PI Underwriter

Position: PI Underwriter (Permanent)
PI Underwriter

Location:

Home Based / Fully Remote Mon-Fri

XS Assure (XSA) was launched in 2021 and is a specialist underwriter of financial and professional lines risks in the UK and internationally. XSA's core business has been underwriting UK PI risks.

In the UK, we currently underwrite and/or place business with 5 risk carriers whilst internationally, with 3 risk carriers.

To date, XSA has been very successful in building a sizeable and profitable portfolio due to its wide risk appetite, its ability to underwrite risks based on merit, empowered underwriters and a commitment to fast turnaround time on all quotes to insurance brokers.

Operationally, XSA employs 16 staff who all work from home. Culturally, it's very entrepreneurial and fast-moving with a focus on always building a better, smarter business with little bureaucracy. XSA is looking to bring on additional talent with the same ethos.

XSA was acquired by JMG Group in July 25, so benefiting from internal services and access to group held business whilst maintaining its independence as a fast moving and growing business.

The Role

You will spend the majority of your time working with brokers on new business and renewals, assessing, rating and quoting risks, entering data into underwriting tools, issuing policy documentation and ensuring compliance with company standards.

Role and Responsibilities

Reviewing specialist cases and clearly and positively articulate underwriting decisions within agreed time frames
Refer risks outside of underwriting authorities
Actively manage and develop a portfolio of accounts to maximise profitable revenue potential from new and renewal business
Identifying, better, smarter, faster means of underwriting / trading
Contributing to technical audits and peer review processes as required to support and enable the maintenance of an effective control environment
Contributing to the development and monitoring of account plans
Ability to work in a remote team environment
Understanding our marketplace and key competitors to enable you to negotiate flexibly and appropriately resulting in successful trading
Effective broker account relationship development and management
Demonstrated ability to assess and price risks, limit exposures
Successfully developing effective trading relationships
Commercially astute with demonstrable track record of taking accountability for delivery
Role Requirements

Minimum 5 years dedicated underwriting or broking experience, preferably UK market with a recognised insurer, MGA or broker
Minimum Dip CII qualified (or equivalent)
Proficient in MS Excel
-(Apply online only)