underwriter
20 the last 192 days, recently 2023-05-31
Responsibility
- supporting profitable development of the Mid-Market Commercial Combined account by underwriting bespoke commercial risks
- underwriting New Business Motor Fleet risks and other Commercial Motor classes
- actively sell and promote products and services to brokers
Show more +47 - supporting profitable delivery of the Mid-Market account by underwriting bespoke risks
- underwriting new and renewal business
- support profitable delivery of the Mid-Market account by underwriting bespoke risks
- developing and maintaining mutually beneficial relationships with a panel of specialists and networks brokers
- delivering planned financial results through the effective underwriting of cases
- understand how each broker evaluates insurers against the demands and needs of customers
- supporting mutually beneficial relationships within a panel of Real Estate brokers
- liaising with clients and networking through attendance at underwriting meetings, conferences and other market events
- developing and supporting the company's Commercial Lines account by developing both new and existing relationships with regional brokers
- contributing to the loss ratio control by effectively adhering to branch UW controls
- develop an effective portfolio of New Business and a Renewal planning process with brokers
- taking ownership of allocated cases, and working proactively with the broker to achieve the right outcome
- building and retaining a network of producing brokers to ensure a flow of new and renewal business into the portfolio
- prospectively and actively contributing to the growth targets of the team
- identifying poorly performing accounts and investigating reasons for lack of retention
- conduct broker research into business development opportunities
- building relationships with both internal and external stakeholders
- liaising with the claims department on open claims
- taking ownership of allocated cases and working proactively with the broker to negotiate the right outcome
- taking ownership of large and complex cases, working proactively with the broker to negotiate the right outcome
- maintain accurate and timely Management Information
- fully operating within your own licence. Providing a clear and robust rationale which supports your recommendation when seeking guidance
- profitably underwriting and account managing commercial mid-market risks
- interacting with the Head of PI, actively engaging in the development of new products and wordings
- acting as a strong referral point for your team, providing technical assistance and guidance to junior colleagues
- work with the existing broker panel to forge relationships and trust
- underwrite within the company's strategy and authority limits, referring all cases outside of strategy or individual limits
- undertaking domestic and international business travel as needed, attending renewal meetings and ensuring business development
- developing and supporting the company’s Commercial Lines account by developing both new and existing relationships with regional brokers
- developing a pipeline of prospects
- supporting referrals within your team, as well as providing technical assistance and guidance to junior colleagues
- produce and maintain underwriting files for both internal and external viewings and to prepare for audit
- supporting and maintaining agreed service levels to both internal and external customers
- helping colleagues to achieve the planned renewal retention and rate improvement targets in the region
- liaising with External Counsel / Internal Legal department on underwriting issues and wording development
- perform underwriting checks prior to quoting
- developing mutually beneficial relationships with colleagues and national brokers, attending training, review meetings and social events as required
- developing and supporting mutually beneficial relationships within a panel of Real Estate brokers based around Bristol and Birmingham through positive engagement
- key Requirements
- actively contributing to the growth targets of the team optimising sales and retention through monthly meetings with Bristol and Birmingham, both in person and on MS Teams
- leading and developing partnerships across a panel of mid-market brokers, helping to support broker training, organise broker social events and undertake performance reviews
- experience in Real Estate Underwriting is essential, including experience of profitably underwriting larger and more complex commercial risks
- maintaining an up-to-date knowledge of the Commercial Lines market, the regional broking marketplace, and legislation / litigation which could affect the writing of business
- portfolio management skills
- good communication and relationship management skills, both internal and external
- maintaining an up-to-date knowledge of the Commercial Lines market, as well as the regional broking marketplace legislation and litigation, which could affect the writing of business
- salary – Up to £60,000
Requirements
- must have Commercial Combined Underwriting experience
- new Business Motor Fleet Underwriting experience is essential
- previous Commercial Underwriting experience gained within a composite insurer, including a detailed knowledge of Mid-Market Commercial Combined products
Show more +25 - candidates will ideally have gained some Underwriting Insurance experience within an insurer or broker
- proven training experience is essential, as you will be expected to develop junior members of the team
- sound understanding of insurance market and processes across Commercial Lines insurance operations
- strong trading skills, with proven experience in building and maintaining relationships to support development of broker accounts
- good wording development skills, and up to date technical knowledge of current market forms
- experience in Underwriting and Trading Mid-Market Real Estate products
- A highly engaging communicator, with excellent interpersonal skills
- excellent written and verbal communication skills
- strong ability to influence and negotiate with brokers, underwriters and service providers
- CII qualified
- strong ability to influence and negotiate with Brokers, Underwriters and service providers
- our client, a highly regarded insurer based in Kent, is currently looking for a Motor Fleet Underwriter
- strong trading capability - commercial awareness, negotiation skills, ability to build strong broker relationships
- excellent communication and organisational skills
- our client, a highly regarded insurer based in London, is currently looking for a Motor Fleet Underwriter
- excellent communication skills
- ability to understand the needs of each Underwriting line on a portfolio basis
- strong analytical thinking ability
- politically astute regarding the insurance market
- extensive Professional Indemnity Underwriting experience, with strong technical knowledge and experience in underwriting Professional Indemnity business in multiple jurisdictions, both on a primary and excess basis
- at least 7 years of Professional Indemnity Underwriting experience, with strong technical knowledge and experience in underwriting Professional Indemnity business in multiple jurisdictions, both on a primary and excess basis
- salary – £50,000 to £60,000
- the ideal candidate will have excellent technical underwriting skills and demonstrable experience in underwriting Mid-Market Commercial Combined Risks
- for more information, please call 0203 805 5541 or upload your CV below
- we do not retain any personal information without your permission. Please refer to our data protection policy for more information
Earnings for position underwriter
underwriter - How much money do you make working at this position?
Average salary at company EDEN JAMES CONSULTING is 3318£.
The national average salary is 2800£.
1300 £
Lowest
Lowest
2950 £
Average
Average
4600 £
Highest
Highest
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