Job Description
The Role
We are recruiting for an experienced individual to join our client's liability team in their Manchester as a Senior Underwriter, as part of plans to further expand and develop their book of business. The portfolio includes multinatioanl and mid-market coverage, with the successful candidate reporting directly into the business's Head of Regions and working within a successful team that are continuing to expand.
You will be responsible for to carefully select and underwrite risks, in a cost effective manner and in accordance with statutory and company requirements/guidelines to ensure profitability and business targets are met.
What are the key accountabilities of this role?
* To examine insurance proposals, gathering and assessing background information and liaising with specialist colleagues, in order to effectively assess the risk.
* To calculate possible risk and determine appropriate insurance premiums using actuarial information, other statistics and own judgement, within own authority level, making necessary referrals in accordance with company policy.
* To set accurate, realistic premium forecasts and business plans in a timely manner to enable management to set accurate budgets and performance targets.
* To deliver training as and when necessary for staff, brokers and clients and assist with the development of underwriting assistants,
* To accurately enter data into company systems and produce management reports that ensure that the company remains aware of the nature and financial impact of risks written.
* To maintain accurate paper and electronic records for auditing and regulatory purposes.
* To proactively participate in projects or other initiatives designed to improve the effectiveness or efficiency of the department.
* To undertake any other tasks as requested by the Director, in order that the team achieve its objectives.
* To develop and maintain relationships with key brokers and clients at all relevant levels of their business.
What skills and experience we are looking for in you?
* Relevant technical knowledge of Liability line of business with experience underwriting Corporate risks.
* External industry knowledge to be demonstrated by membership and/or liaison with external professional, industry or commercial bodies.
* Good understanding of insurance and the terminologies used, across all lines of business.
* Good technical understanding about underwriting policy construction; able to read underwriting files and understand what data needs to be recorded
* Able to evaluate information from a variety of sources and solve problems.
* Good decision-making skills; able to consider the costs and benefits of various decisions and choose the appropriate one.
* Good communication and interpersonal skills; comfortable with phone & face to face discussions with underwriters, brokers & other technical colleagues; confident in negotiation and networking scenarios
* Accuracy and attention to detail
* Able to organise own workload effectively to meet service standards
* Deadline focused; able to work under pressure to meet tight deadlines
* Competent user of Excel & Word
* Good systems knowledge, experience of using various company bespoke systems to interrogate data
What next?
Click "Apply Now" to complete a short application for this position!