave enough to try something new
• We support each other in the small everyday moments and the bigger challenges
• We are determined to make a positive difference at work and beyond
• Reasonable adjustments
• We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours* or hybrid working*.
• If you're excited by this role but have some doubts about whether it's the right fit for you, send us your application - if your profile fits the role's criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.
• *Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.
• Permanent

Benefits

Additional Information

Who are we? Howden is a global insurance group with employee ownership at its heart. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 24,000 employees spanning over 56 countries. People join Howden for many different reasons, but they stay for the same one: our culture. It's what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities - work / life balance, career progression, sustainability, volunteering - you'll find like-minded people driving change at Howden. - A f antastic opportunity to join an expanding warranty & indemnity insurance underwriting team - Full-time, based in London - Suitable for candidates with a corporate legal background and looking to move into the insurance sector, or with previous W&I underwriting experience A clear route for progression to a more senior underwriter role for the right individual Role overview We are looking for an Underwriter to join an expanding warranty and indemnity insurance (W&I) underwriting team. The W&I team is part of a new global Transactional Risk (TR) team at an established and specialist global managing general agent (MGA). This role would suit a collaborative and commercially minded corporate solicitor looking to join the insurance market as well as those with current W&I experience.

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