Latent Defect Insurance Underwriter
6 months ago
Do you have a good understanding of the general insurance market? Do you have experience with underwriting, customer service and risk analysis skills? Then we want to speak to you
We're recruiting to join a friendly, well respected and enjoyable team working for a business offering good career options and who look after their team.
What’s in it for you
- Salary depending on experience £25-30k pa
- Working 9am - 5pm with 1 hour lunch (35 hour week)
- Company subsidised pension, 25 days holiday plus bank holidays and subsidised travel availability
Why we’d work there
- Modern, spacious offices in Liverpool city centre
- Great friendly team ethic and family feel
- Real progression opportunities
What you’ll do
- Evaluate and authorise risks through the technical underwriting and final underwriting stages up to a reinstatement value of £30,000,000 per single structure; new and mid-term adjustments.
- Liaise with the technical team inspection surveyors across all aspects of risk underwriting
- Highlight special considerations; where the risk is, additional costs for surveys, etc
- Review builder's credit checks
- Review and confirm the BCIS
- Underwrite risks up to limit of £30,000,000 per single structure and a development limit of £65,000,000.
- Liaise with account executives to create full understanding of the business proposed
- Support ongoing training and account handler understanding
- Assist the underwriting manager in all aspects of the daily operation and performance of the department
- Check all required information obtained and uploaded to the software system.
- Interpret any previous narrative added previously and together with all Information relevant to the risk
- Refer risks above £10,000,000 via senior management to present to the insurer
Experience you need
- Experience of underwriting, customer service and risk analysis skills
- Knowledge of relevant market conditions preferred
- Sound understanding of the general insurance market
- Strong decision making ability
- Ability to negotiate with internal customers
How you apply
Not for me, for a friend
If you refer a friend, once they complete their first 8 weeks of work, contact us for a £100 voucher of your choosing
**Job Types**: Full-time, Permanent
**Salary**: £25,000.00-£30,000.00 per year
Schedule:
- Monday to Friday
Work Location: In person
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