Senior Underwriter
This is a flexible, largely remote opportunity with occasional travel.
Role Purpose:
To support the Product Head in developing and maintaining the range of products to ensure the agreed business plan targets and objectives are met. Exploiting new product opportunities and providing Product and Technical support both internally and externally.
Key Responsibilities:
1. Collation and presentation of key information to the Product Head on schedule and ad hoc basis in respect of the product range.
2. Manage, maintain, and review the product range to ensure they remain current, competitive, compliant, and able to meet business targets in respect of allocated accounts and/or schemes.
3. Present pricing recommendations to the Product Head based on analysis of data, broker intel, pricing, and MI team.
4. Manage new product developments and amendments.
5. Fully understand underwriting performance metrics to enable collation and presentation of key account information to the Product Head at agreed intervals and dealing with ad-hoc requests relating to products, pricing, and MI.
6. Research the market, through broker intel, media, and personal contacts, to remain up to date on all developing issues and opportunities.
7. Management of key accounts and other agreed key business relationships, to maintain and develop profitable accounts, and to explore any product opportunities and resolve issues that exist.
8. Nurture broker relationships to meet the needs of the business plan while using that relationship to obtain feedback from our customers about their experience.
9. Investigate and respond to queries from the operational area in relation to policy issues.
About You:
* Experienced Underwriter.
* Data Mining Experience.
* Analytical background.
* Previous experience within the insurance market.
* Commercial awareness, market knowledge, process awareness.
* Data analysis including presentation of observations and proposed actions.
* Work well within a team environment as well as able to self-motivate and use initiative.
* Good knowledge of Excel functions.
* Excellent communication skills.
* Knowledge of SAS software would be beneficial.
Why us?
Markerstudy Insurance Services Limited (MISL) is one of the largest Managing General Agents in the UK. With a strong presence in the UK motor insurance market, we specialize in niche motor cover, where our solid market knowledge and experience enable us to create highly targeted products.
Our success is underpinned by our underwriting strategy to identify and apply special risk factors to the customers' advantage. That, and our skilled underwriting technicians who are friendly, accessible, and empowered to make decisions.
We only transact business through professional UK insurance intermediaries and we take pride in fostering excellent working relationships. Our products feature prominently on Aggregators' sites, such as (url removed), Go Compare, and Compare the Market, via our broker partners.
What we offer in return?
* A collaborative and fast-paced work environment.
* 25 days annual leave plus Bank Holidays and the ability to buy an additional five days holiday.
* Health Cash Plan.
* A benefit scheme that offers discounts and cashback on shopping, restaurants, travel, and more.
* Life Assurance 4x annual salary.
Job Info
Job Title: Senior Underwriter
Company: CV-Library
Location: Competitive
Posted: Jan 3rd 2025
Closes: Feb 3rd 2025
Sector: Insurance
Contract: Permanent
Hours: Full Time
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