Address
Form of workWe are very pleased to be working with this very reputable and professional insurance company who is seeking an experience Development Underwriter. Our client has maintained a reputation as one of the best property casualty insurers in the industry for over 160 years.
The Opportunity
- We have an excellent opportunity for a Development Underwriter to join their team in London or hybrid working arrangement being home based in and around the Southeast.
- As a Development Underwriter you will offer a superior service and responsiveness to new business submissions, interact and collaborate with the team and other Regional Underwriting Offices.
- You will primarily be responsible for identifying, developing and writing new business opportunities in accordance with your underwriting authority, continuously seeking out solutions to meet the needs of the client or broker.
- You will make sound underwriting decisions to support the Branch in consistently achieving financial plan.
- You will also support the team in managing and underwriting renewal business.
- They aim to offer an inclusive and flexible approach to how and when you work, as well as good work-life benefits.
- Be Committed, Be Connected, Be Creative and Be Energised - these are the values they are passionate about.
- Understanding and embracing their 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
- Underwrite and assess risk to maximise business growth and profitability for allocated broker panel.
- Make prompt, appropriate decisions within own underwriting authority in addition to considered, intelligent and complete recommendations to technical underwriting/business leadership.
- Negotiate terms and conditions consistent with underwriting requirements and service.
- Understand and execute the company’s underwriting strategies and principles to produce budgeted results.
- Working with Underwriter on same broker panel, continuously manage book of business, maintaining quality of business, growth, and profit.
- Actively engage and seek out training opportunities to further develop underwriting expertise.
- Develop and leverage broker/client relationships through a high level of visibility and using a disciplined sales management approach (e.g., planning and follow-up for broker and prospective customer visits/meetings) in support of business objectives.
- Working with Distribution, effectively assist in the development, documentation and execution of sales plans with emphasis on increasing marketing and sales activities outside the office.
- Actively participate in regularly scheduled regional and product underwriting and/or sales meetings.
- Demonstrate superior customer service standards (consistency, quick response, knowledge of products) to meet service standards.
This is a fantastic opportunity and the company fully support career development and progression within and there would be a great deal of autonomy with this role.
They would also consider candidates wishing to make the next step up, so if you have a pro-active approach and willingness to succeed this could be the ideal career move.
Dependent on experience, the basic salary is from £55K to £70k with excellent additional staff benefits. The company could also consider if you are due a bonus next year, to offset this within their offer of employment so you don’t miss out on any financial incentive.
