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Senior Underwriter
2 months ago
About the Role:
Vermelo RPO is seeking a highly skilled Senior Underwriter to join our team as a Product Development Specialist. As a key member of our underwriting team, you will play a critical role in 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 regarding 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 intelligence, 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 regarding 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 intelligence, 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 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 regarding 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.
- Previous experience within the insurance market.
- Commercial awareness, market knowledge, and process awareness.
- Data analysis including presentation of observations and proposed actions.
- Ability to work well within a team environment as well as self-motivate and use initiative.
- Good knowledge of Excel functions.
- Excellent communication skills.
- Knowledge of SAS software would be beneficial.
Why Vermelo RPO:
Vermelo RPO is a leading provider of Recruitment Process Outsourcing (RPO) services. We specialize in delivering tailored recruitment solutions to our clients, and we are committed to excellence in everything we do.
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.