Address
Form of work
SalaryCommercial Underwriter
Chelmsford
£40,000 to £55,000
Hybrid position
We are looking for an experienced Commercial Underwriter for a well respected organisation in the Chelmsford area. They are a well respected, award winning company, and as a Commercial Underwriter you will have the opportunity to be mentored by industry specialists alongside a programme of personal development and investment to deliver on your career goals.
Our client are looking for a broker orientated and detail focused Underwriter to develop both new and existing relationships. The role will include underwriting new and renewal business for a product suite consisting of commercial combined, property owners, retail package, primary liability, contract works, contractors’ plant and equipment. The role will be a fantastic opportunity for someone who likes variety and flexibility to manage their own time.
As a Commercial Underwriter, your responsibilities will be:
- New business underwriting and processing - target commission & fee income per month
- Renewal business underwriting and processing 90% renewal retention target
- Midterm adjustment underwriting and processing within 30 days of renewal or inception
- Broker development (New and existing) including regular broker visits and on-site underwriting
- Develop and maintain relationships with your broker panel
- Monthly reporting
- Training, developing and coaching of less experienced staff
You must have the following experience and knowledge:
- Commercial underwriting experience is essential, specifically Commercial Combined, Property and Liability, ideally in all or some of the products mentioned above.
- Experience in dealing with Commercial brokers/ Insurers
- Experience working in a small team in SME organisations
- Experience in underwriting with delegated authority or underwriting licences
- Proven track record of developing new and existing relationships with key brokers
- Ability to deliver on financial targets
- Ability to work in as a team and on own initiative
- Experience in using software systems for underwriting and administration
The ideal Commercial Underwriter will have excellent organisation skills, excellent communication skills and a can do attitude. You will have effective time management skills and be able to contribute towards your colleagues time.
This role is hybrid and a car driver is preferred due to the location of the office.
