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Underwriting Manager
2 months ago
About the Opportunity
We are seeking a highly experienced Senior Underwriter to join our Hull team in London. As a key member of our underwriting team, you will play a critical role in managing the profitability of our book, underwriting and processing new business, renewals, and midterm adjustments.
Key Responsibilities
- Manage the underwriting of a particular Line of Business, ensuring the overall profitability, growth, and retention of the Line of Business.
- Ensure that business is written in accordance with the Company's policies, procedures, and controls, adhering to Lloyds Underwriting Management Standards.
- Support the development of assigned Line of Business, researching and identifying target business, competitor information, industry, and economic factors.
- Utilize appropriate systems to accurately enter quotes, risks, and endorsements, ensuring correct management, statistical, and regulatory reporting.
- Prepare analysis and gather data to support the professional execution of corporate/business underwriting policies/standards.
- Work closely with other business functions to optimize resource utilization.
- Monitor Line of Business results, making recommendations for corrective action as necessary.
- Promote Travelers' Line of Business, distribution strategy, and philosophy, providing guidance on the Company's underwriting philosophy, procedures, and requirements.
- Provide guidance, mentoring, and coaching as appropriate.
Requirements
- Thorough underwriting experience in the Lloyd's and/or company market required.
- ACII qualification preferred.
What We Offer
- Private Medical Insurance: Eligible for single cover provided by Travelers, with the option to add cover for dependents.
- Retirement: Basic contribution of 9% of pensionable salary to the Group Personal Pension Plan, with the option to contribute an additional amount.
- Holiday Entitlement: Minimum of 25 days holiday entitlement annually, with the opportunity to purchase additional days.
- Wellness Programme: Access to professional counseling services and other resources to support daily life needs.
- Volunteer Encouragement: Matching Gift and Volunteer Rewards programme to support charitable giving.
Employment Practices
Travelers is an equal opportunity employer, valuing the unique abilities and talents each individual brings to our organization and recognizing that we benefit in numerous ways from our differences.
