Commercial Insurance Property Underwriter

4 weeks ago


Caerphilly Caerphilly, United Kingdom Moorhouse Group Full time

Job Description Property/Package UnderwriterJob Description The Company
The Moorhouse Group specialises in the provision of Business Insurance Policies. We pride ourselves in being a leading provider throughout the business sector, of policies that may be standard or unique to commercial customer’s insurance needs, in addition to Commercial Vehicles. You'll be joining a specialist company with a reputation for delivering a first-class service, offering a range of products to our valued customers.
Responsible for Evaluation, Product proposition including Rate setting and Underwriting of Property Owners (Residential and Commercial) Unoccupied Properties, Package SME retail, Leisure, Office and Surgeries Package as well as Commercial Combined in accordance with the approved business plan. As a Property Underwriter, you will be responsible for Identifying and responding to the needs of the clients, ensuring we always deliver excellent service. Risk assessing, working with Market rates and Terms
Supporting MGA’s delegated authorities/binders (and any others required) by producing an underwriting profit on various lines of commercial business primarily Property/Package/Commercial Combined and Liability.
Review and analyse insurance applications for Property, Package, Commercial Combined risks
Construct Policy Wordings
To support the Group Underwriting Manager in expanding the account line with the syndicate plans whilst maintaining a focus on bottom line improvement
Monitor accuracy of contracts (contract certainty)
Pricing and analysis of new and renewal binding authorities
Monitor risk level data
Stay updated on industry trends, regulations, and guidelines to ensure compliance and accurate risk assessment
Assist Group Underwriting and Development Manager with Conduct Risk and participate in peer review process
Proven track record in Property Underwriting within an MGA, Insurance Company , Lloyd’s syndicate or oversight of a Broker DUA
Proactively develops business procedures and systems and utilizes records in accordance with internal procedures and regulatory guidelines.
Demonstrates advanced usage of communication skills to enhance business function by building both existing and new business relationships.
Full time, permanent role
· Competitive benefits package
· Enhanced holidays starting at 23 days, which increases to 25 days with service, plus bank holidays.
· Healthy work/life balance
· Smart Casual dress
· Company Social Events and a dedicated social committee
· Free On-site parking
· Recruitment referral programme
· Optimised Health Plan
· Company pension contribution
· Development plan with long term career opportunities
· Cycle to work scheme
· Electric Vehicle scheme
Highly competitive salary with comprehensive benefits package
Must have experience in Property Underwriting within an MGA, Insurance company , Lloyd’s syndicate or oversight of a Broker DUA



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