Underwriting Manager

1 week ago

London, Greater London, United Kingdom McNeil & Co. Full time
The Position:

The Underwriting Manager/Specialist is responsible for the submission generation, underwriting and policy issuance of Cyber & Technology Liability accounts with potential to work on Miscellaneous Professional Accounts in the Central Region.

Job Responsibilities:
  1. Build strong long term profitable relationships with agents, brokers and policy holders.
  2. Generate pipeline of submissions that meet department appetite.
  3. Evaluate applications and related materials to determine acceptability of risks in accordance with company guidelines and standards.
  4. Determine the need for additional evidence of insurability.
  5. Participate in underwriting calls with clients and brokers to assess client's cybersecurity controls.
  6. Exercise judgment, negotiation and sound business decision making based on level of authority.
  7. Prepare quotes and answer questions from brokers, policyholders or other external contacts and escalate issues to management along with proposed solutions as necessary.
  8. Provide acceptable level of underwriting documentation for all assigned accounts.
  9. Be able to articulate underwriting positions and most importantly, reasons for such positions internally and externally.
  10. Keeps current on claim trends and changes in legal and regulatory environment.
  11. Provide monthly forecasts for new and renewal business and regular reconciliations to such forecasts.
  12. Monitor new business flow, quote ratio and hit ratio from each target agency to monitor variances to plan.
  13. Develop strategies to correct variances with each agency.
  14. May provide guidance and assistance to other underwriters and to other functional areas particularly when related to cross-sell opportunities
Required Skills/Experience:

4-6 years of Cyber underwriting experience

Desired Skills/Experience:
  • Strong relationships with wholesale and/or retail Cyber brokers
  • Strong interpersonal and communication skills and the ability to work with management at a senior level
  • Knowledge of broader MPL classes of business is desirable
  • Highly motivated with the ability to work independently or as part of a team
  • Ability to organize, prioritize and manage multiple priorities
  • Independent and innovative thinker with creative problem solving skills & strategic thinking
  • Strong analytical skills/judgment and mathematical skills
  • Strong mentoring/coaching skills to more junior colleagues
  • Effective communication – both oral and written
  • Effective negotiation skills
Education:

BA or BS, ideally with a degree/major in Economics, Business, Finance, or Accounting

#J-18808-Ljbffr

  • Management Liability Underwriter

    1 week ago

    London, Greater London, United Kingdom CFC Underwriting Full time

    The Underwriter's role is to work closely with the International Management Liability Team Leader and other members of the team to focus on building a profitable portfolio within the Management Liability binder guidelines and underwriting strategy, and to create and maintain positive broker relationships to generate new business and renew existing...

  • Assistant Underwriter/Underwriter

    1 week ago

    London, Greater London, United Kingdom Carbon Underwriting Limited Full time

    Position: Assistant Underwriter Start date: Immediate Role type: Permanent, full time Job Description: The Assistant Underwriter will play a crucial role in supporting the underwriting team in evaluating and assessing insurance applications. The Assistant Underwriter will work closely with Underwriters to gather and analyse information, assess risks, and...

  • Underwriters Required

    1 week ago

    London, Greater London, United Kingdom Carbon Underwriting Full time

    Casualty Underwriter Based in London circa 3 days a week in office, 2 days from home Now that Carbon has matured into a full syndicate, our casualty portfolio is rapidly expanding and so is our team We have ambitious goals and are looking for someone to play a key role in achieving them. Carbon takes career progression very seriously; we are keen to...

  • Media Underwriter

    1 week ago

    London, Greater London, United Kingdom CFC Underwriting Full time

    Working within our international Media team, you will be responsible for underwriting a caseload of new and renewal business for clients operating within the creative industries. You will work closely with the Underwriters, Managers and the Team Leader in order to provide exceptional service and forward-thinking insurance solutions to this evolving sector....

  • Agriculture Underwriter

    1 week ago

    London, Greater London, United Kingdom Geo Underwriting Full time

    Agriculture Underwriter – Home BasedWe're on the hunt for a talented and experienced Agriculture Underwriter to join our team at Geo Underwriting. This pivotal role, reporting to our Trading Manager, offers the flexibility of being home based with the requirement of travel to our Harrogate or Darlington office for an initial 2-week induction and...

  • Underwriter (Healthcare)

    1 week ago

    London, Greater London, United Kingdom CFC Underwriting Full time

    As an Underwriter on our Healthcare team you'll work closely with the Healthcare Team Leader in all aspects of underwriting, including new business and renewal underwriting, responding to broker queries and driving business development through developing your own broker relationships.- You'll have a solid background in underwriting healthcare products with...

  • Underwriting Assistant

    1 week ago

    London, Greater London, United Kingdom Rokstone Underwriting Full time

    Who We ArenAt The Aventum Group, we're not one for following the usual rules. We work hard at being different and that very much extends to how we look after our people. Because for us, they're not just people. They're part of the family. A family that dreams big and always works together to make insurance better. For everyone.We offer our employees a unique...

