Property D&F Underwriter

Purpose of the role

To accept risks and contracts on behalf of the syndicate, for the Non-Marine property class, via agreement of endorsements and wordings within electronic platforms (Placing Platform Ltd and Whitespace), In accordance with Individual underwriting authority. Quoting, managing and accepting risks for electronically placed and managed facilities. This will include new business, renewals, endorsements and maintaining records and managing the upkeep of the account.

Job Details

Is could be either a Permanent or Part-time position (three to five days per week). The syndicate are offering this role as either completely remote or office based with split days in the office/working from home.

Key Tasks

Checking policies, especially when led by the syndicate to ensure consistency and validity.

Checking online facilities to ensure compliance.

Monitor Market Reform Contracts (MRC) compliance.

Remain up to date with current wordings issues and practice Liaise with brokers to obtain all relevant information to maintain sound data management.

Negotiate with brokers to ensure best terms and conditions.

Ensuring service level agreements are maintained.

Ensuring data quality and underwriting administration is completed to organisational and regulatory standards.

Required Skills & Experience

Wordings Ability to communicate technical wordings issues with brokers and underwriting staff Ability to analyse policies and contract wordings. Able to ensure competence is attained and maintained through professional development.

Relationship Management Able to maintain ongoing relationships with brokers, agents and colleagues.

Administration and Compliance Able to operate at all times to the standards and rules of the regulatory bodies and those set out in the firm's standards documents.

Personal Development Able to ensure competence is attained and maintained.

In depth knowledge of slip construction.

In depth knowledge of MRC requirements.

In-depth understanding of the Non-Marine property market, industry and people.

IT Literacy, including the use of dedicated underwriting programmes.

Maintain records with a high degree of accuracy and attention to detail.

Able to operate at all times to the standards and rules of the regulatory bodies and those set out in the firm's standards documentation.

In-depth knowledge of technical wordings.