Risk Assessment Leader
4 days ago
About the Role: We are seeking a highly skilled and experienced Senior Underwriter to join our team.
Key Responsibilities:
- Renewals underwriter renewing approximately 75 renewals per month (Commercial Combined, Property Owners, Retail Package, General Liability, Contractors Liability)
- Lead and manage a team of Underwriters and Assistant Underwriters, providing guidance, coaching, and support to ensure the team's professional growth and success
- Maintain premium income per binder in line with projections and company strategy
- Develop broker relationships to become a key referral point for brokers
- Identify renewal threats and assist handlers on renewal strategy
- Ensure compliance with best practice procedures (processes and timescales)
- Review and update renewal template letters to brokers (invitations and document issuing)
- Filter referrals to insurers
- Act as a technical referral point for the renewals team
- Set performance goals, conduct performance appraisals, and provide constructive feedback to enhance individual and team performance
- Foster a collaborative and inclusive team culture, promoting effective communication, knowledge sharing, and teamwork
- Oversee induction and peer review for new starters
- Conduct one-to-one monthly peer reviews with each renewal handler
- Develop and maintain relationships with your broker panel
- Monthly reporting
- You will be expected to perform to the highest standards and in accordance with the Conduct Rules as specified by the FCA
Requirements:
- Commercial underwriting experience is essential, specifically in Property and Liability, ideally in all or some of the products mentioned above
- Exceptional leadership and people management skills, with a demonstrated ability to motivate and develop high-performing teams
- Previous experience in setting clear goals and objectives, monitoring progress, and providing regular feedback and coaching to ensure team members' growth
- Excellent analytical and problem-solving skills, with the ability to evaluate complex risks and make informed decisions
- Experience in dealing with Commercial brokers/ Insurers
- Experience working in a small team in SME organisations
- Experience in underwriting with delegated authority or underwriting licences
- Proven track record of developing new and existing relationships with key brokers
- Ability to deliver on financial targets
- Ability to work in a team and on your own initiative
- Experience in using software systems for underwriting and administration
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