Our client is an established, award-winning, A rated and very recently voted as one of only seven 5* rated MGAs by Insurance Times in the Broker voted survey This particularly friendly, flexible & ambitious company is enjoying a period of fast growth making this a great time to join the company.
Home based, with regular Broker meetings & team get togethers, the ideal candidate will be based near ish to London and have a minimum of 2years + Commercial Underwriting experience, which should ideally include Contractor/Tradesman Underwriting experience.
The role is responsible for Underwriting a broad range of UK Commercial risks, including Commercial Combined, Contractors, Tradesman, Property Owners and Office, although you not prior experience in all mentioned classes.
The role: The trading, negotiating and underwriting of new business and/or renewal of existing business in accordance with the company's strategy.
Achieving budget income, Loss Ratio, Rate & Retention Targets whilst delivering excellent Customer Service and Underwriting standards via open market trading and the online trading platform.
To assist with the prioritization and allocation of new business quotations, midterm adjustments, renewals claims experience, pre-quote work and declinature of business falling outside the companies underwriting strategy.
Strive for maximum efficiency, development & profitability and contribute to creating a culture of excellence.
Identify and seek out additional key risk information required to adequately underwrite and price risks Working with Broker Development Managers on distribution strategy.
Regularly plan, discuss and agree pipeline activity with the broker to ensure targets are reached Accountability and Ownership for large case reviews including both New and Existing Business Processing Policy Amendments Resolution of accounts and claims queries Carry out peer reviews in line with company audit procedures Collaboration with the technical team where required for existing product improvements and new product development to improve loss ratio results.
Support the cascade and delivery of strategy changes and work in conjunction with the Operation and Technical teams to ensure these are being met.
To assist underwriting in managing performance of schemes generated.
Role requirements: Minimum 2-3 years+ previous UK Commercial underwriting experience Strong relationship/negotiation & numerical skills with good attention to detail and effective written and spoken communication skills.
Ideally CII qualified.
A working knowledge of market wordings and products.
Please note that if you have not heard from us within 7 days, your application has not been successful.
Bunn Abbott Consulting is acting as an Employment Agency in relation to this vacancy.
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