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Senior Commercial Underwriter

2 months ago

Manchester, United Kingdom Vermelorpo Full time
Job Summary

We are seeking a highly skilled Senior Commercial Underwriter to join our team at Vermelorpo. As a key member of our underwriting team, you will be responsible for managing and maintaining our product range to ensure they remain current, competitive, and compliant.

Key Responsibilities
  1. Product Management: Manage, maintain, and review our product range to ensure they meet business targets and remain current, competitive, and compliant.
  2. Pricing Recommendations: Present pricing recommendations to our Product Head based on analysis of data, broker intel, and market trends.
  3. Key Account Management: Manage key accounts and other agreed business relationships to maintain and develop profitable accounts.
  4. Query Resolution: Investigate and respond to queries from our operational area in relation to policy issues.
  5. Data Analysis: Conduct data analysis and present observations and proposed actions to our Product Head.
  6. Commercial Awareness: Demonstrate commercial awareness, market knowledge, and process awareness to inform underwriting decisions.
Requirements
  • Previous experience within the insurance market.
  • Commercial awareness, market knowledge, and process awareness.
  • Data analysis and presentation skills.
  • Good knowledge of Excel functions.
  • Knowledge of SAS software is beneficial.
About Vermelorpo

Vermelorpo is a leading provider of insurance solutions. We specialize in niche motor cover and have a strong presence in the UK motor insurance market. Our underwriting strategy focuses on identifying and applying special risk factors to the customers' advantage.

We pride ourselves on fostering excellent working relationships with our partners and intermediaries. Our benefits package includes:

  • 25 days annual leave plus Bank Holidays.
  • Health Cash Plan.
  • A benefit scheme that offers discounts and cashback on shopping, restaurants, travel, and more.
  • Life Assurance 4x annual salary.