Job Details

Commercial Insurance Underwriter

Sector:General Insurance

Region : Greater London

Location: Croydon

Salary: Negotiable DOE

Job Ref.: DAR 7657

Job Information

Commercial Insurance Underwriter – Nr Croydon

Salary Negotiable dependable on Experience, Bonus, Pension and Flexible Benefits

Our client is a leading Independent Insurance Broker who has been trading for over 30 years and now due to continued expansion they are looking to add a Commercial Underwriter to the Team

Overview of the Position

To provide leadership and technical knowledge to the Underwriting Team, wider business and stakeholders. You will have end to end exposure to our insurance products and support the business in meeting its goals. You will help manage existing and new insurer relationships in order to develop existing and new schemes. Review existing and new scheme business to ensure that we continue to act within the binder authority set by insurers. Place open market business which falls outside the standard of scheme acceptance.

Ensure that regulatory requirements are met and adhered to. Ensure that our clients covers are providing good value to our customers.

Manage the Underwriting team and ensure the team meet and exceed agreed SLA’s and KPI’s. On a day-to-day basis you will also answer calls from the Sales and Customer Services Team ensuring that all questions and queries are answered in a timely manner. Check that all quotations, renewals and mid-term adjustments are processed within the terms of the binder agreement. Produce, review and check upcoming renewals across all schemes.

Job Responsibilities:

·         Lead the Underwriting team to ensure team objectives, SLA’s and KPI’s are met

·         Review and check new business quotations for the Sales Team to ensure that these are provided within the terms of the Binding Agreement set by insurers

·         Review and check renewal terms and mid-term adjustments for the Customer Service Team to ensure that these are provided within the terms of the Binding Agreement set by insurers

·         Produce, check and review and upcoming renewals. Ensure renewals are generated, reviewed, referred and sent within SLA time frames

·         Manage own workload and take responsibility for the more technically complex cases

·         To assist with the underwriting of scheme and placement of non-scheme business

·         To act as a technical referral point for colleagues and provide coaching and guidance where

·         Ensure the team adhere to all compliance and quality standards including FCA Regulations and GDPR

Experience

·         Minimum of 5 years previous experience in the commercial insurance broking/underwriting industry from an Insurer, MGA or Insurance Broker (Experience within the Construction/Hair and Beauty Sector would be of an advantage)

·         Experience in leading a team of Underwriters

·         Experience in training junior colleagues

·         Track record of personal development and growth in previous roles

·         Experience in encouraging and building positive internal and external relationships

·         High level of attention to detail to ensure accurate documentation is maintained

·         Excellent communication skills (both written and verbal) 

·         Excellent numeracy, literacy and IT skills

 

If you wish to apply for the above position please click on the Link and David Helliwell from Cameron James Professional Recruitment will be in contact with you