  • Underwriting Operations Assistant

    1 week ago

    London, Greater London, United Kingdom Apollo Underwriting Full time

    Your Role:As an Underwriting Operations Assistant, you play a crucial role in supporting various Apollo Underwriting teams, such as ibott 1971's Innovation team and Managing Agency Services (MGA) team.This position offers you the chance to make an immediate impact by ensuring operational excellence and resilience in underwriting teams, while also ensuring...

  • Commercial Property Underwriters

    1 week ago

    London, Greater London, United Kingdom Rokstone Underwriting Full time

    Role: Underwriter/Senior Underwriter - Property Reporting to: Head of Recycling Location: Hybrid - Office and Home Role: We are looking for an experienced Property Underwriter to join our longest-established product line, a niche underwriting facility targeting waste & recycling risks based in the UK, Australia, and the US. We have a long and successful...

  • New Business Underwriting Manager

    1 week ago

    London, Greater London, United Kingdom Thames Underwriting Limited Full time

    New Business Underwriting Manager - Leigh on SeaThis particular role is within the Construction Division which comprises Contractors Combined Liability, Contractors All Risks, Excess of Loss, Professional Indemnity, JCT and Non Negligent Liability.What you will do as a New Business Underwriting Manager:Manage construction new business departmentnUnderwriting...

  • Casualty Underwriter Underwriting · London · Hybrid Remote

    1 week ago

    London, Greater London, United Kingdom Carbon Underwriting Limited Full time

    Benefits* 30 days annual leave and Birthday off* 10% Employer Pension* Electric vehicle, Bike & Tech scheme* Private Healthcare & Life Insurance* 50% monthly gym membership* Hybrid working Casualty Underwriter Based in London circa 3 days a week in office, 2 days from home Now that Carbon has matured into a full syndicate, our casualty portfolio is...

  • Local Trading Manager

    1 week ago

    London, Greater London, United Kingdom Geo Underwriting Full time

    Trading Underwriting Manager – Home Based We're on the hunt for a talented Trading Underwriting Manager to join our growing team in the Thames Underwriting part of our business. This pivotal role, reporting to our Trading Underwriting Director, offers the flexibility of being home based. You will be responsible for supporting the delivery of the trading...

  • Exposure Manager

    1 week ago

    London, Greater London, United Kingdom Carbon Underwriting Full time

    The Opportunity: Recently recognised in the 2024 Sunday Times Best Companies to work for, if you want to join an exciting and expanding insurance business, with an energised leadership team and a top-flight tech platform, revolutionising the way DUA business is transacted through the Lloyd's and London market, then read on. We are searching for our first...

  • New Business Manager

    1 week ago

    London, Greater London, United Kingdom Thames Underwriting Limited Full time

    New Business Underwriting Manager - Leigh on Sea This particular role is within the Construction Division which comprises Contractors Combined Liability, Contractors All Risks, Excess of Loss, Professional Indemnity, JCT and Non Negligent Liability. What you will do as a New Business Underwriting Manager:Manage construction new business department ...

  • Underwriting Manager

    4 weeks ago

    London, Greater London, United Kingdom Idex Consulting Full time

    A leading insurance business are looking to appoint an Underwriting Manager to oversee underwriting process and strategy across their commercial division in the Midlands.You will be part of the UK Package management team commercial Package, leading underwriting standards for package and commercial combined business, collaborating with the wider management...

  • Underwriting Manager

    1 month ago

    London, Greater London, United Kingdom Idex Consulting Full time

    A leading insurance business are looking to appoint an Underwriting Manager to oversee underwriting process and strategy across their commercial division in the Midlands.You will be part of the UK Package management team commercial Package, leading underwriting standards for package and commercial combined business, collaborating with the wider management...

  • Underwriting Manager

    1 week ago

    London, Greater London, United Kingdom STR Group Limited Full time

    Underwriting Manager (Marine, transportation and logistics) - London - £120k - £140k An opportunity has arisen with a global insurer for an Underwriting Manager to head up one of their busy teams, based in their London office, focusing on marine, transportation and logistics markets. The role will have a dual focus, managing and developing a team of...

  • Underwriting Manager

    1 week ago

    London, Greater London, United Kingdom Harrison Holgate Full time

    Underwriting Manager - International Construction (CAR) London Reference: HH/RF-11785Underwriting Manager - International Construction (CAR) One of my partnered clients, a prestigious insurer renowned for its commitment to excellence, is currently recruiting for an Underwriting Manager to join their International CAR team. This role will involve working...

  • Underwriting Manager

    1 week ago

    London, Greater London, United Kingdom Idex Full time

    Working closely with the Head of Construction Underwriting, Technical and Operational Underwriting teams, the key objective is to support on projects which drive additional revenue opportunities for the MGA, whilst also supporting the Head of Construction Underwriting in capacity performance and management. The role is not intended to undertake referrals for...

  • Underwriting Manager

    1 month ago

    London, Greater London, United Kingdom Idex Consulting Full time

    Working closely with the Head of Construction Underwriting, Technical and Operational Underwriting teams, the key objective is to support on projects which drive additional revenue opportunities for the MGA, whilst also supporting the Head of Construction Underwriting in capacity performance and management. The role is not intended to undertake referrals for...