Senior Underwriter - Financial Institutions

Senior Underwriter - Financial Institutions

New York, NY

We are partnered with leading carrier who are seeking an experienced Financial Institutions Underwriter to join their New York team. The role will cover a combination of new business development, renewals, and broker-facing underwriting support. The successful candidate will work closely with both retail and wholesale partners nationwide, with a particular focus on the Northeast region, and will have the opportunity to build a profitable portfolio across primary and excess Financial Institutions coverages.

This role offers strong exposure and a clear path for career progression.

• Underwrite a portfolio of Financial Institutions business, with a focus on disciplined risk selection and profitable growth in line with the outlined underwriting strategy.
• Evaluate and structure coverage for complex Financial Institutions clients, including Asset Managers, PE/VC Funds, Banks, Non-banks, and Insurance Companies.
• Develop and negotiate policy terms, conditions, and pricing across D&O, E&O, EPL, Fiduciary, Crime/Fidelity, and K&R coverages.
• Conduct comprehensive risk assessments across financials, operations, governance, and claims experience, in partnership with actuarial and claims teams to monitor trends and portfolio performance.
• Build and maintain strong trading relationships with key retail and wholesale brokers in the Northeast markets, supporting new business growth through targeted engagement and cross-selling.
• Communicate underwriting strategy and decisions clearly and confidently to internal stakeholders and external partners.
• Adhere to underwriting guidelines and regulatory standards while delivering high-quality service to clients and brokers.
• Utilise underwriting systems and tools to manage workflow, documentation, and reporting.
• Business travel where required or necessary.

• 2-6 years of underwriting experience in Financial Institutions, Public Co, or Large Private.
• Strong understanding of FI insurance products, coverage structures, and responsible underwriting principles.
• Ability to analyse financial statements and assess credit, operational, and governance-related exposures.
• Strong relationships, or relationship-building skills, with retail or wholesale brokers and distribution partners, particularly within the Northeast.
• Negotiation capability and an ambitious, commercially driven approach to underwriting.
• Highly organised, detail-oriented, and able to manage multiple priorities in a fast-paced underwriting environment.

If you would like to hear more or simply want to make the connection, please do reach out.