Senior Underwriter

5 days ago


Portsmouth, Portsmouth, United Kingdom Vermelo RPO Full time

About the Role:

Vermelo RPO is seeking an experienced Senior Underwriter to join our team as a Product Development Specialist. As a key member of our underwriting team, you will be responsible for developing and maintaining our product range to ensure we meet our business plan targets and objectives.

Key Responsibilities:

  • Collate and present key information to the Product Head on a scheduled and ad-hoc basis in respect of the product range.
  • Manage, maintain, and review the product range to ensure they remain current, competitive, compliant, and able to meet business targets in respect of allocated accounts and/or schemes.
  • Present pricing recommendations to the Product Head based on analysis of data, broker intel, pricing, and MI team.
  • Manage new product developments and amendments.
  • Collate and present key information to the Product Head on a scheduled and ad-hoc basis in respect of the product range.
  • Fully understand underwriting performance metrics to enable collation and presentation of key account information to the Product Head at agreed intervals and dealing with ad-hoc requests relating to products, pricing, and MI.
  • Research the market through broker intel, media, and personal contacts to remain up-to-date on all developing issues and opportunities.
  • Manage key accounts and other agreed key business relationships to maintain and develop profitable accounts and to explore any product opportunities and resolve issues that exist.
  • Nurture broker relationships to meet the needs of the business plan while using that relationship to obtain feedback from our customers of their experience.
  • Investigate and respond to queries from the operational area in relation to policy issues.

About You:

  • Experienced Underwriter with a strong analytical background.
  • Data mining experience with the ability to present observations and proposed actions.
  • Previous experience within the insurance market with commercial awareness, market knowledge, and process awareness.
  • Excellent communication skills with the ability to work well within a team environment and self-motivate.
  • Good knowledge of Excel functions with knowledge of SAS software being beneficial.

What We Offer:

  • A collaborative and fast-paced work environment.
  • 25 days annual leave plus Bank Holidays and the ability to buy an additional five days holiday.
  • Health Cash Plan.
  • A benefit scheme that offers discounts and cashback on shopping, restaurants, travel, and more.
  • Life Assurance 4x annual salary.


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