Job Description
The PI team writes an established book within the UK Casualty team. We are looking for an underwriter with a strong understanding of Professional Indemnity to immediately contribute to the growth and profitability of the PI team.
Responsibilities will include:
- To underwrite International Professional Indemnity business in accordance with the Syndicate Business Plan and within the terms of the underwriting authority.
- Develop and maintain good working relationships with brokers and clients to establish Canopius as a preferred market for International Professional Indemnity business.
- To research and develop new business opportunities for the syndicate.
- Ensure that there is a highly effective working relationship with other underwriting and support units within Canopius to maximize efficient use of internal company resource to support business activities.
- To ensure that the business written is controlled effectively taking appropriate corrective action on poorly performance business to meet SBF targets and ensure that business written complies with all relevant regulatory standards including those laid down by the PRA, FCA, and Lloyd‘s.
- To ensure that all business written complies with Canopius internal policies, procedures and controls and that these are understood and adhered to by the team.
- To ensure that business is only accepted through intermediaries and coverholders approved by Canopius in accordance with internal procedures
- To ensure that complete and accurate underwriting records are maintained.
- To promote a culture where client’s needs are placed at the heart of underwriting decision-making and business is conducted in a manner that meets Canopius internal standards and FCA guidelines.
- To assist with development of Junior Underwriting staff
- To ensure that the workplace environment is fair, equitable, collaborative, supportive, and respectful and one which encourages and increases the participation and contribution of all employees, irrespective of difference.
Skills and experience:
- Significant experience in Professional Indemnity class of business
- Successful and profitable track record.
- Ability to make sound decisions based on data and risk analysis and ability to make a positive impact on the long-term success of the overall business in planning, organization and development.
- Product development
- Good communicator, both verbally and written.
- Good computer skills including MS office.
- Working knowledge of the Lloyd’s market.
- Able to demonstrate Integrity and openness; Accountability; Community Involvement; Diversity & Inclusion; Teamwork; Entrepreneurial Spirit.
