Risk Management Specialist
1 month ago
We are seeking an experienced Risk Management Specialist to join our team at The Recruiter Ltd. As a Senior Underwriter, you will be responsible for managing a team of Underwriters and Assistant Underwriters, overseeing the renewal underwriting process, and ensuring the success of our commercial combined, property owners, retail package, primary liability, excess liability, contract works, and contractors' plant and equipment product suite.
Main Responsibilities:- Renew approximately 75 renewals per month, focusing on Commercial Combined, Property Owners, Retail Package, General Liability, and Contractors Liability.
- Lead and manage a team of Underwriters and Assistant Underwriters, providing guidance, coaching, and support for 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, including 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.
The Recruiter Ltd is a leading insurance recruitment agency specializing in temporary and permanent positions across the UK. Our clients are established companies seeking experienced professionals like yourself to drive their businesses forward.
Requirements- Strong analytical and problem-solving skills, with the ability to evaluate complex risks and make informed decisions.
- Previous experience in underwriting with delegated authority or underwriting licenses.
- Experience working in a fast-paced environment, with the ability to prioritize tasks and meet deadlines.
- Proven track record of developing new and existing relationships with key brokers.
- Ability to communicate effectively with stakeholders, including brokers, insurers, and colleagues.
- Estimated salary: £70,000 - £85,000 per annum, depending on experience.
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