Underwriter

About DUAL Working across 21 countries, DUAL has built a reputation as a specialist underwriting group and the market of choice for insurance intermediaries around the world. That’s how we have become one of the world’s largest international underwriting agencies (or MGAs) with US$3.4bn GWP. DUAL is part of Howden, a leading global insurance group with employee ownership at its heart. Founded in 1994, it provides insurance, reinsurance and underwriting services to clients ranging from private individuals to the largest multinational companies. The Group operates in 57 countries, employs over 24,000 people and manages premiums totalling US$50bn on behalf of its clients. •       A fantastic 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. Role 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…