Commercial Underwriter

Massenhove Recruitment ,
London, Greater London
More Details
Job Type: Full-time
Salary: £25,000 per annum

Overview

Commercial Underwriter Purpose of Role/Job Overview To provide efficient, timely and professional support to brokers for new business, renewal, mid-term adjustment and general enquiries. To achieve income and profit objectives by analysing insurance proposals, determine policy terms and calculate premiums in line with authority levels. Demonstrating your contribution to loss ratio control by effectively adhering to Company's underwriting controls Act as a central point of referral and share your expertise to assist in the development of colleagues. To positively reinforce / display the company’s values and to actively drive the business forward in achieving its objectives. Key Accountabilities Meeting and where possible, exceeding brokers service levels and expectations. Support wider 'Team Leader’ team and provide effective management to the business in the event of Identifying poorly performing accounts and investigating reasons for lack of retention and poor conversion. Identifies cover and hazards that will impact on the acceptance, pricing or terms applicable to a risk. Ongoing monitoring and delivery of team targets, taking action where necessary to ensure business achieves its objectives. Understands the impact of claims and risk management on the performance of a case and demonstrates an ability to underwrite taking these factors into account. Management and underwriting of new business enquiries and renewals. The management, identification and acquisition of profitable business. Build and maintain strong relationships with key trading partners to maximize influence. Support the development and operation of sales campaigns to drive the acquisition of profitable business. Act as a point of technical referral to provide support and assistance to Underwriting Teams Other Activities, Duties and Responsibilities Maintain and develop market awareness. Maintain good working relationships with all internal departments. Maintain an open communication ethos with colleagues and managers. Demonstrate "model behaviours" Comply with all legal, regulatory and contractual requirements to ensure obligations are met. Contribute to wider business activities. Operate within individual underwriting authorities and guidelines. Qualifications CII Knowledge Advanced underwriting knowledge Skills/Abilities/ Competencies Excellent communication and organizational skills Ability to manage time effectively, set priorities and meet deadlines Ability to learn and adapt to change Desire/ability to work successfully in a small company environment Proven ability in developing key working relationships and business opportunities Good negotiation and decision making skills Strong knowledge of legal and regulatory requirements as well as technical proficiency on wordings A high level of numeracy, analytical and literacy skills Strong organisational and prioritisation skills The ability to influence actions and attitudes of others through leading by example Good communication skills, ability to coach and develop others Experience Extensive prior underwriting experience Experience of handling complex cases Experience of dealing with disputes Experience in managing people Personal Attributes A friendly professional demeanour and ability to excel in a team oriented environment Natural at giving direction to and mentoring less experienced colleagues Driven to go 'above and beyond’ to provide best in class service to insurer and broker partners

People also viewed