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Commercial Motor Underwriter

4 months ago

Cambridge, Cambridgeshire, United Kingdom Marsh Full time

R_ Commercial Motor Underwriter – UK Wide – Flexible Location

Victor and its businesses operate as Managing General Agency (MGA), offering a wide range of property, liability, motor and specialty insurance products in the UK.

Victor Insurance is part of Marsh and McLennan Companies (MMC) – a global network of experts in risk, strategy and people. For over 140 years, Marsh & McLennan Companies (MMC) has supported enterprise, helping clients realise, survive and grow in changing times.

We have a fantastic opportunity for a Commercial Motor Underwriter to support the growth and retention of our comprehensive and established Commercial Motor Client Portfolio.

This position would ideally suit an individual from a Commercial Motor Insurance broking/underwriting background looking to further their career within Commercial Motor underwriting.

What can you expect?

  • We offer a platform to build on existing skill sets and knowledge and also an opportunity to learn new skills in a continuous improvement environment
  • You will be expected to carry out a wide range of underwriting activities relating to authorised products. The role will be involved in executing the company strategy and contributing to the achievement of our financial plans. In addition, the role is responsible for providing a superior customer service and delivering the required product profitability.
  • To build and maintain excellent relationships with our colleagues across the business

What you will be rewarded with?

  • Competitive Benefits Package including: 27 days annual leave, excellent pension contributions, private medical cover, life assurance, income protection, employee assistance program, plus a range of flexible benefits including the option to buy or sell up to 5 days holiday per year, cycle to work, dental insurance, health assessments plus many more
  • Generous Family Leave including: 6 months paid maternity leave, 4 months paid paternity leave, 6 months paid adoption leave plus shared parental leave options. To help ease the transition when you return to work you will be able to work 8 weeks at 80% of your normal work pattern and receive 100% of your normal salary
  • You will get in-depth on the job training and learn about insurance underwriting, as well as building relationships within the business and outside with our partners

We will rely on you to:

  • Contribute to and implement the underwriting strategy for all products, working within our established risk appetite
  • Directly contribute towards financial KPI's, including balancing the achievement of revenue without any detriment to underwriting profitability
  • Deliver Marsh/Victor service levels on all authorised products
  • Ensure that TCF is a part of the organisation's culture and behaviours
  • Have awareness of and ensure adherence of all regulatory requirements, guidelines and working practices – both internally and externally
  • Manage quality first and underwriting peer review requirements to identify areas for underwriting and product improvement
  • Act within underwriting authority
  • Build strong relationships with broking partners
  • Build strong relationship with internal stakeholders
  • Be responsible for own personal technical and skill set progression
  • Complete project work as per briefs and provide appropriate feedback as to projects goals and aim

What you need to have:

  • Experience of working in the Commercial Motor insurance market
  • Experience of working in teams and successful record of delivering results
  • Excellent communication skills with a strong customer service ethos
  • Good organisational skills to ensure that company processes and procedures are maintained
  • Communicating, influencing, negotiating and relationship building skills
  • Strong personal drive and results orientation
  • Good attention to detail

What makes you stand out:

  • Commercial Motor Underwriting experience
  • Strong relationships within the Commercial Motor sector
  • Agricultural Motor Insurance would be an advantage

Victor Insurance Holdings is the world's largest managing general underwriter with locations in the US, Canada, UK, Netherlands, Germany, Italy, and Australia. It handles more than $2.5 billion USD in premium on behalf of numerous insurance carriers, through a large network of more than 25,000 active insurance agents and brokers. With deep, specialized underwriting expertise, the company provides a wide range of insurance coverage – from specialty property and casualty and professional liability insurance to group and retiree benefits. Victor Insurance is committed to building on 60-plus years of experience to develop products that address risk in new and evolving areas. For more information, visit

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local based teams will identify at least one "anchor day" per week on which their full team will be together in person. office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.

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