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Travelers
,
Manchester, Greater Manchester
Associate Underwriter - Small Business
Overview
Job Description
Company Information Solid reputation, passionate people and endless opportunities. That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference. Job Category Underwriting Target Openings 2 Job Description Summary Travelers is partnering with Brokers to help small businesses protect their assets and grow. We have ambitious growth targets and we need you to help us achieve these. This is a great opportunity to create and shape a new Small Business team for Travelers. As an Associate Underwriter in our Small Business Unit you will be responsible for underwriting new and renewal business that is consistent the team's underwriting strategies. You will be accountable for selling and marketing all Small Business products as well as operating in a high volume environment. We aim to offer an inclusive and flexible approach to how and when you work, as well as good work-life benefits. We are happy to discuss all types of flexible working with you, when you join us for your interview. While we may not be able to accommodate exactly what you want, we are always open to having the conversation. Be Committed, Be Connected, Be Creative and Be Energised - these are the values we are passionate about. Understanding and embracing our values will shape your success and contribute to making this a great place to work. The following key activities form a core part of your role; Primary Job Duties & Responsibilities + UNDERWRITING QUALITY/PROFITIBILITY. + Follow Best Practices, including Underwriting processes and Workflow management. + Ensure underwriting quality and profitability through application of the appropriate level of underwriting analysis to accept, decline, modify, rate and quote these accounts. + Responsible for ensuring compliance with underwriting strategies and regulatory requirements. Works collaboratively within Small Business Unit providing support when required. + Take corrective action and/or collaborate with the Senior/Small Business Underwriter based on identified risk characteristics. + SALES. + Prequalify accounts to identify customer needs and take appropriate action. + Function as point of sale for proposal delivery and negotiation. + Positively communicating to brokers on the phone, email or other communication channels whilst administrating business. + Use commercial awareness to negotiate premium and terms on small business products to deliver sustainable profit. + E-TRADE + Utilise various technologies to quote/bind. + NEW BUSINESS MANAGEMENT. + Operates efficiently in line with the defined operational service level agreements. + Where appropriate identify opportunities to write additional lines of business using knowledge of products, risk characteristics and appetite. + Maintain and enhance understanding of Travelers products, services and solutions and initiate discussions with other business areas as appropriate. To be successful you will need to consistently deliver a great experience in every customer contact; connect with the right partners internally to find creative solutions to problems; be a role model and behave in a way that actively supports an inclusive work environment; and consistently deliver on your commitments. Minimum Qualifications + Previous experience of underwriting in UK Commercial insurance. Education, Work Experience, & Knowledge + Working knowledge of the small business insurance marketplace. + Demonstrates an ability and desire to learn about the enterprise and business unit critical business issues and financial drivers. + Working knowledge of organisational and regulatory rules, policies and procedures and effectively employs that knowledge in + day-to-day work activities. + Previous experience of talking to brokers or customers on the phone. + Prior experience of adherence to company SLAs, values, technical standards and controls. Licensing or Certificates + Chartered Insurance Institute (CII) Certification preferred Job Specific Technical Skills & Competencies + Basic Product/Technical proficiency commensurate to incumbent's underwriting authority. + Demonstrates basic ability in the areas of customer focus and positive broker interaction. + Use/knowledge of eTrade platforms such as Acturis/Open GI/SSP etc. Environmental / Work Schedules / Other Equal Employment Opportunity Statement Travelers is an equal opportunity employer.