Risk Assessor - Professional Indemnity

About the Role

Our client is looking for a detail-oriented Risk Assessor with expertise in Professional Indemnity insurance to join their established team in Stoke-on-Trent . In this crucial role, you will evaluate the risks associated with professional services firms, advising on appropriate cover levels and risk mitigation strategies. You will play a key part in ensuring the company's underwriting profitability by accurately assessing potential exposures and making informed decisions. This is an excellent opportunity to apply your analytical skills and understanding of professional risks within a reputable insurance organization.

Key Responsibilities

• Conduct thorough risk assessments for a diverse range of professional services clients seeking Professional Indemnity cover.
• Analyze financial statements, business operations, and historical claims data to identify and quantify potential risks.
• Determine appropriate policy terms, conditions, and pricing based on risk evaluation.
• Provide expert advice and recommendations to underwriters and brokers on risk management strategies and exposures.
• Develop and maintain strong working relationships with internal underwriting teams and external clients/brokers.
• Stay abreast of legal, regulatory, and industry developments impacting professional indemnity risks.

Requirements

• Proven experience in risk assessment or underwriting, with a specific focus on Professional Indemnity insurance.
• Strong understanding of various professional service sectors and their associated risks (e.g., legal, architectural, IT consultants).
• Excellent analytical and problem-solving skills, with meticulous attention to detail.
• Ability to interpret complex financial and legal documents.
• Effective communication and negotiation skills, with the capacity to articulate risk findings clearly.
• Relevant professional qualifications (e.g., ACII, Diploma in Professional Indemnity) are highly desirable.

Benefits

• Competitive salary package commensurate with your experience and expertise.
• Full-time, office-based role offering a stable and structured work environment.
• Comprehensive benefits including private health insurance and a robust pension scheme.
• Access to continuous professional development and training opportunities in risk management .
• Opportunity to work with a leading provider in the specialized insurance market.