Overview
Pen Underwriting Risk Managed Commercial are looking for an experienced, Senior Underwriter to join our team. The role will focus on underwriting and servicing new, existing or both new and existing accounts. Using sound judgement, industry knowledge and discernment to evaluate new business; provide a solid contribution towards income, profit and EBITDAC. Provide mentorship to more junior members of the team; your knowledge, attitude and behaviours are all exemplary. How you'll make an impact Maintain and grow a renewal portfolio dealing with rating and adjustment enquiries from your allocated client portfolio. Potential to develop your client portfolio via new business opportunities Handle technical claim cover requests Liaise as required with brokers, insurers, Accounts and Claims functions. With a strong attention to detail, sign off referrals from Underwriters and Assistant Underwriters. Provide technical training and development to more junior members of the team Compile and provide statistics, often having to interpret the data and explain to others. Develop a thorough knowledge of coverage provided by Pen. Operate within the confines of the agreed personal delegated underwriting authority and utilise the company’s preferred insurance pool About You Your knowledge, Experience and Skills: CII/ Dip CII, educated to A-Level standard or equivalent. Firm grasp of risk exposure, able to determine the acceptance criteria and risk classifications in a range of complex or unfamiliar situations. Underwriting experience in servicing accounts, use specialist technical knowledge to handle claim queries, ensuring a connected service. Extract and piece together required learning from a variety of opportunities and sources. Experience of planning and prioritising client renewals and seeking new business opportunities Strong, proactive communication and social skills with clients and colleagues Good level of numeracy and literacy coupled with excellent attention to detail Analytical problem solving approach with initiative and a ‘can do’ attitude An insightful, ambitious, willing teammate who takes ownership and accountability, keen to share expertise. Strong trading and negotiation skills ensuring excellent outcomes for the customer, brokers, Pen and Insurers Eligible to work in the UK What we offer you: Pen Underwriting (A trading division of Gallagher) offers competitive salaries and a full range of exciting benefits, including pension plans, medical cover, life and critical illness cover, health, wellbeing and fitness options as well as the opportunity to participate in the company share save scheme. We also offer an employee stock purchase plan, travel loan options and huge opportunities to donate to charity through our matching scheme. We want Gallagher (including Pen Underwriting) to be the organisation that all our people are proud to be a part of and where everyone can call themselves one of our team. Where our culture is embracing of difference, where you can be the best and, perhaps most importantly, be yourself. We are all different in some way. If we were all the same, and all thought the same, we would be vulnerable as a group. By welcoming and encouraging diverse opinions and backgrounds within our organisation, we will have a healthier, more innovative and ultimately more profitable business. If this sounds like somewhere you’d like to join, we’d love to hear from you. If you require flexibility for a role you are applying for, give us a call to chat through the options. About Us: Pen Underwriting (Pen) is a multi-class, multi-territory Managing General Agent (MGA). It has evolved from a ‘super start-up’ – launched in 2015 to create a single, cohesive business for several separately run Gallagher group MGAs – to become a £880m GWP underwriting and distribution platform. Although part of the Gallagher group, Pen Underwriting operate as a separately regulated legal entity; and the Board includes independent non-executive Directors. Compensation and benefits On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve: Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days Defined contribution pension scheme, which Gallagher will also contribute to Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x Income protection, we’ll cover up to 50% of your annual income, with options to top up Health cash plan or Private medical insurance Other benefits include: Three fully paid volunteering days per year Employee Stock Purchase plan, offering company shares at a discount Share incentive plan, HMRC approved, tax effective, stock purchase plan Critical illness cover Discounted gym membership, with over 3,000 gyms nationally Season ticket loan Access to a discounted voucher portal to save money on your weekly shop or next big purchase Emergency back-up family care And many more…